USPS Cuts Losses As Package Growth Fuels Turnaround

USPS Cuts Losses As Package Growth Fuels Turnaround

The United States Postal Service (USPS) released its latest financial report, showing a narrowed loss with its package business as a growth engine. Despite facing challenges like inflation, regulation, and competition, USPS is striving for financial stability through internal reforms and efficiency improvements. Industry experts believe USPS is heading in the right direction, but execution is key. Moving forward, USPS needs to continue pushing reforms, expanding into new business areas, and collaborating with private companies to address opportunities and challenges and achieve sustainable development.

01/15/2026 Logistics
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Shipping Industry Adapts to SOLAS VGM Compliance Challenges

Shipping Industry Adapts to SOLAS VGM Compliance Challenges

The SOLAS (Safety of Life at Sea) regulation regarding Verified Gross Mass (VGM) of containers presents new challenges for the shipping industry. Based on an interview with the President of INTTRA, this paper explores key issues in VGM compliance and offers strategies for addressing them, including early preparation, IT system optimization, and partner selection. VGM compliance will enhance supply chain transparency, strengthen risk management, accelerate technological innovation, and promote the unification of industry standards. Successfully navigating VGM requirements is crucial for efficient and safe maritime operations.

01/19/2026 Logistics Industry Insights
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BNSF Railway Faces Dispute Over Coal Shipping Cost Reassessment

BNSF Railway Faces Dispute Over Coal Shipping Cost Reassessment

The Western Coal Transportation Coalition challenges BNSF Railway's URCS cost calculation, questioning whether asset revaluation is inflating freight rates. The core dispute centers on whether the net investment increase resulting from Berkshire Hathaway's acquisition of BNSF should be included in the URCS calculation. If BNSF successfully adjusts the URCS, it could raise freight rates, harming industries such as coal and agriculture. The STB's ruling will impact railway industry regulation and market competition. The coalition argues this revaluation unfairly increases costs passed on to shippers.

01/22/2026 Logistics
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Global Market Outlook for HS Code 29 Chemical Products

Global Market Outlook for HS Code 29 Chemical Products

This article provides a comprehensive analysis of chemicals related to the HS Code series 29, examining the market characteristics and export tax rebate policies for each product. It also explores market dynamics and corporate response strategies, emphasizing the importance of addressing expired products and the impact of environmental regulations on the industry. The aim is to help companies gain a competitive advantage in the international market.

08/05/2025 HS Code Query
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Alashankou Customs Reforms Boost Crossborder Trade Efficiency

Alashankou Customs Reforms Boost Crossborder Trade Efficiency

Alashankou Customs has significantly improved port clearance efficiency, reduced corporate operating costs, and promoted rapid growth in import and export trade by implementing customs clearance facilitation measures such as 'self-declaration and self-payment' and 'aggregate tax payment'. Data shows that the port's cargo volume and total value both achieved significant growth in January and February this year, demonstrating the remarkable effectiveness of customs clearance facilitation reforms.

09/26/2025 Logistics
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Trade War Uncertainty Spurs Global Supply Chain Adjustments

Trade War Uncertainty Spurs Global Supply Chain Adjustments

This paper delves into the tariff policies during the Trump administration, the impact of US government shutdowns, and the termination of the 'de minimis' rule. It analyzes the effects of these factors on corporate supply chains, cost structures, compliance, and operational strategies. Furthermore, it offers coping strategies, including utilizing bonded warehouses and free trade zones, to help companies navigate the complex international trade environment effectively and stably.

11/03/2025 Customs Knowledge
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WCO Releases Guide on Harmonized System Trade Compliance

WCO Releases Guide on Harmonized System Trade Compliance

The Compendium of Classification Opinions compiles authoritative rulings from the World Customs Organization Harmonized System Committee regarding complex commodity classifications. It holds the same weight as the Explanatory Notes to the Harmonized System, but focuses more on specific goods. This resource helps companies accurately classify products, reduce trade risks, and improve customs clearance efficiency. It is an essential tool for corporate compliance departments and trade professionals.

11/03/2025 HS Code Query
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Challenges And Strategies For Promoting Pallet Standardization How To Break Logistics Bottlenecks

Challenges And Strategies For Promoting Pallet Standardization How To Break Logistics Bottlenecks

This paper explores the significance of pallet standardization in the development of logistics in our country and the challenges it faces. Despite the potential for standardization to reduce logistics costs and enhance efficiency, current advancements are hindered by market conditions, insufficient corporate motivation, and outdated industry standards. The paper suggests strategies such as policy promotion and industry cooperation to facilitate the progress of pallet standardization.

07/23/2025 Logistics
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Fedex Overhauls Operations with Network 20 for Efficiency

Fedex Overhauls Operations with Network 20 for Efficiency

FedEx is accelerating its "Network 2.0" plan, aiming to integrate its Express and Ground operations. This initiative involves optimizing operational models, upgrading technology applications, and merging corporate cultures to create a more efficient and intelligent logistics network. The goal is to reduce costs, improve service levels, and gain a competitive edge in a fierce market. This move could have a profound impact on the entire logistics industry.

01/08/2026 Logistics
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Guide to Understanding VAT Invoices for Businesses

Guide to Understanding VAT Invoices for Businesses

This article provides a clear and comprehensive explanation of VAT Invoices, covering their concept, purpose, function, and types. They serve not only as proof of transactions between businesses and consumers but also as crucial documents for corporate tax filing, claiming input VAT credits, and contributing to national tax revenue. Understanding VAT Invoices is essential for businesses to ensure tax compliance and for consumers to protect their rights.

01/23/2026 Customs Knowledge
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