Customs Valuation of Software Carriers Analyzed in DECISION 41 Study

Customs Valuation of Software Carriers Analyzed in DECISION 41 Study

This article interprets the Customs Valuation Committee DECISION 4.1 resolution, addressing the valuation challenges of software carriers. It elaborates on two valuation methods, special circumstances considerations, and corresponding corporate strategies. The aim is to provide clarity and guidance on how to properly value software carriers for customs purposes, ensuring compliance and minimizing potential disputes in international trade. The article offers practical insights for businesses involved in the import and export of software-related products.

02/02/2026 Customs Knowledge
Read More
Global Trade Guide Mastering Formal Customs Declarations

Global Trade Guide Mastering Formal Customs Declarations

This article delves into the crucial role of formal customs declaration in cross-border trade, explaining its definition, functions, and various types. Understanding formal customs declaration enables businesses to ensure compliance in import and export operations, reduce legal risks, improve customs clearance efficiency, and provide better protection for customers. This ultimately leads to greater success in the global market. It emphasizes the importance of adhering to regulations for smooth and efficient international trade processes.

02/03/2026 Customs Knowledge
Read More
Global Trade Relies on Fumigation Certificates for Customs Efficiency

Global Trade Relies on Fumigation Certificates for Customs Efficiency

This article provides an in-depth analysis of the importance of the fumigation certificate in ocean freight, detailing its core value, applicable cargo types, and key considerations for obtaining it. It aims to help foreign trade companies understand the fumigation process, mitigate trade risks, and ensure smooth customs clearance for goods, ultimately unlocking access to the global trade market. The article emphasizes the role of fumigation certificates in ensuring export compliance and facilitating international trade.

02/03/2026 Logistics Encyclopedia
Read More
US Customs Clarifies Import Rules for Smartwatches and Drones

US Customs Clarifies Import Rules for Smartwatches and Drones

The Harmonized System Committee of the World Customs Organization has released its latest commodity classification decisions, clarifying the customs classification standards for high-tech products such as smartwatches and drones. This move helps companies accurately declare import and export goods, reduce trade risks, and promote the improvement of international trade rules. It provides clearer guidelines for customs authorities and businesses alike, ensuring consistent application of tariffs and trade regulations for these rapidly evolving technologies.

02/03/2026 HS Code Query
Read More
Oil Price Drop Strong Dollar Impact US Manufacturing and Services

Oil Price Drop Strong Dollar Impact US Manufacturing and Services

The ISM report indicates that falling oil prices generally benefit manufacturing by lowering raw material costs, while the non-manufacturing sector is less affected. A stronger USD has a complex impact on manufacturing, reducing import costs but weakening export competitiveness. Non-manufacturing is less sensitive to exchange rate fluctuations as it primarily exports services, not goods. Companies should rationally assess the impact of oil prices and exchange rates and adjust their strategies accordingly.

02/03/2026 Logistics Industry Insights
Read More
Oakland Port Hit by Shipping Cancellations As Trade Slows

Oakland Port Hit by Shipping Cancellations As Trade Slows

The Port of Oakland warns that shipping cancellations could lead to a significant drop in cargo volume and pose a threat to export trade. The pandemic has accelerated supply chain restructuring, requiring ports to be flexible and adaptable. Embracing digital transformation and strengthening collaboration are crucial for maintaining competitiveness in the 'new normal'. The port needs to proactively address these challenges to mitigate potential negative impacts and ensure smooth operations for its stakeholders.

02/05/2026 Logistics
Read More
Egypts GOEIC Enhances Trade Efficiency With Tech Upgrades

Egypts GOEIC Enhances Trade Efficiency With Tech Upgrades

This paper analyzes the efforts of the Egyptian General Organization for Export and Import Control (GOEIC) in trade facilitation, focusing on the significant improvements in customs clearance efficiency resulting from its information technology projects. Data shows that cargo release times have been reduced from 7-15 days to 30 minutes-3 days. The paper summarizes Egypt's experience and proposes future prospects for further enhancing trade efficiency through the utilization of big data analytics.

02/05/2026 Customs Knowledge
Read More
Czech Republic Leverages River Ports for Global Trade Growth

Czech Republic Leverages River Ports for Global Trade Growth

The Czech Republic, a landlocked country, ingeniously utilizes inland waterway transport to connect with neighboring seaports, creating a unique maritime system. Děčín, Ústí nad Labem, and Lovosice are key port hubs, facilitating Czech import and export trade, supporting industrial development, and generating employment. These ports are actively investing in clean energy and implementing waste management practices, demonstrating a commitment to sustainable development. This system provides crucial access to global markets despite the country's geographical limitations.

02/06/2026 Port Encyclopedia
Read More
Guide to Doortodoor International Shipping Explained

Guide to Doortodoor International Shipping Explained

This article provides a detailed analysis of the entire process of international express "door-to-door" service. It covers aspects such as pick-up at the origin, domestic transit and distribution, export customs clearance, international line-haul transportation, import customs clearance in the destination country, and last-mile delivery. The aim is to help readers comprehensively understand the operational mechanisms of this service, enabling them to utilize international express services more efficiently.

02/06/2026 Logistics Encyclopedia
Read More
Chinaindia Sea Freight Routes Expand with Key Ports for Efficiency

Chinaindia Sea Freight Routes Expand with Key Ports for Efficiency

This article provides a detailed overview of China-India shipping, including timelines, routes, and port information. It analyzes key factors influencing shipping time to help import and export traders optimize their logistics plans, improve trade efficiency, and control logistics time. The aim is to offer practical guidance for businesses engaged in trade between China and India, enabling them to make informed decisions regarding their shipping strategies and ultimately enhance their overall supply chain performance.

02/12/2026 Logistics
Read More