Nicaragua Launches AEO Trade Security Pilot with NORAD Support

Nicaragua Launches AEO Trade Security Pilot with NORAD Support

With support from the Norwegian Agency for Development Cooperation (NORAD) and the World Customs Organization (WCO), Nicaraguan Customs launched an Authorized Economic Operator (AEO) pilot program. This initiative aims to optimize customs procedures and enhance trade security and efficiency through capacity building and Time Release Study (TRS). The program seeks to streamline the flow of goods, reduce release times, and contribute to Nicaragua's economic development by fostering a more secure and efficient trading environment. Ultimately, the AEO program is expected to boost international trade and investment.

WCO Seminar Focuses on Streamlining Crossborder Rail Freight

WCO Seminar Focuses on Streamlining Crossborder Rail Freight

The World Customs Organization (WCO) successfully held the Asia-Pacific Railway Seminar, aiming to promote the implementation of the Railway Guidelines, simplify customs procedures for railway transportation, improve clearance efficiency, and reduce business costs. The seminar fostered communication and cooperation between customs authorities, railway departments, and international organizations from various countries, injecting new impetus into the development of cross-border railway freight in the Asia-Pacific region. The event highlighted the importance of streamlined processes and collaboration for efficient and cost-effective railway transport.

Guide to Shipping Shoes Safely to the Netherlands

Guide to Shipping Shoes Safely to the Netherlands

This guide provides a comprehensive overview of shipping shoes to the Netherlands, covering essential aspects such as packaging tips, shipping cost comparisons, customs declarations, and customs clearance duties. It aims to help you safely and efficiently deliver your footwear to its destination, avoiding unnecessary complications and expenses. Learn how to properly prepare your shipment, understand Dutch customs regulations, and choose the most cost-effective shipping options to ensure a smooth and hassle-free delivery process. This guide is your key to successful shoe shipping to the Netherlands.

Serbia Enhances Trade Via WCO Mercator Program

Serbia Enhances Trade Via WCO Mercator Program

The World Customs Organization (WCO) successfully completed a Mercator Program assessment of Serbian Customs, marking significant progress in trade facilitation for Serbia. The assessment aimed to understand Serbia's current compliance with the WTO's Trade Facilitation Agreement and develop a tailored action plan. The WCO will provide technical assistance through the PMFE to help Serbia improve its trade facilitation level and promote economic growth. This initiative will support Serbia in streamlining customs procedures and reducing trade costs, ultimately boosting its competitiveness in the global market.

Azerbaijan Expands AEO Program to Facilitate Silk Road Trade

Azerbaijan Expands AEO Program to Facilitate Silk Road Trade

The World Customs Organization (WCO) is supporting Azerbaijan Customs in accelerating its Authorized Economic Operator (AEO) program, aiming to enhance supply chain security and improve trade efficiency. Through capacity-building workshops and the development of Mutual Recognition Agreements (MRAs), Azerbaijan is poised to better leverage its strategic geographic location as a key node on the 'Silk Road' to foster economic development. This initiative seeks to streamline customs procedures and promote a more secure and efficient trading environment for businesses operating in and through Azerbaijan.

Revised Kyoto Convention Hits 113 Members Boosts Global Trade

Revised Kyoto Convention Hits 113 Members Boosts Global Trade

The Revised Kyoto Convention (RKC) now has 113 contracting parties, with the Republic of Congo being the latest addition. This convention, recognized as the blueprint for modern customs by the international customs community, aims to simplify and harmonize customs procedures, thereby facilitating global trade. It emphasizes the application of information technology, risk management, enhanced cooperation with the trade community, and the establishment of accessible appeal systems. The WCO encourages more members to join and implement the convention's provisions to build a more competitive global economy.

Statistics Analysis of Internet Cargo Transportation Information Submission in the First Half of 2024

Statistics Analysis of Internet Cargo Transportation Information Submission in the First Half of 2024

By the end of June 2024, a total of 3,286 internet freight companies in the country uploaded 80.877 million waybills, representing a year-on-year increase of 52.8%. The top three provinces in waybill upload volume are Anhui, Tianjin, and Jiangsu. Compliance assessments indicate that Henan, Hubei, and Shandong performed well, while some provinces and cities still showed deficiencies in data reporting.

08/27/2024 Logistics
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Iatas Marketis Enhances Air Travel Data for Global Strategy

Iatas Marketis Enhances Air Travel Data for Global Strategy

MarketIS, a professional data solution by IATA, helps businesses and organizations understand the dynamics of the global air passenger market. Combining actual ticketing data with internal modeling systems, it provides high-quality, comprehensive market estimations. MarketIS supports flexible and customizable reporting, widely used in consulting, healthcare, government, tourism, and other industries. It empowers users to make informed and precise decisions.

Yang Ming Marine Posts Strong Q1 Earnings Despite Global Challenges

Yang Ming Marine Posts Strong Q1 Earnings Despite Global Challenges

Yang Ming Marine Transport announced its Q1 2025 financial results, reporting revenue of $1.39 billion and net profit of $290 million. Facing the challenges of global economic downturn and slowing container demand growth, Yang Ming will continue to optimize its service network, flexibly deploy its fleet, and advance its fleet and container renewal plans to enhance operational capabilities and respond to market changes.

12/30/2025 Logistics
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Nigerias Ecommerce Expands with Crossborder Growth

Nigerias Ecommerce Expands with Crossborder Growth

Nigeria's e-commerce market holds immense potential, with Jumia reporting strong performance and boasting the largest user base in Africa. However, infrastructural limitations and lack of trust remain significant challenges. The influx of Chinese sellers introduces opportunities but also presents risks related to payment systems, logistics, and regulatory policies. The market presents a mix of opportunities and challenges, demanding careful evaluation before entry.