Customs Valuation of Software Carriers Analyzed in DECISION 41 Study

Customs Valuation of Software Carriers Analyzed in DECISION 41 Study

This article interprets the Customs Valuation Committee DECISION 4.1 resolution, addressing the valuation challenges of software carriers. It elaborates on two valuation methods, special circumstances considerations, and corresponding corporate strategies. The aim is to provide clarity and guidance on how to properly value software carriers for customs purposes, ensuring compliance and minimizing potential disputes in international trade. The article offers practical insights for businesses involved in the import and export of software-related products.

02/02/2026 Customs Knowledge
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Supply Chain Conference Spotlights Tech Advancements Strategic Shifts

Supply Chain Conference Spotlights Tech Advancements Strategic Shifts

The 2025 Next-Gen Supply Chain Conference brought together over 200 industry leaders, focusing on cutting-edge areas such as artificial intelligence, robotics, automation, digital twins, resilient supply chains, and sustainability. Through keynote speeches, case studies, and high-level networking, the conference explored how technological innovation and strategic upgrades drive supply chain transformation and enhance corporate competitiveness. Discussions centered on leveraging these advancements to build more agile, efficient, and sustainable supply chains for the future.

02/04/2026 Logistics Industry Insights
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US Tax Reform Poses Challenges for Transportation Infrastructure

US Tax Reform Poses Challenges for Transportation Infrastructure

The US tax reform, by lowering corporate tax burdens, presents opportunities for the transportation industry. However, lagging infrastructure development poses a significant bottleneck. This article analyzes the impact of the tax reform on the sector, explores the funding challenges for infrastructure construction, and forecasts future development trends. Seizing the opportunities brought by the tax reform, promoting infrastructure development, and innovating financing models are crucial for the sustainable growth of the transportation industry.

02/04/2026 Logistics Industry Insights
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New HS 2028 Codes Target Global Plastic Waste Trafficking

New HS 2028 Codes Target Global Plastic Waste Trafficking

HS 2028 revises customs codes to more accurately identify and classify plastic waste, especially hazardous waste, thereby strengthening the implementation of the Basel Convention. This new coding system aims to improve customs regulatory efficiency, standardize corporate compliance, and ultimately curb the illegal transboundary movement of plastic waste, protecting the global environment. The revised codes facilitate better tracking and control of plastic waste shipments, ensuring environmentally sound management and preventing illegal dumping in developing countries.

02/05/2026 HS Code Query
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New Customs Rules Simplify Trade Compliance for Businesses

New Customs Rules Simplify Trade Compliance for Businesses

To standardize customs declaration practices, the General Administration of Customs and the China Customs Brokers Association will promote a standardized paper format for the Power of Attorney for Customs Declaration. The new regulations emphasize the 'reasonable review' obligation of customs brokers and standardize customs declaration form filling, aiming to improve customs clearance efficiency, reduce corporate risks, and protect the legitimate rights and interests of enterprises. Companies should understand the new regulations in advance and prepare for compliance.

09/26/2025 Customs Knowledge
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US Freight Decline Points to Economic Slowdown

US Freight Decline Points to Economic Slowdown

The Cass Freight Index indicates a decline in both U.S. freight volumes and expenditures in August, signaling a potential economic slowdown. Freight volumes decreased by 9.3% year-over-year and 1.5% month-over-month. Freight expenditures fell by 0.4% year-over-year and 2.8% month-over-month. This data reflects weakening consumer demand and corporate inventory adjustments, raising concerns about future economic trends. The index serves as a warning sign, suggesting a possible deceleration in economic activity.

11/03/2025 Logistics
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Logistics Firms Adapt Supply Chains for Future Growth

Logistics Firms Adapt Supply Chains for Future Growth

Global supply chain reshaping presents both opportunities and challenges for logistics companies. Businesses need to adapt to trends like reshoring, nearshoring, and friendshoring, enhancing multimodal transport and air freight capabilities, and flexibly adjusting their strategies. Logistics is a key factor in corporate location decisions. Technological innovation, service expansion, deepened cooperation, and a focus on sustainable development are crucial for success. Industry leaders are already actively implementing these changes. Embracing transformation is essential to winning in the future.

11/03/2025 Logistics Industry Insights
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Logistics Industry Electrification Commanding the Energy Revolution of the Future

Logistics Industry Electrification Commanding the Energy Revolution of the Future

The logistics sector is rapidly electrifying, with electric truck sales increasing by 35%. The drive towards electrification is fueled by policy support, cost reductions, and corporate emissions targets, but insufficient charging infrastructure remains a significant barrier. China is leading the electric truck market, while Europe is also seeing a surge in sales. New regulations in the US and EU will support electrification efforts, but strategic planning for charging solutions in long-haul transport is still needed.

07/23/2025 Logistics Industry Insights
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Baiyun Tech Standardizes Payment Accounts for Enhanced Security

Baiyun Tech Standardizes Payment Accounts for Enhanced Security

BestRun Tech has issued an important notice specifying designated receiving account information, emphasizing the invalidity of unauthorized receipts, and standardizing payer requirements. A notification mechanism for account changes has been established to ensure customer fund security, regulate financial transaction processes, and improve service efficiency and quality. Customers should make payments through the designated corporate account to avoid third-party payments and pay attention to official account change notifications. This aims to protect customer assets and ensure compliant financial operations.

01/05/2026 Logistics
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IATA Launches SMS Certification to Enhance Ground Safety

IATA Launches SMS Certification to Enhance Ground Safety

The IATA Ground Operations Safety Management System (SMS) Certification course aims to equip Ground Service Provider (GSP) managers with the knowledge of risk management, accident prevention, and operational efficiency improvement. The course covers SMS framework, risk management principles, human factors, and safety performance monitoring. Delivered by IATA-certified instructors, it aims to enhance corporate competitiveness and gain customer trust. This certification helps GSPs implement robust safety management systems, leading to safer and more efficient ground operations.

01/05/2026 Logistics Encyclopedia
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