US Manufacturing Confidence Hits Low Amid Economic Concerns

US Manufacturing Confidence Hits Low Amid Economic Concerns

A Grant Thornton LLP study reveals a sharp decline in U.S. manufacturers' confidence in the economic outlook, with only 13% expecting improvement in the next six months. This downturn is attributed to a combination of factors, including the looming threat of recession, policy uncertainty, labor shortages, and ongoing supply chain restructuring. To navigate these challenges, businesses need to diversify markets, improve efficiency, drive innovation, strengthen talent development, and enhance risk management strategies. These actions are crucial for manufacturers to remain competitive and resilient in the face of economic headwinds.

02/05/2026 Logistics Industry Insights
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WCO Unveils New Strategy for Sustainable Customs Development

WCO Unveils New Strategy for Sustainable Customs Development

The World Customs Organization (WCO)'s new capacity building paradigm aims for sustainable improvement and transformation through shared responsibility and results-orientation. It emphasizes precise needs identification, blended learning and support, and impact assessment. Addressing data challenges is crucial for building a sustainable capacity building ecosystem. This approach contributes to global trade facilitation and prosperity by ensuring that capacity building initiatives are effective, relevant, and lead to lasting positive change within customs administrations and the broader trade environment. The focus is on creating a self-sustaining system that supports continuous development.

02/05/2026 Customs Knowledge
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UAE Customs Adopts Wcobacked Training System

UAE Customs Adopts Wcobacked Training System

At the invitation of the UAE's Federal Customs Authority (FCA), the World Customs Organization (WCO) assisted in harmonizing the recruitment and training standards for Customs inspectors nationwide. Through diagnostic assessments, the WCO provided systematic improvement recommendations, covering unified recruitment criteria, optimized training systems, and strengthened qualification certifications. The aim is to enhance the professionalism of the UAE Customs workforce and promote international trade facilitation. This initiative focuses on building capacity and ensuring consistent application of Customs procedures across the country, ultimately contributing to more efficient and secure trade flows.

02/06/2026 Customs Knowledge
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ASEAN Trade Expands with RMB Settlement for Export Rebates

ASEAN Trade Expands with RMB Settlement for Export Rebates

This paper interprets the RMB settlement export tax rebate policy, focusing on its application in ASEAN trade. Companies trading with countries that have signed RMB trade circulation agreements can apply for tax rebates if the contract and payment are in RMB and an RMB account is opened. Businesses should closely monitor policy updates and strengthen cooperation with financial institutions to fully utilize the convenience of RMB settlement. This facilitates smoother trade transactions and potentially reduces exchange rate risks within the ASEAN region.

08/22/2025 International Settlement
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BSI Clarifies SWIFT Codes for Secure Global Transfers

BSI Clarifies SWIFT Codes for Secure Global Transfers

This article provides a detailed explanation of Bank Syariah Indonesia (BSI)'s SWIFT code system and offers a guide for cross-border remittances. It highlights potential risks such as incorrect information, scams, and exchange rate fluctuations. The aim is to help readers safely and efficiently conduct cross-border transfers to BSI, while emphasizing the importance of risk prevention. The guide provides practical advice for navigating the complexities of international money transfers and ensuring a secure and successful transaction with BSI.

09/01/2025 International Settlement
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Evergreen Air Adjusts Shenzhendetroit Freight Rates Amid Market Shifts

Evergreen Air Adjusts Shenzhendetroit Freight Rates Amid Market Shifts

This article provides a detailed analysis of air freight from Shenzhen to Detroit, focusing on EVA Air's pricing. It covers rate classifications, flight information, and potential hidden costs, offering advice on selecting the best air freight solution. Furthermore, it compiles air freight rates for other routes for reference, aiming to help you make informed decisions and avoid common pitfalls in air freight. This guide empowers you to understand the complexities and choose the most suitable option for your shipping needs.

09/29/2025 Logistics
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China Airlines Adjusts Shenzhenkaohsiung Air Freight Rates Schedules

China Airlines Adjusts Shenzhenkaohsiung Air Freight Rates Schedules

This article provides a detailed overview of key information for air freight from Shenzhen to Kaohsiung, including China Airlines (CI) freight rate references, flight schedules, cost components, and important considerations. It emphasizes the volatility of freight rates, advising confirmation with customer service before booking. It also explains important matters such as dangerous goods restrictions, amendment fees, and packaging requirements. The aim is to help readers better understand the details of air freight from Shenzhen to Kaohsiung and successfully complete their air cargo operations.

09/29/2025 Logistics
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Global Ecommerce Faces Delays Due to Express Customs Hurdles

Global Ecommerce Faces Delays Due to Express Customs Hurdles

The customs clearance capability of international express delivery directly impacts the shipping efficiency of cross-border e-commerce. Key factors include clearance speed, customs inspection rate, ability to handle unexpected issues, and the degree of customs clearance process optimization. Choosing an express company with strong clearance capabilities ensures swift passage of goods, boosting customer satisfaction. Cross-border e-commerce sellers should comprehensively evaluate an express company's clearance experience, team strength, process efficiency, and problem-solving abilities to select the most suitable partner.

11/03/2025 Customs Knowledge
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Current Status and Trend Analysis of Air Freight Prices in Zhengzhou

Current Status and Trend Analysis of Air Freight Prices in Zhengzhou

The air freight prices in Zhengzhou will take effect on July 16, 2025, with a rate of 145 yuan/kg for general cargo to multiple destinations. The costs vary based on weight, with a minimum charge of 31 yuan/kg and a maximum reduction to 28 yuan/kg. Air freight prices may fluctuate due to changing market demands. To ensure the smooth transport of goods, customers should confirm specific pricing with customer service in advance to make informed logistics decisions.

07/22/2025 Logistics
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Understanding Freight Rates and Charges in the Maritime Industry

Understanding Freight Rates and Charges in the Maritime Industry

This article discusses the meanings of freight rates and transport costs and their relationship. The freight rate is the price charged by carriers for transportation services, impacting the supply-demand balance in the shipping market. In contrast, transport cost is the remuneration paid by users according to the transportation contract, linked by a multiplicative relationship. Understanding the fluctuations in freight rates and their effects on transport costs helps shipping companies and cargo owners manage costs and make better business decisions.

07/28/2025 Logistics Encyclopedia
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