WCO and ICC Partner to Strengthen WTO Customs Valuation Rules

WCO and ICC Partner to Strengthen WTO Customs Valuation Rules

The World Customs Organization (WCO) and the International Chamber of Commerce (ICC) have a long-standing collaboration to promote the global application of the WTO Customs Valuation Agreement. In 2000, they issued a joint declaration aimed at promoting uniform, transparent, and fair customs valuation standards. This collaboration seeks to foster global trade compliance, transparency, and facilitation, ultimately reducing trade costs for businesses. The joint efforts emphasize the importance of consistent and predictable customs valuation practices for efficient and equitable international trade.

01/22/2026 Customs Knowledge
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Europe Launches Journal for Global Trade Compliance Research

Europe Launches Journal for Global Trade Compliance Research

The *Customs Scientific Journal*, initiated by the European Regional Training Centre, aims to gather research findings in the European customs field, promote academic exchange, and drive innovation and development in customs practices. The journal focuses on four core themes: customs-business partnerships, professional education, WCO standards application, and best practices. It injects new vitality into academic exchange and practical innovation in the global customs field, providing a platform for sharing knowledge and fostering collaboration among customs professionals and researchers worldwide.

01/22/2026 Customs Knowledge
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Firms Urged to Secure Vulnerable Outsourced Supply Chains

Firms Urged to Secure Vulnerable Outsourced Supply Chains

This paper analyzes security vulnerabilities existing in the outsourcing links of international supply chains. It points out the limitations of current supply chain security plans and proposes strategies to bridge these gaps. These strategies include strengthening due diligence, developing security standards, enhancing security supervision, establishing information sharing platforms, applying advanced technologies, and improving employee security awareness. The paper argues that a multi-faceted approach is crucial for mitigating risks associated with outsourcing and ensuring a more secure and resilient global supply chain.

01/22/2026 Customs Knowledge
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US Trucking Rates Unaffected by Stricter English Proficiency Rules

US Trucking Rates Unaffected by Stricter English Proficiency Rules

Increased enforcement of English proficiency standards for truck drivers in the US aims to improve road safety. Analysis suggests a limited impact on overall capacity and freight rates, despite rising violation and out-of-service rates. Truck freight rates are primarily driven by demand, not supply. While localized capacity constraints may occur in the short term, long-term effects are still being assessed. Future monitoring should focus on macroeconomic conditions and market demand fluctuations to fully understand the implications of this policy.

01/22/2026 Logistics Industry Insights
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Amazon Sellers Gain Edge with Crossborder Logistics Solutions

Amazon Sellers Gain Edge with Crossborder Logistics Solutions

This article analyzes common cross-border logistics methods used by Amazon sellers, including FBA, third-party overseas warehouses, international express delivery, postal parcels, and dedicated line logistics. It introduces the service characteristics, advantages, disadvantages, and applicable scenarios of each method, providing guidance for sellers in selecting efficient logistics.

08/04/2025 Logistics Encyclopedia
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Global Trade Faces Rising Customs Seizures Over Invoice Errors

Global Trade Faces Rising Customs Seizures Over Invoice Errors

This article provides a detailed analysis of the five main types of commercial invoices used in cross-border logistics and their critical roles. It emphasizes the importance of accurately completing invoices. By addressing common mistakes and offering compliance operational suggestions, it assists businesses in ensuring smooth cross-border transactions.

09/16/2025 Customs Knowledge
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