Uruguay's National Port Administration (ANP) is dedicated to improving the management and development of public ports, aiming to establish Uruguay as a global logistics center. The focus is on sustainable development and international cooperation to promote national economic growth.
Danish shipping company Maersk has signed a 10-year logistics cooperation agreement with Singaporean furniture brand Castlery, providing comprehensive shipping and warehousing services. Both parties aim to enhance customer experience while adopting eco-friendly transportation solutions, committed to sustainable development.
Guolian Co., JiuDing Group, and Zhuangku Technology signed a strategic cooperation agreement in Xinjiang to jointly build a digital home supply chain. This initiative aims to promote the development of China's digital home industry and further expand into the Central Asian market.
Maritime navigation in the Red Sea is facing multiple security challenges, with an increase in attacks forcing shipping companies to reassess route choices and safety measures. Experts analyze shipping risks and call for strengthened international cooperation to ensure the stability of global trade.
This article discusses how logistics companies can effectively prevent the loss of strategic key clients. It highlights several key aspects, including understanding clients' true perceptions, promoting inter-organizational connections, monitoring churn signals, meeting the rising needs of clients, and reducing cooperation risks.
RIYAD BANK has announced its new SWIFT/BIC code RIBLSARISSD, aimed at enhancing the efficiency of international remittances. This update not only provides a more effective communication channel for global customers but also further ensures the security of transactions, promoting international economic cooperation.
Maersk announced the cessation of cooperation with 97 companies linked to Israeli settlements in an effort to enhance compliance with international human rights standards in its shipping operations. This decision has been welcomed by the PYM organization, reflecting the company's commitment to social responsibility.
The trade agreement signed by the Trump administration raises tariff levels, making the Trans-Pacific trade environment more uncertain, which adds pressure on global businesses and economic cooperation. Companies face risks of rising costs, making it increasingly important to seek alternative solutions to navigate the uncertainty.
The 2025 WCO Council discussions emphasized the need for customs to closely collaborate with tax authorities, leveraging transfer pricing documentation to verify prices against customs values. This cooperation not only enhances tax compliance but also provides businesses with pricing certainty, reducing legal risks and economic losses.
In the current uncertain business environment, companies need to deepen their cooperation with third-party logistics (3PL) suppliers, transforming from simple transactions into strategic partnerships to achieve shared value and sustainable growth. Effective governance structures, performance management, real-time visibility, and joint innovation are key elements for success.
