Iran Boosts Trade Efficiency with Wcobacked HS Code Reform

Iran Boosts Trade Efficiency with Wcobacked HS Code Reform

Iran, with the support of the World Customs Organization (WCO), held a national workshop focusing on the application and optimization of the Harmonized System (HS) Code. This initiative aims to enhance the professional skills of customs officials, optimize classification methods, and promote trade development. This will lead to faster customs clearance, lower trade costs, and clearer trade regulations for businesses, helping Iran play a greater role in the global trade arena.

01/20/2026 Customs Knowledge
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USPS Cuts Losses Amid Reform Efforts and Ongoing Challenges

USPS Cuts Losses Amid Reform Efforts and Ongoing Challenges

USPS narrowed its losses in the second quarter, reporting revenue growth despite a decline in package volume. A transformation plan is underway aiming to improve operations, but its effectiveness remains to be seen. The future presents both opportunities and challenges for the postal service. The reduction in losses offers a glimmer of hope, but sustained growth and efficiency gains are crucial for long-term financial stability in a rapidly evolving logistics landscape. The success of the transformation will determine USPS's ability to adapt and thrive.

01/21/2026 Logistics
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South Africa Transport New Regulations RCG Declaration to Be Officially Implemented to Support Customs Compliance Management

South Africa Transport New Regulations RCG Declaration to Be Officially Implemented to Support Customs Compliance Management

The South African Revenue Service announces that the Transport and Cargo Declaration (RCG) will be implemented starting August 1. Shippers are required to declare to South African Customs 24 hours prior to transportation. The new regulations aim to enhance compliance efficiency and mandate detailed information to be filled in both the master and house waybills.

07/24/2025 Logistics
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10 Roads Express Shuts Down Following USPS Contract Changes

10 Roads Express Shuts Down Following USPS Contract Changes

10 Roads Express, a major US trucking company, has collapsed due to a sharp decline in revenue caused by the US Postal Service reform, resulting in the loss of 2,000 jobs. This highlights the risks of over-reliance on a single client and the challenges and transformation needs facing the logistics industry. This article analyzes the reasons for the bankruptcy, its impact on the industry, and prospects for future development trends in the logistics sector. The postal service changes significantly impacted their business model.

01/08/2026 Logistics
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Indepth Analysis of San Antonio Port in Chile Key Port Operations and Service Analysis

Indepth Analysis of San Antonio Port in Chile Key Port Operations and Service Analysis

This article provides an in-depth analysis of the basic conditions, facilities, and operational conditions of the Port of San Antonio in Chile. Key characteristics of the port include a maximum draft of 9.75 meters, daytime entry restrictions, and extensive cargo handling facilities, which collectively provide significant support for maritime trade in Chile and neighboring countries.

07/24/2025 Port Encyclopedia
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China Aims to Cut High Logistics Costs Amid Global Competition

China Aims to Cut High Logistics Costs Amid Global Competition

In China, logistics costs account for 16.6% of GDP, which is 5 percentage points higher than the global average. Low logistics efficiency and effectiveness contribute to rising costs. To reduce logistics costs, efforts should focus on four areas: building systems, sharing resources, innovating logistics models, and optimizing the market environment. These measures aim to enhance overall logistics service efficiency and promote supply-side reform.

07/28/2025 Logistics
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Cape Verde Customs Modernizes with WCOWACAM Efficiency Initiative

Cape Verde Customs Modernizes with WCOWACAM Efficiency Initiative

Supported by the Swedish-funded WCO-WACAM project, the Cabo Verde Tax Authority enhanced its project management and business process optimization capabilities through capacity building missions, laying a solid foundation for customs reform. Brazilian customs experts shared their experiences to help modernize Cabo Verde Customs, optimize clearance procedures, improve service quality, and promote trade facilitation, ultimately achieving the vision of becoming a modern and efficient customs organization.

01/20/2026 Customs Knowledge
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Moldova Advances Customs Reform with SECOWCO Aid Targets 2026 TRS

Moldova Advances Customs Reform with SECOWCO Aid Targets 2026 TRS

Moldova, with the support of the SECO-WCO Global Trade Facilitation Programme, held a virtual Time Release Study (TRS) workshop to assess clearance times and develop a national implementation roadmap. The goal is to complete the TRS report by January 2026, covering import and export processes, and to make it available to all stakeholders. The WCO pledged continued technical support to help Moldova improve trade facilitation and promote economic development. The TRS aims to identify bottlenecks and recommend improvements to streamline border procedures.

12/30/2025 Customs Knowledge
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China Merchants Shekou Evolves from Reform Pioneer to Urban Leader

China Merchants Shekou Evolves from Reform Pioneer to Urban Leader

China Merchants Shekou, originating from the Shekou Industrial Zone, is a pioneer of China's reform and opening-up and a leading integrated developer and operator of cities and parks. Its businesses cover urban development, park operation, and cruise industry, with brand value ranking among the top in the industry. The company actively fulfills its social responsibilities and is committed to promoting sustainable development. It strives to create value for shareholders, customers, and society through innovation and high-quality services.

01/16/2026 Logistics Industry Insights
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USPS Reforms Face Scrutiny Over Speed Cost Savings Claims

USPS Reforms Face Scrutiny Over Speed Cost Savings Claims

The USPS's package handling reform is generating controversy. It aims to improve efficiency by adjusting partnerships with transportation providers. However, industry associations fear potential service delays and increased costs. While the USPS insists it can effectively handle the shifted package volume, the industry urges caution. They advocate for a balanced approach between efficiency and service to avoid market disruptions. The reform's impact on delivery times and overall market stability remains a key concern as the USPS moves forward with its planned changes.

11/03/2025 Logistics
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