Bipartisan Bill Proposes Expanded Tax Credits for Short Line Railroads

Bipartisan Bill Proposes Expanded Tax Credits for Short Line Railroads

A bipartisan group of U.S. Senators introduced legislation to update the short line railroad tax credit. The bill aims to incentivize private investment and modernize short line railroads by increasing the credit cap, covering all mileage, and establishing an inflation index. These measures are intended to boost economic competitiveness in rural areas. The ASLRRA (American Short Line and Regional Railroad Association) welcomes the bill and anticipates its swift passage. The updated tax credit is expected to facilitate crucial infrastructure improvements and support the continued viability of short line railroads.

01/30/2026 Logistics
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US Bill Proposes Tax Credits to Boost Short Line Railroads

US Bill Proposes Tax Credits to Boost Short Line Railroads

A bill introduced in the U.S. Senate aims to modernize the short line railroad tax credit policy. By adjusting the credit cap, expanding coverage, and establishing an inflation-linked mechanism, the bill is expected to stimulate private investment, improve short line railroad infrastructure, and promote economic development in rural areas. This update to the tax credit seeks to make it more effective in encouraging investment and supporting the vital role short line railroads play in the nation's transportation network.

01/30/2026 Logistics
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Sierra Leone NRA Adopts Competencybased HR System for Tax Efficiency

Sierra Leone NRA Adopts Competencybased HR System for Tax Efficiency

The National Revenue Authority (NRA) of Sierra Leone, with support from the World Customs Organization (WCO), modernized its human resource system by introducing a competency-based HR management system. This initiative aims to enhance organizational effectiveness and build a professional tax workforce to better serve the national economy. This paper analyzes the construction and application of the competency model, and identifies potential challenges faced by the NRA during the transformation process, along with corresponding strategies to address them. The goal is to improve performance and create a skilled and efficient workforce.

02/03/2026 Customs Knowledge
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Temu and SHEIN Adapt to Tax Changes Reshape Crossborder Ecommerce

Temu and SHEIN Adapt to Tax Changes Reshape Crossborder Ecommerce

Despite the US eliminating the $800 duty-free threshold, Temu and SHEIN have experienced growth, suggesting brand recognition and user loyalty outweigh price sensitivity. Cross-border e-commerce sellers should move beyond solely focusing on low prices and adopt refined operational strategies. This includes optimizing supply chains, building brands, enhancing user experience, leveraging ERP systems for efficiency, and diversifying market presence to mitigate risks. These are crucial steps to succeed in a changing landscape.

02/03/2026 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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Coupang Expands South Chinakorea Trade with Shenzhen LCL Service

Coupang Expands South Chinakorea Trade with Shenzhen LCL Service

Coupang launched its LCL (Less than Container Load) direct shipping service from Shenzhen, enabling sellers in South China to reach South Korea in just 8 days, reducing logistics costs by 20%. This service allows for consolidated shipments and faster delivery times. Coupang provides a unified management platform to streamline the entire process, helping sellers expand their business efficiently in the Korean market. This new service aims to simplify cross-border trade and offer a more cost-effective solution for Chinese merchants selling on Coupang.

02/03/2026 Logistics
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Global Shipping Standards Boost Efficiency Cut Logistics Risks

Global Shipping Standards Boost Efficiency Cut Logistics Risks

This paper, from the perspective of a data analyst, deeply analyzes the standardized labeling methods of shipping marks for cross-border goods packaging. It details the core mandatory information of shipping marks, supplementary labeling information for special scenarios, shipping mark labeling specifications, and common errors with avoidance guidelines. The aim is to help companies mitigate potential risks and improve logistics efficiency. This guide provides practical insights into ensuring accurate and compliant shipping marks, ultimately streamlining international shipping processes and reducing costly errors.

02/03/2026 Logistics Encyclopedia
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Customs General Administration Partners with Ningbo Shipping Exchange to Build Maritime Silk Road Trade Index

Customs General Administration Partners with Ningbo Shipping Exchange to Build Maritime Silk Road Trade Index

The General Administration of Customs has signed a memorandum of cooperation with the Ningbo Shipping Exchange to promote the research of the Maritime Silk Road Trade Index and the Export Leading Index. This initiative aims to provide data support for small and medium-sized enterprises and government decision-making, while also aiding the research and analysis of the global trade situation.

07/24/2025 Logistics
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UK VAT Compliance Guide for Crossborder Ecommerce Firms

UK VAT Compliance Guide for Crossborder Ecommerce Firms

This article provides a guide to UK VAT compliance for cross-border e-commerce businesses. It emphasizes the importance of VAT registration, highlights key considerations when choosing a tax service provider, and advises businesses to establish a robust tax management system. By doing so, companies can effectively mitigate tax risks and ensure compliant operations within the UK market. Proper VAT handling is crucial for maintaining a sustainable and legally sound business presence in the UK.

01/15/2026 Customs Knowledge
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