Bangladesh Enhances Trade Efficiency Via Time Release Study

Bangladesh Enhances Trade Efficiency Via Time Release Study

GTFP assists Bangladesh's NBR in enhancing its Time Release Study (TRS) capabilities. The project aims to optimize processes, promote trade facilitation, and boost competitiveness. By streamlining procedures and reducing delays, the initiative seeks to attract investment and contribute to sustainable development in Bangladesh. The TRS improvement will provide valuable data for identifying bottlenecks in the import/export process, enabling targeted interventions and ultimately leading to a more efficient and competitive trade environment.

01/06/2026 Customs Knowledge
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US Importers Face Customs Fees Inspection Tips

US Importers Face Customs Fees Inspection Tips

This article provides a detailed analysis of potential costs associated with US customs inspections for air freight shipments, including inspection fees, import duties, customs clearance fees, storage fees, transportation costs, and other potential charges. It also offers practical strategies for dealing with customs inspections and reducing expenses, aiming to help cargo owners better control costs and successfully complete the customs clearance process. The guide helps navigate the complexities of US customs and minimize financial impact.

01/08/2026 Customs Knowledge
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New Guide Aims to Streamline Customs Valuation Processes

New Guide Aims to Streamline Customs Valuation Processes

This guide aims to help import and export companies understand the customs valuation intelligence exchange mechanism. By clarifying the importing country's customs self-assessment checklist, the golden rules of intelligence exchange, and upgraded measures, it helps businesses mitigate risks, accelerate customs clearance processes, and enhance international trade competitiveness. It provides practical guidance on leveraging intelligence exchange to ensure accurate valuations and avoid potential penalties, ultimately leading to more efficient and compliant trade operations.

01/26/2026 Customs Knowledge
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Oman Strengthens Customs Audits to Improve Trade Compliance

Oman Strengthens Customs Audits to Improve Trade Compliance

The World Customs Organization (WCO) is assisting Oman Customs in enhancing its post-clearance audit capabilities. Through workshops, Omani customs officials are empowered with key skills such as risk-oriented auditing and document interpretation. This improved audit capacity of Oman Customs will have a significant impact on companies engaged in import and export trade in Oman. Businesses need to strengthen compliance management and proactively address the new challenges and opportunities arising from these enhancements.

01/26/2026 Customs Knowledge
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China Tightens Regulations on Imported Solid Beverages

China Tightens Regulations on Imported Solid Beverages

This article provides an in-depth interpretation of the new regulations for solid beverages, covering product definitions, key points of the regulations, import compliance, and consumer tips. It offers a comprehensive analysis of how to scientifically select and operate solid beverage businesses in compliance. The focus is on key aspects such as standardized product names, mandatory warning labels, and advertising regulations. The aim is to improve consumer awareness and standardize market order.

01/26/2026 Customs Knowledge
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Project Gigaton Boosts Renewable Energy in Global Supply Chains

Project Gigaton Boosts Renewable Energy in Global Supply Chains

Project Gigaton welcomes new suppliers, accelerating renewable energy adoption in the supply chain. In anticipation of import pattern changes by 2025, ports demonstrate resilience through investments in infrastructure, data analytics, and inland transportation. Supply chain sustainability and resilience building are becoming key focuses for businesses, with collaborative efforts driving both economic and environmental benefits. The emphasis is on achieving a win-win scenario through coordinated strategies that enhance supply chain robustness while minimizing environmental impact.

01/28/2026 Logistics
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Danny Wan Leads Port of Oakland Amid Challenges Opportunities

Danny Wan Leads Port of Oakland Amid Challenges Opportunities

Danny Wan, the new Executive Director of the Port of Oakland, outlined the port's strategic plans in an interview, focusing on supply chain infrastructure development, addressing trade challenges, expanding import and export business, and resolving stadium site selection. He emphasized the importance of collaborating with business partners, improving operational efficiency, ensuring the port's industrial status, and achieving sustainable development. Wan aims to lead the Port of Oakland to greater development in the new environment.

02/11/2026 Logistics
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US Container Imports Jump Ahead of Tariff Deadline Straining Supply Chains

US Container Imports Jump Ahead of Tariff Deadline Straining Supply Chains

U.S. container imports in August reached the second-highest level on record, influenced by tariff policies and seasonal factors. China's share decreased, indicating diversification of import origins. East and West Coast port throughput diverged, highlighting supply chain uncertainties. Importers need to closely monitor policy changes and seek diversified solutions to mitigate potential disruptions and navigate the evolving global trade landscape. The shifting dynamics present both challenges and opportunities for businesses involved in international trade.

01/20/2026 Logistics
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US Imports Drop Sharply in May Amid Trade Tensions China Hit Hardest

US Imports Drop Sharply in May Amid Trade Tensions China Hit Hardest

A Descartes report reveals a significant drop in U.S. container imports in May, with China freight experiencing a record decline due to trade friction and tariffs. The share of East Coast and Gulf Coast ports increased, while West Coast ports saw a decrease, indicating a profound shift in trade patterns. The impact of ongoing trade disputes is clearly visible in the reduced import volumes and the changing dynamics between different port regions.

01/20/2026 Logistics
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US Container Imports Jump in February As Supply Chain Strains Persist

US Container Imports Jump in February As Supply Chain Strains Persist

Panjiva reports a 6.9% year-over-year increase in US container imports for February, but a 5.5% decrease compared to January. However, the daily average import volume reached a new high. Energy imports surged, while IT imports declined. Experts remain uncertain about the full-year trend, emphasizing the need to monitor inflation, consumer spending habits, and geopolitical factors. Shipping companies are adjusting their strategies to address future challenges and uncertainties in the global trade landscape.

01/21/2026 Logistics
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