Revised Kyoto Convention Hits 113 Members Boosts Global Trade

Revised Kyoto Convention Hits 113 Members Boosts Global Trade

The Revised Kyoto Convention (RKC) now has 113 contracting parties, with the Republic of Congo being the latest addition. This convention, recognized as the blueprint for modern customs by the international customs community, aims to simplify and harmonize customs procedures, thereby facilitating global trade. It emphasizes the application of information technology, risk management, enhanced cooperation with the trade community, and the establishment of accessible appeal systems. The WCO encourages more members to join and implement the convention's provisions to build a more competitive global economy.

Shipping Marks The Hidden Key to Global Logistics Efficiency

Shipping Marks The Hidden Key to Global Logistics Efficiency

Shipping marks are like 'identity labels' on cargo packaging in international logistics. They use graphics and text to identify cargo information, preventing confusion, improving transport efficiency, and ensuring accurate delivery. They also serve as a legal basis. Shipping marks play a vital role in cargo identification, operational guidance, information transmission, and risk control. They are crucial for ensuring the efficient, accurate, and compliant transportation of goods across borders. They are essential for smooth international trade.

Latin America Strengthens Tax Customs Systems Through Global Partnerships

Latin America Strengthens Tax Customs Systems Through Global Partnerships

The "Senior Tax and Customs Administration Program," jointly organized by institutions like the IMF and WCO, aims to enhance the capabilities of mid-to-senior level managers in tax and customs administrations across Central and South America. This program, delivered through a blended online and offline approach, provides training in areas such as strategic planning, risk management, and change management. It assists customs and tax departments in addressing global trade and tax challenges, ultimately contributing to economic development in the region.

WCO Private Sector Collaborate to Strengthen Global Supply Chains

WCO Private Sector Collaborate to Strengthen Global Supply Chains

The WCO Private Sector Consultative Group (PSCG) meeting and Policy Commission dialogue focused on business recovery, data strategy, and green customs. Participants emphasized the need to make trade facilitation measures permanent, leverage data-driven strategies for planning, and promote green customs to build a sustainable trade ecosystem. The discussions centered on jointly addressing global trade challenges and building more resilient supply chains. The aim is to foster a robust and adaptable global trade environment capable of weathering future disruptions.

WCO Data Model Aims to Streamline Global Trade Processes

WCO Data Model Aims to Streamline Global Trade Processes

The WCO Data Model and Information Management Conference achieved significant results. It improved the data model, enhanced information security, and contributed to the global digital transformation of trade, thereby improving trade efficiency. The conference focused on streamlining data standards and promoting secure information exchange to facilitate seamless cross-border transactions. The outcomes are expected to accelerate the adoption of digital solutions in customs procedures and foster greater collaboration among stakeholders in the international trade ecosystem. Ultimately, this will lead to faster, more secure, and more efficient global trade.

SOLAS VGM Compliance Key to Safer Global Supply Chains

SOLAS VGM Compliance Key to Safer Global Supply Chains

This article analyzes the SOLAS VGM (Verified Gross Mass) regulations, covering verification methods, deadlines, weight verification procedures, and collaboration requirements. It advises shippers to prepare early, choose the appropriate verification method, and enhance communication and training. Understanding these aspects is crucial for ensuring compliance and avoiding potential delays or penalties in maritime shipping. Proper implementation of SOLAS VGM contributes to safer container handling and transportation across the global supply chain.

01/26/2026 Logistics
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CH Robinson Acquires Phoenix International to Expand Global Reach

CH Robinson Acquires Phoenix International to Expand Global Reach

C.H. Robinson's acquisition of Phoenix expands its global freight forwarding capabilities, enhancing services and technology. The integration of resources aims to solidify market position and provide superior logistics solutions, focusing on collaborative customer growth. This strategic move allows C.H. Robinson to offer a broader range of services and a stronger global network, ultimately benefiting customers through improved efficiency and reach in their supply chains. The acquisition underscores C.H. Robinson's commitment to growth and innovation in the global logistics landscape.

01/26/2026 Logistics
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Global Supply Chains Strained by Trade Wars Oil Volatility

Global Supply Chains Strained by Trade Wars Oil Volatility

An IHS Markit report indicates that trade wars and oil price shocks have increased the risk of a global economic recession. With downward revisions to US economic growth forecasts, supply chain managers should diversify their supply chains, optimize inventory, strengthen risk management, enhance transparency, and monitor policy changes. These strategies are crucial for navigating challenges and seizing opportunities in the face of growing global uncertainties.

UPS Expands Global Express Freight to Boost Supply Chains

UPS Expands Global Express Freight to Boost Supply Chains

UPS introduces its International Heavyweight Air Freight service, offering enhanced speed and reliability while simplifying processes. This service targets industries such as industrial manufacturing and automotive, aiming to facilitate global trade by providing faster and more dependable transportation for heavy goods. The new service is designed to accelerate supply chains and improve overall efficiency for businesses engaged in international commerce, leveraging UPS's extensive global network and expertise in air freight logistics.

01/26/2026 Logistics
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Dutch Customs Boosts Global Trade Via WCO Exchange Program

Dutch Customs Boosts Global Trade Via WCO Exchange Program

The Netherlands Customs Administration hosted experts from Cameroon and Sierra Leone to share expertise on rules of origin and commodity classification. This initiative aimed to enhance the capabilities of the visiting customs officials in these crucial areas. By sharing best practices and providing practical training, the Netherlands Customs Administration fostered international cooperation and contributed to trade facilitation. This collaboration also served to enhance the Netherlands Customs Administration's reputation as a leader in customs expertise and international partnership.