New HS 2028 Codes Target Plastic Waste Trade for Environmental Compliance

New HS 2028 Codes Target Plastic Waste Trade for Environmental Compliance

The HS 2028 customs coding system has been updated to include specific subheadings for plastic waste. This enhancement allows for more accurate identification and tracking of transboundary movements of hazardous plastic waste. This update assists customs authorities and businesses in effectively implementing the Basel Convention, contributing to global efforts to address the growing plastic pollution crisis. The new subheadings provide a more granular level of detail, enabling better monitoring and control of plastic waste shipments and supporting international cooperation in environmental protection.

02/12/2026 HS Code Query
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Global Air Cargo Slows Amid Trade Slump Hints at Future Growth

Global Air Cargo Slows Amid Trade Slump Hints at Future Growth

Global air cargo volumes fell 5.6% year-on-year in February 2016, the largest drop in three years. However, considering the impact of Chinese New Year and the US West Coast port congestion last year, year-to-date data shows only a slight decrease in global cargo volumes. Excess capacity and weak global trade continue to put pressure on the industry, with significant divergence in regional market performance. The Middle East saw slower growth, North America benefited from increased imports, and Europe performed moderately.

02/12/2026 Logistics Industry Insights
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Key Tips for Selecting a US Freight Forwarder in Global Trade

Key Tips for Selecting a US Freight Forwarder in Global Trade

Choosing the right US ocean freight forwarder is crucial in global trade. This article delves into the roles and responsibilities, service types of freight forwarders, and provides key considerations for selecting one. The aim is to help businesses efficiently choose partners, optimize logistics efficiency, and reduce operating costs, thereby successfully expanding into the international market. Selecting a reliable forwarder ensures smooth transit and customs clearance, ultimately contributing to a more competitive and profitable international business operation.

02/02/2026 Logistics Encyclopedia
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Shanghai to Abu Dhabi Sea Freight Costs Decline Amid Trade Shift

Shanghai to Abu Dhabi Sea Freight Costs Decline Amid Trade Shift

This article provides an in-depth analysis of the advantages and considerations for sea freight from Shanghai to Abu Dhabi. It compares sea freight with air freight, highlighting the advantages of sea freight in terms of cost, reliability, and environmental protection. The article details the factors influencing sea freight prices, timeliness options, and pre-shipment preparations. It also answers frequently asked questions, aiming to help readers complete international logistics transportation more economically and efficiently. It serves as a practical guide for businesses seeking cost-effective shipping solutions to Abu Dhabi.

02/02/2026 Logistics
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EU Weighs High Tariffs on Chinese Hybrid Cars Amid Trade Spat

EU Weighs High Tariffs on Chinese Hybrid Cars Amid Trade Spat

The EU is considering imposing tariffs of up to 35.3% on Chinese hybrid vehicles, potentially reaching 45% with existing rates. This stems from surging Chinese hybrid vehicle exports and EU concerns about subsidies. Simultaneously, the US exhibits protectionist tendencies, threatening tariffs on French goods. These events highlight escalating global trade friction and rising protectionism, creating uncertainty for the global economy. The proposed EU tariffs and US threats exemplify the growing trend of trade disputes and potential barriers to international commerce.

02/03/2026 Customs Knowledge
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EC Markets and Liverpool FC Launch hold or Trade Financefootball Campaign

EC Markets and Liverpool FC Launch hold or Trade Financefootball Campaign

EC Markets partnered with Liverpool Football Club to launch the 'Hold or Trade' campaign, innovatively connecting football decisions with financial trading. Through vivid examples and interactive content, the campaign aims to help audiences understand risk assessment, the impact of mindset on outcomes, and the inspiration of football decisions on financial behavior. It ultimately seeks to improve financial literacy and establish sound investment principles. The campaign uses the excitement of football to engage a wider audience and make financial concepts more accessible and relatable.

02/04/2026 Logistics Industry Insights
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Egypts Sokhna Port Emerges As Key Trade Hub for Three Continents

Egypts Sokhna Port Emerges As Key Trade Hub for Three Continents

This article provides an in-depth analysis of Sokhna Port's locational advantages, shipping network, customs clearance procedures, logistics services, and fee structure, revealing its strategic importance as a trade hub connecting Asia, Europe, and Africa. By analyzing operational data and partner shipping companies, it offers practical guidance for import and export businesses to efficiently utilize Sokhna Port. The aim is to help optimize logistics costs and enhance supply chain resilience. This serves as a valuable resource for businesses seeking to leverage Sokhna Port's capabilities for international trade.

12/31/2025 Port Encyclopedia
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Cuba Calls on WTO to Address Trade Barriers Masked As Regulations

Cuba Calls on WTO to Address Trade Barriers Masked As Regulations

Cuba proposed strengthening GATT Article V at the WTO, aiming to prevent members from imposing trade barriers based on "non-commercial reasons," restricting the free transit of goods and means of transport. The proposal emphasizes the principle of non-discrimination, calling for a clear definition of "non-commercial reasons," enhanced review mechanisms, and the establishment of dispute resolution mechanisms. The goal is to build a fairer and more transparent international trade system by addressing potential abuses of trade restrictions under the guise of non-commercial justifications.

02/06/2026 Customs Knowledge
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Prologis IBI Indicates Logistics Real Estate Demand Shift Amid Trade Volatility

Prologis IBI Indicates Logistics Real Estate Demand Shift Amid Trade Volatility

The Prologis Industrial Business Indicator (IBI) signals a turning point in logistics real estate demand, with the Q3 IBI activity index at 53. Net absorption, new lease signings, and the pipeline of projects under construction have all increased. The report highlights the impact of trade fluctuations, noting a non-linear market recovery. Large enterprises and e-commerce companies are driving growth. Businesses should monitor market dynamics, optimize supply chain strategies, and collaborate with specialized institutions to navigate the evolving landscape.

01/15/2026 Logistics Industry Insights
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Chinaus Trade Deal Offers Opportunities for Export Firms in Kuala Lumpur

Chinaus Trade Deal Offers Opportunities for Export Firms in Kuala Lumpur

The 2025 Sino-US Kuala Lumpur Agreement brings benefits to the exhibition trade industry, including tariff reductions and relaxed technology restrictions. Companies should seize this opportunity to adjust product strategies and actively participate in professional exhibitions in Europe and the United States. At the same time, they should pay attention to potential risks and formulate countermeasures to enhance competitiveness. This agreement presents a significant policy opportunity for businesses involved in exhibition trade and offers potential for increased growth and expansion in international markets.

10/28/2025 Logistics Industry Insights
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