West and Central Africa Boost Customs Cooperation

West and Central Africa Boost Customs Cooperation

The 2015 Liaison Office Meeting on Customs Capacity Building in West and Central Africa was held in Senegal, focusing on regional customs reform and capacity enhancement. The meeting reviewed the implementation of the strategic plan, initiated the identification of assistance needs, promoted a regional capacity-building market, and discussed key projects. Through mutual cooperation and field visits, the aim was to improve regional customs efficiency, facilitate trade, and safeguard the economic development of West and Central Africa. The meeting emphasized collaboration to strengthen customs operations and regional integration.

01/07/2026 Customs Knowledge
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Prologis Report Industrial Real Estate Shifts Postpandemic

Prologis Report Industrial Real Estate Shifts Postpandemic

The Prologis IBI report indicates a gradual return to pre-pandemic norms in the industrial real estate market. Rental rates continue to rise, and while vacancy rates remain low, a slight increase is anticipated. Market demand remains robust. A decrease in new construction projects may lead to a future supply-demand reversal. Businesses should plan ahead, flexibly select warehousing solutions, and pay attention to technology applications to navigate market changes. This proactive approach will be crucial for optimizing operations and adapting to the evolving landscape of industrial real estate.

01/19/2026 Logistics Industry Insights
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Savannah Port Dredging Delay Reflects East Coast Infrastructure Woes

Savannah Port Dredging Delay Reflects East Coast Infrastructure Woes

The Savannah Harbor Expansion Project, delayed by two years due to cost overruns, highlights the challenges facing US infrastructure development. While the project is expected to improve economic benefits, the delay will weaken the port's competitiveness. Increased competition among East Coast ports, coupled with challenges faced by West Coast ports, underscores the urgency. Infrastructure is vital to the US economy. Increased investment, improved efficiency, and innovative financing are crucial to address global competition and maintain economic strength. The delays raise concerns about the nation's ability to execute critical infrastructure projects effectively.

01/27/2026 Logistics
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Industrial Property Vacancies Hit Record Low As Rents Surge JLL

Industrial Property Vacancies Hit Record Low As Rents Surge JLL

JLL reports that the US industrial real estate market hit a record low vacancy rate of 4.8% in Q2, with rents soaring to $6.62 per square foot, a 5.1% year-over-year increase. The logistics and distribution sector led leasing activity, accounting for 24.9% of total leased space in the first half of the year. Despite active construction projects, net absorption exceeded deliveries, potentially leading to a supply shortage in the long term. Businesses need to carefully select industrial space, and landlords should pay close attention to market changes.

01/28/2026 Logistics Industry Insights
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Logistics MA Activity Slows As Pwc Reports Q3 Shift

Logistics MA Activity Slows As Pwc Reports Q3 Shift

PwC's Q3 report indicates a slight increase in transportation and logistics M&A deal volume, but a decrease in deal value, with smaller, local transactions becoming dominant. The global economic slowdown is a major factor, but large infrastructure projects may become new growth drivers. Strategic investors are dominant, with Asia and Oceania leading the way. Companies should focus on high-quality assets, carefully assess risks, and flexibly adjust their strategies. The report highlights the need for adaptability in a changing global landscape for logistics companies considering mergers and acquisitions.

02/03/2026 Logistics Industry Insights
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Canadas SUV Visa Program Hits Record Immigration Amid Tech Boom

Canadas SUV Visa Program Hits Record Immigration Amid Tech Boom

Jiasheng Venture Capital helps innovative SUV project teams enter the incubator and accelerate project progress. The review of the Canadian SUV Innovation Visa is accelerating, and the number of immigrants continues to climb, reaching a record high in the first three quarters of 2023. Jiasheng Venture Capital predicts that SUV projects will usher in a new wave of climax in 2024, providing comprehensive support for innovative project teams to help them take root in Canada. We offer guidance and resources to navigate the SUV visa process and ensure successful project implementation.

02/03/2026 Logistics Industry Insights
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HEFANG Jewelry Expands to Western Markets

HEFANG Jewelry Expands to Western Markets

HEFANG Jewelry has launched its globalization strategy, aiming to build an international brand within three years. Focusing on the European and American markets, the brand will enhance its global influence through brand building, social media promotion, and collaborative projects. While facing challenges such as market competition and cultural differences, HEFANG Jewelry is poised for success in the international market thanks to its unique designs, stable supply chain, and e-commerce platform. The brand aims to establish a strong presence and capture a significant share of the designer jewelry market.

02/03/2026 Logistics Industry Insights
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Burkina Faso Customs Boosts Skills to Speed Tariff Reform

Burkina Faso Customs Boosts Skills to Speed Tariff Reform

With the support of the WCO MADAO project, Burkina Faso Customs organized a project management training course to enhance the project management capabilities of customs officials, aiming to better implement customs modernization reforms. The training covered key areas such as project organization, governance, and lifecycle. Through a combination of theory and practice, it helped customs establish its own project management methodology, improve project success rates and resource utilization efficiency, and ultimately promote customs modernization. The training aimed to equip officials with the skills to effectively manage and deliver modernization projects.

02/03/2026 Customs Knowledge
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WCOSKKU Scholarship Boosts Customs Data Skills in Developing Nations

WCOSKKU Scholarship Boosts Customs Data Skills in Developing Nations

The World Customs Organization (WCO), in collaboration with Sungkyunkwan University in Korea, has launched a scholarship program in data analysis for customs officials from developing countries. This program aims to cultivate data analysis experts by enhancing their skills and cultural awareness through online and offline courses, practical projects, and cultural excursions. The initiative supports customs administrations in leveraging data-driven insights to improve management practices in the data era. It focuses on building capacity within developing nations to effectively utilize data for enhanced customs operations and decision-making.

02/03/2026 Customs Knowledge
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Port of Los Angeles Rebounds Signaling Shipping Recovery

Port of Los Angeles Rebounds Signaling Shipping Recovery

The Port of Los Angeles saw a 7% year-over-year increase in cargo volume in October, marking the third consecutive month of growth and boosting its market share to 46%. ZIM's resumption of express services signals market confidence. While slightly down month-over-month, the port is proactively addressing challenges by expanding cold chain and e-commerce logistics. Furthermore, the port is committed to a green port strategy, striving for sustainable development amidst a complex economic landscape. The port aims to maintain its competitive edge by adapting to evolving market demands and prioritizing environmental responsibility.

01/16/2026 Logistics
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