Bahamas Strengthens Customs Tariffs to Increase Revenue

Bahamas Strengthens Customs Tariffs to Increase Revenue

The World Customs Organization (WCO) held a national workshop in the Bahamas on the Harmonized System (HS) to enhance the Bahamas Customs' capacity in tariff classification. The workshop covered the theory and practice of HS coding, emphasizing the application of the General Rules for Interpretation and focusing on issues such as the classification of parts. Through talent development and the Mercator Program, it aims to facilitate trade in the Bahamas. The workshop also explored the relationship between HS code optimization and tax revenue growth from a data analysis perspective.

01/26/2026 Customs Knowledge
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Enviroscent Revenue Soars 400 Through Strategic Partnerships

Enviroscent Revenue Soars 400 Through Strategic Partnerships

EnviroScent outsources manufacturing, focusing on innovation and marketing. They partnered with Saddle Creek to optimize their logistics, improving efficiency and reducing costs, ultimately driving performance growth. This collaboration highlights the benefits of strategic third-party logistics in streamlining operations and enhancing profitability within the competitive fragrance product market. By leveraging Saddle Creek's expertise in supply chain optimization, EnviroScent was able to concentrate on its core competencies and achieve significant business results.

01/21/2026 Logistics
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Ozon Automates Promotions to Enhance Seller Revenue

Ozon Automates Promotions to Enhance Seller Revenue

Ozon has launched a new promotion strategy, automatically adding products with sales records in the past 30 days and sufficient stock to the Hype'n'Vibe mega-sale. Sellers can flexibly adjust participating products, quantities, and discounts. The first automatic addition will take place on July 19th, involving Hits and SUPERhits events. Hot Sale events require manual addition.

02/03/2026 Logistics
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Amazon Sellers Turn Unsold Inventory into Revenue

Amazon Sellers Turn Unsold Inventory into Revenue

Amazon sellers often face the challenge of unsaleable inventory, which occupies space, increases costs, and ties up cash flow. This article delves into the types and causes of unsaleable inventory and introduces REMEX's comprehensive solution, including easy inventory integration, tiered processing and precise monetization, intelligent control, and convenient settlement. It helps sellers convert unsaleable inventory into actual cash flow, optimize inventory cost structure, and achieve stable operations. REMEX empowers sellers to turn dead stock into revenue, improving profitability and freeing up valuable resources.

02/05/2026 Warehousing
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Italys Parcel Tax Backfires As Revenue Falls

Italys Parcel Tax Backfires As Revenue Falls

Italy's €2 tariff on small parcels from non-EU countries, intended to curb Chinese e-commerce platforms and boost revenue, resulted in a sharp decline in parcel volume, rerouted flights, tax revenue loss, and damage to the logistics industry. The policy aimed to protect domestic businesses but backfired. Members of Parliament have proposed postponing the tax and aligning with EU-wide tariffs, acknowledging the policy's detrimental effects. The situation highlights the potential for unintended consequences when implementing import tariffs in the context of global e-commerce.

02/06/2026 Logistics
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Tanzania Adopts WCO Program to Enhance Trade Efficiency

Tanzania Adopts WCO Program to Enhance Trade Efficiency

The World Customs Organization (WCO) supported the Tanzania Revenue Authority (TRA) in implementing Post Clearance Audit (PCA) through a capacity building workshop. This initiative aimed to optimize the PCA framework, enhance risk identification and analysis capabilities, and promote trade facilitation. The activity was part of the Swedish government-funded Sida-WCO TFCM Programme, designed to assist Sub-Saharan African countries in improving customs efficiency and achieving sustainable development. The workshop provided valuable training and resources to TRA officials, fostering a more streamlined and effective customs process.

01/05/2026 Customs Knowledge
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WCO Backs Zambia in Trade Facilitation Program Upgrade

WCO Backs Zambia in Trade Facilitation Program Upgrade

The World Customs Organization (WCO) supports the Zambia Revenue Authority (ZRA) in establishing an internationally compliant Authorized Economic Operator (AEO) program to enhance trade facilitation. Through expert team support, remote guidance, and on-site validation, the WCO assists ZRA in optimizing its AEO program. The WCO also looks forward to future collaboration to further strengthen the implementation of the Trade Facilitation Agreement and promote regional economic development. This initiative aims to align ZRA's practices with global standards and boost its efficiency in facilitating international trade.

01/05/2026 Customs Knowledge
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WCO Aids Sierra Leones Trade Recovery Postdisaster

WCO Aids Sierra Leones Trade Recovery Postdisaster

Following the devastating mudslides in Sierra Leone, the WCO assisted the National Revenue Authority (NRA) in developing its Strategic Plan for 2018-2022. This plan focuses on trade facilitation as a key driver for economic growth and development. The WCO's support aimed to strengthen the NRA's capacity to implement efficient and effective customs procedures, ultimately contributing to the country's reconstruction and long-term economic stability. The strategic plan provides a roadmap for modernizing customs operations and promoting a more business-friendly environment in Sierra Leone.

01/22/2026 Customs Knowledge
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WCO Eswatini Pilot Enhanced Customs Training Program

WCO Eswatini Pilot Enhanced Customs Training Program

The World Customs Organization (WCO) launched a pilot training evaluation project in collaboration with the Eswatini Revenue Authority (ERA) to enhance the efficiency and effectiveness of customs personnel, processes, and structures. Funded by the EU-HS Africa Programme, the project utilizes a systematic evaluation framework covering five levels: reaction, learning, behavior, results, and return on investment. Emphasizing collaboration and participation, the project's findings were shared with WCO members in February 2022. This initiative aims to strengthen customs capacity and improve overall performance through comprehensive evaluation methodologies.

01/30/2026 Customs Knowledge
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