Sierra Leone Djibouti Join HS Convention to Streamline Trade

Sierra Leone Djibouti Join HS Convention to Streamline Trade

In 2015, Sierra Leone and Djibouti acceded to the International Convention on the Harmonized Commodity Description and Coding System, becoming the 152nd and 153rd contracting parties. This is significant for both countries, facilitating trade, enhancing international competitiveness, and promoting economic development. The Convention covers over 98% of global trade in goods. Its standardized coding system simplifies trade procedures, enhancing the efficiency, transparency, and standardization of global trade.

01/07/2026 Customs Knowledge
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WCO Aids Guyana in Modernizing Customs Procedures

WCO Aids Guyana in Modernizing Customs Procedures

The World Customs Organization (WCO) provides strategic support to the Guyana Revenue Authority (GRA) to facilitate customs modernization and compliance with the WTO's Trade Facilitation Agreement. This support involves assessing the GRA's current state, identifying challenges, and recommending improvements. The initiative aims to enhance the GRA's operational efficiency and contribute to Guyana's economic development. This demonstrates the WCO's active role in promoting global trade facilitation.

01/07/2026 Customs Knowledge
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Global Firms Face Talent Shortages Recession Risks in 2020

Global Firms Face Talent Shortages Recession Risks in 2020

The Conference Board's annual survey reveals that global business leaders are most concerned about talent shortages and the risk of economic recession in 2020. Companies need to strengthen risk management, optimize supply chains, embrace technological innovation, and actively address trade frictions and geopolitical risks to achieve sustainable development. Addressing the talent war and mitigating the impact of a potential recession are critical for business resilience.

01/15/2026 Logistics Industry Insights
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AUDUSD Tests Key Resistance at 06625 Amid Market Uncertainty

AUDUSD Tests Key Resistance at 06625 Amid Market Uncertainty

AUD/USD is oscillating within the 0.6400-0.6700 range, currently around 0.6636. Bulls are attempting to breach the 0.6700 resistance, but bears are showing strength. 0.6625 is a crucial short-term support level; holding above it could pave the way for further upside, while a break below could trigger a pullback. Investors should pay attention to economic data, monetary policy, and global risk sentiment.

01/15/2026 Exchange Rate Query
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Shipping Restrictions Spark Controversy at Citt Delle Spezie Port

Shipping Restrictions Spark Controversy at Citt Delle Spezie Port

The Port Authority of Qitegang plans to ban 15 vessels from entering the port to alleviate congestion, but this move has met with strong opposition from shipping companies. They believe this measure could worsen operational difficulties, prompting widespread discussions within the industry to explore potential solutions.

08/06/2025 Logistics
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Freight Brokers Safeguard Shippers Amid Rising Claims

Freight Brokers Safeguard Shippers Amid Rising Claims

Freight brokers protect client interests by assisting with claim filing, facilitating communication and coordination, providing documentation, and mediating disputes. Selecting a reputable broker effectively mitigates transportation risks and avoids complex claim processes, ensuring cargo safety and maximizing benefits. Brokers assist with navigating the complexities of freight claims, advocating for their clients to secure fair settlements. Their expertise streamlines the process and reduces the administrative burden on shippers. Ultimately, a skilled freight broker is a valuable asset in managing potential freight-related issues.

09/28/2025 Logistics Encyclopedia
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Amazon Sellers Face Fee Errors Seek Loss Mitigation

Amazon Sellers Face Fee Errors Seek Loss Mitigation

Amazon fee calculation errors occur frequently, involving shipping fees, commissions, and more. Faced with complex charging mechanisms, sellers should regularly check invoices, pay attention to dimensional weight changes, and promptly file appeals, retaining relevant evidence. Utilizing data reports and seller communities can help better understand fee details and coping strategies, avoiding potential losses. Proactive monitoring and understanding of Amazon's fee structure are crucial for maintaining profitability and protecting seller rights.

01/06/2026 Logistics
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DHL Express Canada Faces Potential Strike Amid Logistics Uncertainty

DHL Express Canada Faces Potential Strike Amid Logistics Uncertainty

Over 2,000 DHL Express Canada employees may strike due to stalled contract negotiations with Unifor, focusing on wages and working conditions. The strike could begin as early as this Sunday, adding to the challenges already facing Canadian logistics due to Canada Post labor issues. DHL has prepared contingency plans to minimize disruption. The potential strike highlights ongoing labor tensions within the Canadian logistics sector and the impact on supply chains.

01/08/2026 Logistics
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Fedex Pays 228M to Settle Contractor Misclassification Claims

Fedex Pays 228M to Settle Contractor Misclassification Claims

FedEx's $228 million settlement over independent contractor classification highlights the legal risks inherent in this business model. Companies should conduct compliance audits, re-evaluate worker classifications, strengthen contract management, and consider alternative models to navigate an increasingly stringent regulatory environment and ensure long-term sustainability. This case underscores the potential for costly labor disputes and the need for proactive measures to mitigate compliance risks associated with independent contractor arrangements.

01/15/2026 Logistics Industry Insights
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US Manufacturing PMI Contracts for Ninth Month Stoking Recession Fears

US Manufacturing PMI Contracts for Ninth Month Stoking Recession Fears

The US ISM report shows the Manufacturing PMI has been below 50 for the ninth consecutive month, indicating a sustained and accelerating contraction in the manufacturing sector. While the overall economy is still growing, the pace is slowing. This manufacturing downturn could negatively impact employment, investment, and consumption, requiring close monitoring and timely action.

01/15/2026 Logistics Industry Insights
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