New Guide Aims to Streamline Customs Valuation Processes

New Guide Aims to Streamline Customs Valuation Processes

This guide aims to help import and export companies understand the customs valuation intelligence exchange mechanism. By clarifying the importing country's customs self-assessment checklist, the golden rules of intelligence exchange, and upgraded measures, it helps businesses mitigate risks, accelerate customs clearance processes, and enhance international trade competitiveness. It provides practical guidance on leveraging intelligence exchange to ensure accurate valuations and avoid potential penalties, ultimately leading to more efficient and compliant trade operations.

High-speed Rail Express: A New Mode of Cost-effective Logistics Innovation

High-speed Rail Express: A New Mode of Cost-effective Logistics Innovation

High-speed railway express has emerged as a new logistics method since the route from Shenzhen North to Changsha South commenced, transporting 15 tons of goods daily and reducing costs by over 25% compared to air transport. Despite challenges such as limited loading capacity and heavy transportation demands, the potential and prospects for high-speed railway express remain promising, potentially offering new growth opportunities for the express industry in the future.

07/21/2025 Logistics
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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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Bank of America Index Shows High Costs Low Volumes in US Logistics

Bank of America Index Shows High Costs Low Volumes in US Logistics

The Bank of America Freight Payment Index indicates a decrease in freight volumes during the fourth quarter, while freight spending reached a record high. Driver shortages, rising fuel prices, and ongoing supply chain challenges are key contributing factors. Regional performance varied, with the Western region experiencing the largest increase in spending. To navigate these challenges, businesses need to optimize their supply chains, strengthen collaboration, diversify transportation options, and embrace digital transformation. These strategies are crucial for mitigating the impact of rising costs and ensuring efficient freight operations in the current economic climate.

China's Exporters Struggle With Soaring Logistics Costs Amid Global Shipping Slump

China's Exporters Struggle With Soaring Logistics Costs Amid Global Shipping Slump

Currently, foreign trade enterprises are facing high logistics costs, primarily due to the complexities of international transportation chains and inefficient traditional logistics models. Although policies aim to alleviate this burden, there are still many challenges in practice. The integration of internet technology offers a viable solution for optimizing logistics, promoting efficient resource integration and reducing transportation costs. In the future, the logistics industry is expected to develop towards intensification and intelligence.

07/28/2025 Logistics
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Logistics MA Trends Favor Strategic Growth Over Scale

Logistics MA Trends Favor Strategic Growth Over Scale

PwC's report indicates a shift in logistics M&A focus from scale expansion to strategic positioning. Buyers prioritize niche segments with reliable growth, operational efficiency, and high barriers to entry. Technology modernization, supply chain resilience, and specialized logistics services are key investment areas. This signals a future for the logistics industry characterized by greater sophistication, specialization, and intelligence, as companies seek to bolster their competitive advantage and navigate evolving market demands.

AI and Data Governance Transform Supply Chain Strategies

AI and Data Governance Transform Supply Chain Strategies

The precision of supply chain decisions relies on a high-quality data foundation. This paper explores how to build a robust data management strategy through data governance, master data management, and artificial intelligence (AI) technologies. The goal is to improve the quality and availability of supply chain data, thereby optimizing demand forecasting, inventory management, transportation routes, and risk prediction. Ultimately, this enhances operational efficiency and competitive advantage for businesses.

Market Forces Drive Retirement of A340 and A380 Jets

Market Forces Drive Retirement of A340 and A380 Jets

The retirements of A340 and A380 fleets by Virgin Atlantic and Air France signal a profound shift in the aviation industry. High operating costs, changing market demands, and environmental pressures are key drivers. Newer aircraft, with their increased efficiency and lower emissions, are gradually replacing these aerial giants. The aviation industry is evolving towards greater efficiency, environmental friendliness, and intelligence, creating new opportunities for airlines and passengers alike.

West and Central Africa Boost Security with Customs Network

West and Central Africa Boost Security with Customs Network

The West and Central Africa Customs Organization (WCO) enhanced the intelligence capabilities and Customs Enforcement Network (CEN) application skills of customs officers in the region through a webinar. This initiative aims to strengthen intelligence sharing and jointly combat fraud and transnational organized crime, thereby maintaining regional security and stability. The webinar focused on improving the officers' abilities to collect, analyze, and disseminate customs intelligence, ultimately contributing to a more effective and coordinated approach to law enforcement within the region.