WCO OECD Align Customs and Transfer Pricing to Boost Trade

WCO OECD Align Customs and Transfer Pricing to Boost Trade

A joint workshop by the World Customs Organization (WCO) and the Organisation for Economic Co-operation and Development (OECD) aimed to enhance the expertise of customs and tax authorities in customs valuation and transfer pricing. It promoted cooperation to resolve tax disputes and trade frictions arising from valuation differences. The workshop included rule learning, practical exchanges, and provided WCO guidelines as reference. Future efforts will focus on deepening collaboration to build a fair trade environment by addressing valuation challenges and fostering international cooperation.

02/03/2026 Customs Knowledge
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Ningbo Reopens Direct US Air Cargo Route

Ningbo Reopens Direct US Air Cargo Route

The intercontinental freighter route from Ningbo, Zhejiang to the United States has recently resumed operations, promoting freight exchange between China and the U.S. and enhancing the efficiency of the international freight network. Operated by Atlas Air, the route runs three times a week, mainly carrying cross-border e-commerce and electronic products, marking the growth potential of the Ningbo freight market.

08/06/2025 Logistics
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Ocean Freight Rates Surge Amid Uschina Trade Strain

Ocean Freight Rates Surge Amid Uschina Trade Strain

The surge in China-US ocean freight rates stems from pandemic-induced supply-demand imbalances, leading to reduced shipping capacity, port congestion, and surging demand. This intensifies cost pressures on exporters, drives up consumer prices, and disrupts supply chains. Mitigation strategies include increasing shipping capacity, optimizing port operations, strengthening international cooperation, and promoting digital transformation to stabilize the global trade chain.

01/15/2026 Logistics
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Finnish Footwear Expands Exports to Chinas Shantou

Finnish Footwear Expands Exports to Chinas Shantou

This article provides a detailed guide on directly shipping sneakers from Finland to Shantou, China. It covers key aspects such as choosing a shipping method, completing necessary documents, packaging items, and navigating customs clearance procedures. It also addresses frequently asked questions regarding direct international shipping and customs duties, aiming to help readers smoothly and conveniently ship their desired sneakers from Finland to Shantou.

01/30/2026 Logistics Encyclopedia
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Peru Boosts Customs Oversight with Global Partnerships

Peru Boosts Customs Oversight with Global Partnerships

Peru hosted a virtual forum to discuss risk management in customs valuation. Participating countries shared their experiences, highlighting best practices and challenges. The Peruvian Customs Service outlined plans to strengthen value verification processes and deepen public-private partnerships to improve compliance and combat fraud. The forum emphasized the importance of international cooperation in addressing valuation-related risks and ensuring fair trade practices. The discussions focused on leveraging technology and data analysis to enhance risk assessment and improve the efficiency of customs operations.

01/26/2026 Customs Knowledge
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Airlines Seek Tax Relief Amid Rising Financial Pressures

Airlines Seek Tax Relief Amid Rising Financial Pressures

Faced with various unreasonable taxes imposed on the aviation industry, the International Air Transport Association (IATA) is committed to promoting fair tax policies. IATA offers professional tax planning and compliance training courses to help airlines reduce tax costs and improve profitability. IATA Consulting provides comprehensive tax consulting services, assisting companies in optimizing their tax structures and addressing tax challenges. The aim is to alleviate the burden of unfair taxation and enable airlines to operate more efficiently and profitably within a compliant framework.

01/05/2026 Logistics Industry Insights
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Global Flight Coordination Calendar Boosts Aviation Efficiency

Global Flight Coordination Calendar Boosts Aviation Efficiency

The Worldwide Airport Slot Guidelines (WASG) is a crucial tool for ensuring consistency in global flight schedule planning and allocation. It outlines key dates and deadlines that airlines, airports, and coordinators must adhere to before each scheduling season, ensuring operational efficiency and promoting fair competition. This calendar is an important document published by the International Air Transport Association (IATA) within its global flight schedule management framework. It facilitates the coordinated allocation of airport slots, crucial for managing air traffic and optimizing airport capacity.

01/08/2026 Logistics
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WIPO Initiative Promotes Gender Equality in Innovation

WIPO Initiative Promotes Gender Equality in Innovation

World Intellectual Property Day focuses on women's innovation. The WCO calls on customs administrations to strengthen intellectual property protection and empower female entrepreneurs. By raising IP awareness, enhancing customs control, and promoting international cooperation, a fair innovation environment can be created for female creators. This collaborative effort paves the way for a future driven by women's innovation. The initiative aims to support female innovators by combating counterfeiting and piracy, ensuring their creations are protected and valued, ultimately fostering economic growth and societal advancement.

01/22/2026 Customs Knowledge
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WCO Revises Customs Valuation Rules to Reduce Trade Risks

WCO Revises Customs Valuation Rules to Reduce Trade Risks

The World Customs Organization has released updated Customs Valuation tools, focusing on revised advisory opinions regarding royalties and the valuation of private label goods. These new guidelines aim to assist businesses in more accurately understanding and applying customs valuation rules, reducing trade costs, improving customs clearance efficiency, and mitigating potential risks. The updates provide clarity on complex valuation issues, ensuring fair and consistent application of international trade regulations. This will ultimately facilitate smoother cross-border transactions and promote greater trade compliance.

01/26/2026 Customs Knowledge
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Global Aviation Industry Advances with Iatas Leadership

Global Aviation Industry Advances with Iatas Leadership

The International Air Transport Association (IATA) plays a crucial role in the global aviation industry, committed to enhancing safety, security, and sustainable development. It collaborates with governments to advocate for favorable policies. By optimizing airspace, simplifying processes, building infrastructure, and promoting fair competition, IATA supports the sustainable growth of the aviation industry, contributing significantly to the global economy and society. IATA's efforts aim to create a more efficient, secure, and environmentally responsible aviation sector for the benefit of all stakeholders.

01/07/2026 Logistics Industry Insights
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