Iran Accelerates HS 2017 Translation to Facilitate Trade

Iran Accelerates HS 2017 Translation to Facilitate Trade

Iran Customs is translating the World Customs Organization's HS 2017 Explanatory Notes into Persian. This initiative aims to reduce trade barriers, improve customs clearance efficiency, and provide clearer commodity classification guidance for Iranian import and export businesses. The first two volumes have been released, and translation of the remaining chapters is underway. This effort will facilitate international trade, enhance Iran's trade participation, and revitalize economic development.

01/05/2026 Customs Knowledge
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Pacific Islands Boost Customs Valuation with Expert Program

Pacific Islands Boost Customs Valuation with Expert Program

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) jointly launched the "Master Trainer Programme" to develop customs valuation experts in Pacific Island Countries. This initiative aims to establish a regional training system, enhance customs valuation capabilities, facilitate trade, increase revenue collection, and improve international competitiveness. The first working group activity has been successfully held, laying a solid foundation for future actions.

01/05/2026 Customs Knowledge
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Datadriven Strategy Boosts Amazon Best Seller Success

Datadriven Strategy Boosts Amazon Best Seller Success

This paper addresses the challenge of selecting products with multiple variations on Amazon. It proposes two practical methods: first, utilizing product selection tools to forecast sales; and second, analyzing the ratio of Ratings to Reviews to gain insights into user preferences. The paper emphasizes the importance of combining various data metrics to optimize inventory management, reduce operational risks, and ultimately help sellers achieve profitable growth.

01/06/2026 Logistics Encyclopedia
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Amazon Sellers Gain Edge with Fourdimensional Product Analysis

Amazon Sellers Gain Edge with Fourdimensional Product Analysis

This article introduces the "Competitive Perspective Method" in Amazon product selection. It involves searching for core keywords, analyzing the first seven pages of search results and popular listing ad placements. The goal is to identify competitors with similar styles, paying particular attention to new products. By studying their operational strategies and learning from their successes, you can improve your own product selection success rate.

01/06/2026 Logistics Industry Insights
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Amazon Prime Sale Poses Risks and Rewards for Sellers

Amazon Prime Sale Poses Risks and Rewards for Sellers

Amazon's Prime Fall Deal event concluded, presenting growth opportunities for sellers. However, concerns arose regarding exclusive discount display issues and increased weighting for Amazon's first-party products. Rational promotions became prevalent, with the long-term impact pending data validation. Sellers need to closely monitor market trends and adjust their business strategies accordingly to navigate the evolving landscape and maintain competitiveness in the Amazon marketplace.

01/06/2026 Logistics Industry Insights
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Wayfair Extends Way Day to Three Days Boosting Seller Opportunities

Wayfair Extends Way Day to Three Days Boosting Seller Opportunities

Wayfair's Way Day is extending to three days for the first time, offering sellers greater opportunities. Preparation strategies include optimizing pricing, strengthening the supply chain, refining warehouse management, improving order fulfillment speed, and utilizing advertising effectively. Thorough preparation and proactive engagement are crucial to stand out in the fierce competition and achieve significant sales growth. Get ready to capitalize on this extended event and boost your performance!

12/30/2025 Logistics Industry Insights
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US Freight Decline Points to Economic Slowdown

US Freight Decline Points to Economic Slowdown

The U.S. Freight Transportation Services Index (TSI) decreased in December for the first time in four months, ending a streak of consecutive increases. The index showed an overall growth of 1.0% for the year. However, factors such as supply chain disruptions remain important considerations. This decline warrants attention as broader economic indicators are analyzed and the impact of ongoing supply chain challenges is assessed.

01/20/2026 Logistics
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Railroad Giants UP NS Merger Under Regulatory Review

Railroad Giants UP NS Merger Under Regulatory Review

Union Pacific and Norfolk Southern shareholders overwhelmingly supported the merger, aiming to create the first transcontinental railroad in the US, pending STB approval. This move has sparked industry concerns, with CPKC arguing it's not in the best interest. Senators are calling for close scrutiny, and industry associations worry about reduced competition. The merger faces regulatory challenges and a complex interplay of various stakeholders' interests.

01/21/2026 Logistics
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Paraguayan Guarani Fluctuates Against US Dollar Amid Economic Shifts

Paraguayan Guarani Fluctuates Against US Dollar Amid Economic Shifts

This article analyzes the fluctuations in the exchange rate between the Paraguayan Guarani (PYG) and the US Dollar (USD), while also exploring comparisons with other major currencies and the impact of central bank interest rate policies on the exchange rate. Currently, the PYG exhibits volatility, prompting investors to pay attention to economic trends and market dynamics.

08/11/2025 Exchange Rate Query
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Unicredit SPA Simplifies International Transfers With SWIFT Code

Unicredit SPA Simplifies International Transfers With SWIFT Code

This article provides a detailed overview of UNICREDIT S.P.A.'s SWIFT code UNCRITMM ORO and its significance, emphasizing the crucial role of correctly using the SWIFT code to ensure smooth international remittances. Additionally, it offers specific information and background about the bank, aiming to assist individuals and businesses in conducting cross-border financial transactions more conveniently.

08/14/2025 International Settlement
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