World Customs Organization Balances Crisis Response and Global Opportunities

World Customs Organization Balances Crisis Response and Global Opportunities

At the 7th Annual Conference of International Organizations, the Secretary General of the World Customs Organization (WCO) shared WCO's strategies for responding to the COVID-19 pandemic and ensuring the stability of the global supply chain. He emphasized the importance of international cooperation and called for strengthened collaboration in areas such as digital transformation, e-commerce development, and disaster management to jointly address global challenges. The WCO's efforts highlight the crucial role of customs organizations in facilitating trade and ensuring security during times of crisis.

02/03/2026 Customs Knowledge
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Guide to Capital Verification for German Company Registration

Guide to Capital Verification for German Company Registration

This article provides an in-depth analysis of the capital verification requirements for German company registration, the selection of appropriate company types, the capital contribution process, and the compliance pathways for cross-border capital injection. It emphasizes the importance of choosing the right company type, strictly adhering to the capital verification process, paying attention to the compliance of cross-border capital injection, and post-registration operation management. The aim is to offer a detailed and professional guide for businesses intending to operate in Germany.

02/03/2026 Customs Knowledge
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Trucking Industry Driver Turnover Declines Amid Ongoing Challenges

Trucking Industry Driver Turnover Declines Amid Ongoing Challenges

The US trucking industry experienced a significant drop in driver turnover rate during the fourth quarter of 2016. However, the long-term challenge of driver shortage persists. The report analyzes the reasons for the decreased turnover, including a slowdown in freight demand and improved compensation and benefits. It proposes strategies to address the driver shortage, such as increasing wages, improving working conditions, and strengthening training programs. The report emphasizes the need for continued industry efforts to meet future challenges related to driver availability and retention.

02/04/2026 Logistics Industry Insights
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Prologis US Interior Dept Plan Energy AI for Supply Chain Revamp

Prologis US Interior Dept Plan Energy AI for Supply Chain Revamp

GLP discussed the impact of energy and AI on supply chains with the U.S. Department of the Interior, emphasizing energy security as the cornerstone of AI. GLP is transitioning into the energy sector and deploying AI data center inference. The discussion likely covered how energy strategy affects AI development and its integration within supply chains, as well as the role of logistics real estate in supporting these advancements. GLP's move reflects a growing recognition of the interconnectedness of energy, AI, and logistics in the modern economy.

02/04/2026 Logistics Industry Insights
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UPS Faces 68B EU Hurdle in Logistics Market Expansion

UPS Faces 68B EU Hurdle in Logistics Market Expansion

UPS sued the European Commission over its blocked 2013 acquisition of TNT Express, arguing the prohibition was unfair and resulted in significant losses. The case concerns key areas such as antitrust regulation, market competition, and corporate mergers. The ruling's outcome will have a profound impact on future antitrust cases and the logistics industry. Despite the failed acquisition, UPS remains optimistic about the European market and will continue to pursue its European investment plans. The lawsuit seeks compensation for damages incurred due to the Commission's decision.

02/04/2026 Logistics
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New VGM Rules Help Shippers Avoid Costly Penalties

New VGM Rules Help Shippers Avoid Costly Penalties

This article provides an in-depth interpretation of the new Container VGM regulations, emphasizing the importance of the VGM system for maritime safety. It clarifies the responsibilities of shippers and actual packers, details the three key steps in VGM operation, and highlights common operational errors. The aim is to help readers better understand and implement VGM regulations, avoid potential risks, and ensure smooth cargo flow. The article stresses the critical role of accurate VGM data in preventing accidents and ensuring the safety of ships and cargo.

02/05/2026 Logistics
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WCO and WTO Boost Trade Facilitation for Global Businesses

WCO and WTO Boost Trade Facilitation for Global Businesses

This article interprets the key issues discussed at the joint meeting of the WCO Trade Facilitation Agreement Working Group (TFAWG) and the Permanent Technical Committee (PTC). It analyzes the progress of the WTO TFA, the WCO Mercator Program, and Time Release Studies. Furthermore, it provides actionable guidance for businesses, helping them to capitalize on trade facilitation opportunities and enhance their global competitiveness. The article highlights the importance of understanding and adapting to these initiatives to improve efficiency and reduce trade costs for businesses operating internationally.

02/05/2026 Customs Knowledge
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Malaysiachina Strengthen Ties in Trade Transport and Culture

Malaysiachina Strengthen Ties in Trade Transport and Culture

This article provides a comprehensive overview of various transportation options from Malaysia to China, including air, sea, and land routes. It delves into the close ties between the two countries in economic and cultural spheres. The analysis highlights the complementarity of China-Malaysia trade and the diversity of cultural exchange, showcasing the mutually beneficial strategic partnership between the two nations. The paper emphasizes the thriving relationship built upon economic cooperation and people-to-people connections, contributing to a stronger and more prosperous future for both countries.

02/05/2026 Logistics Encyclopedia
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WCO Private Sector Collaborate to Streamline Global Trade

WCO Private Sector Collaborate to Streamline Global Trade

The World Customs Organization (WCO) Private Sector Consultative Group (PSCG) met with the Policy Commission (PC) to discuss key issues including business resumption, data strategy, and Green Customs. The meeting highlighted the critical role of customs during the pandemic and called for the permanent implementation of trade facilitation measures. Participants emphasized leveraging data strategies and Green Customs initiatives to build a sustainable trade system. The importance of strengthening cooperation between customs and the private sector to reshape the global trade landscape was also underscored.

02/12/2026 Customs Knowledge
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Revised Kyoto Convention Enters Key Consultation Phase

Revised Kyoto Convention Enters Key Consultation Phase

The 29th session of the Kyoto Convention Management Committee focused on crucial consultations regarding the comprehensive review, discussing potential draft texts for specific annexes, including goods handling, postal traffic, and relief consignments. The meeting emphasized the importance of revising the Kyoto Convention to adapt to global trade changes and called for active participation from all parties to jointly promote the facilitation and security of international trade. The discussions aimed to streamline customs procedures and enhance trade efficiency in line with the Kyoto Convention principles.

02/12/2026 Customs Knowledge
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