FTZ Cargo Classification Model Boosts Global Trade Efficiency

FTZ Cargo Classification Model Boosts Global Trade Efficiency

The customs of the Free Trade Zone has launched a cargo status classification supervision model, allowing both bonded and non-bonded goods to be stored in the same warehouse. This model not only effectively reduces operational costs for enterprises but also enhances business efficiency and market competitiveness. Companies like Yuanchu International Logistics have utilized this innovative scheme to achieve resource integration and diversified development, contributing to the modernization of the logistics system in the Shanghai Free Trade Zone.

07/29/2025 Logistics
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Hazardous Goods Classification Vital for Global Freight Safety

Hazardous Goods Classification Vital for Global Freight Safety

The report on the classification and identification of dangerous goods plays a crucial role in international cargo transportation. Its main functions include providing information on the handling of hazardous materials and determining whether goods inspections are required for customs clearance. Proper handling of this report necessitates the provision of samples and safety data sheets, with fees typically around 1500 yuan, depending on the responsible agency. This report is valid for one year and helps ensure smooth transportation and customs processes.

07/29/2025 Customs Knowledge
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WCO Seeks to Streamline Global Trade Classification Standards

WCO Seeks to Streamline Global Trade Classification Standards

The World Customs Organization's midterm report affirms the HS's central role and recommends improvements to its usability and functionality to address evolving trade patterns. The report encourages active participation from all parties in the assessment process. The focus is on ensuring the Harmonized System remains a relevant and effective tool for international trade classification and customs procedures in a rapidly changing global landscape. This will involve streamlining processes and adapting to new technologies to enhance its overall effectiveness and accessibility.

01/05/2026 Customs Knowledge
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2025 Freight Classification Changes to Affect Logistics Costs

2025 Freight Classification Changes to Affect Logistics Costs

NMFTA will reform the NMFC in 2025 to simplify classification, enhance transparency, and adapt to modern logistics. The reform focuses on new trends such as density-based pricing, aiming for a win-win future for all stakeholders. This update seeks to streamline the process and better reflect the current realities of the freight industry, ultimately impacting logistics costs and how freight is classified and rated. The changes are designed to improve efficiency and clarity within the National Motor Freight Classification system.

01/20/2026 Logistics
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WCO Updates Harmonized System for Global Trade Classification

WCO Updates Harmonized System for Global Trade Classification

The 59th session of the World Customs Organization's Harmonized System Committee released commodity classification decisions with significant implications for global trade rules. Import and export companies should closely monitor the revisions, understand their national customs implementation details, and consider utilizing professional organizations for commodity classification advance rulings to ensure trade compliance. This proactive approach minimizes potential risks and ensures smooth international trade operations.

01/22/2026 HS Code Query
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HS Code Lookup Tools Boost Global Trade Compliance

HS Code Lookup Tools Boost Global Trade Compliance

This article provides foreign trade enterprises with an authoritative navigation guide to HS code query websites. It selects multiple comprehensive, professional, and industry-specific platforms to help companies efficiently and accurately find HS codes, reduce trade risks, and improve customs clearance efficiency. It also reminds companies to pay attention to HS code updates and suggests consulting professionals when in doubt. This guide aims to streamline the HS code lookup process for businesses engaged in international trade, ensuring compliance and minimizing potential delays.

09/26/2025 HS Code Query
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WCO Report Green HS Codes Boost Sustainable Trade

WCO Report Green HS Codes Boost Sustainable Trade

The WCO report highlights the crucial role of HS codes in promoting environmentally friendly trade, as discussed in the "Visualizing Green HS" workshop. The report emphasizes the need for collaboration to translate discussions into action, optimizing the HS coding system to identify and facilitate trade in environmentally sound goods. This aims to drive global sustainable development and provide a clear roadmap for the greening of HS codes. It underscores the importance of a harmonized system that accurately reflects and supports green trade initiatives worldwide.

01/05/2026 Customs Knowledge
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Comoros Modernizes Customs System to Enhance Trade

Comoros Modernizes Customs System to Enhance Trade

With the assistance of the World Customs Organization (WCO), Comoros has upgraded its national commodity nomenclature to the HS 2012 version and signed the instrument of accession to the HS Convention. This aims to improve Comoros' trade efficiency, tariff revenue, and international image, bringing new opportunities for its economic development. Capacity building will follow to enhance customs officers' understanding and application of the HS.

12/30/2025 Customs Knowledge
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Customs Tax Exemption Nature Code Explained: Classification and Application

Customs Tax Exemption Nature Code Explained: Classification and Application

The customs exemption nature codes are used to classify the taxation and exemption of import and export goods into five categories: statutory taxation, statutory exemptions, specific exemptions, other exemptions, and provisional tax rates. Each code consists of three digits that clarify the nature and order of taxation or exemption. This system holds significant guiding significance and practical value for reasonable customs declaration and tax compliance.

07/21/2025 Logistics Encyclopedia
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The Importance of Marking and Its Classification in Logistics

The Importance of Marking and Its Classification in Logistics

Markings play a crucial role as identifiers in logistics and transportation, divided into primary and side markings that provide detailed information and general instructions, respectively. Accurate markings are essential for cargo identification and customs clearance, especially in situations involving less-than-container load (LCL), where any discrepancies can lead to transportation confusion. Ensuring that documents match the actual markings is key to efficient customs clearance and smooth ca

07/16/2025 Logistics Encyclopedia
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