Customs Valuation and Transfer Pricing Align for Multinationals

Customs Valuation and Transfer Pricing Align for Multinationals

The World Customs Organization (WCO) and the OECD jointly held a seminar in Pretoria, focusing on the nexus between customs valuation and transfer pricing. The conference promoted cooperation between tax and customs authorities, exploring the application of transfer pricing studies in customs valuation. It emphasized information sharing, aiming to build a fairer international trade environment. Discussions centered on how transfer pricing methodologies can inform customs valuation practices, ensuring accurate and equitable assessment of goods for duty purposes. The initiative seeks to enhance transparency and combat illicit financial flows related to trade.

12/30/2025 Customs Knowledge
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Burkina Faso Customs Modernizes HR to Enhance West African Trade

Burkina Faso Customs Modernizes HR to Enhance West African Trade

Burkina Faso Customs, with the support of the World Customs Organization (WCO), has officially adopted human resource tools such as a competency framework and job catalogue to enhance talent management and organizational effectiveness. This initiative, a key outcome of the West Africa Customs Administration Modernization (WACAM) project, will help Burkina Faso Customs achieve its organizational goals, facilitate trade, and promote economic development in the West African region. The implementation aims to modernize HR practices and build a skilled workforce capable of meeting the challenges of international trade and customs administration.

01/22/2026 Customs Knowledge
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Guidelines for Choosing an International Air Freight Forwarder in Beijing

Guidelines for Choosing an International Air Freight Forwarder in Beijing

This article explores the factors to consider when choosing an air freight forwarder in Beijing, emphasizing the balance between service quality and price. It suggests that customers analyze their own needs and pay attention to customs clearance efficiency and problem-solving capabilities to find the most suitable freight forwarder. Additionally, good communication and trust are fundamental to successful collaboration.

07/21/2025 Logistics
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GFC Warehouse Boosts Crossborder Ecommerce Logistics Efficiency

GFC Warehouse Boosts Crossborder Ecommerce Logistics Efficiency

GFC Warehouse serves as a global fulfillment center, providing one-stop logistics solutions for cross-border e-commerce. With a global warehousing network, optimized customs clearance processes, and real-time logistics information, it significantly enhances delivery efficiency, reduces operational costs, and improves customer satisfaction. This approach represents a key development direction for modern cross-border e-commerce.

08/05/2025 Logistics
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Streamlining Drayage Operations for Efficiency

Streamlining Drayage Operations for Efficiency

This article, from the perspective of a data analyst, provides a detailed analysis of the fleet's import unpacking operation process. It covers six key aspects: pre-operation preparation, customs clearance scheduling, unpacking operation, daily operation, exception handling, and customer relationship maintenance. The aim is to help fleets optimize their processes, improve efficiency, reduce costs, and achieve lean operations.

08/23/2025 Logistics Encyclopedia
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Shanghais Yangshan Port Enhances Inbound Container Efficiency

Shanghais Yangshan Port Enhances Inbound Container Efficiency

Freight forwarder Yayong shares his experience in inland container stuffing for ocean freight. He covers key aspects such as port entry after customs clearance, bill of lading inquiry, MOL's reefer-to-dry container process, APL bill of lading stamps, OOCL container pick-up, and port area scheduling. This provides a practical reference for professionals in the freight forwarding industry.

08/22/2025 Logistics Encyclopedia
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Guide to Air Cargo Operations at Cozumel International Airport

Guide to Air Cargo Operations at Cozumel International Airport

This article provides detailed information about Cozumel International Airport (CZM) in Mexico, including its airport codes, geographical location, and customs clearance requirements. It highlights the three-letter code query system offered by West Coast Forwarding Network, which assists users in efficiently conducting air freight operations. This system provides global airport information lookup, air freight tracking, and shipping company inquiries.

09/29/2025 Airport Codes
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Coll Island Airport Expands Air Freight Operations

Coll Island Airport Expands Air Freight Operations

This article, from the perspective of a data analyst, provides an in-depth analysis of air freight data related to Coll Airport (COL). It covers airport overview, customs clearance requirements, and labeling requirements. Furthermore, it offers practical tool recommendations and suggestions for future development. The aim is to provide air freight professionals with a comprehensive and professional reference.

09/29/2025 Airport Codes
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Bikaner Airport Serves Key Civilmilitary Role in Rajasthan

Bikaner Airport Serves Key Civilmilitary Role in Rajasthan

Bikaner Airport (BKB) is a joint military and civil airport located in Bikaner, Rajasthan, India. It primarily operates domestic routes, providing basic passenger and air cargo services. As a non-customs airport, international cargo requires clearance through other ports. In the future, the airport is expected to promote local economic development through facility upgrades and route expansion.

09/29/2025 Airport Codes
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Navigating Fluctuating Tariffs: Strategies and Challenges for Cross-border E-commerce Sellers

Navigating Fluctuating Tariffs: Strategies and Challenges for Cross-border E-commerce Sellers

The frequent changes in the US tariff policy pose numerous challenges for cross-border e-commerce. Sellers need to optimize their logistics strategies by adopting an 'overseas warehouse + local fulfillment' model to enhance logistics efficiency and reduce costs. Additionally, rising compliance requirements compel sellers to improve the accuracy of their declaration information to mitigate customs clearance risks.

06/25/2025 Logistics
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