3PL Firms Lead Industrial Real Estate Leasing Growth

3PL Firms Lead Industrial Real Estate Leasing Growth

A CBRE report indicates that 3PL leasing dominated the US industrial real estate market in the first half of 2025, surpassing retail and e-commerce. Increased demand for corporate outsourcing and e-commerce companies reassessing their operational models are key drivers. While large warehouse leasing is approached cautiously, the Inland Empire in Southern California remains the most active market. Experts predict that 3PL's market share will continue to rise, and businesses should embrace 3PL to enhance their competitiveness. This trend highlights the growing importance of logistics outsourcing in the current economic landscape.

02/04/2026 Logistics Industry Insights
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North American Ports Struggle Amid Pandemic Fitch

North American Ports Struggle Amid Pandemic Fitch

A Fitch Ratings report highlights the widespread impact of the COVID-19 pandemic on North American ports, causing supply chain disruptions and operational restrictions. Ports faced pressure from both demand and supply sides, with varying degrees of impact across different port types. The pandemic has exposed vulnerabilities, but also accelerated trends like automation and digitalization. While short-term challenges persist, economic recovery and port transformation offer long-term opportunities for growth and resilience. Ports are adapting to the new normal by diversifying cargo, investing in infrastructure, and improving efficiency.

02/05/2026 Port Encyclopedia
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Uti Expands Usmexico Logistics Amid Nearshoring Boom

Uti Expands Usmexico Logistics Amid Nearshoring Boom

UTi Worldwide enhances its US-Mexico cross-border services to streamline trade processes, expedite customs clearance, and facilitate companies' nearshoring strategies. This service integrates transportation, customs brokerage, and warehousing, providing a one-stop solution to reduce costs, improve efficiency, and boost US-Mexico trade growth. By simplifying the complexities of cross-border logistics, UTi empowers businesses to capitalize on the advantages of nearshoring, fostering stronger economic ties between the two countries. The upgraded service aims to provide a seamless and reliable experience for businesses engaged in US-Mexico trade.

02/05/2026 Logistics
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Xinjiang Tashkent Partner to Expand Chinese Firms in Central Asia

Xinjiang Tashkent Partner to Expand Chinese Firms in Central Asia

Xinjiang's Makit County and Akto County signed a friendly city cooperation agreement with Tashkent Region of Uzbekistan, aiming to provide a foothold for Chinese enterprises to expand into the Central Asian market. By building a cross-border service platform and establishing a two-way linkage mechanism, the agreement addresses challenges faced by companies going abroad and promotes long-term coordinated development between Xinjiang and Tashkent Region in industries, talent, and other fields. This collaboration facilitates smoother market access and strengthens economic ties between the two regions, fostering mutual growth and prosperity.

02/05/2026 Logistics Industry Insights
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Burundi Customs Enhances African Trade with WCO Backing

Burundi Customs Enhances African Trade with WCO Backing

With support from the WCO and the EU, the Burundi Revenue Authority held a national workshop on customs laboratories and the Harmonized System classification of chemical products. The aim is to establish its own laboratory to improve tax collection efficiency, strengthen social and environmental protection, and promote trade facilitation. Guided by WCO experts and through learning technical standards, Burundi Customs is committed to building a first-class customs laboratory, contributing significantly to Burundi's economic development. This initiative is crucial for modernizing customs operations and ensuring compliance with international standards.

02/05/2026 Customs Knowledge
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EU WCO Enhance African Trade Via Customs Initiative

EU WCO Enhance African Trade Via Customs Initiative

The EU-WCO Africa Programme conference was held in Mauritius, assessing achievements and planning for the future. The conference focused on customs, rules of origin, and regional cooperation, aiming to promote trade prosperity in Africa. Key discussions revolved around enhancing customs efficiency, simplifying trade procedures, and fostering collaboration among African nations. The goal is to unlock the continent's trade potential and contribute to sustainable economic growth through improved customs practices and stronger regional partnerships. The meeting served as a platform for sharing best practices and identifying areas for further development.

02/05/2026 Customs Knowledge
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Chinasaudi Sea Freight Boosts Costeffective Trade

Chinasaudi Sea Freight Boosts Costeffective Trade

This article provides an in-depth analysis of the China-Saudi Arabia sea routes, covering key elements such as route selection, transit time, freight structure, and vessel types. It emphasizes the strategic importance of maritime transport in promoting trade between the two countries and explores future development trends. The analysis offers decision-making references for businesses to optimize their supply chains, considering factors impacting shipping efficiency and cost-effectiveness. The study also highlights the role of shipping in strengthening economic ties and facilitating the flow of goods between China and Saudi Arabia.

02/05/2026 Logistics
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New Framework Aims to Streamline Global Trade Through Technical Aid

New Framework Aims to Streamline Global Trade Through Technical Aid

This paper interprets the WTO Trade Facilitation Agreement (TN/TF/W/137), focusing on its implementation in developing countries. It emphasizes transparency, flexibility, and cooperation, aiming to promote a fairer and more efficient global trade system. The agreement provides a framework for streamlining customs procedures, reducing trade costs, and enhancing predictability. Technical assistance is crucial for developing countries to effectively implement the agreement and reap its benefits. Ultimately, the Trade Facilitation Agreement contributes to economic growth and development by facilitating the smooth flow of goods across borders within the WTO framework.

02/05/2026 Customs Knowledge
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New Zealand Aims to Streamline Trade with Clearer Customs Rules

New Zealand Aims to Streamline Trade with Clearer Customs Rules

New Zealand submitted a proposal to the WTO aimed at promoting objectivity and transparency in tariff classification, avoiding arbitrary classifications and hidden trade restrictions. The proposal emphasizes classification based on the Harmonized System (HS) and focuses on the capacity-building needs of developing countries, suggesting the establishment of a horizontal mechanism to address their specific issues. This proposal is of great significance for promoting fair trade and global economic development. It seeks to ensure consistent and predictable application of tariff classifications, fostering a more transparent and equitable global trading environment.

02/05/2026 Customs Knowledge
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New Zealand Calls for Transparent Tariff Rules to Facilitate Trade

New Zealand Calls for Transparent Tariff Rules to Facilitate Trade

New Zealand submitted a proposal to the WTO advocating for an objective and transparent tariff classification system. The proposal calls for avoiding arbitrary and unfair classifications and suggests the unified application of the HS coding system. It emphasizes special and differential treatment for developing countries, along with the importance of technical assistance and capacity building. The proposal aims to promote global trade facilitation by ensuring predictable and equitable tariff classifications, thereby reducing trade barriers and fostering a more efficient international trading environment. This contributes to smoother cross-border trade and economic growth.

02/05/2026 Customs Knowledge
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