WCO Boosts Global Trade with New Performance Metrics

WCO Boosts Global Trade with New Performance Metrics

The World Customs Organization has launched the second round of its Performance Measurement Mechanism, aiming to empower member customs administrations to improve strategic decision-making and overall effectiveness through a standardized assessment framework. This mechanism covers key areas such as trade facilitation, revenue collection, and security, promoting global customs modernization and contributing to trade facilitation and economic security. A call is made for active participation from all members to jointly build an efficient and secure global customs system. This initiative will help customs administrations enhance their performance and contribute to a safer and more prosperous global trade environment.

US Ocean Freight Costs Processes and Operations Explained

US Ocean Freight Costs Processes and Operations Explained

This article provides a detailed overview of the US ocean freight process, cost structure, and operational methods, helping readers understand each step from booking to cargo pickup. It focuses on analyzing factors affecting ocean freight costs, such as cargo weight, volume, and shipping distance. The article also compares the advantages and disadvantages of different shipping methods like FCL (Full Container Load) and LCL (Less than Container Load). The aim is to offer comprehensive guidance for readers new to US ocean freight, providing a solid foundation for understanding the complexities involved in international shipping to the United States.