Guide to Key International Trade Terms DPA and DPU Explained

Guide to Key International Trade Terms DPA and DPU Explained

This article provides an in-depth analysis of common Incoterms such as DPA and DPU, detailing their meanings, the division of responsibilities between buyers and sellers, and important usage considerations. It also introduces other frequently used Incoterms, aiming to help readers better understand international trade rules, mitigate trade risks, and improve transaction efficiency. The focus is on practical application and understanding the nuances of each term to ensure smooth and compliant international trade operations.

01/30/2026 Customs Knowledge
Read More
WCO Updates price Actually Paid Definition to Boost Trade Compliance

WCO Updates price Actually Paid Definition to Boost Trade Compliance

The new WCO regulations clarify the definition of "price actually paid or payable," assisting companies with compliance, facilitating trade, and improving the accuracy and efficiency of customs valuation. This clarification helps businesses understand and adhere to international valuation standards, streamlining import/export processes. By providing a more precise definition, the WCO aims to reduce valuation disputes and promote fair trade practices globally. Ultimately, this leads to more predictable and transparent customs procedures, benefiting both businesses and customs administrations.

01/30/2026 Customs Knowledge
Read More
WCO Urges Digital Shift Regional Ties to Boost African Trade

WCO Urges Digital Shift Regional Ties to Boost African Trade

The Secretary General of the World Customs Organization attended the East and Southern Africa Regional Customs Research Conference, emphasizing the importance of digital transformation and regional cooperation for African trade development. The conference focused on the impact of emerging issues on customs and trade, calling for enhanced data utilization, talent development, and collaboration with the private sector to promote the construction of the African single market. The World Customs Organization will continue to support African customs development and contribute to the prosperity of African trade.

01/30/2026 Customs Knowledge
Read More
DSV Expands Semiconductor Logistics and Latin America Trade with Acquisitions

DSV Expands Semiconductor Logistics and Latin America Trade with Acquisitions

DSV has announced the acquisition of S&M Moving Systems West and Global Diversity Logistics. This strategic move aims to bolster DSV's capabilities in semiconductor logistics, synergize its Phoenix operations, and expand its cross-border services in Latin America. The acquisition is a key component of DSV's global strategy, strengthening its position in the US market and enabling the company to provide more comprehensive and high-quality logistics solutions to its customers. The integration of these companies will enhance DSV's service offerings and expand its reach in critical markets.

02/03/2026 Logistics
Read More
ADAM to Present Digital Marketing Tools at China Trade Fair

ADAM to Present Digital Marketing Tools at China Trade Fair

ADAM, the Wezzo Group's platform, will be showcased at the 2025 CIFTIS, demonstrating its one-stop digital marketing solution for overseas expansion. ADAM leverages data-driven intelligent marketing capabilities to provide a full-cycle, closed-loop service, helping businesses build a sustainable and growing global marketing system. Live demonstrations will be conducted during the exhibition, and customized solutions will be offered for industries such as gaming and applications, assisting them in achieving their global marketing objectives.

02/03/2026 Logistics Industry Insights
Read More
Los Angeles Emerges As Key Pacific Hub for Asia Trade

Los Angeles Emerges As Key Pacific Hub for Asia Trade

Despite the vast distance separating Los Angeles from Malaysia and China, convenient air travel facilitates increasing cultural exchange and commercial interactions. The Chinese and Malaysian communities contribute to Los Angeles' multicultural landscape, while various cultural events promote understanding. Economic cooperation brings opportunities for development. This trans-Pacific journey connects different cities, cultures, and civilizations, fostering a vibrant exchange of ideas and traditions between Los Angeles and its Asian counterparts. This connection strengthens global ties and enriches the cultural fabric of both regions.

02/02/2026 Logistics Encyclopedia
Read More
Central America Turns to Ppps to Modernize Customs Enhance Trade

Central America Turns to Ppps to Modernize Customs Enhance Trade

The World Customs Organization participated in the 'Americas Partnership for Prosperity' wrap-up meeting, focusing on customs modernization projects in Central America. The meeting highlighted the role of public-private partnerships in trade facilitation and economic development, sharing best practices and discussing risk management and AEO programs. Newly participating countries also expressed their commitment to advancing customs modernization, signaling a new chapter in regional cooperation. The discussions underscored the importance of streamlined customs procedures for boosting regional trade and investment.

02/02/2026 Customs Knowledge
Read More
West and Central African Customs Chiefs Back Continental Free Trade

West and Central African Customs Chiefs Back Continental Free Trade

The meeting of heads of customs from West and Central Africa focused on the establishment of the African Continental Free Trade Area (AfCFTA). The World Customs Organization reaffirmed its support, emphasizing the critical role of customs departments and the importance of infrastructure. Discussions also covered addressing the challenges posed by the pandemic, combating counterfeit medicines and vaccines, and strengthening capacity building and regional cooperation. These efforts aim to contribute to regional economic development and the prosperity of the African continent. The importance of efficient customs procedures for the AfCFTA's success was highlighted.

02/02/2026 Customs Knowledge
Read More
Burkina Faso Customs Enhances Trade Via WCO Time Release Study

Burkina Faso Customs Enhances Trade Via WCO Time Release Study

Burkina Faso Customs, with the support of the WCO's WACAM project, conducted its first Time Release Study (TRS) to identify clearance bottlenecks and improve efficiency. The WCO provided training and technical assistance to help Burkina Faso implement the WTO Trade Facilitation Agreement, improve the business environment, and promote trade development. The TRS, through data analysis, provides Customs with improvement measures to reduce trade costs and enhance international competitiveness.

02/03/2026 Customs Knowledge
Read More
WCOJICA Initiative Strengthens Customs Trade in East and Southern Africa

WCOJICA Initiative Strengthens Customs Trade in East and Southern Africa

The World Customs Organization (WCO), in collaboration with the Japan International Cooperation Agency (JICA), successfully held the 3rd Working Group Activity of the Advanced Rules of Origin Trainers Project for the East and Southern Africa region in Zambia. This project aims to cultivate qualified customs trainers, enhance regional customs capacity, and facilitate the smooth implementation of the African Continental Free Trade Area (AfCFTA). Through systematic training and curriculum development, the project will provide a solid foundation of skilled personnel for regional trade facilitation.

02/03/2026 Customs Knowledge
Read More