Customs Valuation and Transfer Pricing Align for Multinationals

Customs Valuation and Transfer Pricing Align for Multinationals

The World Customs Organization (WCO) and the OECD jointly held a seminar in Pretoria, focusing on the nexus between customs valuation and transfer pricing. The conference promoted cooperation between tax and customs authorities, exploring the application of transfer pricing studies in customs valuation. It emphasized information sharing, aiming to build a fairer international trade environment. Discussions centered on how transfer pricing methodologies can inform customs valuation practices, ensuring accurate and equitable assessment of goods for duty purposes. The initiative seeks to enhance transparency and combat illicit financial flows related to trade.

STB Chair Warns of US Freight Rail Service Crisis

STB Chair Warns of US Freight Rail Service Crisis

Surface Transportation Board (STB) Chairman Martin Oberman strongly criticized the “collapse” of US freight rail service and labor shortages at the RailTrends conference. He pointed out that railroad companies have significantly reduced staff in pursuit of profits, leading to train delays, embargoes, and other problems, causing significant losses to the US economy. Oberman argued that these actions prioritize profits over service. He called for strengthened regulation, increased investment, and encouragement of innovation to reshape the future of US freight rail. He emphasized the need for railroads to prioritize service and reliability alongside financial performance.

TD Cowen Analyzes Freight Market Trends Tariffs and LTLTL Shifts

TD Cowen Analyzes Freight Market Trends Tariffs and LTLTL Shifts

At the SMC3 JumpStart 2025 conference, TD Cowen Managing Director Jason Seidl shared his unique insights on the freight economy, tariff impacts, AI applications, nearshoring, M&A activity, and LTL/TL market trends. His presentation provided valuable market analysis and strategic advice for businesses navigating the complexities of the current freight landscape. He highlighted key factors shaping the industry and offered actionable recommendations for companies looking to optimize their logistics operations and capitalize on emerging opportunities. Seidl's expertise offered attendees a comprehensive understanding of the forces at play in the freight market.

Affiliate Marketing Strategies Boost ROI Through Partner Growth

Affiliate Marketing Strategies Boost ROI Through Partner Growth

To break through growth bottlenecks in affiliate marketing, maintaining strong partner relationships is crucial. This can be achieved by precisely defining partner profiles, establishing detailed marketing objectives, providing diverse marketing materials, and leveraging AI technology to empower content creation. These strategies effectively enhance the ROI of affiliate marketing and enable a self-circulating traffic flow.

Shopify Sellers Now Listed on Walmart Marketplace

Shopify Sellers Now Listed on Walmart Marketplace

Walmart partnered with Shopify, giving Shopify merchants the opportunity to sell their products on Walmart.com. Approximately 1,200 Shopify merchants are expected to join the platform in 2020. This collaboration allows Shopify merchants to expand their sales channels, while Walmart enriches its product assortment, creating a win-win situation for both parties.

US Freight Rail Faces Labor Shortages Monopoly Concerns

US Freight Rail Faces Labor Shortages Monopoly Concerns

STB Chairman Martin Oberman sharply criticized US freight railroads, particularly the 'Big Four,' at the RailTrends conference for prioritizing profits over service by excessive workforce reductions. He emphasized the critical role of railroads in the US economy, calling the labor shortage a 'self-imposed embargo.' Oberman urged railroads to reassess their role and address the issues, warning of stricter regulations if they fail to do so. He highlighted the detrimental impact of their actions on service reliability and the overall economy, emphasizing the need for a shift in priorities from short-term gains to long-term sustainability and service quality.

USPS Adopts Open Access Strategy for Lastmile Delivery

USPS Adopts Open Access Strategy for Lastmile Delivery

The United States Postal Service (USPS) is actively collaborating with logistics companies and retailers through its "Open Last Mile" initiative, aiming to provide faster, more reliable, and cost-effective delivery services, particularly same-day and next-day options. This marks a significant shift in USPS's strategic direction, designed to improve operational efficiency, expand its service offerings, and reshape its position in the logistics industry. This collaboration aims to bring numerous benefits to both retailers and consumers by enhancing delivery speed and reliability.