WCO UNCTAD Aid Ghanas Trade Reforms Under Mercator Program

WCO UNCTAD Aid Ghanas Trade Reforms Under Mercator Program

The WCO and UNCTAD are supporting Ghana in enhancing its trade facilitation capabilities to implement the WTO Trade Facilitation Agreement, improve its trade environment, and promote economic development. Funding support is provided by the UK's HMRC. This initiative aims to streamline customs procedures, reduce trade costs, and boost Ghana's competitiveness in the global market. By strengthening institutional capacity and promoting international cooperation, the project contributes to sustainable economic growth and regional integration.

01/05/2026 Customs Knowledge
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Switzerland WCO Boost Ukraine Trade Efficiency

Switzerland WCO Boost Ukraine Trade Efficiency

Switzerland, in collaboration with the World Customs Organization (WCO), has launched the Global Trade Facilitation Programme (GTFP) to enhance the efficiency of Ukrainian Customs and improve the business environment. Based on the WTO's Trade Facilitation Agreement and the WCO's Revised Kyoto Convention, the project provides technical assistance, capacity building, and resource support to help Ukraine achieve trade facilitation. This initiative aims to reduce costs for businesses, enhance competitiveness, promote foreign investment, and ultimately benefit consumers.

01/05/2026 Customs Knowledge
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Global Airfare Standards to Shift Under Iatas New PTCCM Initiative

Global Airfare Standards to Shift Under Iatas New PTCCM Initiative

The International Air Transport Association (IATA) has released the 8th edition of the Passenger Tariff Coordinating Conference Manual (PTCCM), updating industry standards across five pillars: general definitions, mileage principles, fare construction, currency application, and baggage rules. This new edition revises several resolutions to enhance fare transparency, reduce operational costs, promote international cooperation, and optimize the passenger experience. The updated PTCCM provides clearer and more efficient fare management regulations for the global aviation industry.

01/05/2026 Logistics Encyclopedia
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Five Steps to Improve Supply Chain Forecasting Accuracy

Five Steps to Improve Supply Chain Forecasting Accuracy

This paper outlines five key steps to enhance the value of supply chain forecasting: defining clear forecasting objectives and scope, collecting and cleaning data, selecting appropriate forecasting methods, evaluating and optimizing prediction models, and continuously monitoring and adjusting. By following these steps, businesses can build a more accurate and reliable forecasting system, optimize inventory management, reduce operating costs, and improve customer satisfaction. This leads to a more efficient and responsive supply chain.

01/05/2026 Logistics Industry Insights
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Affordable Longdistance Moving Tips from Nujiang

Affordable Longdistance Moving Tips from Nujiang

Worried about expensive logistics fees for cross-province moving from Nujiang Prefecture? This article provides a detailed analysis of the pricing standards of major logistics companies and offers money-saving tips. We help you find a cost-effective and reliable oversized item logistics solution, allowing you to say goodbye to high shipping costs! Learn how to navigate the complexities of long-distance moving and secure the best possible deal for your belongings.

01/05/2026 Logistics Encyclopedia
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Realtime Pricing Transforms Global Air Cargo Sector

Realtime Pricing Transforms Global Air Cargo Sector

The air freight industry is undergoing a transformation driven by real-time pricing. Airlines are expected to optimize cargo consolidation through technology, improving yields and reducing costs. Traditional freight forwarders face transformation pressure, while tech-driven new forwarders will see development opportunities. Ultimately, shippers will benefit from more transparent and efficient air freight services. This shift promises a more dynamic and responsive market, empowering businesses with greater control and visibility over their air cargo operations.

12/30/2025 Logistics Industry Insights
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Flexport Enhances Booking Tool for Realtime Shipping Management

Flexport Enhances Booking Tool for Realtime Shipping Management

Flexport has upgraded its booking management tools with a new quota management dashboard. By integrating booking, contract, and carrier data, it provides businesses with a real-time, comprehensive view of quota performance. This tool allows users to monitor freight volumes, identify contract deviations, and perform forward-looking planning. It empowers companies to optimize their ocean freight strategies and reduce supply chain costs by offering data-driven insights into quota utilization and potential areas for improvement.

12/30/2025 Logistics
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Wcos Updated Data Model Boosts Digital Trade Efficiency

Wcos Updated Data Model Boosts Digital Trade Efficiency

The WCO has released Data Model 3.10.0, supporting various data exchanges and ensuring backward compatibility. It aims to facilitate the digitalization of cross-border trade, enhance efficiency, and reduce costs. This update provides a standardized framework for data communication between stakeholders involved in international trade, promoting seamless information sharing and streamlined processes. By adopting this model, businesses and governments can optimize their trade operations, leading to faster clearance times and reduced administrative burdens.

12/30/2025 Customs Knowledge
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WTO Pact Gains Global Support to Boost Trade in Developing Nations

WTO Pact Gains Global Support to Boost Trade in Developing Nations

To help developing countries fully leverage the potential of the WTO's Trade Facilitation Agreement (TFA), multiple international organizations and development partners reaffirmed their commitment to providing comprehensive and coordinated support. This includes technical assistance, capacity building, and financial support aimed at streamlining trade procedures, reducing trade costs, and improving trade efficiency. The ultimate goal is to promote fairness and prosperity in the global economy by enabling smoother and more accessible trade processes for all nations.

12/30/2025 Customs Knowledge
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Latin America Adopts Revised Kyoto Convention to Streamline Trade

Latin America Adopts Revised Kyoto Convention to Streamline Trade

The World Customs Organization (WCO) is promoting the Revised Kyoto Convention (RKC) in Brazil, encouraging Latin American countries to join. The WCO emphasizes the RKC's importance for trade facilitation and supply chain security. Joining the RKC can streamline customs procedures, reduce trade costs, and enhance the predictability of international trade. This initiative aims to improve the efficiency and security of trade flows within the region and globally by adopting international standards for customs procedures.

12/30/2025 Customs Knowledge
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