Pacific Islands Enhance Customs Skills Via WCO Training Program

Pacific Islands Enhance Customs Skills Via WCO Training Program

The World Customs Organization (WCO) launched a Harmonized System (HS) expert development program for Pacific Island Countries, aiming to enhance customs capacity in the region by building a regional pool of experts. The first working group activity was held in October 2021, with the participation of customs administrations from six countries, including Fiji and Papua New Guinea. This initiative, a collaboration between the WCO and the Japan International Cooperation Agency (JICA), seeks to promote trade development and economic cooperation among Pacific Island Countries.

01/26/2026 Customs Knowledge
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Latin America Strengthens Tax Customs Systems Through Global Partnerships

Latin America Strengthens Tax Customs Systems Through Global Partnerships

The "Senior Tax and Customs Administration Program," jointly organized by institutions like the IMF and WCO, aims to enhance the capabilities of mid-to-senior level managers in tax and customs administrations across Central and South America. This program, delivered through a blended online and offline approach, provides training in areas such as strategic planning, risk management, and change management. It assists customs and tax departments in addressing global trade and tax challenges, ultimately contributing to economic development in the region.

01/26/2026 Customs Knowledge
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Shippers Urged to Reduce Truck Driver Detention for Safety

Shippers Urged to Reduce Truck Driver Detention for Safety

Driver detention not only causes significant economic losses but also threatens road safety. Shippers' long-term absence and shifting responsibility to carriers create a vicious cycle. Shippers should proactively optimize warehouse operations, introduce technology, provide comfortable waiting environments, and establish fair detention compensation mechanisms. Building transparent communication with carriers is crucial to create a safe, efficient, and caring transportation future, achieving a win-win situation for all parties. This includes addressing issues like long wait times and lack of amenities for drivers.

01/26/2026 Logistics Industry Insights
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SEKO Logistics Predicts Supply Chain Shifts for Peak Season

SEKO Logistics Predicts Supply Chain Shifts for Peak Season

SEKO Logistics executives stated in a media call that rising interest rates could dampen freight demand, predicting a moderate peak season this year, with potential growth towards the end. They noted increased interest in logistics outsourcing and network optimization, alongside more cautious inventory strategies. Companies need to be agile and adaptable to seize opportunities in the complex economic environment. The executives emphasized the importance of proactive planning and strategic partnerships to navigate potential challenges and capitalize on emerging trends within the logistics sector.

01/26/2026 Logistics Industry Insights
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GDP Growth Doesnt Guarantee Consumer Wellbeing Study Finds

GDP Growth Doesnt Guarantee Consumer Wellbeing Study Finds

Despite GDP growth data, consumers don't perceive actual improvement due to unequal income distribution, inflationary pressures, structural employment issues, and a gap between expectations and reality. Businesses should offer cost-effective products, focus on niche markets, and enhance brand value. Governments need to strengthen income distribution regulation, control inflation, and improve social security systems to break the 'GDP growth illusion' and achieve inclusive growth. This requires addressing the underlying issues hindering the translation of economic growth into tangible benefits for the average consumer.

01/26/2026 Logistics Industry Insights
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Kazakhstans Freight Sector Requires IATA Certification for Growth

Kazakhstans Freight Sector Requires IATA Certification for Growth

This article provides an in-depth analysis of the latest IATA accreditation requirements for freight forwarders in Kazakhstan. It covers accreditation types, the application process, required documents, and key considerations. The aim is to assist companies in successfully entering the market and capitalizing on the economic development opportunities in Central Asia. Obtaining IATA accreditation enhances credibility, expands business scope, reduces risks, and improves operational efficiency. It is a crucial step for freight forwarders looking to thrive in the Kazakhstani market.

01/26/2026 Logistics Encyclopedia
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US Freight Market Shows Signs of Recovery Amid Prolonged Slump

US Freight Market Shows Signs of Recovery Amid Prolonged Slump

Bank of America's Q2 Freight Payment Index indicates ongoing declines in US freight volumes and spending, albeit with slightly narrower decreases. Experts suggest the market may have bottomed out but still faces challenges from macroeconomic factors and shifting consumption patterns. Businesses should proactively respond by optimizing operations and capitalizing on opportunities like supply chain restructuring and e-commerce growth while awaiting market recovery. The report highlights the need for resilience and adaptation in a challenging economic landscape for the freight industry.

01/26/2026 Logistics Industry Insights
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US Service Sector Expands Steadily in October ISM

US Service Sector Expands Steadily in October ISM

U.S. non-manufacturing activity expanded strongly in October, with the NMI rising to 55.4. Business activity and employment increased, and new orders expanded. The future presents both opportunities and challenges. This indicates continued growth in the services sector, a key component of the U.S. economy. The ISM report provides valuable insights into the current state and near-term outlook for the non-manufacturing sector, influencing economic forecasts and investment decisions. While the current expansion is positive, potential headwinds could impact future growth.

01/28/2026 Logistics Industry Insights
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Trucking Industry Faces Capacity Crunch Under New Hours Rules

Trucking Industry Faces Capacity Crunch Under New Hours Rules

Proposed changes to the U.S. Federal Motor Carrier Safety Administration's (FMCSA) Hours of Service (HOS) regulations for truck drivers are generating industry debate. A Transplace expert group warns that the new rules could lead to a significant reduction in capacity, increased costs, and negatively impact supply chain efficiency. The industry is calling for a balance between safety concerns and economic needs, emphasizing the importance of considering the real-world implications of the proposed changes on the trucking sector and overall economy.

01/28/2026 Logistics
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US Retail Sales Flat in February Amid Consumer Weakness

US Retail Sales Flat in February Amid Consumer Weakness

February retail sales data released by the U.S. Department of Commerce and the National Retail Federation showed sluggish growth, reflecting challenges in the consumer market. Multiple factors, including inflation, high interest rates, and geopolitical risks, are impacting consumer confidence and purchasing power. Future growth in the retail sector hinges on controlling inflation, restoring consumer confidence, and fostering business innovation. The weak sales figures highlight the ongoing economic pressures faced by retailers and consumers alike, suggesting a cautious outlook for the near future.

01/28/2026 Logistics Industry Insights
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