Global Container Shipping Grapples With Supply Chain Crisis

Global Container Shipping Grapples With Supply Chain Crisis

Everstream Analytics expert Jena Santoro analyzes four key challenges facing the container shipping market: potential port strikes, the Red Sea crisis, import growth pressures, and tariff policy uncertainty. She advises businesses to establish robust risk management systems and enhance supply chain monitoring to navigate these challenges. Proactive risk mitigation strategies are crucial for companies to minimize disruptions and maintain operational resilience amidst these evolving global trade dynamics. Implementing these measures will help companies better prepare for and respond to potential disruptions.

01/21/2026 Logistics Industry Insights
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Peru Boosts Customs Oversight with Global Partnerships

Peru Boosts Customs Oversight with Global Partnerships

Peru hosted a virtual forum to discuss risk management in customs valuation. Participating countries shared their experiences, highlighting best practices and challenges. The Peruvian Customs Service outlined plans to strengthen value verification processes and deepen public-private partnerships to improve compliance and combat fraud. The forum emphasized the importance of international cooperation in addressing valuation-related risks and ensuring fair trade practices. The discussions focused on leveraging technology and data analysis to enhance risk assessment and improve the efficiency of customs operations.

01/26/2026 Customs Knowledge
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Kenya Boosts Trade Efficiency with WCO JICA Aid

Kenya Boosts Trade Efficiency with WCO JICA Aid

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) are jointly supporting the Kenya Revenue Authority (KRA) to enhance its risk assessment and selectivity capabilities, addressing new trade challenges in East Africa. Using a two-pronged approach combining expert discussions and practical exercises, Kenyan Customs actively participates in building a smart customs administration. This initiative aims to improve clearance efficiency, promote trade facilitation, and ultimately contribute to Kenya's economic growth.

01/05/2026 Customs Knowledge
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Bolivia Enhances Trade Efficiency Through Global Program

Bolivia Enhances Trade Efficiency Through Global Program

The Global Trade Facilitation Programme (GTFP) has been launched in Bolivia to enhance customs modernization through capacity building. Funded by the Swiss State Secretariat for Economic Affairs (SECO) and implemented by the World Customs Organization (WCO), the project covers areas such as risk management, advance rulings, and organizational development. A tripartite Memorandum of Understanding ensures the project's smooth implementation. This initiative aims to help Bolivia better comply with international trade agreements and promote economic development.

01/05/2026 Customs Knowledge
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Tanzania Boosts Customs Operations with Global Aid

Tanzania Boosts Customs Operations with Global Aid

The Tanzania Revenue Authority, with support from the World Customs Organization, launched a capacity building project to enhance HS code and valuation capabilities, fostering trade facilitation and revenue growth. The project utilizes expert guidance, customized training, and knowledge transfer to deepen expertise, build a training framework, explore the binding nature of tariff information, and strengthen risk management. Ultimately, it aims to increase tax revenue, promote trade facilitation, improve compliance levels, and enhance international competitiveness.

12/30/2025 Customs Knowledge
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Zambia Botswana Boost Trade with Customs Data Link

Zambia Botswana Boost Trade with Customs Data Link

With support from the Sida-WCO program, Zambia and Botswana are advancing customs system interconnectivity and data exchange. This initiative aims to improve customs clearance efficiency and promote regional integration. By linking their customs systems, both countries seek to streamline trade processes, reduce delays, and enhance transparency. The improved data exchange will also contribute to better risk management and security. This collaboration highlights the importance of regional cooperation in facilitating trade and fostering economic growth.

01/05/2026 Customs Knowledge
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Armenia Modernizes Customs with WCO for Ecommerce Growth

Armenia Modernizes Customs with WCO for Ecommerce Growth

The World Customs Organization (WCO) is assisting Armenian Customs in implementing the Mercator Programme, aimed at simplifying customs procedures, reducing trade costs, and improving efficiency. The program covers key areas such as advance rulings, risk management, and single window systems, with the goal of modernizing Armenian Customs and promoting its economic development. Other developing countries can learn from this example by actively participating in WCO projects to improve their own trade facilitation levels.

01/26/2026 Customs Knowledge
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WCO Committee Advances Global Trade Facilitation Measures

WCO Committee Advances Global Trade Facilitation Measures

The latest meeting of the WCO Technical Committee focused on customs facilitation, emphasizing data standardization, risk management, SME support, cross-border e-commerce facilitation, and AEO mutual recognition. Businesses should strengthen compliance management, embrace digital transformation, and enhance international cooperation to adapt to the evolving trade landscape. The meeting highlighted the importance of streamlined processes and innovative solutions to promote efficient and secure international trade flows, ultimately contributing to global economic growth and development.

01/20/2026 Customs Knowledge
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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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Fed Holds Rates Steady Amid Trade War Concerns

Fed Holds Rates Steady Amid Trade War Concerns

The Federal Reserve held interest rates steady amid the ongoing shadow of the trade war, while the logistics industry faces multiple challenges. Experts suggest a risk of stagflation, and calls for interest rate cuts reflect the industry's desire for economic recovery. Businesses need to closely monitor the economic situation and flexibly adjust their strategies to find direction amidst uncertainty. The Fed's decision and trade tensions continue to impact economic outlook, demanding proactive measures from businesses.

01/21/2026 Logistics Industry Insights
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