WCO Proposes Green Shift for Chemical Trade Via HS Codes

WCO Proposes Green Shift for Chemical Trade Via HS Codes

A WCO workshop explored using the Harmonized System (HS) code to identify and manage traded chemicals, supporting environmental sustainability. The discussions emphasized the need for improvements to the HS system and promoted dialogue on a 'Green HS'. This aims to leverage HS codes for better tracking and regulation of chemicals with environmental impacts, ultimately fostering more sustainable trade practices and contributing to global environmental protection efforts. The workshop highlighted the potential of the HS code to play a crucial role in achieving a greener and more responsible chemical trade landscape.

01/16/2026 HS Code Query
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UPS Adjusts Pricing to Counter Ecommerce Slowdown Profit Pressures

UPS Adjusts Pricing to Counter Ecommerce Slowdown Profit Pressures

UPS's Q3 revenue declined, but earnings per share exceeded expectations. The company is addressing challenges through pricing strategies, optimizing its e-commerce structure, and reducing operating costs. Its future outlook hinges on the success of its transformation efforts. While revenue faced headwinds, the focus on efficiency and strategic adjustments allowed UPS to deliver better-than-anticipated profitability. The company remains committed to adapting to the evolving market landscape and leveraging its global network to drive long-term growth. The effectiveness of these measures will be crucial in navigating the current economic climate.

01/15/2026 Logistics
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Transpacific Trade Shifts Reshape Global Supply Chains

Transpacific Trade Shifts Reshape Global Supply Chains

The Transpacific trade lane is undergoing profound changes. US demand is driving capacity shifts, while the rise of Southeast Asia is reshaping the carrier landscape. Smaller carriers are emerging, and innovative services are becoming key to competition. Businesses need to pay attention to these trends and adjust their supply chain strategies. Leveraging technology and data-driven solutions is crucial for maintaining a competitive edge in this dynamic market. Companies must adapt to the evolving dynamics to thrive in the face of increasing competition and shifting global trade patterns.

01/19/2026 Logistics Industry Insights
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Kelloggs Strike Supply Issues Threaten Breakfast Food Supply

Kelloggs Strike Supply Issues Threaten Breakfast Food Supply

The Kellogg's strike has exacerbated existing supply chain strains, potentially leading to increased cereal prices or shortages. The strike stems from disagreements between labor and management regarding compensation and benefits, reflecting deeper conflicts between labor rights and the rise of automation. Companies are implementing measures like global inventory adjustments to mitigate the impact. Consumers should monitor the situation, be flexible in their choices, and practice rational consumption. The strike highlights the vulnerability of the food supply chain and the ongoing struggle for fair labor practices in a rapidly changing economic landscape.

01/19/2026 Logistics Industry Insights
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US Tax Reform Pushes Supply Chains to Adapt

US Tax Reform Pushes Supply Chains to Adapt

The US Republican's proposed corporate tax reform, aiming to lower corporate income tax and introduce a VAT-like mechanism, could profoundly impact global supply chains. This article analyzes the effects of tax reform on various supply chain types and proposes corporate strategies. It emphasizes that companies should reassess their supply chain strategies, optimize inventory management, improve production efficiency, communicate with the government, and hedge risks to address the challenges and opportunities brought by the tax reform. Careful planning and proactive measures are crucial for businesses to navigate this evolving landscape.

01/19/2026 Logistics Industry Insights
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Industryacademia Partnership Aims to Strengthen Logistics Talent Pipeline

Industryacademia Partnership Aims to Strengthen Logistics Talent Pipeline

To address logistics challenges arising from global trade shifts, an industry-academia collaboration program will launch in 2026. It aims to cultivate future talent in material handling, supply chain, and logistics through practical learning and industry exchange, enhancing supply chain efficiency and resilience. Targeting high school students, university students, and educators, the program fosters continuous development within the logistics sector. The initiative seeks to equip participants with the skills and knowledge needed to navigate the evolving landscape and contribute to a more robust and adaptable supply chain ecosystem.

01/20/2026 Logistics
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Panama Canal Expansion Poses Opportunities Challenges for Shipping

Panama Canal Expansion Poses Opportunities Challenges for Shipping

The Panama Canal expansion is highly anticipated by the shipping industry. However, the expansion is not a panacea, and shipping companies need to carefully evaluate its implications. This article analyzes the opportunities and challenges brought about by the expansion, including time costs, port efficiency, and environmental impact. It also explores how West Coast, East Coast, and Gulf Coast ports are responding to the new competitive landscape. Furthermore, it reminds shipping companies to pay attention to changes in global trade patterns and the resulting risk of compressed profit margins.

01/20/2026 Logistics Industry Insights
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Crossborder Ecommerce Adapts to Currency Volatility

Crossborder Ecommerce Adapts to Currency Volatility

This article analyzes the impact of USD exchange rate fluctuations on cross-border e-commerce. While a rising exchange rate can increase profits, it may also lead to decreased orders and intensified competition. The importance of order volume is emphasized, and strategies such as diversification and refined operations are proposed. Sellers are advised to focus on product quality and brand building, and to implement robust risk management to address the challenges posed by exchange rate volatility. Ultimately, proactive adaptation and strategic planning are crucial for navigating the complexities of currency fluctuations in the global e-commerce landscape.

01/06/2026 Exchange Rate Query
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Streamlined Customs Inspections Boost Global Trade Efficiency

Streamlined Customs Inspections Boost Global Trade Efficiency

This article provides a detailed overview of methods to track international express shipments after customs inspection. It includes ways to check through the express company's official website, customer service, customs platforms, and local customs websites. This information helps readers efficiently grasp the customs clearance status of their shipments.

08/05/2025 Customs Knowledge
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