AI Tool Enhances Customs Fraud Detection

AI Tool Enhances Customs Fraud Detection

The DATE model, developed by the WCO's BACUDA project, employs artificial intelligence to provide customs authorities with a precise tool for identifying fraud risks. Utilizing a dual attention mechanism and tree-aware embedding technology, the model effectively identifies potential fraudulent activities such as under-invoicing, enhancing risk identification accuracy and reducing labor costs. It has been successfully piloted in a Nigerian customs project.

Fedex UPS Compete in Logistics Tech Amid Ecommerce Surge

Fedex UPS Compete in Logistics Tech Amid Ecommerce Surge

Faced with logistics pressure from e-commerce growth, FedEx and UPS are not significantly increasing seasonal staff. Instead, they are investing heavily in automation technologies and building smaller, local sorting centers to improve efficiency and reduce costs. This dual investment in human resources and capital is crucial for managing business growth. Technology empowers logistics to embrace the new era of e-commerce.

Zhejiang Province Initiates Bulk Buying for Highcost Medical Supplies

Zhejiang Province Initiates Bulk Buying for Highcost Medical Supplies

Four major hospitals in Zhejiang Province have jointly launched a new round of centralized procurement for consumables, covering four categories: neurointervention, PICC, infusion ports, and ophthalmic heavy water. This centralized procurement emphasizes volume-based linkage and dual control of quantity and price, aiming to reduce healthcare costs, improve the coverage and accuracy of centralized procurement, and bring benefits to patients.

Gold Rises on Safehaven Demand Silver Swings

Gold Rises on Safehaven Demand Silver Swings

This week, New York gold futures surged 5%, reflecting heightened risk aversion in the market. Silver prices experienced significant volatility, highlighting its dual nature as both an industrial and precious metal. Other precious metals, such as copper, platinum, and palladium, showed varied performance. Investors should closely monitor macroeconomic conditions, geopolitical events, and market sentiment for their impact on the precious metals market.

Beijing Daxing International Airport Welcomes Important Test Flights As Three Letter Code PKX Is Approved

Beijing Daxing International Airport Welcomes Important Test Flights As Three Letter Code PKX Is Approved

The three-letter code PKX for Beijing Daxing International Airport has been confirmed, with official test flights starting on May 13. The testing will occur in three phases to validate the airport's operational support capability, aiming for commercial operations by September 30. The airport is expected to handle an annual passenger throughput of 72 million, establishing a dual-hub structure alongside Beijing Capital International Airport.

Dire Dawa Airport Boosts Ethiopia’s Regional Connectivity and Economy

Dire Dawa Airport Boosts Ethiopia’s Regional Connectivity and Economy

Dredawa International Airport, located in Dredawa, Ethiopia, is a military-civilian dual-use international airport operated by Ethiopian Airports. The airport has an elevation of 1167 meters and a runway length of 2679 meters, primarily serving domestic and international routes, including connections to Addis Ababa and Djibouti. Ethiopian Airlines is the main operator at this airport, enhancing the region's aviation links and promoting economic development.

07/29/2025 Logistics
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Firms Transform Pandemic Inventory Glut into Strategic Advantage

Firms Transform Pandemic Inventory Glut into Strategic Advantage

In the post-pandemic era, inventory pile-up has become a new challenge for supply chains. A reader survey by *Logistics Management* reveals that companies face the dual dilemma of high and low inventory levels. Diversified procurement, enhanced communication, and accurate forecasting are key to resolving the inventory crisis. Lean inventory management will help companies improve supply chain resilience and embrace the new market normal.

Chinas Auto Industry Pursues Global Growth Amid Export Surge

Chinas Auto Industry Pursues Global Growth Amid Export Surge

The Caijing Toutiao Living Room (Nanjing) Automobile Overseas Expansion event aims to discuss the overseas expansion strategy of China's automotive industry. The event focuses on issues such as the export of complete vehicles and auto parts, and supply chain finance, promoting industrial chain collaboration, exploring overseas market opportunities, helping Chinese automotive companies enhance their international competitiveness, and achieve a 'dual circulation' of domestic and international markets.

Express Industry's Price War And The New Normal of Survival Where Do We Go From Here

Express Industry's Price War And The New Normal of Survival Where Do We Go From Here

The express delivery industry is under dual pressure from rising rents and soaring labor costs, prompting deep reflection on the ongoing price war. While some delivery points hope for an end to the price war, homogenized competition and e-commerce clients' sensitivity to prices keep pricing strategies as a primary approach. In the future, enhancing services and technological innovation may become the new normal for survival in the industry.

07/23/2025 Logistics
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Western Land-sea New Corridor's Sea-rail Combined Transport Trains Reach New Heights Over 2000 Trains Operated

Western Land-sea New Corridor's Sea-rail Combined Transport Trains Reach New Heights Over 2000 Trains Operated

In 2024, the number of maritime and railway intermodal trains operating on the New Western Land-Sea Corridor exceeded 2,000, a year-on-year increase of 16.8%, supporting regional economic development. Guangxi Beibu Gulf International Port Group actively promotes the marine economy, leading to a significant increase in train transport demand. The goal is to operate 10,000 trains throughout the year, laying the foundation for facilitating a dual circulation market.

03/18/2024 Logistics
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