Tianjin Port Expands Europe Shipping Routes Amid Strategic Push

Tianjin Port Expands Europe Shipping Routes Amid Strategic Push

This paper provides an in-depth analysis of the history, route layout, advantages, and development trends of the Tianjin Port to Europe sea freight route. As a crucial corridor for China-Europe trade, this route significantly contributes to China-Europe economic and trade cooperation due to its strong transport capacity, high efficiency, and economical costs. In the future, this route will evolve towards intelligence, green practices, and diversification, further contributing to the prosperity of China-Europe economies.

01/30/2026 Logistics Encyclopedia
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Nigeria Customs Boosts Efficiency with Wcobacked HS Code Reform

Nigeria Customs Boosts Efficiency with Wcobacked HS Code Reform

The World Customs Organization (WCO), in collaboration with the European Union, held a high-level workshop in Nigeria to enhance the Nigeria Customs Service (NCS)'s expertise in Harmonized System (HS) coding. Through a combination of theoretical and practical training, the workshop aimed to improve the accuracy of customs officials in classifying goods, thereby promoting trade facilitation and injecting new vitality into Nigeria's economic development. This initiative is crucial for ensuring efficient customs procedures and boosting international trade competitiveness.

01/05/2026 Customs Knowledge
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Moldova Adopts International Standards for Customs Modernization

Moldova Adopts International Standards for Customs Modernization

Moldova, in collaboration with the World Customs Organization, organized a workshop to improve its national customs classification system. The aim was to enhance the commodity classification skills of customs officers, facilitate trade, and actively participate in the development of international trade rules. This initiative is crucial for Moldova's integration into the global trading system and enhancing its economic competitiveness. Other developing countries can learn from Moldova's experience by strengthening international cooperation and improving their own customs classification capabilities.

12/30/2025 Customs Knowledge
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Gothenburg Launches Direct Asia Shipping Route Boosting Nordic Trade

Gothenburg Launches Direct Asia Shipping Route Boosting Nordic Trade

The Port of Gothenburg welcomes a new direct service from CMA CGM, establishing a parallel structure of three direct routes to Asia and reinforcing its position as the leading Nordic shipping hub. This new route utilizes LNG-powered vessels, enhancing the port's green shipping capabilities. Increased Asian trade volumes have driven the Port of Gothenburg's container throughput to new heights. Moving forward, the port will continue to empower trade and economic development between the Nordic region and Asia.

01/27/2026 Logistics
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RMB Gains Boost Russian Trade Amid Global Shifts

RMB Gains Boost Russian Trade Amid Global Shifts

The strengthening RMB exchange rate is injecting new vitality into the Russian economy. China-Russia trade continues to grow, with local currency settlement reaching 99.1%. The RMB has become an important part of Russia's international settlement system, effectively improving the financial situation of Russian exporters and enriching the national budget. This increased use of the RMB in trade significantly reduces reliance on the US dollar and euro, fostering greater economic independence and stability for both nations.

01/30/2026 International Settlement
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Congo Enhances Customs Valuation Skills Through Expert Training

Congo Enhances Customs Valuation Skills Through Expert Training

The World Customs Organization (WCO) collaborated with the General Directorate of Customs of the Democratic Republic of the Congo (DGDA) to conduct a training workshop on customs valuation control. The aim was to enhance the professional skills of Congolese customs officials, combat smuggling and under-invoicing, improve the trade environment, and promote economic development. This initiative seeks to create more development opportunities for businesses operating in the region by strengthening customs valuation practices and ensuring fair trade.

01/30/2026 Customs Knowledge
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Swiss Trade Surplus Shrinks As Global Demand Weakens

Swiss Trade Surplus Shrinks As Global Demand Weakens

Switzerland's trade surplus decreased to CHF 3.84 billion in November, with exports falling by 7.1% compared to the previous month. Watch exports experienced a year-on-year decline of 7.3%. Factors such as the global economic downturn, geopolitical risks, and exchange rate fluctuations may impact Switzerland's trade performance. The decline in watch exports, a key sector for the Swiss economy, is particularly noteworthy and warrants further monitoring to understand the underlying causes and potential long-term effects.

01/30/2026 International Settlement
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US Tariff Hikes Strain Logistics Sector Amid Economic Uncertainty

US Tariff Hikes Strain Logistics Sector Amid Economic Uncertainty

The White House has postponed the reciprocity tariffs originally set to take effect on July 9 to August 1, increasing uncertainty in the logistics industry. Experts indicate that the new tariff scope may impact consumer prices and urge attention to future economic dynamics. Analysis from S&P Global shows a decline in overall U.S. import tariffs, which is expected to exert a dampening effect on inflation.

07/11/2025 Logistics Industry Insights
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Industrial Freight Demand Slows Amid Economic Uncertainty Regional Gaps

Industrial Freight Demand Slows Amid Economic Uncertainty Regional Gaps

The article analyzes the regional differences and economic uncertainties facing global industrial freight demand, highlighting the varying conditions in Sweden, India, and Europe regarding infrastructure, green transformation, and defense logistics. Despite numerous challenges, logistics companies continue to seize opportunities and adapt to market changes through flexible responses and innovation.

09/16/2025 Logistics Industry Insights
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