WCO Aids Guyana in Modernizing Customs Procedures

WCO Aids Guyana in Modernizing Customs Procedures

The World Customs Organization (WCO) provides strategic support to the Guyana Revenue Authority (GRA) to facilitate customs modernization and compliance with the WTO's Trade Facilitation Agreement. This support involves assessing the GRA's current state, identifying challenges, and recommending improvements. The initiative aims to enhance the GRA's operational efficiency and contribute to Guyana's economic development. This demonstrates the WCO's active role in promoting global trade facilitation.

01/07/2026 Customs Knowledge
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Lazada Thailand Posts Profit Surge Amid Ecommerce Strategy Shift

Lazada Thailand Posts Profit Surge Amid Ecommerce Strategy Shift

Lazada Thailand achieved a revenue of 38 billion Thai Baht in 2022 and turned profitable, largely attributed to the contribution of Lazada Express. Facing challenges from competitors like Shopee's profitability strategies and reduced consumer spending, Lazada needs to optimize its operations, enhance user experience, and explore new growth opportunities. This is crucial for maintaining its competitive edge in the highly competitive Thai e-commerce market.

01/07/2026 Logistics Industry Insights
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South Carolina Port Volumes Decline Hinting at Retail Slowdown

South Carolina Port Volumes Decline Hinting at Retail Slowdown

South Carolina's port throughput declined by 12% year-over-year in September, signaling a potential cooling of holiday season consumption in the US retail sector. Reduced consumer spending, retailers' inventory returning to normal levels, and optimized supply chains are key contributing factors. Expect increased promotional efforts during the holiday season, with rational consumption becoming the dominant trend. Ports need to actively transform to meet these challenges.

01/16/2026 Logistics
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Tiktok Shop Expands Ecommerce Access for Global Sellers

Tiktok Shop Expands Ecommerce Access for Global Sellers

TikTok Shop is actively preparing to enter markets like Spain, the United States, and Brazil, aiming to secure a position in the global e-commerce market through high-standard recruitment and refined operations. Facing downward economic pressure, TikTok Shop's globalization strategy presents both opportunities and challenges. Cross-border e-commerce sellers need to actively embrace change and seize the opportunities presented by this expansion.

01/16/2026 Logistics Industry Insights
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IATA Names Paula Bernal Sanint to Boost Colombias Aviation Sector

IATA Names Paula Bernal Sanint to Boost Colombias Aviation Sector

IATA has appointed Paula Bernal as its new Country Manager for Colombia, aiming to strengthen collaboration with the Colombian government and airlines to promote the country's aviation industry. Bernal's extensive experience in government affairs and regulatory matters will help IATA advance its aviation development agenda in the rapidly growing Latin American market. She will address challenges related to infrastructure, airspace management, safety regulations, and sustainable development.

01/16/2026 Airlines
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Target Invests 7B in Supply Chain Overhaul to Boost Retail Innovation

Target Invests 7B in Supply Chain Overhaul to Boost Retail Innovation

Target invests in optimizing stores, fulfillment, and last-mile delivery to enhance customer experience. The company aims to simplify processes, empower employees, and balance supply and demand to flexibly address future challenges. These investments focus on creating a more efficient and responsive supply chain, leveraging innovative retail strategies, and improving the final delivery stage to meet evolving customer expectations and build a more resilient business model.

01/15/2026 Logistics Industry Insights
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Logistics Firms Adopt New Strategies Amid Supply Chain Disruptions

Logistics Firms Adopt New Strategies Amid Supply Chain Disruptions

The logistics industry faces challenges from volatility, policy shifts, and demand mismatches. Companies need to respond through refined demand forecasting, building resilient supply chains, technological innovation, and paying attention to policy risks. Only in this way can they move forward steadily in a turbulent market environment and gain a competitive advantage. This requires proactive adaptation and strategic planning to navigate uncertainties and ensure operational efficiency and profitability.

01/15/2026 Logistics Industry Insights
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Asiapacific Customs Boosts Skills Via Remote Training

Asiapacific Customs Boosts Skills Via Remote Training

The 19th Heads of Asia Pacific WCO Regional Training Centers (RTCs) Meeting explored the role of remote training in customs capacity building during the pandemic. RTCs shared experiences, challenges, and innovative initiatives, emphasizing strengthened cooperation. They highlighted the use of data analytics and VR technologies to promote personalized and practical training. This aims to address the complex international trade environment and enhance regional customs capabilities.

01/19/2026 Customs Knowledge
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Starbucks Adjusts Prices Cuts Costs Amid Inflation Pressures

Starbucks Adjusts Prices Cuts Costs Amid Inflation Pressures

Starbucks is accelerating price increases and implementing cost control measures to address pressures from supply chain disruptions and rising labor costs. Digital transformation and efficiency improvements are long-term strategies. The pricing strategy may impact consumer reactions and the competitive landscape, requiring Starbucks to proceed cautiously and seize opportunities. The company faces challenges in balancing profitability with customer loyalty and market share in a competitive environment.

01/19/2026 Logistics Industry Insights
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Target Overhauls Leadership and Supply Chain Strategy

Target Overhauls Leadership and Supply Chain Strategy

Target is adjusting its leadership team to strengthen the strategic importance of its supply chain and address growth challenges. The company is increasing investment in stores and embracing digital logistics and delivery to enhance the customer experience. This shift emphasizes a modernized approach to retail, focusing on efficient operations and improved service to meet evolving consumer demands and maintain a competitive edge in the market.

01/19/2026 Logistics Industry Insights
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