WCO Issues New Customs Valuation Guidance for Trade Compliance

WCO Issues New Customs Valuation Guidance for Trade Compliance

The World Customs Organization is set to release new Explanatory Note 7.1, aiming to clarify the meaning of 'price actually paid or payable' and assist businesses in more accurately performing customs valuation. Companies should thoroughly understand the new regulations, optimize their valuation strategies, reduce trade costs, and improve compliance levels, thereby gaining a competitive edge in cross-border trade. This updated guidance is crucial for navigating the complexities of international trade and ensuring accurate declaration of goods.

01/26/2026 Customs Knowledge
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Smart Truckload Solutions Cut Empty Space Costs

Smart Truckload Solutions Cut Empty Space Costs

North American companies lose significant money annually due to 'empty miles' in Full Truckload (FTL) shipping. Flock Freight's Instant Prebate program addresses this by offering discounts based on actual load size through an on-demand pricing model, avoiding payment for unused space. This program leverages shared truckload services, increasing truck utilization, reducing costs, and enabling more efficient, economical, and sustainable transportation. It aims to minimize the financial impact of underutilized truck capacity and optimize logistics spending.

01/26/2026 Logistics Industry Insights
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JAXPORT Strengthens Global Trade Amid Logistics Challenges

JAXPORT Strengthens Global Trade Amid Logistics Challenges

JAXPORT, branded as 'America's Logistics Center', offers businesses significant advantages in cost reduction, global network expansion, and improved market responsiveness due to its prime location, robust infrastructure, and efficient operations. Choosing JAXPORT empowers companies to gain a competitive edge in the global marketplace. Its strategic position facilitates seamless connections across various transportation modes, optimizing supply chains and streamlining international trade. Ultimately, JAXPORT provides a comprehensive solution for businesses seeking to enhance their global reach and operational efficiency.

01/26/2026 Logistics Industry Insights
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Freight Forwarders Streamline Global Trade Logistics

Freight Forwarders Streamline Global Trade Logistics

International freight forwarding serves as the 'logistics brain' for foreign trade enterprises. By optimizing transportation plans, customs clearance, inspection, logistics tracking, and cost control, it helps businesses reduce risks, improve efficiency, and optimize costs. Choosing the right freight forwarder can give companies a competitive edge in the global market. They streamline the complex processes involved in international shipping, ensuring goods move seamlessly and efficiently across borders, ultimately contributing to a stronger and more resilient supply chain.

01/26/2026 Logistics Encyclopedia
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Logistics Firms Turn to Outsourced Transport for Cost Savings

Logistics Firms Turn to Outsourced Transport for Cost Savings

Outsourced transportation management is a strategic decision where companies partner with specialized third-party logistics providers to reduce transportation costs, improve fleet efficiency, enhance customer service, and increase on-time delivery rates. Successful implementation requires clearly defining needs, evaluating potential suppliers, establishing robust agreements, building effective communication channels, and continuously optimizing processes. This approach allows businesses to focus on their core competencies while leveraging the expertise of logistics professionals to streamline their supply chain and achieve significant cost savings.

01/26/2026 Logistics Industry Insights
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Logistics Sector Grapples With Tech Labor and Supply Chain Woes

Logistics Sector Grapples With Tech Labor and Supply Chain Woes

The logistics industry faces three major challenges: technological innovation, labor shortages, and supply chain resilience. Companies need to embrace new technologies like real-time location systems and AI to optimize fleet management, strengthen supply chain risk management, and improve warehouse operational efficiency. Addressing labor shortages requires increasing wages and benefits, and improving the work environment. By tackling these challenges head-on, businesses can maintain competitiveness in a volatile market and ensure a more robust and efficient logistics ecosystem.

01/26/2026 Logistics Industry Insights
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China Showcases Industrial Growth at Russias INNOPROM 2026

China Showcases Industrial Growth at Russias INNOPROM 2026

The INNOPROM Industrial Exhibition in Yekaterinburg, Russia in 2026, presents a prime opportunity for Chinese companies to enter the Russian market. Following the Russia-Ukraine conflict and the subsequent withdrawal of Western markets, demand for Chinese industrial products in Russia has increased. Chinese enterprises should seize this opportunity, focusing on sectors like industrial automation, machinery manufacturing, metalworking, power and energy, and transportation machinery. This will help fill market gaps and achieve mutually beneficial outcomes for both China and Russia.

01/26/2026 Logistics Industry Insights
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Alibaba Clouds Linkedmall Saas Unveils Global Ecommerce Commission Plan

Alibaba Clouds Linkedmall Saas Unveils Global Ecommerce Commission Plan

This article provides an in-depth analysis of the commission structure for Alibaba Cloud's independent website SaaS service. It covers platform usage fees, payment processing fees, value-added service fees, and transaction commissions, offering selection advice for businesses. Companies should comprehensively consider factors such as service scope, cost-effectiveness, and technical support to choose the solution that best suits their needs. This will enable them to better leverage the Alibaba Cloud platform for overseas market expansion.

01/26/2026 Logistics Encyclopedia
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Global Firms Adopt Advanced Trade Marketing for Overseas Expansion

Global Firms Adopt Advanced Trade Marketing for Overseas Expansion

This article provides an in-depth analysis of the definition, core methods, and golden rules of foreign trade marketing, aiming to help businesses master key strategies for accessing the global market. Driven by three engines – online marketing, exhibition marketing, and public relations – and adhering to three principles – customer first, global perspective, and long-term focus – companies can effectively enhance brand influence and achieve explosive business growth. It provides insights on how to leverage these strategies for successful global expansion.

01/26/2026 Customs Knowledge
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Key Tips for Selecting a Web Design Firm to Boost Exports

Key Tips for Selecting a Web Design Firm to Boost Exports

Choosing the right foreign trade website building company is crucial for export success. This article details key considerations when selecting a company, focusing on six aspects: professionalism, office location, pricing plans, after-sales service, case studies, and overseas promotion experience. We recommend Shoptop Enterprise Edition package and Google Ads advertising services to help foreign trade companies build a high-conversion overseas marketing presence. By considering these factors, businesses can ensure their website effectively attracts and converts international customers.

01/26/2026 Logistics Encyclopedia
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