Customs Valuation and Transfer Pricing Align for Multinationals

Customs Valuation and Transfer Pricing Align for Multinationals

The World Customs Organization (WCO) and the OECD jointly held a seminar in Pretoria, focusing on the nexus between customs valuation and transfer pricing. The conference promoted cooperation between tax and customs authorities, exploring the application of transfer pricing studies in customs valuation. It emphasized information sharing, aiming to build a fairer international trade environment. Discussions centered on how transfer pricing methodologies can inform customs valuation practices, ensuring accurate and equitable assessment of goods for duty purposes. The initiative seeks to enhance transparency and combat illicit financial flows related to trade.

12/30/2025 Customs Knowledge
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High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

China's social logistics costs remain high, placing a heavy burden on enterprises and affecting economic transformation. Various fees are still widespread, particularly in highways and import-export sectors, with high costs and inconsistent standards, intensifying pressure on businesses. It is crucial to strengthen policy implementation, regulate charging mechanisms, and promote cost reduction to enhance enterprise competitiveness and achieve sustainable economic development.

07/28/2025 Logistics
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Air Freight's '+' Symbol Key to Tiered Pricing, Cost Savings

Air Freight's '+' Symbol Key to Tiered Pricing, Cost Savings

This article explains the meaning of the "+" symbol in air freight quotes, primarily used to indicate the weight limit in kilograms. For example, "100+" signifies over 100 kilograms. It provides a detailed analysis of tiered pricing for air freight, the distinction between heavy cargo and volumetric cargo, and specific methods for calculating costs, helping readers better understand air freight expenses.

07/28/2025 Logistics Encyclopedia
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Optimizing Shipping Costs Weight Vs Volume Strategies

Optimizing Shipping Costs Weight Vs Volume Strategies

International express shipping costs are determined by the greater of the actual weight and volumetric weight. Lightweight, bulky goods are volume-driven, while heavy goods are weight-driven. Savvy businesses should strategically manage costs based on the characteristics of their goods by compressing volume and optimizing packaging. This allows them to gain a competitive edge in international trade by effectively controlling logistics expenses.

01/15/2026 Logistics Encyclopedia
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LA Port Tariffs Spark Trucking Industry Crisis

LA Port Tariffs Spark Trucking Industry Crisis

The Port of Los Angeles has experienced a significant drop in throughput due to tariff policies, leading to a severe business downturn for truck drivers. Both year-over-year and month-over-month throughput have declined, with an increase in canceled sailings. Retailers' restocking strategies have proven ineffective. The trade war is increasing uncertainty, potentially affecting holiday season commodity prices and supply. The article urges businesses to diversify trading partners, optimize supply chain management, and strengthen international cooperation. This situation highlights the vulnerability of the port and its related industries to global trade tensions.

01/06/2026 Logistics Industry Insights
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RXO Charts Postspinoff Strategy After XPO Logistics Split

RXO Charts Postspinoff Strategy After XPO Logistics Split

XPO Logistics completed the spin-off of its truck brokerage and asset-light transportation business, with RXO officially established and listed. This article delves into RXO's market strategy, competitive advantages, and future development direction, focusing on its technology-driven business model, market response strategies, and development prospects in the macroeconomic environment. Through an interview with RXO's CEO, the article showcases the company's grasp of market opportunities and its commitment to shareholder value. It analyzes how RXO plans to leverage technology and strategic positioning to navigate the evolving logistics landscape.

01/16/2026 Logistics Industry Insights
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XPO Logistics Spinoff RXO Boosts LTL Market Value

XPO Logistics Spinoff RXO Boosts LTL Market Value

XPO Logistics announced preliminary Q3 results and long-term targets, highlighting strong performance in its North American LTL business with significant revenue growth. The company plans to spin off its North American truck brokerage business, RXO, aiming to improve operational efficiency and shareholder value. RXO will focus on technology-driven freight services, while XPO will become a pure-play LTL transportation leader. Both companies are expected to achieve greater development in their respective fields. The strategic split is intended to unlock value and allow each entity to pursue independent growth strategies.

01/16/2026 Logistics
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Supreme Court Ruling Disrupts Port of Las Green Logistics Plan

Supreme Court Ruling Disrupts Port of Las Green Logistics Plan

The U.S. Supreme Court's ruling on the Port of Los Angeles' Clean Truck Program has sparked renewed scrutiny of green logistics. While the ruling limits the port's regulatory power over trucking companies, the Port of Los Angeles remains committed to emission reduction. Moving forward, the port needs to explore innovative regulatory approaches within the legal framework, strengthen collaboration with trucking associations, and promote technological innovation to achieve a win-win situation for economic development and environmental protection. This is essential to maintain a leading position in the global trend of green port development.

01/15/2026 Logistics
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Trucking Industry Warns Vaccine Mandate May Deepen Supply Chain Woes

Trucking Industry Warns Vaccine Mandate May Deepen Supply Chain Woes

The US trucking industry is expressing concerns over the Biden administration's vaccine mandate, fearing it could lead to a mass exodus of drivers, exacerbating existing supply chain bottlenecks and threatening economic recovery. The industry is urging the government to reconsider the policy, taking into account the unique nature of truck drivers' work and allowing for certain exemptions to ensure the stable operation of the logistics sector. They argue that a significant driver shortage would further cripple the already strained supply chain, impacting the delivery of essential goods and services nationwide.

01/19/2026 Logistics Industry Insights
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Bulldog Hiway CEO Addresses Infrastructure and Trucker Shortage

Bulldog Hiway CEO Addresses Infrastructure and Trucker Shortage

In an interview, Bulldog Hiway Express CEO Phil Byrd discussed the current state and challenges of US transportation infrastructure, emphasizing the importance of a stable Highway Trust Fund and urging Congress to develop a visionary strategy for intelligent highway systems. He also highlighted the driver shortage facing the trucking industry, stressing the need to improve driver compensation and enhance the industry's appeal to attract and retain qualified professionals. This includes focusing on better working conditions and benefits to address the growing demand for truck drivers in the logistics sector.

01/19/2026 Logistics Industry Insights
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