Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka established the National Trade Facilitation Committee (NTFC) to coordinate domestic departments in cross-border trade and promote the implementation of trade facilitation measures, thereby driving national economic development. The NTFC will be responsible for policy consultation, supervision and evaluation, strategic coordination, departmental coordination, problem identification and resolution, information center construction, and international cooperation. By optimizing trade processes and improving trade efficiency, it aims to promote economic growth. The NTFC is expected to streamline procedures and enhance Sri Lanka's competitiveness in the global market.

Revised Kyoto Convention Aims to Simplify Global Customs Procedures

Revised Kyoto Convention Aims to Simplify Global Customs Procedures

The 29th session of the Revised Kyoto Convention Management Committee focused on potential draft texts of specific annexes, marking a crucial stage in the comprehensive review. Discussions covered topics such as goods handling, postal traffic, and relief consignments, aiming to simplify customs procedures and improve trade efficiency. Businesses should actively track policy changes, optimize customs data, and strengthen compliance management to seize opportunities and address challenges. This proactive approach is essential for navigating the evolving landscape of international trade and ensuring smooth cross-border operations.

WCO Certification Boosts Trade in Francophone Africa

WCO Certification Boosts Trade in Francophone Africa

The World Customs Organization (WCO), through its Technical and Operational Advisors (TOA) accreditation program, aims to cultivate customs experts proficient in commodity classification, rules of origin, and valuation. This initiative enhances customs capacity in French-speaking African countries, reduces trade costs and friction, and creates more market opportunities for businesses. By fostering expertise and efficiency, the program contributes to a future where trade facilitation is embraced, benefiting both governments and the private sector. The ultimate goal is to streamline processes and promote economic growth.

Wcos SAFE Framework Enhances Global Trade Security

Wcos SAFE Framework Enhances Global Trade Security

The 28th SAFE Working Group (SWG) meeting focused on upgrading and monitoring the implementation of the SAFE Framework. Discussions included the implementation monitoring questionnaire, the WCO Data Strategy, the Green Customs Initiative, and capacity building activities. The revised SWG work plan was approved. The meeting also deepened cooperation between customs and sectors such as aviation and ports, injecting new momentum into the future development of global trade. The discussions aimed to enhance efficiency and security in international trade through improved customs procedures and collaboration.

New Crossborder Logistics Solutions Disrupt Traditional Transport

New Crossborder Logistics Solutions Disrupt Traditional Transport

Cross-border dedicated line logistics offers efficient and professional door-to-door services, breaking through traditional transportation bottlenecks. Its exclusive transport routes significantly reduce shipping time and costs, increasingly becoming a key driver of global trade. The market size is expected to continue growing rapidly in the future, with dedicated line logistics playing a more prominent role in cross-border e-commerce and brand expansion.

Chinaus Ocean Freight Transit Times and Key Factors Explained

Chinaus Ocean Freight Transit Times and Key Factors Explained

This article provides an in-depth analysis of various factors affecting shipping time from China to the United States, including the port of origin, destination port, choice of shipping company, route arrangement, and potential unforeseen circumstances. By understanding these key points, businesses and individuals can more effectively plan logistics, optimize their supply chains, and reduce potential transportation risks. This knowledge empowers informed decision-making and improved control over the China-US ocean freight process.

Export Firms Cut Costs by Repairing Returned Goods

Export Firms Cut Costs by Repairing Returned Goods

This article provides an in-depth analysis of the core policies, operational procedures, and key considerations for import customs declarations related to returned goods for repair. It aims to help export companies reduce overseas repair costs and ensure compliant re-export of products. The emphasis is on document compliance, effective time management, and the advantages offered by bonded zone enterprises. Furthermore, it addresses frequently asked questions, serving as a practical guide for businesses to efficiently utilize the returned goods for repair policy.

Amazon Europe Cuts FBA Fees for Apparel Sellers

Amazon Europe Cuts FBA Fees for Apparel Sellers

Significant adjustments to Amazon Europe's FBA fees are here. Sellers of apparel, accessories, and luggage will benefit from a more transparent and economical billing model, along with a waiver of return processing fees. This new policy reduces logistics costs and operational risks, providing sellers with pricing flexibility and marketing space. It empowers them to seize opportunities in the European market and achieve business growth. The changes aim to make FBA more competitive and attractive for sellers looking to expand their reach in Europe.

01/21/2026 Logistics
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Outpost Raises 1B to Transform Trucking Terminal Networks

Outpost Raises 1B to Transform Trucking Terminal Networks

Outpost secures $1 billion investment from GreenPoint to accelerate the construction of a nationwide truck freight station network. By integrating physical sites, operations, and technology, Outpost provides businesses with flexible and efficient freight infrastructure, reducing operational costs and enhancing service capabilities to drive business growth. The investment will bolster Outpost's efforts to create a comprehensive logistics network, streamlining freight operations and offering significant cost savings for its customers.

01/28/2026 Logistics
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Global Ecommerce Expands 3day Delivery to US and Europe

Global Ecommerce Expands 3day Delivery to US and Europe

This article focuses on the three major international express companies, DHL, FedEx, and UPS, analyzing their time efficiency advantages in Europe and America. DHL excels on routes from Asia to Europe and America, FedEx has a speed advantage in the North American market, and UPS provides stable services between Europe and America. Companies should choose the appropriate logistics channel based on their specific needs. This comparison allows businesses to optimize their shipping strategies and select the provider that best aligns with their delivery requirements and desired transit times.

01/30/2026 Logistics
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