Bolivia Strengthens Customs Leadership Amid Trade Challenges

Bolivia Strengthens Customs Leadership Amid Trade Challenges

Bolivia Customs recently held a successful high-level leadership development workshop aimed at enhancing the capabilities of its management team to address future challenges. Supported by the WCO-SECO Global Trade Facilitation Programme (GTFP), the initiative focused on strengthening team cohesion and improving management effectiveness through customized courses, team building activities, and negotiation skills training. This program lays a solid foundation for the future development of Bolivia Customs, equipping its leaders with the necessary skills and knowledge to navigate the evolving landscape of international trade and customs administration.

02/05/2026 Customs Knowledge
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New Zealand Aims to Streamline Trade with Clearer Customs Rules

New Zealand Aims to Streamline Trade with Clearer Customs Rules

New Zealand submitted a proposal to the WTO aimed at promoting objectivity and transparency in tariff classification, avoiding arbitrary classifications and hidden trade restrictions. The proposal emphasizes classification based on the Harmonized System (HS) and focuses on the capacity-building needs of developing countries, suggesting the establishment of a horizontal mechanism to address their specific issues. This proposal is of great significance for promoting fair trade and global economic development. It seeks to ensure consistent and predictable application of tariff classifications, fostering a more transparent and equitable global trading environment.

02/05/2026 Customs Knowledge
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Latin American Tax Officials Gain Skills in Advanced Training Program

Latin American Tax Officials Gain Skills in Advanced Training Program

The IMF, the Spanish Institute for Fiscal Studies, and the WCO jointly delivered a high-level course on tax and customs administration in Latin America. The course aimed to enhance the management capabilities of senior tax and customs officials in the region to address challenges. The upcoming fifth edition will focus on modern management skills and improving voluntary compliance. The Global Trade Facilitation Programme provides crucial support to the region, fostering economic development. This initiative is vital for strengthening governance and promoting sustainable growth within the Latin American context.

02/06/2026 Customs Knowledge
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WCO Stresses Supply Chain Resilience at ADBI Conference

WCO Stresses Supply Chain Resilience at ADBI Conference

World Customs Organization (WCO) Secretary General Kunio Mikuriya delivered a keynote speech at the Asian Development Bank Institute Annual Conference, highlighting the multiple challenges facing global supply chains, including digitalization, data standardization, technological changes, e-commerce development, environmental issues, and border conflicts. He called for strengthened international cooperation to enhance the role of customs in supply chain resilience, jointly address these challenges, and promote the stability and sustainable development of global trade. This collaborative effort is crucial for navigating the complexities and ensuring a robust global trading system.

02/06/2026 Logistics Industry Insights
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LA and Long Beach Ports Hit Record Imports Amid Supply Chain Strain

LA and Long Beach Ports Hit Record Imports Amid Supply Chain Strain

The Ports of Los Angeles and Long Beach achieved record-breaking throughput in August, bucking trends and highlighting US consumer recovery and proactive retailer stocking. However, sluggish exports, supply chain pressures, and economic uncertainties remain significant challenges. To address these issues and seize opportunities, the ports need to optimize supply chain management, promote digital transformation, strengthen infrastructure construction, and deepen regional cooperation. Sustainable development hinges on effectively navigating these challenges and adapting to the evolving global trade landscape. The focus should be on resilience and efficiency to ensure long-term growth.

02/11/2026 Logistics
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Suqian Explores Crossborder Trade Growth Amid Global Challenges

Suqian Explores Crossborder Trade Growth Amid Global Challenges

Suqian actively embraces cross-border business opportunities by hosting and participating in various international events, building bridges for local enterprises to connect with the global market. This article reviews the concluded E-commerce Festival and Scientists Conference, and looks forward to future events such as the Grain and Oil Equipment Exhibition. It emphasizes the need for enterprises to enhance their competitiveness and strengthen international cooperation to address the challenges of cross-border business. The city aims to leverage these opportunities to boost its economy and foster global partnerships.

02/11/2026 International Settlement
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Visa Teams With Payment Firms to Transform Asiapacific Ecommerce

Visa Teams With Payment Firms to Transform Asiapacific Ecommerce

Visa is partnering with four major payment companies to promote its Click to Pay smart payment solution in the Asia-Pacific region, aiming to address the high cart abandonment rates in e-commerce. This technology simplifies the payment process and enhances security, potentially significantly improving payment success rates and user satisfaction. It offers multiple benefits for merchants, banks, and consumers, driving the upgrade of e-commerce payment experiences in the Asia-Pacific region. The Thai e-commerce market is expected to benefit from this initiative, ushering in new development opportunities.

02/11/2026 International Settlement
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US Rail Freight Slump Signals Economic Worries

US Rail Freight Slump Signals Economic Worries

Recent data reveals a year-over-year decline in both U.S. rail freight and intermodal volumes. While commodities like automotive, coal, and petroleum products experienced growth, grains, forest products, and agricultural goods faced declines. Intermodal volume also decreased. Rail freight confronts challenges including macroeconomic conditions, supply chain issues, and industry competition. To address these, the industry needs to enhance efficiency, expand markets, embrace green transformation, and strengthen collaboration. The overall trend indicates a complex interplay of factors impacting the rail freight sector, requiring strategic adaptation for future growth.

02/11/2026 Logistics
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US Rail Freight Declines in May As Coal Petroleum Demand Wanes

US Rail Freight Declines in May As Coal Petroleum Demand Wanes

Data from the Association of American Railroads shows a decline in both U.S. rail carloads and intermodal units for the week ending May 21. Significant decreases were observed in coal and petroleum products shipments, while miscellaneous carloads, nonmetallic minerals, and motor vehicles & parts saw increases. The article analyzes the multiple factors contributing to the freight volume decline, including economic slowdown and shifting consumer demand. It suggests strategies such as diversifying business operations, improving service quality, and embracing technological innovation to address the challenges and maintain competitiveness in the rail freight industry.

02/11/2026 Logistics
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US Rail Freight Sees Mixed Results Carloads Up Intermodal Down

US Rail Freight Sees Mixed Results Carloads Up Intermodal Down

Data from the Association of American Railroads shows that U.S. rail carload traffic increased year-over-year in the first week of March, led by chemicals, minerals, and coal. Intermodal traffic declined, reflecting ongoing supply chain bottlenecks. Cumulative data indicates an increase in carload traffic but a decrease in intermodal volume. Overall, North American rail performance mirrors the U.S. trends. Logistics companies should monitor market dynamics, optimize supply chains, and invest in technological innovation to address these challenges. The divergence between carload and intermodal trends highlights the need for adaptable strategies.

02/11/2026 Logistics
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