WCO Introduces New Customs Strategies to Strengthen Supply Chains

WCO Introduces New Customs Strategies to Strengthen Supply Chains

The Secretary General of the World Customs Organization emphasized the importance of global supply chain resilience at the Asian Development Bank Institute Annual Conference. He highlighted six key challenges: digitalization, data standardization, disruptive technologies, e-commerce, environment, and border conflicts. He called for strengthened customs cooperation, simplified clearance procedures, promotion of mutual recognition and interoperability, and support for cross-border e-commerce and green customs. These measures aim to build a more resilient global supply chain ecosystem, helping businesses navigate uncertainties and achieve sustainable development.

01/05/2026 Logistics Industry Insights
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Customs Valuation and Transfer Pricing Align for Multinationals

Customs Valuation and Transfer Pricing Align for Multinationals

The World Customs Organization (WCO) and the OECD jointly held a seminar in Pretoria, focusing on the nexus between customs valuation and transfer pricing. The conference promoted cooperation between tax and customs authorities, exploring the application of transfer pricing studies in customs valuation. It emphasized information sharing, aiming to build a fairer international trade environment. Discussions centered on how transfer pricing methodologies can inform customs valuation practices, ensuring accurate and equitable assessment of goods for duty purposes. The initiative seeks to enhance transparency and combat illicit financial flows related to trade.

12/30/2025 Customs Knowledge
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Airlines Enhance Health and Safety Measures for Passengers

Airlines Enhance Health and Safety Measures for Passengers

This article provides a comprehensive overview of the measures airlines take to ensure the health and safety of passengers and crew. It covers infectious disease prevention, passenger medical issues, food and water safety, environmental concerns, crew health, and medical emergency response. The aim is to help readers understand aviation health and safety knowledge, enhance self-protection awareness, and jointly create a safe and healthy flying experience. This information is crucial for both passengers and airline personnel to promote a healthier and safer air travel environment.

12/30/2025 Airlines
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Global Airlines Adopt Einvoicing to Cut Costs

Global Airlines Adopt Einvoicing to Cut Costs

This paper explores the challenges faced by the global aviation industry in electronic invoicing and settlement, highlighting IATA's SIS platform as an industry solution. It analyzes the opportunities and challenges in global electronic invoice standardization and proposes strategies such as strengthening international cooperation, promoting the SIS platform, and adopting new technologies. The aim is to promote the digital transformation of the aviation industry, improve efficiency, and enhance transparency. The paper emphasizes the importance of a unified approach to electronic invoicing to streamline processes and reduce costs for airlines worldwide.

01/05/2026 International Settlement
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Goose Bay Airport Expands Beyond Customs Role

Goose Bay Airport Expands Beyond Customs Role

Goose Bay Airport (YYR) is a significant airport in Newfoundland and Labrador, Canada. As a customs airport and a crucial transatlantic diversion point, it connects North America and Europe. This article delves into YYR's geographical location, route network, and strategic importance, revealing its vital role in international air transport. It serves as a key backup for flights crossing the Atlantic, providing a safe haven in case of emergencies. Its location makes it an invaluable asset for airlines operating long-haul routes.

09/29/2025 Airport Codes
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Tres Lagoas Airport Emerges As Key Brazilian Transport Hub

Tres Lagoas Airport Emerges As Key Brazilian Transport Hub

Tres Lagoas Airport (TJL) is a significant aviation node in Mato Grosso do Sul, Brazil. Although not a customs airport, it plays a crucial role in supporting local economic development. This paper details the airport's overview, geographic location, facilities, air freight operations, and future development directions. It also introduces related query tools provided by the West Coast Cargo Network.

09/28/2025 Airport Codes
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Guide to Optimizing Air Freight Logistics Costs

Guide to Optimizing Air Freight Logistics Costs

This article delves into the calculation methods of air freight chargeable weight and its impact on logistics costs, emphasizing the importance of understanding chargeable weight rules. Through case studies, formula interpretations, and optimization strategy sharing, it aims to help businesses effectively control air freight costs, improve supply chain efficiency, and select suitable carriers, ultimately achieving more economical and efficient international transportation. Understanding these factors is crucial for managing expenses and optimizing the overall shipping process.

09/28/2025 Logistics Encyclopedia
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Global Economic Shifts Drive Bulk Shipping Opportunities

Global Economic Shifts Drive Bulk Shipping Opportunities

Bulk transportation remains a crucial support for the global economy, involving various types of goods. Our team conducts an in-depth analysis of market developments, supply and demand relationships, and industry environments. We hold annual conferences to provide opportunities for communication and collaboration, helping industry decision-makers seize future opportunities.

08/07/2025 Logistics Industry Insights
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