Customs Implements New Integrated Declaration Rules for Import and Export Goods A Transformative Journey Towards One-stop Clearance

Customs Implements New Integrated Declaration Rules for Import and Export Goods A Transformative Journey Towards One-stop Clearance

Starting from August 1, customs has implemented a new integrated declaration mechanism for import and export goods, merging the customs declaration and inspection forms into a single new declaration. This reform aims to optimize the declaration process, increase customs clearance efficiency, and significantly reduce the workload and labor costs for enterprises, with an expected improvement in clearance speed of 20-30%. Additionally, customs has provided necessary training for businesses to ensure a smooth transition to the new system, ultimately enhancing their competitiveness and participation.

08/02/2023 Logistics
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South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

As competition intensifies in the global shipping market, South Korean shipping companies urgently need to acquire ultra-large container ships to reduce costs and enhance their market competitiveness. However, liquidity issues and financing difficulties complicate this goal. Additionally, overcapacity in the industry and falling freight rates pose challenges to profitability. Regulatory authorities oppose the merger of two companies, citing potential negative impacts on the overall economy. In the future, businesses must find a breakthrough between new ship investments and market adaptation, with hopes for a recovery.

07/21/2025 Logistics
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Moldova Boosts Trade Via Mercator Program WTO Deal

Moldova Boosts Trade Via Mercator Program WTO Deal

Moldova, with support from Switzerland and the WCO, has launched the "Mercator Program" to streamline customs procedures, improve trade efficiency, and foster economic growth and regional cooperation. The initiative aims to reduce trade barriers, simplify documentation, and enhance transparency in cross-border trade. By implementing modern customs practices and technologies, Moldova seeks to boost its competitiveness and integrate further into the global economy. The Mercator Program is expected to contribute significantly to Moldova's economic development and strengthen its position as a reliable trading partner.

01/05/2026 Customs Knowledge
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Bangladesh Enhances Trade Efficiency with Wcobacked Study

Bangladesh Enhances Trade Efficiency with Wcobacked Study

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) Global Trade Facilitation Programme (GTFP) held a strategic dialogue with the National Board of Revenue (NBR) of Bangladesh in February 2021 to strengthen Bangladesh's Time Release Study (TRS) capabilities. The meeting reviewed Bangladesh Customs' TRS experience and developed a future action plan to improve clearance efficiency and promote trade facilitation. The aim is to streamline processes and reduce the time required for goods to be released from customs control, ultimately boosting trade competitiveness.

01/05/2026 Customs Knowledge
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Airlines Use Iatas MCX to Cut Maintenance Costs Boost Profits

Airlines Use Iatas MCX to Cut Maintenance Costs Boost Profits

IATA's MCX project helps airlines analyze aircraft maintenance costs and optimize operations. The free tools and reports empower businesses to make informed decisions and enhance their competitiveness. By leveraging data analysis, airlines can identify cost-saving opportunities within their maintenance programs. This leads to more efficient resource allocation and improved overall operational performance. The MCX project provides valuable insights into maintenance cost drivers, enabling airlines to proactively manage their expenses and ensure long-term financial sustainability. Ultimately, this contributes to a more robust and competitive aviation industry.

01/05/2026 Airlines
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VAT Zerorating Boosts International Aviation Connectivity

VAT Zerorating Boosts International Aviation Connectivity

The unique nature of international air transport clashes with traditional tax jurisdictions. This paper argues for the necessity of implementing a zero-rating VAT refund mechanism for international aviation. It emphasizes that this mechanism can reduce operational costs, promote international travel and trade, enhance competitiveness, and ensure fairness. ICAO resolutions provide guidance for governments to develop relevant policies, contributing to the construction of an interconnected global aviation network. This approach helps to streamline processes and foster a more efficient and equitable system for international air travel.

01/05/2026 Customs Knowledge
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Air Freight Industry Adopts Palletization to Cut Costs Boost Capacity

Air Freight Industry Adopts Palletization to Cut Costs Boost Capacity

International air freight cargo palletization is crucial for improving space utilization and reducing logistics costs. This paper delves into standardized palletization processes, emphasizing the importance of cargo pre-inspection, layered stacking, moisture protection, and uniform netting. It explores optimization strategies such as “3D matching” stacking and mixed cargo type allocation. Furthermore, the application of automated pre-loading technology is mentioned. Through meticulous palletization operations, businesses can effectively enhance their competitiveness in international air freight. This ultimately leads to more efficient and cost-effective air cargo transportation.

01/05/2026 Logistics Encyclopedia
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Global Shipping Firms Adopt Smart Consolidation to Cut Costs

Global Shipping Firms Adopt Smart Consolidation to Cut Costs

Smart consolidation technology for international express delivery utilizes volumetric weight offsetting, tariff cost optimization, and intelligent route planning to help cross-border e-commerce businesses significantly reduce logistics costs while maintaining delivery speed. Selecting a suitable smart consolidation service is crucial for enhancing business competitiveness. It optimizes the shipping process by combining multiple orders into a single shipment, leveraging economies of scale and minimizing overall expenses. This approach allows businesses to offer competitive pricing and improve customer satisfaction through faster and more cost-effective delivery options.

01/05/2026 Logistics Industry Insights
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Maritime Shippers Urged to Avoid Demurrage With Timely NOR

Maritime Shippers Urged to Avoid Demurrage With Timely NOR

This article provides an in-depth analysis of the importance of Notice of Readiness (NOR) in maritime shipping, emphasizing the crucial role of accurate NOR submission in avoiding demurrage and improving operational efficiency. It details the timing, location, method, and essential content of NOR submission. Practical advice is offered to avoid common mistakes, helping businesses reduce costs and enhance competitiveness in maritime operations. The article highlights how proper NOR management contributes to smoother port operations and minimizes potential financial liabilities associated with vessel delays.

01/05/2026 Logistics Encyclopedia
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Data Analytics Boosts Efficiency in Global Air Cargo

Data Analytics Boosts Efficiency in Global Air Cargo

This paper analyzes the entire international air freight line process from a data analyst's perspective, revealing the data-driven strategies behind its efficient operation. From front-end cargo preparation and capacity matching to back-end customs clearance and last-mile delivery, data analysis enables intelligent decision-making in each step, improving efficiency and reducing costs. Building an intelligent air freight line ecosystem, achieving data sharing, real-time monitoring, and continuous optimization, is crucial for enhancing competitiveness. This data-centric approach optimizes the entire logistics chain.

01/05/2026 Logistics
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