Lexin Reports Resilient Q1 Growth Amid New Consumer Finance Standards

Lexin Reports Resilient Q1 Growth Amid New Consumer Finance Standards

Lexin's Q1 financial report was impacted by new accounting standards and the pandemic, putting pressure on book profits. However, financial service revenue grew strongly, and the user base continued to expand. The company actively embraces a new consumer platform strategy, seeking growth points through innovative businesses such as Leka, and strengthening risk control by connecting to the central bank's credit reporting system. Lexin is navigating through uncertainties, demonstrating the potential for steady growth. The strong financial service revenue and user base expansion are key indicators of this potential.

02/11/2026 Logistics Industry Insights
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Guatemala Adopts WCO Standards to Enhance Trade with Swiss Aid

Guatemala Adopts WCO Standards to Enhance Trade with Swiss Aid

The Global Trade Facilitation Programme, a collaboration between the World Customs Organization and the Swiss State Secretariat for Economic Affairs, will provide technical assistance to Guatemalan Customs to facilitate its accession to the Revised Kyoto Convention. This initiative aims to improve the efficiency of Guatemalan Customs, reduce trade costs, enhance trade transparency, and ultimately boost its international competitiveness, fostering economic development. This support is crucial for Guatemala to streamline its customs procedures and align with international best practices.

02/03/2026 Customs Knowledge
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UN383 Standards Key to Lithium Battery Safety in Air Travel

UN383 Standards Key to Lithium Battery Safety in Air Travel

The UN38.3 report is a crucial 'passport' for the safe air transport of lithium batteries. It ensures battery resistance to extreme conditions during transit through rigorous testing, preventing aviation safety incidents. This report applies to all types of lithium batteries and battery-powered devices and requires periodic updates to reflect technological advancements. Proper packaging and labeling are the final defense for safe transportation, ensuring compliance and minimizing risks associated with lithium battery shipments.

02/04/2026 Logistics Encyclopedia
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ANA and TACT Strengthen Air Cargo Standards Over 40 Years

ANA and TACT Strengthen Air Cargo Standards Over 40 Years

ANA's four-decade partnership with TACT sets a benchmark for the air cargo industry. ANA consistently provides accurate rate and rule information, helping TACT build an authoritative global airfreight information platform. This enhances industry transparency, compliance, and efficiency. The collaboration not only improves customer convenience but also promotes innovation and development within the air cargo sector.

01/15/2026 Logistics Industry Insights
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WTO and WCO Partner to Enhance Global Trade Living Standards

WTO and WCO Partner to Enhance Global Trade Living Standards

The Director-General of the World Trade Organization (WTO) emphasized the crucial role of collaboration between trade and customs communities in improving global well-being at the World Customs Organization (WCO) Council meeting. By strengthening information sharing, capacity building, and technological innovation, the WTO and WCO can jointly build a more prosperous, equitable, and sustainable global trading system. This cooperation is essential for facilitating trade, ensuring security, and promoting economic development worldwide. The focus is on streamlining processes and fostering a collaborative environment for mutual benefit.

01/26/2026 Customs Knowledge
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Wcos Ecommerce Framework to Transform Global Trade

Wcos Ecommerce Framework to Transform Global Trade

The World Customs Organization (WCO) Working Group on E-Commerce (WGEC) has finalized a comprehensive e-commerce package, deepening the framework of cross-border e-commerce standards. This package covers key areas such as terminology definitions, technical specifications, and tax administration. It aims to promote the standardization and facilitation of global cross-border e-commerce, providing safeguards for trade growth and consumer rights. The initiative seeks to streamline processes and enhance efficiency in the rapidly evolving landscape of international online trade, fostering a more predictable and secure environment for businesses and consumers alike.

01/05/2026 Customs Knowledge
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Guide to Air Freight Claims for Crossborder Ecommerce Sellers

Guide to Air Freight Claims for Crossborder Ecommerce Sellers

This article provides a comprehensive guide for cross-border e-commerce sellers on international air freight loss and damage claims. It covers evidence preservation, liability determination, claim procedures, compensation standards, and risk mitigation strategies. The aim is to help sellers effectively address issues of lost or damaged goods and protect their rights. It details practical steps for navigating the complexities of air freight claims, ensuring sellers are equipped to handle potential losses and maximize their chances of successful claim resolution. This guide serves as a valuable resource for minimizing financial impact from cargo incidents.

02/03/2026 Logistics Encyclopedia
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UPS Cuts Aircraft Mechanics Benefits Amid Labor Dispute

UPS Cuts Aircraft Mechanics Benefits Amid Labor Dispute

Negotiations between the UPS aircraft maintenance union and the company have stalled over healthcare benefits. The union accuses UPS of planning significant cuts to employee healthcare, while UPS emphasizes its safety standards and commitment to employee well-being. The outcome of these negotiations will impact employee rights and aviation safety. The dispute centers around proposed changes to the healthcare plan, with the union fearing a decrease in coverage and increased costs for its members. UPS maintains that the changes are necessary for financial sustainability and will not compromise employee health.

02/04/2026 Logistics
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US Trademark Guide for Ecommerce Sellers on Usage Proof

US Trademark Guide for Ecommerce Sellers on Usage Proof

This article focuses on the challenge of providing a 'specimen of use' in US trademark registration. It details the standards for acceptable specimens, including website links, product images, and sales order screenshots, and lists common examples of unacceptable specimens. Furthermore, it introduces the 'intent-to-use application' as an alternative strategy to help sellers avoid risks and efficiently complete trademark registration. This option allows applicants to file before actual commercial use, providing a pathway to secure trademark rights based on a bona fide intention to use the mark in the future.

12/30/2025 Customs Knowledge
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Lesotho Enhances Tax Efficiency with Wcobacked Training

Lesotho Enhances Tax Efficiency with Wcobacked Training

The Lesotho Revenue Authority, with the support of the World Customs Organization (WCO), successfully held a workshop on "Competency-Based Human Resource Management" through the "Human Resource Management Competency Building - WCO-UNCTAD Cooperation Project." This initiative aimed to enhance the professional skills of the human capital management team and representatives from various departments. The goal is to build a scientific and rational human resource management system, create an efficient and ethical tax workforce, and provide a solid guarantee for the economic and social development of Lesotho.

02/02/2026 Customs Knowledge
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