Serbia Enhances Trade Via WCO Mercator Program

Serbia Enhances Trade Via WCO Mercator Program

The World Customs Organization (WCO) successfully completed a Mercator Program assessment of Serbian Customs, marking significant progress in trade facilitation for Serbia. The assessment aimed to understand Serbia's current compliance with the WTO's Trade Facilitation Agreement and develop a tailored action plan. The WCO will provide technical assistance through the PMFE to help Serbia improve its trade facilitation level and promote economic growth. This initiative will support Serbia in streamlining customs procedures and reducing trade costs, ultimately boosting its competitiveness in the global market.

01/26/2026 Customs Knowledge
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New Customs Rules Affect Licensing Fees Royalties

New Customs Rules Affect Licensing Fees Royalties

The World Customs Organization (WCO) has released new Advisory Opinion 4.19 on customs valuation, addressing the complex valuation issues related to royalties and license fees under Article 8.1(c) of the Customs Valuation Agreement. This opinion clarifies the valuation principles for single royalties encompassing both patents and trademarks. It assists businesses in accurately calculating import costs, reducing valuation disputes, and promoting the healthy development of international trade. This guidance aims to provide clarity and consistency in the application of customs valuation rules related to intellectual property rights.

01/26/2026 Customs Knowledge
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Armenia Joins Istanbul Convention to Boost Trade

Armenia Joins Istanbul Convention to Boost Trade

Armenia's accession to the Istanbul Convention aims to simplify international trade procedures, reduce costs, and expand access to overseas markets, ultimately fostering economic development. By adopting the ATA Carnet system, Armenia streamlines customs procedures for temporary imports, benefiting businesses involved in exhibitions, fairs, and professional equipment movement. This move is expected to enhance trade facilitation, making it easier and more efficient for Armenian companies to engage in global commerce and attract foreign investment. The convention's implementation promises to boost Armenia's competitiveness in the international arena.

01/26/2026 Customs Knowledge
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Nigeria Customs Modernizes Trade with Improved Ruling System

Nigeria Customs Modernizes Trade with Improved Ruling System

Nigeria Customs is set to launch an “Advance Ruling” program to streamline customs clearance procedures and improve efficiency. This initiative aims to facilitate trade, achieve mutual benefits for all stakeholders, and contribute to economic development. The implementation of the Advance Ruling System is expected to provide traders with greater certainty and predictability regarding the classification, origin, and valuation of goods before importation, thereby reducing delays and costs associated with customs clearance. This will ultimately boost trade volumes and enhance Nigeria's competitiveness in the global market.

01/26/2026 Customs Knowledge
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Air Cargo Industry Urges Smarter Shipping Strategies

Air Cargo Industry Urges Smarter Shipping Strategies

This article provides an in-depth analysis of the three core space types in international air freight (passenger aircraft belly, freighter main deck, and freighter lower deck). It clarifies the indirect impact of passenger flight cabin classes on cargo transportation and offers key recommendations for shippers when selecting space. The aim is to help shippers make more informed decisions and optimize their cargo transportation plans. By understanding the nuances of each space type, shippers can improve efficiency and potentially reduce costs associated with international air freight.

01/26/2026 Logistics Encyclopedia
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Global Firms Adapt Expansion Strategies Amid Market Shifts

Global Firms Adapt Expansion Strategies Amid Market Shifts

The global overseas environment is shifting towards "rules and costs," requiring companies to focus on structural trade opportunities, refined financial management, and energy transformation. This report analyzes trade shifts, interest rate paths, freight rates, and cost variables. It proposes differentiated strategies for regions like North America, Europe, Southeast Asia, and the Gulf, emphasizing compliance, supply chain optimization, and energy storage chain deployment. This aims to help businesses seize growth opportunities amidst global changes. Companies should focus on cost-effective solutions and adapt to evolving regulations to succeed.

01/26/2026 Logistics Industry Insights
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House Investigates Pandemicera Shipping Rate Surge

House Investigates Pandemicera Shipping Rate Surge

The U.S. House of Representatives sent letters to Maersk, CMA CGM, and Hapag-Lloyd, demanding explanations for soaring ocean freight rates during the pandemic, alleging potential “predatory behavior.” This investigation stems from concerns about skyrocketing shipping costs and aims to regulate the market and protect consumer interests. The shipping industry faces increasing regulatory pressure and needs to proactively address these challenges by embracing digital transformation and environmentally friendly practices. The investigation highlights the ongoing scrutiny of the industry's practices and the need for greater transparency.

01/29/2026 Logistics
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Goodstoperson Automation Boosts Warehouse Efficiency

Goodstoperson Automation Boosts Warehouse Efficiency

Say goodbye to traditional warehouse picking and embrace Goods-to-Person technology, a key to boosting efficiency and reducing costs. Leveraging its technological advantages and extensive experience, DHL Supply Chain offers comprehensive Goods-to-Person automation solutions to help businesses achieve digital transformation and stand out in a competitive market. This approach optimizes order fulfillment by bringing the goods directly to the picker, minimizing travel time and maximizing throughput. By implementing this technology, companies can streamline their warehouse operations and improve overall supply chain performance.

01/29/2026 Logistics Industry Insights
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3pls Drive Warehouse Efficiency with Goodstoperson Tech

3pls Drive Warehouse Efficiency with Goodstoperson Tech

This paper explores how Goods-to-Person (G2P) technology revolutionizes warehouse logistics, enhancing efficiency, accuracy, and reducing costs. It emphasizes the critical role of Third-Party Logistics (3PL) in enterprise transformation. A deep analysis of how DHL Supply Chain leverages its expertise, technical support, and continuous optimization to help companies successfully deploy and operate G2P systems is presented. This ultimately enables businesses to gain a competitive edge in the digital age by improving order fulfillment and streamlining warehouse operations through automated solutions and strategic partnerships.

01/29/2026 Logistics Industry Insights
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Browserbased Label Tools Streamline Supply Chain Efficiency

Browserbased Label Tools Streamline Supply Chain Efficiency

By adopting a browser-based, enterprise-level labeling solution, businesses can effectively manage supplier labeling practices, ensuring incoming materials meet labeling standards. This enhances supply chain visibility, reduces operational costs, and optimizes inventory turnover, ultimately improving overall operational efficiency. The solution provides better control over labeling, leading to improved data accuracy and streamlined processes. This results in fewer errors, faster processing times, and a more responsive and efficient supply chain. Furthermore, it allows for better tracking and tracing of goods throughout the supply chain.

01/29/2026 Warehousing
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