WCO Promotes Data Analytics for Smarter Customs and Trade Growth

WCO Promotes Data Analytics for Smarter Customs and Trade Growth

The World Customs Organization (WCO) holds data analysis workshops to promote its application in customs and enhance management effectiveness. Through data analysis, customs can achieve goals like risk management, trade compliance, trade facilitation, and revenue collection, ultimately realizing digital transformation and building smart customs. Facing challenges in data quality, security, talent, and technology, customs must actively embrace data analysis and serve national economic development. This includes leveraging data to improve efficiency and effectiveness in various customs operations.

01/07/2026 Customs Knowledge
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Datadriven Lean Management Boosts Supply Chain Resilience

Datadriven Lean Management Boosts Supply Chain Resilience

IHS Markit research indicates that supply chain leaders prioritize spend analysis, category management, and risk management. Many organizations face challenges related to data and technology resource shortages. Companies need to strengthen data-driven lean management and build resilient supply chains by investing in data analytics tools, developing talent, and shifting mindsets. This will improve efficiency, reduce costs, and enhance risk response capabilities.

01/29/2026 Logistics Industry Insights
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Data Analytics Boosts Customs Risk Management and Efficiency

Data Analytics Boosts Customs Risk Management and Efficiency

This paper explores the importance and implementation path of customs data analysis capacity building. It proposes key elements for constructing a customs data analysis capacity building framework, including organizational structure, technology platform, talent development, and data governance. The research provides a reference for customs in data-driven risk management and performance improvement. The framework emphasizes the need for a holistic approach to enhance data literacy and analytical skills within customs organizations, enabling them to effectively leverage data for informed decision-making and improved operational efficiency.

02/02/2026 Customs Knowledge
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Tech Investments Boost Supply Chains Amid Global Trade Strains

Tech Investments Boost Supply Chains Amid Global Trade Strains

Descartes Systems Group research reveals that 74% of supply chain leaders see technology as crucial for growth amidst global trade challenges, with a higher percentage (88%) among high-growth companies. Global trade intelligence technology is considered the most valuable tool for the next two years, followed by global trade analytics and supply chain mapping. Businesses need to embrace technology, strengthen data analysis, and enhance collaboration to address challenges and achieve sustainable growth. This highlights the increasing importance of technology in navigating the complexities of modern global supply chains.

02/04/2026 Logistics Industry Insights
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Data Democratization Boosts SME Freight Forwarders

Data Democratization Boosts SME Freight Forwarders

The freight forwarding industry is undergoing a significant transformation. Data democratization empowers SMEs to compete with larger players. This report analyzes industry consolidation, emerging entrants, technology adoption, and regional/modal strengths. It highlights agility, technological capabilities, and adaptability to market changes as crucial for future success. Free Trade Agreements stimulate freight activity, and shippers should select technologically advanced and flexible partners. The industry is moving towards greater transparency and efficiency driven by data and technology, creating opportunities for those who can adapt and innovate.

01/30/2026 Logistics Industry Insights
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Logistics Firms Adopt Datadriven Strategies to Cut Costs

Logistics Firms Adopt Datadriven Strategies to Cut Costs

This article delves into the compliance challenges businesses face in multi-carrier environments and how multi-carrier shipping technology, such as solutions offered by Logistyx, can drive cost reduction and efficiency. It analyzes the potential costs of non-compliant shipping, the complexities of cross-border transportation, and proposes strategies for addressing them. The article emphasizes the importance of data-driven logistics optimization for enhancing business competitiveness. It highlights how leveraging technology and data insights can streamline processes and ensure adherence to regulations, ultimately improving the bottom line.

02/04/2026 Logistics Industry Insights
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Global Aviation Leaders to Shape Data Strategy at IATA Summit 2026

Global Aviation Leaders to Shape Data Strategy at IATA Summit 2026

The International Air Transport Association (IATA) will host the World Data Summit (WDS) in Singapore in 2026, focusing on data, technology, and cybersecurity in the aviation industry. The summit will bring together industry leaders to discuss key issues such as data strategy, artificial intelligence, cybersecurity, and data sharing. It aims to promote the digital transformation of the aviation industry, improve operational efficiency, and enhance passenger experience. Data analysts can leverage this opportunity to understand industry trends, build connections, and drive innovation.

01/08/2026 Logistics Industry Insights
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Unified Data Strategies Boost Warehouse Efficiency

Unified Data Strategies Boost Warehouse Efficiency

This article discusses how unifying data and utilizing advanced analytical methods can enhance warehouse efficiency and profitability. The six strategies proposed by NLS Company, including saving labor time, real-time profit visualization, and continuous improvement, form a blueprint for companies to succeed in a competitive landscape.

08/05/2025 Warehousing
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Flexport Data Reveals Global Shipping Delays

Flexport Data Reveals Global Shipping Delays

The Flexport Ocean Timeliness Indicator (OTI) is a crucial tool for measuring global ocean freight stress. It tracks containers from factory to destination port, providing weekly data for Transpacific and Far East routes. By analyzing the OTI and its First Mile Index, businesses can understand current ocean shipping conditions, forecast future trends, optimize supply chain strategies, and improve decision-making efficiency. The OTI offers valuable insights into the complexities of ocean freight, enabling proactive responses to potential disruptions and enhancing overall supply chain resilience.

11/03/2025 Logistics Industry Insights
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