Stord Expands Global Supply Chain with Shipwire Buy

Stord Expands Global Supply Chain with Shipwire Buy

Stord's acquisition of Shipwire aims to expand its global fulfillment network and accelerate its AI-driven supply chain strategy. This acquisition strengthens Stord's presence in the EU and UK while enhancing its AI capabilities. Shipwire's technology and customer base align perfectly with Stord's existing operations, promising smarter and more efficient supply chain solutions for e-commerce and omnichannel brands. The deal will allow Stord to offer more comprehensive and technologically advanced services to its clients, improving delivery times and reducing costs.

01/21/2026 Logistics
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Asiapacific Air Cargo Slump Signals Global Economic Slowdown

Asiapacific Air Cargo Slump Signals Global Economic Slowdown

IATA data reveals an unexpected decline in Asia-Pacific air cargo volumes, mirroring global economic weakness. Factors include decreased demand from Europe and the US, supply chain adjustments, and trade protectionism. Despite short-term challenges, the Asia-Pacific market retains long-term potential. Strategies for success include expanding into emerging markets, optimizing route networks, and embracing digital transformation to navigate the current downturn and capitalize on future opportunities. The region needs to adapt to the changing global landscape to maintain its position in the air cargo industry.

01/21/2026 Logistics
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Echo Global CEO Discusses Freight Industrys new Normal

Echo Global CEO Discusses Freight Industrys new Normal

Echo Global Logistics CEO Doug Waggoner provides an in-depth analysis of the current freight market, examining the impact of factors such as excess capacity, trade frictions, and e-commerce driven demand on the market landscape. He emphasizes the need for businesses to adapt to these changes and embrace innovation to thrive in the highly competitive environment. Companies must be agile and leverage technology to navigate the complexities and capitalize on emerging opportunities in the evolving freight and logistics sector.

01/21/2026 Logistics Industry Insights
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WCO Enhances Crossborder Ecommerce to Simplify Global Trade

WCO Enhances Crossborder Ecommerce to Simplify Global Trade

The World Customs Organization (WCO) actively participated in the UNCTAD E-commerce Week, focusing on streamlining cross-border e-commerce processes to promote inclusive global trade growth. The WCO contributes to building an efficient, secure, and convenient cross-border e-commerce ecosystem by focusing on four key areas, collaborating with international organizations, and embracing the digital future. These efforts aim to inject new impetus into global economic growth. The WCO's involvement highlights the importance of customs administrations in facilitating and securing the rapidly evolving landscape of e-commerce.

01/22/2026 Customs Knowledge
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Wcos PTC Boosts Global Trade Through Customs Innovation

Wcos PTC Boosts Global Trade Through Customs Innovation

The Permanent Technical Committee (PTC) of the World Customs Organization (WCO) is a key force driving global customs innovation and cooperation. Facing a rapidly changing trade environment, the PTC is committed to developing international standards, providing technical support, promoting information exchange, and offering policy recommendations. It addresses challenges such as new technology applications, intellectual property protection, e-commerce development, and supply chain security, safeguarding the prosperity and development of global trade.

01/22/2026 Customs Knowledge
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Global Trade Boosted by Customs Phytosanitary Agency Collaboration

Global Trade Boosted by Customs Phytosanitary Agency Collaboration

The World Customs Organization (WCO) actively promotes cooperation between customs and phytosanitary agencies to enhance trade facilitation. By sharing information, coordinating enforcement, and fostering technological innovation, countries can build more efficient and secure border management systems, promoting global trade prosperity. The Republic of Korea's practices offer valuable lessons for other nations seeking to improve border management and streamline trade processes. This collaborative approach is crucial for balancing trade facilitation with the need to protect plant health and ensure safe trade flows.

01/22/2026 Customs Knowledge
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Advance Cargo Declarations Speed Up Global Customs Clearance

Advance Cargo Declarations Speed Up Global Customs Clearance

This paper delves into the significance of advance declaration and fast release mechanisms for goods, highlighting their crucial role in accelerating customs clearance, reducing costs, and improving efficiency. It elaborates on the key elements for implementing advance declaration and introduces relevant tools and guidelines from the World Customs Organization (WCO). The paper concludes by summarizing the multifaceted benefits of advance declaration for businesses, customs authorities, and nations, advocating for its widespread adoption to foster a new paradigm in global trade.

01/22/2026 Customs Knowledge
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WCO Enhances Global Trade Security Through Risk Management

WCO Enhances Global Trade Security Through Risk Management

The World Customs Organization (WCO) held a pre-accreditation workshop for risk management experts, aiming to enhance the risk management capabilities of customs officials in the Americas and the Caribbean, and expand the WCO's pool of experts. Through rigorous assessment and field visits, selected experts will join the WCO to provide technical assistance to customs administrations worldwide, contributing to global trade security. This initiative strengthens international cooperation and promotes standardized risk management practices within customs organizations globally.

01/22/2026 Customs Knowledge
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Global Trade Boosted by Unique Customs Reference Codes

Global Trade Boosted by Unique Customs Reference Codes

The Unique Consignment Reference (UCR) serves as an "electronic staple" in international trade, aiming to connect various stages of trade, improve customs supervision efficiency, and facilitate trade. This article delves into the definition, objectives, characteristics, and implementation challenges of UCR, and explores its future development trends. It emphasizes the crucial role of UCR in customs modernization and provides recommendations for companies to address the implementation of UCR. The UCR's potential to streamline processes and enhance security in global trade is highlighted.

01/22/2026 Customs Knowledge
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WCO Guide Aids Customs Brokers in Global Trade

WCO Guide Aids Customs Brokers in Global Trade

The World Customs Organization's guidelines for Customs Brokers highlight their crucial role in international trade. It provides clear ethical standards, encompassing responsibilities, integrity, transparency, professional development, and customs cooperation. The guide aims to enhance the professionalism of customs brokers, facilitate trade, and establish an efficient, transparent, and secure international trade environment. It emphasizes the importance of brokers in ensuring compliance and streamlining processes, contributing to smoother global commerce.

01/22/2026 Customs Knowledge
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