WCO Aids Asiapacific Customs in Tackling Plastic Waste

WCO Aids Asiapacific Customs in Tackling Plastic Waste

The World Customs Organization (WCO) assists Asia-Pacific customs in enhancing plastic waste management capabilities through virtual diagnostic missions, tailored implementation plans, and regional workshops, addressing cross-border plastic waste challenges. The Basel Convention amendment's entry into force marks a new phase in global plastic waste governance. Data empowerment will improve the precision and effectiveness of plastic waste management, fostering a cleaner and more sustainable future. These efforts highlight the importance of international collaboration and innovative approaches to tackle the growing problem of plastic pollution.

01/30/2026 Customs Knowledge
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Trade War Uncertainty Spurs Global Supply Chain Adjustments

Trade War Uncertainty Spurs Global Supply Chain Adjustments

This paper delves into the tariff policies during the Trump administration, the impact of US government shutdowns, and the termination of the 'de minimis' rule. It analyzes the effects of these factors on corporate supply chains, cost structures, compliance, and operational strategies. Furthermore, it offers coping strategies, including utilizing bonded warehouses and free trade zones, to help companies navigate the complex international trade environment effectively and stably.

11/03/2025 Customs Knowledge
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Global Electric Shipping New Era: Norway Plans to Build Largest All-electric Container Ship

Global Electric Shipping New Era: Norway Plans to Build Largest All-electric Container Ship

Norway's Eitzen Group plans to build the world's largest all-electric container ship, receiving approximately $19 million in government support. This vessel will be equipped with over 100 megawatt-hours of batteries and will focus on transportation between Norway, Sweden, and Germany. This initiative marks a new phase in electric shipping, heralding a future for sustainable development. The current largest electric container ship is COSCO's 'Greenwater 01'.

06/18/2025 Logistics
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Port Klang Price Hike Shakes Freight Forwarding Industry: How Will Companies Respond?

Port Klang Price Hike Shakes Freight Forwarding Industry: How Will Companies Respond?

Port Klang announced a phased increase in container handling and storage fees starting in 2025, with a maximum rise of 243%. This policy has far-reaching effects on the global freight forwarding industry, squeezing profits for some companies and prompting more customers to turn to alternative ports. In response, freight forwarders are seeking strategies to cope with these changes, adjusting pricing mechanisms while also facing government bailouts.

06/20/2025 Logistics
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Malaysia Airlines Faces Shutdown Crisis Following Suspension Of Funding From Khazanah

Malaysia Airlines Faces Shutdown Crisis Following Suspension Of Funding From Khazanah

Malaysia Airlines faces a shutdown crisis, with Khazanah Nasional possibly halting further investments. If negotiations with creditors for restructuring fail, the airline may face bankruptcy by year-end due to the impact of the pandemic. The government is likely to stop funding and redirect resources to budget carrier Firefly. The future looks bleak, and the industry is closely watching whether Malaysia Airlines can turn the situation around.

07/28/2025 Airlines
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Cleveland's Burke Lakefront Airport Maintains Vital Regional Role

Cleveland's Burke Lakefront Airport Maintains Vital Regional Role

Cleveland Burke Lakefront Airport is the first downtown airport in the United States, located in Cleveland, Ohio. Since its completion in 1947, the airport has continuously developed under city government management, featuring two runways and undergoing multiple expansions and renovations. Although it has not operated commercial flights since 2006, it still serves as a backup airport for Cleveland’s main airport, highlighting its significance in the aviation sector.

07/29/2025 Logistics
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Zimbabwe Launches Trade Single Window with WCO Support

Zimbabwe Launches Trade Single Window with WCO Support

The WCO supports Zimbabwe's Electronic Single Window project, aiming to improve government collaboration. Experts shared experiences, emphasizing stakeholder engagement and data harmonization to streamline Zimbabwe's trade processes. The initiative seeks to reduce trade barriers, improve efficiency, and enhance transparency. By implementing a single platform for all trade-related documentation and procedures, Zimbabwe aims to boost its competitiveness in the global market and facilitate smoother cross-border trade.

01/05/2026 Customs Knowledge
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Germanys Proposed Aviation Fuel Tax Draws IATA Criticism

Germanys Proposed Aviation Fuel Tax Draws IATA Criticism

IATA strongly opposes the German government's proposed aviation fuel tax, arguing it will weaken the competitiveness of the German aviation industry, hinder economic growth, and burden consumers. IATA urges the German government to reconsider the plan and collaborate with the aviation industry to find more effective fiscal solutions. They advocate for supporting the sustainable development of the aviation industry rather than treating it as a 'cash cow'.

01/28/2026 Logistics Industry Insights
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Strong US Jobs Growth Dims Hopes for Fed Rate Cuts

Strong US Jobs Growth Dims Hopes for Fed Rate Cuts

US March non-farm payroll data significantly exceeded expectations, with a decrease in the unemployment rate and an increase in the labor force participation rate. However, the surge in government employment and growth in low-wage industries are noteworthy. This robust data may prompt the Federal Reserve to delay interest rate cuts, challenging market expectations for rate reductions. Investors should closely monitor subsequent inflation data.

02/12/2026 Exchange Rate Query
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US Rail Freight Gains in Carloads Loses in Intermodal

US Rail Freight Gains in Carloads Loses in Intermodal

According to the Association of American Railroads, U.S. rail carload traffic edged up 0.3% for the week ending October 18th, while intermodal traffic decreased by 4.8% year-over-year. Despite positive year-to-date cumulative figures, the market faces economic uncertainties and competitive pressures. Railroad companies need to improve efficiency and expand their business, and the government should increase infrastructure investment to jointly address the challenges.

01/21/2026 Logistics
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