Bosnia Boosts Customs Efficiency with Audit Upgrades

Bosnia Boosts Customs Efficiency with Audit Upgrades

The World Customs Organization (WCO) supports Bosnia and Herzegovina in enhancing its Post Clearance Audit (PCA) capabilities. Through workshops, Bosnian customs officials learned PCA concepts, systematic audit methodologies, and data analysis techniques. This initiative aims to improve Bosnian customs' compliance oversight, optimize the trade environment, promote economic development, and create new opportunities for the intelligent and digital development of post-clearance audits. The training will help ensure accurate revenue collection and facilitate legitimate trade flows.

01/07/2026 Customs Knowledge
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Fedex Pays 228M to Settle Contractor Misclassification Claims

Fedex Pays 228M to Settle Contractor Misclassification Claims

FedEx's $228 million settlement over independent contractor classification highlights the legal risks inherent in this business model. Companies should conduct compliance audits, re-evaluate worker classifications, strengthen contract management, and consider alternative models to navigate an increasingly stringent regulatory environment and ensure long-term sustainability. This case underscores the potential for costly labor disputes and the need for proactive measures to mitigate compliance risks associated with independent contractor arrangements.

01/15/2026 Logistics Industry Insights
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Fedex Pays 228M in Gig Worker Misclassification Settlement

Fedex Pays 228M in Gig Worker Misclassification Settlement

FedEx paid $228 million to settle a case for misclassifying employees as independent contractors. This case highlights the legal and reputational risks associated with the independent contractor model and the importance of compliance operations. Companies should strengthen compliance management to ensure business activities comply with laws and regulations, achieving sustainable development. Proper classification of workers is crucial to avoid penalties and maintain ethical business practices. Ignoring compliance can lead to significant financial and legal repercussions.

01/01/2026 Logistics Industry Insights
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Logistics Firms Adopt New Strategies Amid Supply Chain Disruptions

Logistics Firms Adopt New Strategies Amid Supply Chain Disruptions

The logistics industry faces challenges from volatility, policy shifts, and demand mismatches. Companies need to respond through refined demand forecasting, building resilient supply chains, technological innovation, and paying attention to policy risks. Only in this way can they move forward steadily in a turbulent market environment and gain a competitive advantage. This requires proactive adaptation and strategic planning to navigate uncertainties and ensure operational efficiency and profitability.

01/15/2026 Logistics Industry Insights
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Supply Chain Firms Prioritize Resilience for 2026

Supply Chain Firms Prioritize Resilience for 2026

Supply chain leaders must prepare for 2026 in the face of rising costs, labor shortages, and shifting trade environments. This article proposes six key steps to help businesses build more competitive, efficient, and sustainable supply chains: accelerate digital transformation, diversify sourcing, enhance resilience, upskill the workforce, practice sustainability, and strengthen data security. By focusing on these areas, companies can navigate future challenges and build robust supply chains capable of adapting to evolving market dynamics and mitigating potential disruptions.

01/15/2026 Logistics Industry Insights
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Shipping Firms Urged to Avoid Costly VGM Compliance Errors

Shipping Firms Urged to Avoid Costly VGM Compliance Errors

VGM declaration errors can trigger compliance, economic, and safety risks. This article delves into the potential risks of VGM declaration inaccuracies, including cargo rejection, fines, supply chain delays, and legal liabilities. It can even jeopardize the safety of ships and terminals. Practical recommendations are provided to help you avoid unnecessary losses and ensure accurate VGM submissions, thus mitigating potential hazards and maintaining regulatory compliance within the maritime supply chain.

01/15/2026 Logistics Encyclopedia
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Top 10 HTS Code Mistakes Importers Should Avoid

Top 10 HTS Code Mistakes Importers Should Avoid

Top 10 HTS coding errors commonly made by importers and recommendations for avoidance. It emphasizes the importance of accurate coding, highlighting the need to pay attention to ingredients, functions, and forms, avoiding subjective assumptions. It suggests understanding the rules, conducting regular reviews, and seeking professional assistance to ensure compliance and mitigate tariff risks. Accurate HTS classification is crucial for import compliance and avoiding penalties.

01/15/2026 Customs Knowledge
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Guide to Mitigating Risks in Proprietary Trading Firms

Guide to Mitigating Risks in Proprietary Trading Firms

This article highlights two major non-market risks in Prop Firm trading: platform malfunctions and sudden rule changes. It provides a due diligence checklist for traders before joining a Prop Firm, including technical, rule, and incentive checks. Furthermore, it guides traders on how to respond to platform outages or rule alterations. The aim is to help traders select reliable Prop Firms and avoid unnecessary losses by proactively assessing and mitigating these often-overlooked risks inherent in proprietary trading environments.

01/15/2026 Logistics Industry Insights
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Augusta Airport Enhances Runway Safety Measures

Augusta Airport Enhances Runway Safety Measures

This article provides an in-depth analysis of the runway safety directives issued by Augusta Airport (AGS), examining the operational risks behind them and offering professional advice to pilots to ensure flight safety. It emphasizes the importance of mandatory readbacks of runway holding instructions and vigilance regarding runway crossing clearances. The article proposes safety recommendations, including strengthening pre-flight preparation, strictly adhering to instructions, and maintaining heightened situational awareness. By understanding and implementing these measures, pilots can mitigate potential risks and contribute to a safer flying environment at AGS.

01/15/2026 Airport Codes
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