Namibia Enhances Trade Efficiency with Zambias ASYCUDA Expertise

Namibia Enhances Trade Efficiency with Zambias ASYCUDA Expertise

The Namibian Revenue Agency (NamRA) benchmarked the ASYCUDA World system at the Zambia Revenue Authority (ZRA), learning best practices in electronic payments and valuation control. This aims to enhance NamRA's automation, effectively implement the WTO Trade Facilitation Agreement, and promote trade development. This collaboration exemplifies South-South cooperation and highlights the WCO's role in advancing global trade facilitation. NamRA seeks to improve its customs processes by adopting ZRA's successful strategies, ultimately contributing to increased efficiency and reduced trade costs.

01/22/2026 Customs Knowledge
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Flatbed Trucking Market Faces Growth and Challenges

Flatbed Trucking Market Faces Growth and Challenges

The flatbed transportation market is experiencing fluctuations in volume and rates, with accelerated industry consolidation. Companies need to refine operations, offer differentiated services, leverage technology, and pay attention to policy changes and risk management. Looking ahead, ports need to adapt to new trade patterns, freight payments will become intelligent, tariff policies will impact importers, and Transportation Management Systems (TMS) will undergo technological evolution. Focusing on these key areas will be crucial for success in the evolving flatbed transportation landscape.

01/19/2026 Logistics Industry Insights
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Three US Rail Unions Reach Tentative Labor Deal

Three US Rail Unions Reach Tentative Labor Deal

Three major US railway unions have reached a tentative labor agreement with freight rail companies, offering hope to avert a potential nationwide railroad strike on September 16th. The agreement includes wage increases and lump-sum payments. However, the final agreement still faces challenges, and all parties need to continue working to ensure the stability of the US economy. This averted strike would have had significant impacts on supply chains and the transportation of goods across the country.

01/28/2026 Logistics
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UK Importers Gain Cash Flow Boost Through VAT Deferral

UK Importers Gain Cash Flow Boost Through VAT Deferral

The UK's Postponed VAT Accounting (PVA) allows businesses to defer import VAT payments, easing cash flow pressures. Companies are not required to pay VAT at customs clearance, simplifying the refund process and improving capital efficiency. It's important to note that PVA only defers VAT; duties and other taxes still need to be paid. Businesses should download their VAT statements promptly. PVA offers a significant advantage for businesses involved in importing goods, enabling better financial planning and resource allocation.

02/03/2026 Customs Knowledge
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US Rail Labor Deal Reached Strike Averted

US Rail Labor Deal Reached Strike Averted

Significant progress has been made in US railroad labor negotiations, with multiple unions reaching tentative agreements with railway companies, reducing the risk of rail service disruptions after the September 16th 'cooling-off' period. The Presidential Emergency Board's (PEB) recommendations provided a framework for negotiations, including wage increases and lump-sum payments. Reaching a final agreement is crucial for the stability of the US economy, averting potential supply chain issues and economic fallout from a nationwide rail shutdown.

02/04/2026 Logistics
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Banco Central De Sao Tome E Principe SWIFT Code Eases Global Transfers

Banco Central De Sao Tome E Principe SWIFT Code Eases Global Transfers

This article provides a detailed explanation of the SWIFT code (CSTPSTSTXXX) for the Central Bank of Sao Tome and Principe. It clarifies its function, use cases, and how to locate the SWIFT code for specific branches. Furthermore, it addresses frequently asked questions, such as the consequences of using an incorrect SWIFT code and the possibility of receiving international payments without a SWIFT code. The aim is to assist readers in successfully completing international money transfers involving Sao Tome and Principe.

09/03/2025 International Settlement
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Standard Chartered Hong Kong Simplifies SWIFT Transfers

Standard Chartered Hong Kong Simplifies SWIFT Transfers

This article provides a comprehensive guide to Standard Chartered Bank Hong Kong's SWIFT codes, including the primary code SCBLHKHHXXX, branch code examples, and usage notes. It aims to help users accurately conduct international money transfers, avoiding delays or failures caused by incorrect codes, and ensuring funds reach the recipient's account safely and quickly. The guide clarifies the structure of SWIFT codes and highlights the importance of using the correct code for specific branches to ensure efficient processing of international payments.

09/03/2025 International Settlement
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Guide to Unicaja Banco SWIFT Codes for Spain Transfers

Guide to Unicaja Banco SWIFT Codes for Spain Transfers

This article provides a detailed explanation of how to use Unicaja Bank's SWIFT code in Spain. It emphasizes the importance of accurate SWIFT code usage and offers practical tips to avoid remittance delays. Through case studies and FAQs, the article helps readers better understand and apply SWIFT codes, ensuring smooth international money transfers. It highlights common pitfalls and provides solutions for ensuring the correct SWIFT code is used for Unicaja Bank transactions, leading to faster and more reliable international payments.

09/02/2025 International Settlement
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Evocabank Armenia Simplifies SWIFT Codes for Global Transfers

Evocabank Armenia Simplifies SWIFT Codes for Global Transfers

This guide provides information on using the Evocabank Armenia SWIFT code, emphasizing the importance of the code PRMLAM22XXX for international money transfers. It highlights how to avoid errors and ensure funds arrive safely and efficiently. The guide also offers resources for finding the correct SWIFT code and provides additional tips for successful international money transfers through Evocabank. Using the correct SWIFT code is crucial for routing international payments to the correct bank and account, preventing delays and potential loss of funds.

09/01/2025 International Settlement
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Supervielle Bank Argentina Simplifies International Wire Transfers

Supervielle Bank Argentina Simplifies International Wire Transfers

This article provides a guide to using the SWIFT code for Banco Supervielle in Argentina, emphasizing the importance of verifying the code to avoid errors in international money transfers. The primary SWIFT code is BSUPARBAXXX, but it's recommended to confirm the specific branch code with the recipient or bank to ensure funds arrive accurately. The guide also reminds users to provide correct information when receiving international payments. Accurate SWIFT code verification is crucial for successful international transactions involving Banco Supervielle.

09/01/2025 International Settlement
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