Major Shipping Firms Raise Rates Threatening Global Trade Costs

Major Shipping Firms Raise Rates Threatening Global Trade Costs

Several shipping companies have announced freight rate increases in late June, affecting routes to Europe, the Mediterranean, Africa, and South America. Companies like MSC, Maersk, Hapag-Lloyd, and CMA CGM are adjusting FAK rates and adding PSS surcharges. Businesses should plan ahead, optimize inventory, explore alternative solutions, and negotiate with customers to mitigate the impact of rising costs. This proactive approach is crucial for navigating the challenges posed by these freight rate adjustments and minimizing disruptions to the supply chain.

06/06/2025 Logistics
Read More
WCO Launches Online Course for Customs Change Management

WCO Launches Online Course for Customs Change Management

The World Customs Organization (WCO) has launched an online Change Management course to equip customs professionals with the skills to navigate the evolving international trade landscape. The course covers change management concepts, stakeholder engagement, tools and processes, and resistance management, emphasizing a blend of theory and practice. It is available on the CLiKC! platform and is accessible free of charge to WCO members. The course aims to improve customs administrations' ability to adapt to new challenges and implement effective trade facilitation measures.

01/05/2026 Customs Knowledge
Read More
Egypt Modernizes Customs with US Aid to Boost Trade Efficiency

Egypt Modernizes Customs with US Aid to Boost Trade Efficiency

The Commercial Law Development Program (CLDP) supported a valuation workshop for Egyptian Customs, aiming to enhance the expertise of Egyptian customs officials in areas such as the WTO Valuation Agreement, price adjustments, and advance ruling systems. Through case studies and direct engagement with challenges, the workshop contributes to trade facilitation in Egypt and fosters a more fair and transparent trading environment for businesses. The training focused on practical application and problem solving to improve efficiency and compliance within the Egyptian customs system.

01/05/2026 Customs Knowledge
Read More
Asiapacific Customs Training Boosts Regional Cooperation

Asiapacific Customs Training Boosts Regional Cooperation

Customs training managers from the Asia-Pacific region gathered to discuss enhancing the professionalism and capabilities of regional customs personnel through strategic collaboration, competency models, and closed-loop training. The meeting emphasized the importance of innovative learning and technology empowerment. Participants proposed compiling a “Compendium of Good Practices” to promote regional cooperation and build a mutually beneficial “Customs Training Community.” The discussions centered on fostering a collaborative environment for knowledge sharing and developing effective training programs to address evolving customs challenges.

01/05/2026 Customs Knowledge
Read More
Turkey Boosts Trade Ties to Spur Postpandemic Recovery

Turkey Boosts Trade Ties to Spur Postpandemic Recovery

Turkey hosted its first International Customs Trade Conference, where the Secretary-General of the World Customs Organization emphasized Turkey's importance as a global supply chain hub. He called for strengthened customs and trade cooperation to facilitate post-pandemic economic recovery. Turkey is committed to customs modernization and enhanced international collaboration to address global trade challenges and promote economic development. The conference highlighted the need for streamlined processes and innovative solutions to ensure efficient and secure trade flows in a rapidly changing global landscape.

01/05/2026 Customs Knowledge
Read More
Airlines Seek Tax Relief Amid Rising Financial Pressures

Airlines Seek Tax Relief Amid Rising Financial Pressures

Faced with various unreasonable taxes imposed on the aviation industry, the International Air Transport Association (IATA) is committed to promoting fair tax policies. IATA offers professional tax planning and compliance training courses to help airlines reduce tax costs and improve profitability. IATA Consulting provides comprehensive tax consulting services, assisting companies in optimizing their tax structures and addressing tax challenges. The aim is to alleviate the burden of unfair taxation and enable airlines to operate more efficiently and profitably within a compliant framework.

01/05/2026 Logistics Industry Insights
Read More
Customs Agencies Boost Efficiency Through Talent Management Strategies

Customs Agencies Boost Efficiency Through Talent Management Strategies

This guide aims to assist customs departments in establishing a competency-based human resource management system to enhance organizational effectiveness. It elaborates on the importance of human resource management, provides a roadmap for developing practical tools, and outlines methods for integrating competency orientation into various processes. Divided into three parts, the guide seeks to enable customs departments to build an exceptional team capable of addressing challenges and seizing opportunities. The ultimate goal is to foster a high-performing workforce within customs administrations.

01/05/2026 Customs Knowledge
Read More
Global Trade Faces Rising Risks of Cargo Loss Customs Delays

Global Trade Faces Rising Risks of Cargo Loss Customs Delays

International freight forwarders face the dual challenges of cargo loss and customs clearance delays. This paper analyzes the causes of these two risks and proposes corresponding strategies, including establishing a sound risk prevention system, ensuring the accuracy of declaration documents, and fully understanding the laws and regulations of the destination country. The aim is to help international freight forwarding companies effectively reduce risks and ensure smooth cargo transportation. The strategies provided can help mitigate potential issues and streamline the international shipping process.

01/05/2026 Logistics Encyclopedia
Read More
Datadriven Strategies Boost Resilience in Global Trade Turbulence

Datadriven Strategies Boost Resilience in Global Trade Turbulence

Scenario planning is a crucial tool for navigating uncertainties in global trade. By identifying driving forces, constructing plausible scenarios, and developing corresponding strategies, businesses can significantly enhance their trade resilience. This proactive approach allows companies to anticipate potential disruptions, adapt to changing market conditions, and ultimately maintain a competitive edge in the face of global trade volatility. Data-driven insights are essential for informing both scenario development and strategic decision-making, ensuring a more robust and adaptable response to future challenges.

01/05/2026 Logistics Industry Insights
Read More
Winter Coat Shipping Best Packaging Practices

Winter Coat Shipping Best Packaging Practices

This article focuses on the packaging challenges of sending coats during winter. It analyzes the advantages of using rigid cardboard boxes and provides a detailed operational guide, including box selection, bottom protection, coat folding, surrounding filling, top covering, box sealing, and label reminders. This helps you easily solve the concerns of winter clothing delivery. It also explores diverse packaging material options, balancing practicality and environmental protection, ensuring your coats arrive safely and securely at their destination despite the cold weather conditions.

01/05/2026 Logistics Encyclopedia
Read More