US Rail Freight Declines Over Labor Day Longterm Outlook Steady

US Rail Freight Declines Over Labor Day Longterm Outlook Steady

According to the Association of American Railroads, U.S. rail freight and intermodal traffic decreased year-over-year for the week ending September 6, potentially due to the Labor Day holiday. Performance varied across different commodity categories, with year-to-date volumes for both freight and intermodal still showing growth. Future trends will be influenced by a multitude of factors including the macroeconomy, energy transition, supply chain restructuring, and infrastructure investments.

01/21/2026 Logistics
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Mozambique Adopts Harmonized System to Ease Global Trade

Mozambique Adopts Harmonized System to Ease Global Trade

Mozambique's accession to the International Convention on the Harmonized Commodity Description and Coding System, becoming the 145th contracting party, signifies an acceleration of its trade facilitation process. The Harmonized System, serving as a 'universal language' for international trade, simplifies customs procedures and promotes trade statistics, positively impacting both Mozambique's and global trade development. Looking ahead, the Harmonized System will increasingly focus on technological advancements, environmental protection, and trade security.

01/26/2026 Customs Knowledge
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Iran Publishes Persian HS Notes to Facilitate Trade

Iran Publishes Persian HS Notes to Facilitate Trade

Iranian Customs has translated the World Customs Organization's Harmonized System Explanatory Notes into Persian to improve commodity classification accuracy, enhance customs clearance efficiency, reduce trade costs, and facilitate international trade. This initiative holds significant implications for Iran's international trade and serves as a valuable reference for other developing countries. The translation aims to streamline processes and promote greater compliance with international standards, ultimately fostering a more efficient and transparent trading environment.

01/26/2026 Customs Knowledge
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HS Code and Tax Rates for Seed Mustard Clarified

HS Code and Tax Rates for Seed Mustard Clarified

This article provides a detailed analysis of the HS code 1207501000 for seed mustard, including key information on tax rates, declaration elements, regulatory conditions, and inspection and quarantine categories, helping readers gain a comprehensive understanding of the relevant trade policies.

08/08/2025 HS Code Query
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Canadian Dollar Dips Against USD Amid Market Volatility

Canadian Dollar Dips Against USD Amid Market Volatility

This article analyzes the recent movements of the USD/CAD exchange rate and the influencing factors, including interest rate differentials, economic data, commodity prices, and geopolitical risks. It also outlines the performance of other major currency pairs and the interest rate policies of major central banks. Furthermore, it forecasts the future trend of the USD/CAD exchange rate, emphasizing the need for investors to closely monitor the global economic situation and central bank policy developments.

09/01/2025 Exchange Rate Query
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New Customs Form Aims to Streamline Clearance Process

New Customs Form Aims to Streamline Clearance Process

This article provides a detailed interpretation of the key revisions in the new version of the "Customs Declaration Form Filling Specifications of the People's Republic of China for Import and Export Goods." These revisions include improvements to the declaring entity information, expansion of commodity item numbers, streamlining of invalid columns, addition of key mandatory fields, and updates to the wording. It also provides essential filling tips to help companies efficiently complete the customs declaration process.

09/26/2025 Customs Knowledge
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