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.

12/30/2025 Customs Knowledge
Read More
Canadian Pacific Rail Strike Risks Disrupting North American Supply Chains

Canadian Pacific Rail Strike Risks Disrupting North American Supply Chains

A breakdown in negotiations between Canadian Pacific Railway (CP) and the Teamsters Canada Rail Conference (TCRC) has disrupted Canadian rail operations, potentially triggering a North American supply chain crisis. The two sides are deeply divided on issues such as wages, benefits, and working conditions, with each holding firm to their positions. Calls are mounting for a swift resolution to the dispute to prevent further damage to the Canadian economy. The ultimate outcome of this labor dispute will have a profound impact on the supply chain in Canada and across North America.

01/28/2026 Logistics
Read More
Echo Global Exec on Postpandemic Supply Chain Challenges

Echo Global Exec on Postpandemic Supply Chain Challenges

At the SMC3 Connections conference, Echo Global Logistics executive Frank Hurst shared insights on post-pandemic logistics trends. He emphasized embracing uncertainty, leveraging big data to optimize networks, and focusing on rational pricing in the less-than-truckload (LTL) market. Hurst also offered a forward-looking perspective on freight demand recovery and capacity adjustments. He highlighted the crucial role of technology in enhancing efficiency and service quality within the evolving logistics landscape. The importance of adapting to change and utilizing data-driven strategies were key takeaways from his presentation.

01/28/2026 Logistics Industry Insights
Read More
ECB Vice President Race Intensifies As Centenos Bid Faces Hurdles

ECB Vice President Race Intensifies As Centenos Bid Faces Hurdles

The ECB Vice President appointment may be revealed today, with former Portuguese Finance Minister Centeno facing challenges. The article analyzes the backgrounds and strengths of the candidates and explores the impact of the Vice President's selection on ECB policy. The final candidate requires the support of at least 16 countries. The market is paying close attention to the subsequent press conference. The appointment is crucial for the ECB's future direction and its ability to navigate the current economic landscape. The selection process has been closely watched by investors and economists alike.

01/19/2026 Exchange Rate Query
Read More
Suqian Explores Crossborder Trade Growth Amid Global Challenges

Suqian Explores Crossborder Trade Growth Amid Global Challenges

Suqian actively embraces cross-border business opportunities by hosting and participating in various international events, building bridges for local enterprises to connect with the global market. This article reviews the concluded E-commerce Festival and Scientists Conference, and looks forward to future events such as the Grain and Oil Equipment Exhibition. It emphasizes the need for enterprises to enhance their competitiveness and strengthen international cooperation to address the challenges of cross-border business. The city aims to leverage these opportunities to boost its economy and foster global partnerships.

02/11/2026 International Settlement
Read More
Rail Industry Grapples With Safety Labor and Sustainability Pressures

Rail Industry Grapples With Safety Labor and Sustainability Pressures

Leaders from the Association of American Railroads (AAR) and the American Short Line and Regional Railroad Association (ASLRRA) addressed key issues such as railroad safety, labor relations, and operations at the RailTrends conference. The discussion included progress in labor negotiations, the need for railroad safety legislation, and the advantages of short line railroads in customer service. The article analyzes these points and offers a glimpse into the future direction of the railroad industry, highlighting the importance of collaboration and innovation for sustained growth and improved safety across the network.

02/11/2026 Logistics Industry Insights
Read More
Echo Global Exec Discusses Postpandemic Logistics Challenges

Echo Global Exec Discusses Postpandemic Logistics Challenges

Echo Logistics executive Hurst emphasized the need for logistics to focus on crisis response, data, technology, and collaboration in the post-pandemic era at the SMC3 conference. He believes the market is experiencing a U-shaped recovery, with LTL (Less-Than-Truckload) remaining stable. Hurst highlighted the importance of technology in enabling efficiency gains within the supply chain. The ability to quickly adapt to disruptions and leverage data-driven insights are crucial for navigating the evolving logistics landscape and ensuring supply chain resilience. This requires embracing innovation and fostering strong partnerships.

02/11/2026 Logistics Industry Insights
Read More
ATA Economist Analyzes Freight Industry Trends and Risks

ATA Economist Analyzes Freight Industry Trends and Risks

Bob Costello, Chief Economist at the American Trucking Associations, provided an in-depth analysis of future trends in the freight economy at the RILA Supply Chain Conference. He believes that while economic growth will slow, the overall economy will continue to grow, delaying the risk of recession. He also highlighted concerns about tight labor markets, a stressed housing market, and trade frictions. Costello emphasized that companies should focus on technological changes, diversification, and risk management to navigate future challenges and maintain a competitive edge in the evolving freight landscape.

02/12/2026 Logistics Industry Insights
Read More
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.

01/20/2026 Logistics Industry Insights
Read More
WCO Urges Customsbroker Collaboration to Streamline Global Trade

WCO Urges Customsbroker Collaboration to Streamline Global Trade

The WCO Deputy Secretary-General attended the IFCBA World Congress, emphasizing the crucial role of customs-broker cooperation in trade facilitation. The conference highlighted China Customs' proactive efforts under the Belt and Road Initiative and explored areas of cooperation such as information sharing, capacity building, and compliance incentives. The aim is to build a closer customs-business relationship and promote global trade development. This collaboration is essential for streamlining processes, reducing costs, and ensuring security in the international supply chain, ultimately benefiting both customs administrations and the trading community.

02/12/2026 Customs Knowledge
Read More