Latvia and China Strengthen Cultural Ties Via Amber Road

Latvia and China Strengthen Cultural Ties Via Amber Road

Latvia and China's relationship is growing stronger, with increasing trade volume and frequent cultural exchanges. Educational cooperation is deepening, tourism is flourishing, and scientific and technological collaboration is yielding fruitful results. Latvian products like amber and timber are popular in the Chinese market, while Chinese tourists are interested in Latvia's natural landscapes and historical sites. Cooperation in various fields brings tangible benefits to the people of both countries. The strengthening ties highlight a mutually beneficial partnership built on economic and cultural foundations.

02/02/2026 Logistics Encyclopedia
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WCO Issues Guidance on Customs Valuation and Transfer Pricing

WCO Issues Guidance on Customs Valuation and Transfer Pricing

The World Customs Organization (WCO) guide aims to harmonize customs valuation and transfer pricing, addressing the challenges posed by related-party transactions. It draws on practical experiences from various countries. The guide seeks to provide clarity and promote consistent application of valuation principles in the context of international trade, especially when dealing with multinational enterprises and their internal pricing policies. This harmonization effort is crucial for ensuring fair revenue collection and preventing trade distortions arising from discrepancies between customs valuation and transfer pricing methodologies.

02/02/2026 Customs Knowledge
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DSV Boosts Semiconductor and Latin America Logistics Via Acquisitions

DSV Boosts Semiconductor and Latin America Logistics Via Acquisitions

DSV's acquisition of S&M Moving Systems West and Global Diversity Logistics aims to strengthen its position in the semiconductor industry, synergize with Phoenix-Mesa Gateway Airport operations, and expand cross-border services in Latin America. This acquisition reflects the accelerating trend of consolidation and service specialization within the logistics sector and marks a significant step in DSV's global strategic positioning. The move is expected to enhance DSV's capabilities in handling complex logistics needs and further solidify its presence in key markets.

02/04/2026 Logistics
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3PL Industry Adapts to Digital Shift and Green Logistics

3PL Industry Adapts to Digital Shift and Green Logistics

The 2020 Third-Party Logistics research report highlights digital transformation, supply chain finance, and green logistics as crucial for enhancing 3PL competitiveness. Companies should strengthen collaboration with 3PLs, invest in technology, embrace disruptive technologies, improve supply chain finance management, and implement green logistics strategies. These efforts will optimize supply chains, reduce costs, improve service levels, and achieve sustainable growth. Focusing on these areas allows businesses to leverage 3PL expertise for greater efficiency and resilience in a rapidly evolving market.

02/04/2026 Logistics Industry Insights
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Diesel Prices Hit 16week High Straining Truckers and Consumers

Diesel Prices Hit 16week High Straining Truckers and Consumers

U.S. diesel prices have risen for 16 consecutive weeks, putting pressure on key industries like transportation, agriculture, and construction. This article analyzes the reasons and impacts of the price surge, and proposes strategies for businesses, individuals, and the government to cope with the situation. The aim is to stabilize the market and safeguard people's livelihoods. The continuous increase in diesel prices is a concerning trend that requires careful consideration and proactive measures to mitigate its adverse effects on the economy and consumers.

02/04/2026 Logistics Industry Insights
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Trucking and Logistics Firms Outline 2026 Supply Chain Plans

Trucking and Logistics Firms Outline 2026 Supply Chain Plans

The CSCMP EDGE conference highlighted the current state of ground transportation. The trucking industry faces overcapacity and regulatory hurdles. The parcel delivery market is undergoing reshuffling, while the LTL sector urgently needs digital transformation. Shippers should closely monitor market dynamics, adapt strategies accordingly, and build long-term partnerships with reliable carriers to remain competitive in the future supply chain landscape. They need to be agile and proactive in navigating these changes to ensure resilience and efficiency in their operations.

02/04/2026 Logistics Industry Insights
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Rail Industry Leader Details Freight Policy and Growth Strategies

Rail Industry Leader Details Freight Policy and Growth Strategies

AAR President Ian Jefferies interprets the current policy and regulatory environment for rail freight, focusing on the Surface Transportation Act, the evolving role of the STB, and the industry's demands and development vision regarding efficiency, safety, innovation, and sustainability. The article also explores the development trends of diversified rail freight demand, intelligent operation, green and low-carbon initiatives, and integrated multimodal transportation from a data analysis perspective. It highlights the industry's commitment to meeting evolving customer needs while prioritizing responsible and sustainable practices.

02/04/2026 Logistics Industry Insights
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US Truck and Trailer Orders Drop Sharply Raising Concerns

US Truck and Trailer Orders Drop Sharply Raising Concerns

US Class 8 truck and trailer orders fell 39% year-over-year in January, drawing market attention. The report indicates that the decline is a correction from previous high growth, while underlying demand remains strong. Experts believe the market outlook is optimistic, but structural opportunities should be closely monitored. The divergence in performance between truck and trailer orders necessitates a rational view of market fluctuations and a focus on future development trends. This requires careful analysis to understand the nuances of the current freight economy.

02/04/2026 Logistics
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Amazon and Tiktok Shop Compete in 2026 Ecommerce Battle

Amazon and Tiktok Shop Compete in 2026 Ecommerce Battle

In 2026, cross-border e-commerce will see Amazon and TikTok Shop competing closely. This article provides an in-depth comparison of their sales models, target audiences, marketing strategies, and platform advantages/disadvantages, offering platform selection advice for sellers. It highlights Amazon's suitability for steady growth, while TikTok Shop is beneficial for rapid exposure, suggesting a combined approach for mutual benefit. Furthermore, it analyzes marketing strategies, account security, and common issues, aiming to help cross-border e-commerce entrepreneurs seize opportunities.

02/03/2026 Logistics Industry Insights
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Global Press Release Distribution Strategies Beyond AP and Bloomberg

Global Press Release Distribution Strategies Beyond AP and Bloomberg

Beyond Associated Press and Bloomberg, numerous high-quality media platforms exist for overseas press release distribution. This article delves into the characteristics of mainstream media outlets like Reuters, Forbes, and The Wall Street Journal. It offers platform selection strategies to assist companies in developing customized plans based on their target audience, news topic, and budget, ultimately enhancing their international influence. Choosing the right platform is crucial for effective brand globalization and reaching the desired readership with your overseas press release.

02/03/2026 Logistics Industry Insights
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