Costa Rica Streamlines Trade with New Customs Preruling System

Costa Rica Streamlines Trade with New Customs Preruling System

The World Customs Organization (WCO) is assisting Costa Rica in upgrading its customs system, with a focus on implementing an Advance Ruling System to enhance commodity classification and origin management, thereby facilitating trade. This initiative aims to improve customs clearance efficiency, reduce trade costs, and increase trade certainty by providing businesses with clearer expectations. This approach is a valuable model for other countries and businesses seeking to streamline their customs processes and improve trade efficiency.

01/26/2026 Customs Knowledge
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New Global Guidelines Clarify Customs Valuation of Franchise Fees

New Global Guidelines Clarify Customs Valuation of Franchise Fees

The World Customs Organization issued a new advisory opinion clarifying that franchise fees should not be included in the customs valuation of imported goods under specific circumstances. Originating from a Mexican case and confirmed by the Technical Committee on Customs Valuation, this opinion aims to reduce import costs for businesses and enhance customs valuation transparency. Companies should study the opinion, assess their franchise agreements, and communicate with customs authorities to ensure valuation compliance and capitalize on trade opportunities. This helps in correctly determining the dutiable value and avoiding potential penalties.

01/26/2026 Customs Knowledge
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Chongqing Hosts Global Railway Intermodal Summit on New Trends

Chongqing Hosts Global Railway Intermodal Summit on New Trends

Chongqing will host the International Rail Intermodal Summit in September 2026, focusing on the development of corridors such as the China-Europe Railway Express. The summit aims to promote exchange and cooperation, contributing to the Belt and Road Initiative. It will provide a platform for stakeholders to discuss challenges and opportunities in rail intermodal transport and explore innovative solutions for enhancing connectivity and efficiency along these vital trade routes. The event is expected to attract participants from various countries and industries.

01/26/2026 Logistics
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Denmark Celebrates New Year with Traditions and Culinary Delights

Denmark Celebrates New Year with Traditions and Culinary Delights

Danish New Year's Eve, "Nytårsaften," is a significant social and cultural holiday celebrated with candlelight, countdowns, fireworks, traditional cuisine, and street parties. People bid farewell to the old year and welcome a hopeful new year through cozy family dinners and lively street celebrations. It's a time for reflection and anticipation as Danes gather to mark the transition and embrace the possibilities that lie ahead. The festive atmosphere permeates the country, creating a memorable experience for all.

01/26/2026 Logistics Encyclopedia
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Google Ads Key Pitfalls to Avoid for New Accounts

Google Ads Key Pitfalls to Avoid for New Accounts

This article delves into four common pitfalls during the cold start phase of new Google Ads accounts: display network, smart bidding, broad match keywords, and the 2x budget rule. It provides corresponding solutions to help advertisers effectively control their budget and achieve precise targeting. Avoiding these traps enables advertisers to utilize their budget more efficiently, improve ad performance, and drive business growth. By understanding and addressing these issues, advertisers can optimize their campaigns and maximize their return on investment.

01/26/2026 Logistics Industry Insights
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SEKO Logistics Expands UK Operations with New Airfreight Hub

SEKO Logistics Expands UK Operations with New Airfreight Hub

SEKO Logistics has announced the investment in a flagship air freight and omni-channel parcel service center near London Heathrow Airport. This initiative aims to support the global expansion of UK brands and cater to the increasing demands of cross-border e-commerce. The center will provide comprehensive services to optimize logistics efficiency and empower UK businesses to achieve greater success in the global market. This strategic investment underscores SEKO's commitment to facilitating seamless and efficient international trade for its clients.

01/29/2026 Logistics
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Ecommerce Warehouses Cut Costs Boost Speed with New Systems

Ecommerce Warehouses Cut Costs Boost Speed with New Systems

Traditional warehouse management faces challenges due to rapid e-commerce growth and high customer expectations. Intelligent WMS helps companies control costs, improve efficiency, and gain a competitive edge through refined inventory management, optimized order fulfillment processes, and data-driven decision-making. Investing in a smart WMS is crucial for businesses to address market challenges and achieve sustainable development. It enables better visibility, reduces errors, and streamlines operations, ultimately leading to increased customer satisfaction and profitability.

01/28/2026 Warehousing
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Economist Hassett Predicts US Rate Cuts New Growth Drivers

Economist Hassett Predicts US Rate Cuts New Growth Drivers

White House economic advisor Hassett believes the US has significant room for interest rate cuts, potentially leading to a return to 3% economic growth and 1% inflation. He highlighted productivity gains driven by AI and shared his views on trade and Federal Reserve policies. Investors should pay close attention to policy changes and economic data, while cautiously managing market risks. This outlook suggests potential opportunities and challenges depending on how these factors evolve.

01/28/2026 Exchange Rate Query
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New Zealand Seeks Meat Fiber to Counter Dairy Slump

New Zealand Seeks Meat Fiber to Counter Dairy Slump

New Zealand's commodity market faces contrasting fortunes. The dairy industry suffers from a global oversupply, leading to price declines. Conversely, meat and fiber prices are surging, reaching record highs. Volatile New Zealand dollar exchange rates exacerbate domestic market pressures. Despite dairy weakness, the domestic economy shows signs of recovery. New Zealand needs diversification, strengthening dairy competitiveness, expanding into emerging markets, and actively developing its meat and wool industries to address market challenges and achieve economic breakthrough by 2026.

01/28/2026 Logistics Industry Insights
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Mangaia Island Expands Travel Access with New Airport Codes

Mangaia Island Expands Travel Access with New Airport Codes

This article provides an in-depth analysis of Mangaia Airport, detailing its IATA code (MGS) and ICAO code (NCMG). It outlines the airport's geographical location, the primary operating airline (Air Rarotonga), and available airport facilities. Furthermore, the abstract highlights the allure of Mangaia Island as a unique tourist destination and offers practical advice for travelers planning a visit. The information aims to assist individuals interested in understanding the airport's role in connecting Mangaia Island to the rest of the Cook Islands and beyond.

01/27/2026 Airport Codes
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