ABF Introduces Ocean LTL Service to Boost Global Trade

ABF Introduces Ocean LTL Service to Boost Global Trade

ABF introduces Ocean LTL service to accelerate China-foreign trade and optimize the global supply chain. This service provides fast and economical Ocean LTL solutions, featuring end-to-end visibility, simplified pricing, and flexible inventory management. It empowers businesses to enhance their competitiveness by offering a cost-effective and efficient way to ship smaller ocean freight shipments. The service aims to streamline international trade and improve overall supply chain performance for businesses of all sizes.

01/20/2026 Logistics
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Hong Kong Files WTO Complaint Over US Tariffs

Hong Kong Files WTO Complaint Over US Tariffs

The Hong Kong SAR government has filed a complaint with the WTO regarding the US's imposition of tariffs, citing violations of WTO rules and disregard for Hong Kong's status as a separate customs territory. This action aims to protect Hong Kong's trade interests, defend multilateral trade principles, and promote the resolution of international trade disputes. Hong Kong will closely monitor developments, safeguard its trade position, and calls on the international community to jointly uphold WTO rules.

11/03/2025 Customs Knowledge
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WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

The World Customs Organization (WCO), through the Mercator Programme, supports the Ethiopian Revenues and Customs Authority (ERCA) in enhancing its post-clearance audit (PCA) capabilities. This includes updating the ERCA's PCA manual to align with WCO guidelines and international best practices. The initiative aims to effectively implement the World Trade Organization (WTO) Trade Facilitation Agreement (TFA), thereby promoting trade facilitation and economic development in Ethiopia. This capacity building effort is crucial for efficient customs operations and streamlined trade processes.

01/07/2026 Customs Knowledge
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Mastering International Trade Practices The Key to Enhancing Crossborder Transaction Efficiency

Mastering International Trade Practices The Key to Enhancing Crossborder Transaction Efficiency

This article explores international trade practices and their importance, focusing on the 1932 Warsaw-Oxford Rules, the 1941 U.S. Foreign Trade Definitions Revision, and the 1990 International Commercial Terms (Incoterms). Understanding these trade terms aids in enhancing the efficiency of cross-border transactions, reducing disputes, and ensuring the smooth execution of contracts.

07/28/2025 Logistics Encyclopedia
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Russias Energy Trade Thrives As Tech Sector Struggles Under Sanctions

Russias Energy Trade Thrives As Tech Sector Struggles Under Sanctions

Western sanctions against Russia aim to limit, not sever, trade. While the ruble remains strong and oil revenues are high, access to technology is restricted. Sanctions are being implemented in phases, with energy exports remaining robust, while technology sanctions are showing initial effects. Global trade data reveals the impact of sanctions on Russian imports and exports, as well as shifts in trade flows. Sanctions are a long-term strategy with far-reaching consequences, impacting Russia's economy and global trade dynamics.

11/03/2025 Logistics Industry Insights
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New Framework Aims to Boost Gender Equality in Global Trade

New Framework Aims to Boost Gender Equality in Global Trade

During the 2019 WTO Global Review of Aid for Trade, the WCO co-organized a side event focusing on gender mainstreaming in trade facilitation. The meeting highlighted the importance of gender equality, revealing barriers to women's participation in trade. Experiences from the EU and Uganda were shared, and the WCO presented its tools and initiatives to promote gender equality and diversity in customs. This event laid the groundwork for future efforts to promote gender equality within Aid for Trade initiatives.

01/05/2026 Customs Knowledge
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Botswana Implements Advanced Customs Preruling System

Botswana Implements Advanced Customs Preruling System

Botswana is actively advancing its advance ruling system to align with international standards and optimize its trade environment. Through self-assessment and international cooperation, Botswana is committed to improving its laws and regulations, strengthening capacity building, and streamlining processes. This aims to provide businesses with clearer and more reliable trade guidance, reduce trade risks, improve customs clearance efficiency, embrace trade facilitation, and enhance international competitiveness. The initiative is expected to significantly benefit businesses operating in Botswana and contribute to the country's economic growth.

01/05/2026 Customs Knowledge
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Philippines Boosts Customs Oversight with STCE Project

Philippines Boosts Customs Oversight with STCE Project

The WCO's STCE Project provided training support to the Philippine Customs on strategic goods control. Through online training, Philippine Customs officers enhanced their capabilities in strategic trade control, risk management, and the application of the Strategic Trade Atlas. The project strengthened cooperation between Philippine Customs and domestic agencies as well as international partners, contributing to national security and the international trade order. This initiative improved the effectiveness of customs operations in preventing the illicit trafficking of sensitive items and promoting responsible trade practices.

12/30/2025 Customs Knowledge
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Xtransfer Enhances B2B Global Payment Solutions

Xtransfer Enhances B2B Global Payment Solutions

XTransfer is a platform designed specifically for B2B foreign trade payments, particularly suitable for SOHO foreign trade professionals. It offers services like multi-currency collection and compliant currency exchange. Account opening is convenient and fees are reasonable, but trade supporting documents are required and risk control is strict. With XTransfer, currency exchange and withdrawal do not require submitting additional documents to the bank and are not subject to individual foreign exchange quotas, making it an ideal choice for foreign trade payment collection.

01/05/2026 International Settlement
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US Customs Launches Selfservice Document Printing

US Customs Launches Selfservice Document Printing

China International Trade Single Window platform will fully launch self-service inquiry and printing services for customs declaration documents and electronic data. Enterprises can complete related operations online, eliminating the need for on-site visits. This article details the new policy content, operation guide, and precautions, helping companies easily achieve self-service management of customs declaration documents and improve trade facilitation. It simplifies the process of accessing essential trade documents, reducing administrative burden and promoting efficiency in international trade operations.

01/15/2026 Customs Knowledge
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