WCO and WTO Boost Global Trade Facilitation Committees

WCO and WTO Boost Global Trade Facilitation Committees

The World Customs Organization (WCO), in collaboration with the World Trade Organization (WTO), held a high-level course for chairs of National Trade Facilitation Committees. The course aimed to enhance participants' understanding of the Trade Facilitation Agreement and strengthen their ability to engage with stakeholders. The WCO shared its experience in stakeholder consultation and resource mobilization, introducing relevant tools and standards to support countries in establishing and improving their National Trade Facilitation Committees. This collaborative effort contributes to building a more open and efficient global trading system.

01/26/2026 Customs Knowledge
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Global Customs Adopt Luxor Resolution for Ecommerce Compliance

Global Customs Adopt Luxor Resolution for Ecommerce Compliance

The World Customs Organization (WCO) adopted the Luxor Resolution, providing a guiding framework for cross-border e-commerce regulation. It encompasses eight key principles, including advance data, facilitation, security, and taxation. The WCO also reaffirmed its leading role in cross-border e-commerce management to the WTO, pledging support for the WTO's Work Programme on Electronic Commerce. The Luxor Resolution aims to promote trade facilitation, address security challenges, and foster the healthy and sustainable development of cross-border e-commerce.

01/26/2026 Customs Knowledge
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Borsam Logistics Enhances Global Trade with Compliance Solutions

Borsam Logistics Enhances Global Trade with Compliance Solutions

Based in Shenzhen, Basenton Logistics Group is committed to becoming a global leader in compliance logistics, providing end-to-end solutions for cross-border e-commerce platforms and sellers. With a secure, efficient, and stable global logistics service system and the self-developed Basenton Cloud intelligent logistics platform, we help businesses easily navigate overseas challenges and achieve global business growth. We focus on providing compliant and reliable logistics services, ensuring smooth and hassle-free international shipping for our clients.

01/26/2026 Logistics
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Prada Partners with Mytheresa to Boost Global Ecommerce

Prada Partners with Mytheresa to Boost Global Ecommerce

Prada is expanding its partnership with Mytheresa to accelerate its global e-commerce strategy. This collaboration comes as Mytheresa, following its acquisition of YNAP, rebrands to establish itself as a leading luxury digital group. The strengthened alliance signifies Prada's commitment to online growth and leveraging Mytheresa's platform to reach a wider audience of luxury consumers. This move aims to enhance Prada's digital presence and capitalize on the increasing demand for luxury goods online, solidifying both brands' positions in the competitive luxury e-commerce market.

01/26/2026 Logistics Industry Insights
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CMA CGM Enhances Global Trade with Integrated Shipping

CMA CGM Enhances Global Trade with Integrated Shipping

CMA CGM Group, a leading global shipping company, offers comprehensive digital services through its official website. These services include diverse cargo transportation solutions, real-time cargo tracking, and a broad global service network. CMA CGM empowers customers to efficiently manage their shipments and accelerate global trade by providing these tools and resources.

01/26/2026 Shipping Company Encyclopedia
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DSV Poland Warehouse Fire Disrupts Global Supply Chains

DSV Poland Warehouse Fire Disrupts Global Supply Chains

A major fire broke out at global freight giant DSV's 11,000-square-meter warehouse in Poznan, Poland, causing significant damage. DSV has activated its emergency plan, actively contacting customers and mobilizing resources to minimize the impact. This incident highlights the fragility of the global supply chain. Businesses should prioritize risk management and enhance supply chain resilience and flexibility to cope with unexpected events. The fire serves as a stark reminder of the potential disruptions and the need for proactive mitigation strategies in the face of increasing global uncertainties.

01/26/2026 Logistics
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Luxury Retailer Saks Global Struggles With Mounting Debt

Luxury Retailer Saks Global Struggles With Mounting Debt

Saks Fifth Avenue's parent company, Saks Global Group, is facing a potential bankruptcy crisis after failing to make bond interest payments. The company is burdened by debt, declining performance, and executive departures. This situation reflects the broader challenges facing traditional department stores, including competition from e-commerce, inflationary pressures, and changing consumer habits. Digital transformation is now critical. The future of the group is uncertain, and the path to restructuring will be challenging. The crisis highlights the vulnerability of even established luxury retailers in the current economic climate.

01/26/2026 Logistics Industry Insights
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Air Canada Strike Threatens Global Cargo Shipping Disruptions

Air Canada Strike Threatens Global Cargo Shipping Disruptions

An impending strike by Air Canada's flight attendants threatens to disrupt global freight operations. This analysis examines the reasons behind the potential strike and its impact on the freight industry, including cargo delays, increased costs, and heightened supply chain risks. It proposes strategies for businesses to mitigate losses and ensure operational stability, such as tracking flights, developing alternative shipping plans, strengthening communication with stakeholders, and optimizing inventory management. These measures can help businesses navigate the potential disruptions caused by the strike and maintain business continuity.

01/26/2026 Logistics Industry Insights
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Lianlian International Boosts Zhongshan Lighting Industrys Global Reach

Lianlian International Boosts Zhongshan Lighting Industrys Global Reach

LianLian Global, in collaboration with partners, held an overseas conference for the lighting industrial belt in Guzhen, Zhongshan, aiming to help local lighting companies transform into cross-border e-commerce. The conference brought together platforms, service providers, and manufacturing enterprises, providing comprehensive support such as cross-border payment, logistics, and platform operation. This initiative helps companies solve challenges in going global, seize global market opportunities, and promote the digital transformation of China's manufacturing industry. The goal is to empower businesses to navigate the complexities of international trade and thrive in the global marketplace.

01/26/2026 Logistics Industry Insights
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US Freight Forwarders Key to Global Trade Growth

US Freight Forwarders Key to Global Trade Growth

US-based international freight forwarders play a crucial role in global trade. They offer services including FCL, LCL, special cargo transport, customs clearance, and comprehensive logistics management. With strong global networks and expert teams, they actively embrace technological innovation to provide efficient and reliable ocean freight services. These forwarders are vital in connecting global markets and promoting the prosperity of international trade, facilitating seamless movement of goods across borders.

01/26/2026 Logistics
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