Fedex Boosts Profits Amid Strategic Overhaul

Fedex Boosts Profits Amid Strategic Overhaul

FedEx's latest earnings report reveals profitability growth achieved through cost control, efficiency improvements, diversification strategies, and e-commerce collaborations, including partnerships with companies like Amazon, despite a complex market environment. While facing challenges, FedEx remains focused on optimizing its core business and maintains a cautiously optimistic outlook. The company is actively adjusting its strategies to navigate future uncertainties and adapt to evolving market dynamics.

01/08/2026 Logistics
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South Africas SARS Boosts Female Leadership in Organizational Overhaul

South Africas SARS Boosts Female Leadership in Organizational Overhaul

The World Customs Organization (WCO) held an all-women leadership workshop in South Africa for the South African Revenue Service (SARS). The workshop aimed to enhance the leadership skills of female managers and promote institutional reform. Focusing on the challenges faced by SARS, the workshop covered topics such as strategic management and personnel management. Participants actively engaged and benefited greatly. Funded by the Finnish Ministry for Foreign Affairs, the event reflects the importance placed on women's leadership development and customs modernization. This initiative contributes to building a more inclusive and effective customs administration.

01/07/2026 Customs Knowledge
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Freight Forwarders Urged to Master Customs Clearance Deadlines

Freight Forwarders Urged to Master Customs Clearance Deadlines

The customs clearance cut-off time isn't a single, publicly available time. Multiple points exist, including the port cut-off time and the shipping company's internal cut-off time. Careful planning, confirmation with multiple parties, attention to inspection status, and experience accumulation are crucial to avoid missing the cut-off and minimizing unnecessary losses. It's essential to understand these nuances and proactively manage the customs clearance process to ensure smooth export operations and prevent costly delays.

08/22/2025 Customs Knowledge
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Freight Forwarders Key to Global Trade Growth

Freight Forwarders Key to Global Trade Growth

International freight forwarding is a crucial link in global trade, providing comprehensive services to shippers, carriers, and customs. Its work encompasses transportation planning, booking agency, customs clearance and inspection, document processing, and handling exceptions, ensuring the safe and efficient transportation of goods. This paper provides an in-depth analysis of the role, participants, and main responsibilities of international freight forwarders, revealing their important role in global trade. It highlights how they facilitate seamless movement of goods across borders.

09/26/2025 Logistics Encyclopedia
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Customs Boosted Supply Chains Trust During Pandemic

Customs Boosted Supply Chains Trust During Pandemic

The WCO has released crisis communication guidelines to assist customs administrations in responding to pandemic challenges. The guidelines emphasize clear objectives, teamwork, and proactive planning. Effective communication is crucial for maintaining public confidence, ensuring the smooth flow of essential goods, and fostering international cooperation. These guidelines provide a framework for customs organizations to manage information effectively during times of crisis, enabling them to adapt and respond efficiently while minimizing disruption to trade and protecting public health.

01/05/2026 Customs Knowledge
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Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Data from Qingdao Customs shows a significant improvement in customs clearance efficiency for foreign trade enterprises dealing with South Korea, with sea freight times reduced by 34.78% and air freight times increased by 71.43%. This progress is driven by policy benefits and technological innovation, particularly the AEO mutual recognition policy and the consolidated tax reform. Additionally, modern technologies such as the Internet of Things have greatly enhanced customs efficiency, significantly lowering business costs.

07/21/2025 Logistics
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Ethiopia Boosts Customs Efficiency with WCO Audit Program

Ethiopia Boosts Customs Efficiency with WCO Audit Program

A WCO assessment report highlights challenges faced by Ethiopia's Post Clearance Audit (PCA). Recommendations include strengthening legal frameworks, improving risk management practices, and enhancing IT infrastructure. These improvements aim to increase the efficiency of customs control and facilitate trade. Addressing these areas is crucial for Ethiopia to optimize its customs operations and contribute to regional and global trade competitiveness. Successful implementation will require sustained commitment and strategic resource allocation.

01/05/2026 Customs Knowledge
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WCO Promotes Trade Ease Via Publicprivate Partnerships at COMALEP

WCO Promotes Trade Ease Via Publicprivate Partnerships at COMALEP

The WCO participated in the COMALEP meeting and private sector forum to deepen public-private partnerships and promote trade facilitation. The meeting emphasized the importance of the private sector in customs policy development and explored issues such as regional customs cooperation, technological challenges, and fiscal risk management. The WCO's strategic leadership and the deepening of regional cooperation will contribute to building a more open, efficient, and secure global trading system.

01/05/2026 Customs Knowledge
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WCO Backs Philippines Customs Modernization with HRM System

WCO Backs Philippines Customs Modernization with HRM System

The World Customs Organization (WCO) successfully conducted a personnel management diagnostic of the Bureau of Customs (BOC) in the Philippines. This aimed to support BOC's strategic goals and HR modernization by building a competency-based HRM system. The diagnostic highlighted the importance of HR roles, competency-based HRM, and training development. The BOC committed to adopting the WCO's 18 customized recommendations to drive the implementation of future action plans.

01/05/2026 Customs Knowledge
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