Peru Boosts Customs Oversight with Global Partnerships

Peru Boosts Customs Oversight with Global Partnerships

Peru Customs, with support from the SECO-WCO Global Trade Facilitation Programme, held a virtual forum focusing on optimizing customs valuation risk management. Participating countries shared experiences and discussed database construction, value verification processes, and private sector engagement. Based on this, Peru Customs developed an action plan to strengthen value verification and deepen cooperation with the private sector. The World Customs Organization will continue to provide support to enhance transparency and predictability in cross-border trade.

02/05/2026 Customs Knowledge
Read More
South Africa Eswatini Launch Smart Border Efficiency Study

South Africa Eswatini Launch Smart Border Efficiency Study

South Africa and Eswatini jointly launched a Time Release Study at the Oshoek-Ngwenya border post to identify and address bottlenecks in customs clearance and improve trade efficiency. Supported by the World Customs Organization, the study's findings are expected to be released in April 2024 and will provide important reference for the construction of smart borders in both countries. The research aims to streamline border procedures and facilitate smoother trade flows between South Africa and Eswatini.

02/05/2026 Customs Knowledge
Read More
China Saudi Arabia to Build Transasia Highspeed Rail

China Saudi Arabia to Build Transasia Highspeed Rail

China and Saudi Arabia are planning a high-speed railway connecting Urumqi and Jeddah, spanning approximately 12,000 kilometers. Currently, Saudi Arabia's high-speed rail system is under construction and direct connection is not yet available. Once completed, this project will boost trade, tourism, and cultural exchange between the two countries, and have a profound impact on economic and social development. The railway represents a significant step in strengthening bilateral ties and fostering greater cooperation between China and Saudi Arabia.

02/05/2026 Logistics Encyclopedia
Read More
Ecommerce Firms Optimize FBA Crossborder Ocean Freight

Ecommerce Firms Optimize FBA Crossborder Ocean Freight

This paper analyzes the advantages and importance of FBA ocean shipping in cross-border e-commerce. It explores efficient solution construction, risk management, and future trends to help businesses optimize logistics and enhance competitiveness. Key areas covered include streamlining shipping processes, mitigating potential disruptions, and adapting to evolving market demands. By understanding these aspects, businesses can leverage FBA ocean shipping to improve their supply chain efficiency and achieve sustainable growth in the global e-commerce landscape.

02/12/2026 Logistics Encyclopedia
Read More
Unionpay and Visa Drive Global Crossborder Payment Innovation

Unionpay and Visa Drive Global Crossborder Payment Innovation

Payment giants like UnionPay and Visa are accelerating the construction of a new global payment interconnection landscape. By leveraging localized partnerships, technological innovation, and scenario expansion, they are enhancing the convenience, efficiency, and security of cross-border payments. These initiatives indicate a future where global trade and people-to-people exchanges will benefit from a more intelligent and seamless payment experience. This includes improved infrastructure and streamlined processes to facilitate international transactions and boost overall economic activity.

02/11/2026 International Settlement
Read More
DARPA Enlists 14 Firms to Advance Lunar Economy

DARPA Enlists 14 Firms to Advance Lunar Economy

DARPA has launched the 'Lunar Architecture for 10 Years' (LunA-10) research project, uniting 14 companies to build an integrated and interoperable lunar commercial ecosystem. Focusing on core services like logistics, construction, and communication, the initiative aims to foster the development of a lunar economy. This ambitious project faces technological, legal, and ethical challenges, requiring international collaboration and commercial innovation to succeed. LunA-10 seeks to establish a sustainable and thriving presence on the Moon within the next decade.

02/11/2026 Logistics Industry Insights
Read More
US Rail Freight Sees Mixed Results During Thanksgiving

US Rail Freight Sees Mixed Results During Thanksgiving

According to the Association of American Railroads, U.S. rail carload traffic decreased year-over-year during Thanksgiving week, while intermodal traffic increased. Year-to-date, carload traffic shows a slight increase, while intermodal traffic has declined. Railroad companies need to strengthen infrastructure construction and promote technological innovation to meet challenges and seize opportunities. This involves improving efficiency, reliability, and capacity to better serve shippers and adapt to evolving market demands in both carload and intermodal segments.

02/11/2026 Logistics
Read More
Wells Fargo Consumer Strength Eases 2025 Tariff Worries

Wells Fargo Consumer Strength Eases 2025 Tariff Worries

Wells Fargo reports that US consumers are showing resilience. Businesses are adapting their supply chains to address tariffs and retail challenges. The retail sector is optimizing operations and expanding online channels to navigate the evolving landscape. These adjustments reflect efforts to maintain stability and growth amidst economic pressures, highlighting the dynamic responses of both consumers and businesses to current market conditions.

02/04/2026 Logistics Industry Insights
Read More
Roro Ships Transform Oversized Cargo Shipping Globally

Roro Ships Transform Oversized Cargo Shipping Globally

Ro-Ro (Roll-on/Roll-off) ships are specialized vessels designed for loading and unloading cargo directly via vehicles. They offer advantages such as versatility, high loading/unloading efficiency, and adaptability, making them suitable for vehicles, large equipment, and project logistics. Despite limitations like lower cargo space utilization and higher construction costs, Ro-Ro ships remain an indispensable and significant component of international maritime transport. They play a vital role in facilitating the efficient movement of various types of cargo across the globe.

09/29/2025 Logistics Encyclopedia
Read More
Korla Airport Emerges As Key Silk Road Aviation Hub

Korla Airport Emerges As Key Silk Road Aviation Hub

Korla Airport, the second largest airport in Xinjiang, plays a vital transportation hub role due to its strategic location and improving aviation services. This article delves into Korla Airport's strategic importance, development history, infrastructure construction, and route network. It showcases its strength and potential as a pearl on the Silk Road, and its future prospects as a regional aviation center. The airport's growth reflects the region's economic development and increasing connectivity, solidifying its position as a key gateway in Xinjiang.

09/26/2025 Airport Codes
Read More