Rwanda Adopts Datadriven Customs to Boost Trade Efficiency

Rwanda Adopts Datadriven Customs to Boost Trade Efficiency

The Rwanda Revenue Authority organized HS training to enhance the commodity classification skills of customs officers and promote trade development. This training aimed to improve the accuracy and efficiency of customs procedures, reducing delays and costs associated with international trade. By strengthening the capacity of customs officials in correctly classifying goods, the initiative contributes to improved revenue collection, enhanced compliance, and ultimately, greater trade facilitation for Rwanda.

01/05/2026 Customs Knowledge
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The Future of Smart Warehousing Technology-driven Transformation

The Future of Smart Warehousing Technology-driven Transformation

Smart warehousing utilizes automation, artificial intelligence, and other technologies to optimize logistics processes, enhancing inventory management and decision-making efficiency. Although the market value exceeded $23 billion in 2023 and is expected to reach $41 billion by 2027, the widespread adoption of this technology still requires significant effort. Decentralized warehousing networks accelerate delivery but face high capital investment challenges. Industry innovation is mainly led by large enterprises, while academic research focuses on operational issues, highlighting the significant potential of smart warehousing.

07/22/2025 Logistics
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Panamas Shipping Industry Warns of Port Oligopoly Threat

Panamas Shipping Industry Warns of Port Oligopoly Threat

Ricardo Lins, president of the Panama National Maritime Authority, urges the country to avoid oligopoly in port management. He emphasizes the need for transparent regulations to attract new shipping companies and investments, strengthen market competition, and ensure long-term development.

08/04/2025 Logistics
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AI in Logistics Falls Short of Industry Expectations

AI in Logistics Falls Short of Industry Expectations

This article explores the current application of artificial intelligence in the logistics industry and the challenges it faces. While AI promises to achieve more efficient supply chain connections, actual applications remain largely localized, making overall transformation a daunting task. Logistics companies must focus on infrastructure development and collaboration with partners while actively pursuing AI, especially considering varying levels of digital maturity and real-world constraints.

08/07/2025 Logistics Industry Insights
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Freight Forwarders Guide to Bill of Lading Amendments

Freight Forwarders Guide to Bill of Lading Amendments

Based on ROCKY_HIGHSUN's experience, this article provides a detailed analysis of the reasons, procedures, required documents, fees, and precautions for Bill of Lading (B/L) amendments. It aims to help freight forwarding practitioners efficiently handle B/L amendment issues and avoid unnecessary losses. The guide covers practical aspects and offers insights into navigating the complexities of B/L modifications within the context of freight forwarding operations, particularly considering the implications for Letter of Credit transactions.

08/21/2025 Document Interpretation
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Bank of Baroda Kenya Explains SWIFTBIC Code Use

Bank of Baroda Kenya Explains SWIFTBIC Code Use

This article introduces the SWIFT/BIC code of BANK OF BARODA (Kenya) and its significance in ensuring accurate and efficient international remittances. It also provides the bank's address information and advises regularly checking the validity of this information to facilitate smooth cross-border financial transactions.

08/21/2025 International Settlement
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