Guide to Ocean Freight Terms CYCY Vs CYLO Explained

Guide to Ocean Freight Terms CYCY Vs CYLO Explained

This article provides an in-depth analysis of CYCY and CY/LO delivery terms in ocean freight. It compares and contrasts these two terms across three dimensions: cost, timeliness, and risk. Using real-world case studies, a scenario-based decision model is built to guide foreign trade enterprises in selecting the optimal solution based on cargo value, shipping route, and cooperation model. This aims to achieve cost control and efficiency improvement. Ultimately, the article proposes a flexible supply chain management strategy of 'parallel dual terms' to optimize shipping operations.

01/30/2026 Logistics Encyclopedia
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WCO Advocates Gender Equality to Strengthen Global Trade

WCO Advocates Gender Equality to Strengthen Global Trade

The World Customs Organization (WCO) promotes customs efficiency, security, and prosperity through Gender Equality, Diversity, and Inclusion (GED). The 5th WCO Global Conference on Gender Equality and Diversity Network focused on disability inclusion and partnerships, emphasizing the importance of trade-enabling women. The WCO supports its members through the GEOAT tool, training packages, and a pool of experts. It also advocates for enhanced cooperation to collectively build a more equitable and efficient customs system. This collaborative approach aims to foster a customs environment that is both effective and inclusive for all stakeholders.

01/30/2026 Customs Knowledge
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Ghana Tightens IP Laws to Spur Economic Growth

Ghana Tightens IP Laws to Spur Economic Growth

The World Customs Organization (WCO) held an intellectual property (IP) workshop in Ghana to enhance the IP protection capabilities of Ghanaian customs officers, combat counterfeit goods, and promote Ghana's economic development. The workshop, through international cooperation, skills training, and practical exercises, injected new impetus into Ghana's IP protection efforts. It focused on strengthening customs officials' ability to identify and seize counterfeit goods, fostering collaboration between agencies, and raising awareness about the importance of IP rights. The goal was to create a more secure and competitive business environment in Ghana.

01/30/2026 Customs Knowledge
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WCO Enhances Ugandas CITES Enforcement Against Wildlife Trafficking

WCO Enhances Ugandas CITES Enforcement Against Wildlife Trafficking

The World Customs Organization (WCO) assessed the capacity of Uganda Customs to enforce the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). This assessment aims to strengthen Uganda Customs' ability to combat the illegal wildlife trade. The focus is on identifying areas for improvement in customs procedures, risk management, and international cooperation to effectively prevent the trafficking of endangered species and contribute to the conservation of biodiversity. The findings will be used to develop targeted capacity-building programs and support Uganda's efforts in combating wildlife crime.

02/02/2026 Customs Knowledge
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MENA Nations Unite Against Antiquities Trafficking

MENA Nations Unite Against Antiquities Trafficking

A Middle East and North Africa Customs workshop was held in Tunisia, focusing on cultural heritage protection. The meeting analyzed the challenges of smuggling and proposed recommendations including strengthened cooperation, training, and the application of technology. Participants discussed strategies to combat illicit trafficking of cultural artifacts and enhance regional collaboration among customs administrations. The workshop emphasized the importance of raising awareness and building capacity to safeguard cultural heritage in the face of increasing threats from organized crime. The goal is to preserve the region's rich history and cultural identity.

02/02/2026 Customs Knowledge
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Togo Boosts Trade with Wcobacked Customs AEO Program

Togo Boosts Trade with Wcobacked Customs AEO Program

The WCO is assisting the Togo Revenue Authority in establishing an AEO program to enhance trade facilitation. This initiative focuses on optimizing processes and strengthening cooperation to promote economic growth in Togo. By implementing the AEO program, Togo aims to streamline customs procedures, reduce trade barriers, and attract foreign investment. The program's success will contribute to increased efficiency in cross-border trade and a more competitive business environment for Togolese companies. This collaboration between the WCO and Togo Customs is expected to yield significant benefits for the country's economy.

02/02/2026 Customs Knowledge
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West and Central African Customs Chiefs Back Continental Free Trade

West and Central African Customs Chiefs Back Continental Free Trade

The meeting of heads of customs from West and Central Africa focused on the establishment of the African Continental Free Trade Area (AfCFTA). The World Customs Organization reaffirmed its support, emphasizing the critical role of customs departments and the importance of infrastructure. Discussions also covered addressing the challenges posed by the pandemic, combating counterfeit medicines and vaccines, and strengthening capacity building and regional cooperation. These efforts aim to contribute to regional economic development and the prosperity of the African continent. The importance of efficient customs procedures for the AfCFTA's success was highlighted.

02/02/2026 Customs Knowledge
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Shipping Industry Faces Postcovid Recovery Challenges

Shipping Industry Faces Postcovid Recovery Challenges

This paper analyzes the impact of the COVID-19 pandemic on the maritime industry, explores key factors for industry recovery, and proposes corresponding strategies. It emphasizes that pandemic control, economic recovery, and supply chain restoration are crucial for the maritime industry's rebound. The study suggests that maritime enterprises should strengthen risk management, optimize capacity allocation, improve operational efficiency, expand diversified businesses, promote digital transformation, and enhance industry cooperation to address challenges and embrace recovery. These measures will enable the industry to navigate the current uncertainties and build resilience for the future.

02/04/2026 Logistics Industry Insights
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Americas Caribbean Customs Workshop Boosts Audit Skills for Revenue Growth

Americas Caribbean Customs Workshop Boosts Audit Skills for Revenue Growth

The World Customs Organization held a post-clearance audit (PCA) seminar for the Americas and Caribbean region in the Dominican Republic, aiming to enhance customs tax collection capabilities. The seminar focused on risk management, audit planning optimization, personnel training, and information technology application, promoting regional cooperation to address cross-border trade challenges and safeguard national economic security. By strengthening PCA, the goal is to improve tax compliance and achieve effective growth in tax revenue. This initiative underscores the importance of robust PCA systems in ensuring fair and efficient tax administration.

02/03/2026 Customs Knowledge
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Global Authorities Crack Down on Crossborder Tax Evasion

Global Authorities Crack Down on Crossborder Tax Evasion

This paper emphasizes the importance of customs-tax cooperation, analyzing intelligence sharing and joint enforcement mechanisms. The aim is to enhance fiscal revenue, safeguard the trade environment, and promote economic development. Effective collaboration between customs and tax authorities is crucial for combating illicit financial flows, preventing tax evasion, and ensuring fair trade practices. This collaborative approach strengthens border security, improves risk management, and ultimately contributes to a more stable and prosperous economy. The paper highlights the benefits of a coordinated strategy in addressing complex challenges in international trade and taxation.

02/03/2026 Customs Knowledge
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