Papua New Guinea Upgrades SEZ Customs to Meet Global Standards

Papua New Guinea Upgrades SEZ Customs to Meet Global Standards

Papua New Guinea Customs Service (PNGCS) is actively improving its management of Special Economic Zones. A workshop organized by the World Customs Organization (WCO) helped PNGCS benchmark against international standards, identify gaps, and learn from other countries' experiences. The outcomes of the discussions will be used to revise laws and regulations, aiming to establish a more efficient and transparent SEZ management system and promote economic development. This initiative underscores PNG's commitment to aligning with global best practices in customs administration and fostering a favorable investment climate.

UK Logistics Sector Demands Role in National Strategy

UK Logistics Sector Demands Role in National Strategy

Thirty major UK businesses are urging the government to include logistics in the national Industrial Strategy, highlighting its importance to economic growth. The UK's logistics performance ranking has significantly declined due to road congestion, border delays, and underinvestment. Industry leaders are calling for long-term investment in transportation networks and the establishment of a logistics representative on the Industrial Strategy Council to improve national economic efficiency. This inclusion is deemed crucial for addressing current challenges and ensuring the UK's competitiveness in the global market.

Ecommerce Sellers Leverage World Cup for Sales Growth

Ecommerce Sellers Leverage World Cup for Sales Growth

Budweiser's massive investment faced a World Cup ban, a marketing failure! How can cross-border e-commerce avoid repeating this mistake? This article details World Cup marketing strategies, offering practical advice on creating a festive store atmosphere, social media marketing, and advertising. It also provides a guide to avoid marketing pitfalls, helping sellers leverage the event to achieve brand exposure and sales growth. Learn how to accurately capitalize on the World Cup buzz and maximize your ROI while avoiding common marketing missteps during this global event.

Global Port Congestion Moves Inland Straining Supply Chains

Global Port Congestion Moves Inland Straining Supply Chains

A recent report highlights escalating global port container congestion, with inland transportation emerging as a new bottleneck. Ports like Kingston and Chittagong are experiencing severe congestion, while Taipei Port demonstrates leading efficiency. Addressing port congestion requires increased infrastructure investment, streamlined customs procedures, enhanced information sharing, and the development of multimodal transportation. These measures are crucial for alleviating current supply chain pressures and ensuring smoother cargo flow from ports to inland destinations. The report emphasizes the interconnectedness of port efficiency and inland logistics in overall supply chain performance.

01/08/2026 Logistics
Read More
Boeing Predicts Global Air Cargo Traffic to Double by 2043 Amid Asian Growth

Boeing Predicts Global Air Cargo Traffic to Double by 2043 Amid Asian Growth

Boeing forecasts that global air cargo traffic will double by 2043, with an average annual growth of 4%, driven primarily by the Asian market. The report highlights e-commerce, supply chain reshaping, and emerging market demand as key growth factors. Airlines should focus on the Asian market, optimize operations, and address challenges to capitalize on the opportunities. The projected increase underscores the importance of strategic planning and investment in infrastructure to meet the evolving needs of the air cargo industry in the coming decades.

Transportation and Logistics MA Shifts Focus From Scale to Strategy

Transportation and Logistics MA Shifts Focus From Scale to Strategy

A PwC report indicates that M&A focus in the transportation and logistics sector has shifted from scale expansion to strategic synergy, emphasizing sustainable growth, operational efficiency, and high-barrier markets. Key investment areas include technology modernization, supply chain resilience, and specialized logistics services. Companies should define strategic goals, carefully assess targets, prioritize integration management, and focus on technological innovation to succeed in this evolving landscape. This shift reflects a need for greater agility and adaptability in response to global disruptions and changing customer demands.

US Imports Stay Elevated As Port Delays Continue

US Imports Stay Elevated As Port Delays Continue

According to the Descartes Global Shipping Report, US imports in August decreased by 3% month-over-month but remained high, up 12.9% year-over-year, exceeding pre-pandemic levels. This high import volume exacerbates port congestion, with delays increasing at the seven major ports. Chinese imports remain a significant driver, growing by 17.2%. The report reveals a slight decrease in the West Coast ports' share and a general increase in port transportation delays. Addressing port congestion requires increased infrastructure investment, optimized operations, and improved inland transportation.

01/21/2026 Logistics
Read More
Trade War Fears Threaten Freight Industry Amid Recession Risks

Trade War Fears Threaten Freight Industry Amid Recession Risks

Global trade tensions and tariff policies are creating uncertainty in the freight economy, impacting business investment, hiring, and expansion decisions. Fitch Ratings has lowered its U.S. growth forecast and warns that tariffs could lead to inflation and recession. Businesses should diversify supply chains, optimize inventory management, and explore new markets. Policymakers need to maintain the multilateral trading system, avoid escalating trade wars, and create a stable business environment. These measures are crucial to mitigating the negative effects of trade disputes and promoting sustainable economic growth.

Armenia Joins Istanbul Convention to Boost Trade

Armenia Joins Istanbul Convention to Boost Trade

Armenia's accession to the Istanbul Convention aims to simplify international trade procedures, reduce costs, and expand access to overseas markets, ultimately fostering economic development. By adopting the ATA Carnet system, Armenia streamlines customs procedures for temporary imports, benefiting businesses involved in exhibitions, fairs, and professional equipment movement. This move is expected to enhance trade facilitation, making it easier and more efficient for Armenian companies to engage in global commerce and attract foreign investment. The convention's implementation promises to boost Armenia's competitiveness in the international arena.

Global Air Travel to Double by 2043 IATA Forecast

Global Air Travel to Double by 2043 IATA Forecast

The IATA 20-year passenger forecast report provides aviation companies with a comprehensive analysis of global and regional air travel trends. Based on macroeconomic and micro-market indicators, it combines long-term and short-term forecasts, along with quarterly updates and flexible access options. This helps companies make strategic decisions, investment choices, manage risks, and optimize operations, ultimately enabling them to succeed in the ever-changing market. The report is a valuable tool for navigating the complexities of the aviation industry and planning for future growth.