This article provides a comprehensive overview of the importance of customs declaration codes, product units, currency codes, country codes, and customs classification codes in international trade. It helps businesses better understand and navigate logistics and trade processes, thereby improving management efficiency.
MIT's recently developed RFly system integrates drones and RFID technology to enhance the efficiency and accuracy of warehouse inventory management. The system enables drones to quickly and accurately locate stock, minimizing errors, particularly in dense warehouse environments. The innovation of RFly lies in its signal bridge design, ensuring timely information transmission and saving companies substantial losses. Once widely adopted, this technology is expected to advance the development of drone delivery services in logistics.
Under the Mercator Program, the World Customs Organization (WCO) supports Sierra Leone in deploying the nCEN system to enhance risk management and customs valuation capabilities. Through technical assistance, training, and experience sharing, the WCO assists Sierra Leone in establishing an efficient and secure customs system, promoting trade facilitation and economic development. This initiative aims to strengthen customs procedures and improve overall border management in Sierra Leone, contributing to a more streamlined and secure trading environment.
The World Customs Organization (WCO) Cargo Targeting System (CTS) air cargo capability has been piloted in New Zealand, aiming to enhance global air cargo risk assessment and pre-inspection capabilities. The New Zealand Customs Service will comprehensively test and evaluate the system, providing customs agencies worldwide with smarter, more efficient risk management tools. This initiative contributes to building a safer and more convenient global trade environment by improving the ability to identify and mitigate potential threats in air cargo shipments before they reach their destination.
Hong Kong International Airport (HKIA) saw a 4.1% year-on-year increase in cargo volume in January 2025, reaching 394,000 tonnes, with a significant rise in transshipments. The Three-Runway System is now operational, enhancing airport capacity. Despite potential trade policy challenges, HKIA remains committed to achieving its target of 10 million tonnes of annual cargo volume, solidifying its position as an international aviation hub.
Amazon sellers are facing a double whammy: another system bug coupled with new Prime exclusive discount fee rules. This article analyzes the impact of these two events and provides actionable advice for sellers to enhance product competitiveness, optimize operational strategies, reduce costs, diversify channels, and cope with system errors. Specifically, it offers guidance on navigating the challenges and thriving on the Amazon platform amidst these disruptions. Sellers can leverage these insights to improve their business and overcome the current difficulties.
The World Customs Organization (WCO) held a Post Clearance Audit (PCA) expert group workshop in Canada to revise the 2012 WCO PCA Guidelines and enhance global customs audit capabilities. Customs experts from six regions shared experiences and discussed key issues such as risk management and data analysis. The WCO will continue to follow up and utilize the CLiKC! platform to promote communication, helping customs administrations worldwide build more efficient and accurate audit systems.
The World Customs Organization (WCO) conducted a diagnostic assessment of Jordan Customs' Post Clearance Audit (PCA) system to help Jordan establish an efficient and compliant trade system aligned with international standards. The assessment covered areas such as risk management, information technology, and personnel training, and provided recommendations for improvement. This report will serve as a crucial reference for Jordan Customs in modernizing its PCA system and enhancing its international competitiveness. It aims to support Jordan in achieving trade facilitation goals through improved customs procedures and compliance.
This article provides an in-depth analysis of key aspects for listing new products on Jumia, including pre-listing considerations, choosing between VC/SC Seller Center, using MangoShop ERP, product pricing, category selection, title optimization, detail page writing, and direct mail logistics rules. It aims to help sellers avoid pitfalls, efficiently list new products, boost store traffic, and achieve success in the African e-commerce market. The guide covers practical strategies for maximizing visibility and sales potential on the Jumia platform.
Walmart's advertising integration with social media platforms presents new traffic opportunities for sellers. However, challenges remain, including complex platform operations and insufficient data analysis. This article analyzes how successful sellers break through these obstacles by leveraging ERP systems for efficiency, preventing copycat sellers, optimizing listings, monitoring rankings, managing WFS inventory, and accurately calculating profits. It also emphasizes the importance of selecting a suitable Service Provider Network (SPN) partner to navigate these complexities and maximize returns within the Walmart marketplace ecosystem.
