WCO Analyzes Customs Valuation and Transfer Pricing Challenges

WCO Analyzes Customs Valuation and Transfer Pricing Challenges

WCO Case Study 14.2 examines the relationship between customs valuation and transfer pricing, based on a Chinese case. It emphasizes cooperation between customs and tax authorities to help enterprises avoid valuation risks and enhance regulatory capabilities. The study highlights the importance of coordinated efforts in addressing the challenges posed by the intersection of these two areas in international trade. This collaboration aims to ensure fair and accurate valuation practices, contributing to a more transparent and efficient global trading system.

01/05/2026 Customs Knowledge
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West and Central African Customs Officials Boost Skills Via WCO Training

West and Central African Customs Officials Boost Skills Via WCO Training

Customs trainees from French-speaking West, Central, and parts of African countries visited the WCO Secretariat. Through thematic lectures and exchange visits, they gained in-depth understanding of the WCO's operational mechanisms, strategic planning, and capacity building projects. The training aims to enhance the professional level of customs officers in developing countries, promote international customs cooperation, and build a safer and more efficient global trade system. The visit fostered knowledge sharing and strengthened relationships within the global customs community.

01/05/2026 Customs Knowledge
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Asiapacific Customs Adopts VR for Regional Training

Asiapacific Customs Adopts VR for Regional Training

The 20th Meeting of Heads of WCO Regional Training Centers in Asia Pacific was held in Bangkok, Thailand. The meeting focused on empowering and strengthening regional cooperation through VR technology to enhance customs capacity building and promote regional customs modernization. The importance of impact assessment in capacity building was emphasized. The meeting also explored the challenges and future development directions of customs training under the pandemic, aiming to build a safer and more efficient regional trade environment.

01/05/2026 Customs Knowledge
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Global Aviation Industry Pushes for Enhanced Safety Data Transparency

Global Aviation Industry Pushes for Enhanced Safety Data Transparency

This paper delves into the significance of Aviation Operational Data (AOD) and its applications in the modern aviation industry. It highlights the five key principles of AOD proposed by IATA: Informed Consent, Transparent Visibility, Autonomous Sharing, Convenient Accessibility, and Responsible Accountability. These principles aim to establish a clear, transparent, and fair framework for data management and utilization for airlines, OEMs, and the entire industry. The goal is to collaboratively build a safer, more efficient, and sustainable future for aviation.

01/08/2026 Logistics Industry Insights
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Airlines Form Advisory Council for 2025 Distribution Strategy

Airlines Form Advisory Council for 2025 Distribution Strategy

The 2025 Airline Distribution Advisory Board comprises representatives from 19 airlines. Its goal is to optimize distribution strategies, address industry changes, enhance competitiveness, and improve passenger service. The board will focus on adapting to evolving market dynamics and leveraging new technologies to create more efficient and customer-centric distribution models. By fostering collaboration and sharing best practices, the Advisory Board aims to help airlines navigate the complexities of modern distribution and deliver a superior travel experience.

01/08/2026 Airlines
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New IATA Courses Aim to Improve Airport Ground Efficiency

New IATA Courses Aim to Improve Airport Ground Efficiency

The IATA Ground Operations Training program aims to improve airport ground operations efficiency, covering four key areas: management, marketing, operations, and safety. Tailored for airport professionals at all levels, the course offers various learning methods and provides industry-recognized IATA certification. It helps build a highly efficient and excellent ground operations team, significantly improving flight punctuality and overall airport performance. This comprehensive training ensures a well-trained workforce capable of optimizing ground handling processes and adhering to international standards.

01/08/2026 Logistics Encyclopedia
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Bath Body Works Cuts Product Line to Boost Sales

Bath Body Works Cuts Product Line to Boost Sales

Bath & Body Works plans to streamline its SKUs starting in 2026, exiting certain product categories. This initiative aims to optimize operations, reduce costs, and enhance the consumer experience, ultimately reshaping growth. The SKU rationalization is a key component of a broader retail strategy focused on efficient inventory management and improved profitability. By focusing on core products and simplifying its offerings, Bath & Body Works hopes to create a more focused and appealing shopping experience for its customers.

01/08/2026 Logistics Industry Insights
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Global Express Parcel Networks How They Operate Worldwide

Global Express Parcel Networks How They Operate Worldwide

International express delivery route planning is a complex process influenced by various factors. This paper analyzes key factors affecting route planning, such as origin and destination, transportation mode, cargo type, and the express company's global network. It details the specific route planning process and explores optimization measures like big data analysis, strategic partnerships, and technological innovation. This reveals the secrets of efficient international express delivery operations, aiming to provide insights for improving speed and reliability while minimizing costs.

01/08/2026 Logistics Encyclopedia
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Key Differences Between Air and Ocean Shipping Documents

Key Differences Between Air and Ocean Shipping Documents

Air Waybills and Bills of Lading differ significantly in nature, format, timeliness, and risk. An Air Waybill serves as a contract of carriage, offering speed but higher risk. A Bill of Lading acts as a document of title, involving longer transit times but diverse risks. Companies should make informed decisions based on cargo characteristics, value, and time sensitivity. Choosing the right document is crucial for efficient and secure international logistics operations, balancing speed, cost, and risk mitigation.

01/08/2026 Logistics Encyclopedia
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Guide to Streamlining International Shipping to the US

Guide to Streamlining International Shipping to the US

This article provides a detailed guide on international express shipping to the United States. It covers key aspects such as choosing a courier company, preparing the package, necessary documentation, completing the waybill, paying for shipping, and tracking logistics. The aim is to offer a practical and efficient shipping guide for cross-border e-commerce sellers and individuals, helping to improve international logistics efficiency. It serves as a helpful resource for navigating the complexities of shipping goods to the US.

01/08/2026 Logistics Encyclopedia
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