Global Trade Slowdown Threatens Supply Chains

Global Trade Slowdown Threatens Supply Chains

Panjiva data indicates a global trade downturn, with US imports and exports both declining by 8%. Businesses should optimize supply chains, control inventory, expand markets, and strengthen risk management to proactively address these challenges. This includes diversifying sourcing, improving forecasting accuracy, and building resilience against potential disruptions. Monitoring key economic indicators and adapting strategies accordingly will be crucial for navigating the evolving global trade landscape and mitigating potential negative impacts on business operations.

02/04/2026 Logistics Industry Insights
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Doortodoor Shipping Transforms Global Trade Logistics

Doortodoor Shipping Transforms Global Trade Logistics

Door-to-door international shipping is transforming global trade as a comprehensive logistics solution. It differs significantly from traditional port-to-port services in service scope, operational processes, cost structure, and applicable scenarios. Its convenience and efficiency make it particularly suitable for cross-border e-commerce sellers and small to medium-sized shippers. The future development of door-to-door services will focus on aspects like intelligent automation, enhanced visibility, and environmental sustainability to meet evolving market demands and promote greener practices within the global supply chain.

02/03/2026 Logistics Encyclopedia
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WCO Outlines Postpandemic Global Trade Strategy

WCO Outlines Postpandemic Global Trade Strategy

The World Customs Organization (WCO) Council Sessions focused on the recovery, transformation, and resilience of global trade in the post-pandemic era. Several resolutions were adopted, covering e-commerce, passenger flow management, cross-border vaccine transportation, and gender equality. The WCO is actively adapting to address challenges and embrace opportunities, aiming to build a more efficient, secure, and sustainable global trading system.

02/03/2026 Customs Knowledge
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Tradekey Expands Global B2B Trade Opportunities

Tradekey Expands Global B2B Trade Opportunities

TradeKey, a leading global B2B platform, boasts over 9.37 million members. It connects global business opportunities through efficient matchmaking and a secure trading environment, helping businesses expand into overseas markets and achieve growth. The platform excels in high-quality product screening, ensuring product quality and fostering long-term partnerships. TradeKey provides a reliable and effective solution for businesses seeking to engage in international trade and expand their reach.

02/05/2026 International Settlement
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Customs Group Strengthens Global Trade Ties

Customs Group Strengthens Global Trade Ties

The online annual meeting of the Customs Representatives Association on January 26, 2021, marked its revitalization. WCO Secretary General Kunio Mikuriya congratulated the association's revival, emphasizing the importance of collaboration with customs commissioners. The association aims to modernize, strengthen internal connections, deepen cooperation with the WCO, raise awareness, expand services, build a "customs family" concept, promote global customs cooperation, and address trade challenges. It envisions a more efficient and secure future for international trade.

02/05/2026 Customs Knowledge
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WCO Certification Boosts Global Trade Efficiency

WCO Certification Boosts Global Trade Efficiency

The World Customs Organization (WCO) successfully held a TRS pre-accreditation workshop in Zambia, aiming to cultivate experts in customs clearance acceleration and help companies build efficient supply chains. By accurately identifying bottlenecks, optimizing business processes, and improving compliance levels, TRS certification can significantly reduce operating costs and enhance customer satisfaction. It is a key for companies to stand out in global trade.

02/05/2026 Customs Knowledge
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Global Trade Streamlined Through Enhanced Cooperation

Global Trade Streamlined Through Enhanced Cooperation

This paper explores how to enhance global trade efficiency through international cooperation and streamlined processes. It emphasizes the importance of transparent fees, single windows, advance processing of customs declarations, standardized documentation, and regulatory transparency. The paper suggests establishing consultation mechanisms and advance ruling systems to promote trade facilitation. These measures aim to reduce trade costs, improve predictability, and foster a more open and efficient global trading environment. Ultimately, enhanced trade facilitation benefits businesses of all sizes and contributes to economic growth.

02/05/2026 Customs Knowledge
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Trade Reforms Boost Global Commerce Growth

Trade Reforms Boost Global Commerce Growth

The US trade facilitation proposal aims to simplify cross-border trade processes, reduce costs, and improve efficiency, particularly benefiting SMEs. The proposal emphasizes a transparent and efficient regulatory system. It addresses specific issues through a gradual approach, considering the concerns of all parties. Ultimately, the goal is to build a more open and efficient global trading system. The focus is on practical solutions and incremental improvements to streamline trade procedures and reduce bureaucratic hurdles for businesses of all sizes.

02/05/2026 Customs Knowledge
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WCO Explores Global Trade Facilitation Efforts

WCO Explores Global Trade Facilitation Efforts

The World Customs Organization (WCO) Secretariat is a key player in global trade, responsible for strategic planning, technical support, capacity building, and international standard setting. Composed of the Policy and Standards Directorate and the Implementation and Capacity Building Directorate, the Secretariat enhances global trade efficiency by simplifying customs procedures, promoting information technology applications, and strengthening international cooperation. It contributes to building a more open, inclusive, and sustainable global trading system. Its work is vital for facilitating legitimate trade and ensuring a secure and predictable international trade environment.

02/06/2026 Customs Knowledge
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Estonia Adopts Revised Kyoto Convention to Boost Trade Efficiency

Estonia Adopts Revised Kyoto Convention to Boost Trade Efficiency

The World Customs Organization announced that Estonia has officially acceded to the Revised Kyoto Convention. This signifies Estonia's alignment of its customs management with international standards. By simplifying and harmonizing customs procedures, and applying risk management, this move aims to improve customs clearance efficiency, reduce trade costs, and optimize the investment environment, contributing to global trade facilitation. Estonia's adoption of the Revised Kyoto Convention demonstrates its commitment to streamlined and efficient trade practices, further integrating it into the global trading system.

02/05/2026 Customs Knowledge
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