USPS Faces Financial Crisis Amid Congressional Gridlock

USPS Faces Financial Crisis Amid Congressional Gridlock

The United States Postal Service (USPS) faces challenges including digital transformation, increased competition, and high operating costs. To survive, USPS has launched a five-year business plan aiming to cut costs and expand its business through internal reforms and legislative support. However, Congressional attitudes and market changes remain key uncertainties for USPS's future development. Whether USPS can successfully transform is crucial not only for its own fate but also for the American economy.

01/21/2026 Logistics
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Trade War Uncertainty Weighs on Winter Freight Demand

Trade War Uncertainty Weighs on Winter Freight Demand

The US-led trade war introduces uncertainty into the freight economy, leading to decreased demand, supply chain disruptions, and increased costs. Businesses should diversify markets, optimize supply chains, improve efficiency, and strengthen risk management. Governments should stabilize policies, provide support, and enhance cooperation. The trade war has profound implications for global economic growth, inflation, and geopolitics. In the long term, it will reshape global supply chains, intensify technological competition, and alter international relations.

01/21/2026 Logistics Industry Insights
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Pacific Islands Boost Customs Skills Via WCOJICA Training

Pacific Islands Boost Customs Skills Via WCOJICA Training

The World Customs Organization (WCO) and Japan International Cooperation Agency (JICA) joint project's Mentor Training Programme (MTP) has been successfully implemented in Pacific Island Countries. By training local trainers, the program builds sustainable customs capacity and enhances the expertise of customs officers in the areas of Customs Valuation (CV) and the Harmonized System (HS). This initiative provides strong support for regional economic development by strengthening customs administration and promoting efficient trade facilitation.

02/12/2026 Customs Knowledge
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Comoros Customs Adopts Harmonized System to Boost Trade Efficiency

Comoros Customs Adopts Harmonized System to Boost Trade Efficiency

Comoros Customs is actively preparing for the early application of the Harmonized System (HS) through capacity building and expert support. This initiative aims to improve trade efficiency, optimize tariff management, and attract foreign investment. This presents opportunities for businesses, requiring them to strengthen their understanding of the HS, optimize supply chains, and expand market channels. Establishing a strong partnership with Comoros Customs is crucial to collectively embrace a bright future for trade development.

02/12/2026 Customs Knowledge
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Uzbekistan Boosts Customs Efficiency with SECOWCO Aid

Uzbekistan Boosts Customs Efficiency with SECOWCO Aid

Uzbekistan Customs, with the support of the SECO-WCO Global Trade Facilitation Programme, held a workshop on strategic planning and performance evaluation. The aim was to enhance customs' strategic planning and performance management capabilities. By strengthening strategic planning, clarifying strategic objectives, improving performance management, and developing key performance indicators (KPIs), Uzbekistan Customs is committed to building an efficient performance management system. This effort is geared towards promoting international trade facilitation and enhancing national competitiveness.

02/12/2026 Customs Knowledge
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WCO Releases IT Guide for Digital Customs Modernization

WCO Releases IT Guide for Digital Customs Modernization

The World Customs Organization (WCO) has released an IT Guide to assist customs leaders in digital transformation. This guide aims to enhance efficiency, security, and service delivery within customs administrations worldwide. By leveraging information technology, customs organizations can streamline processes, improve risk management, and ultimately support trade facilitation efforts, contributing to a more efficient and secure global trading environment. The guide provides practical insights and best practices for implementing digital solutions within the customs domain.

02/12/2026 Customs Knowledge
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Madagascar Boosts Trade with Wcosupported AEO Program

Madagascar Boosts Trade with Wcosupported AEO Program

A World Customs Organization (WCO) expert team visited Madagascar to assist its customs administration in implementing the Authorized Economic Operator (AEO) program. The goal is to enhance supply chain security and efficiency, thereby promoting trade facilitation. The mission covered AEO simplified procedures, customs support measures, standards and benefits, and international best practices. This initiative aims to bring new highlights to Madagascar's customs management and lay the foundation for the country's sustainable economic development.

02/12/2026 Customs Knowledge
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Payoneer Adds Indonesian Rupiah Mexican Peso for Crossborder Payments

Payoneer Adds Indonesian Rupiah Mexican Peso for Crossborder Payments

Payoneer has upgraded its payment platform to support local collections in Indonesian Rupiah (IDR) and Mexican Peso (MXN), simplifying cross-border payment processes, reducing transaction costs, and accelerating cash flow. This initiative aims to empower e-commerce businesses to expand into Southeast Asian and Latin American markets, enhancing their competitiveness in the global market. The new feature streamlines receiving payments in local currencies, making it easier for businesses to operate and grow internationally.

02/12/2026 International Settlement
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UK and China Strengthen Trade Relations with New Agreements

UK and China Strengthen Trade Relations with New Agreements

The UK and China signed a memorandum on "Exporting to China," making the UK the first country to establish a trade facilitation mechanism. Both sides initiated research on a service trade agreement, deepening cooperation in creative industries and financial services. Strengthening the function of the China-UK Joint Economic and Trade Commission enhances government-business collaboration efficiency, providing stronger support for companies from both countries. This aims to further boost bilateral trade and investment ties.

02/12/2026 Customs Knowledge
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Shenzhen Expands Dutyfree Ecommerce Access

Shenzhen Expands Dutyfree Ecommerce Access

Shenzhen's cross-border e-commerce online comprehensive service platform has upgraded its "Tax Exemption Without Invoice" registration module, enabling a fully electronic process. Companies can schedule registrations in advance with clear operational guidelines. This initiative aims to optimize the business environment, support the development of cross-border e-commerce, and help companies easily benefit from policy dividends. The upgrade streamlines the process and improves accessibility for businesses seeking tax exemptions, fostering growth within the sector.

02/12/2026 Customs Knowledge
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