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.

01/21/2026 Logistics Industry Insights
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Ghana Forms New Customs Committee to Enhance Tema Port Trade

Ghana Forms New Customs Committee to Enhance Tema Port Trade

The Ghana Revenue Authority has established a Joint Customs Consultative Committee at Tema Port. This initiative aims to promote trade facilitation, reduce compliance costs for businesses, and enhance customs efficiency and transparency. The committee will serve as a platform for dialogue and collaboration between the GRA and stakeholders in the trading community. By addressing concerns and streamlining processes, the GRA seeks to create a more efficient and predictable trading environment, ultimately contributing to economic growth.

01/07/2026 Customs Knowledge
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Ebay Sellers Guide Boosting Ratings and Performance

Ebay Sellers Guide Boosting Ratings and Performance

This article provides an in-depth analysis of eBay seller level criteria and their importance. It details the level divisions in the US market and offers specific operational suggestions for improving seller level. It helps sellers understand how to optimize store operations to achieve higher ratings and enhance store competitiveness on eBay. By understanding the metrics and implementing the suggested strategies, sellers can improve their visibility, build trust with buyers, and ultimately drive sales.

12/29/2025 Customs Knowledge
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Ebay Seller Levels Key Ratings and Improvement Tips

Ebay Seller Levels Key Ratings and Improvement Tips

This article provides an in-depth analysis of eBay seller level evaluation criteria and improvement strategies. It emphasizes that sellers should focus on key metrics such as transaction defect rate and unresolved disputes. By optimizing product listings and improving service quality, sellers can achieve a steady improvement in their store level, rather than seeking deceptive methods like 'buying store level'. The focus is on genuine improvement through adherence to eBay's standards and providing a positive customer experience.

01/04/2026 Logistics Encyclopedia
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Ebay Seller Levels Standards and Optimization Guide

Ebay Seller Levels Standards and Optimization Guide

The eBay seller level system is a crucial standard for the platform to evaluate seller performance, categorized into Top Rated, Above Standard, Standard, and Below Standard. The evaluation is based on transaction volume, defect rate, dispute rate, customer reviews, and service ratings. Sellers should pay attention to these metrics and optimize their products and services to improve their level and gain access to more platform resources. Aiming for a higher seller level can significantly benefit eBay businesses.

01/06/2026 Logistics Encyclopedia
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Burkina Faso Boosts Customs Valuation with WCO Assistance

Burkina Faso Boosts Customs Valuation with WCO Assistance

The World Customs Organization (WCO) provided technical assistance to the Burkina Faso Customs Administration to support the restoration of its autonomous customs valuation function. The first phase assessment has been completed, with the expert team offering recommendations through diagnostic assessments and collaborative dialogue. These recommendations aim to strengthen risk management, implement post-clearance audits, and enhance the capabilities of valuation officers. The ultimate goal is to build an autonomous and efficient customs valuation system for Burkina Faso.

01/05/2026 Customs Knowledge
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WCO and Businesses Collaborate to Reform Global Trade

WCO and Businesses Collaborate to Reform Global Trade

The WCO dialogue with the private sector focused on trade facilitation, sustainability, and business continuity. It highlighted the role of public-private partnerships in empowering women, promoting green supply chains, enhancing compliance efficiency, and building resilient trade. The meeting fostered collaboration between the public and private sectors, aiming to strengthen trade facilitation, promote sustainable practices, and ensure business continuity in an evolving global landscape. Key areas of discussion included leveraging technology and fostering inclusive trade policies.

01/05/2026 Customs Knowledge
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WCO Private Sector Collaborate to Strengthen Global Supply Chains

WCO Private Sector Collaborate to Strengthen Global Supply Chains

The WCO Private Sector Consultative Group (PSCG) meeting and Policy Commission dialogue focused on business recovery, data strategy, and green customs. Participants emphasized the need to make trade facilitation measures permanent, leverage data-driven strategies for planning, and promote green customs to build a sustainable trade ecosystem. The discussions centered on jointly addressing global trade challenges and building more resilient supply chains. The aim is to foster a robust and adaptable global trade environment capable of weathering future disruptions.

01/26/2026 Customs Knowledge
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