Supply Chain Costs to Stabilize Despite Global Uncertainty

Supply Chain Costs to Stabilize Despite Global Uncertainty

Supply chain experts at the CSCMP EDGE annual conference predict market stabilization despite rising costs and global uncertainties. The report highlights increasing logistics costs in the US. Experts analyzed the economic outlook, nearshoring trends, shipper-3PL collaborations, and the impact of Artificial Intelligence on logistics. They believe technological advancements and strategic adjustments will be crucial in navigating these challenges. The discussions focused on how businesses can leverage AI and adapt their supply chain strategies to maintain stability and manage costs effectively in the face of ongoing disruptions.

01/15/2026 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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STB Chair Warns of US Freight Rail Service Crisis

STB Chair Warns of US Freight Rail Service Crisis

Surface Transportation Board (STB) Chairman Martin Oberman strongly criticized the “collapse” of US freight rail service and labor shortages at the RailTrends conference. He pointed out that railroad companies have significantly reduced staff in pursuit of profits, leading to train delays, embargoes, and other problems, causing significant losses to the US economy. Oberman argued that these actions prioritize profits over service. He called for strengthened regulation, increased investment, and encouragement of innovation to reshape the future of US freight rail. He emphasized the need for railroads to prioritize service and reliability alongside financial performance.

01/16/2026 Logistics Industry Insights
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Zinc Pipe Trade HS Codes Tax Rates and Industry Uses

Zinc Pipe Trade HS Codes Tax Rates and Industry Uses

This article provides a detailed analysis of the HS code 7907002000 for zinc pipes and their accessories, as well as information on tax rates and declaration elements. It aims to assist traders in optimizing import and export processes, reducing costs, and enhancing market competitiveness.

08/05/2025 HS Code Query
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Shipping Industry Grapples With Bill of Lading Errors Digital Shift

Shipping Industry Grapples With Bill of Lading Errors Digital Shift

This article compiles answers to frequently asked questions from freight forwarding forums regarding common issues such as bill of lading number blocking, incorrect port entry information, special container sealing requirements, and MSK's paperless bill of lading. It aims to provide practical reference for freight forwarding practitioners and help them solve problems encountered in actual operations. The content is designed to assist in navigating the complexities of bill of lading procedures and related logistical challenges.

08/22/2025 Logistics Encyclopedia
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Global Air Cargo Industry Seeks Efficiency Through Airport Code Mastery

Global Air Cargo Industry Seeks Efficiency Through Airport Code Mastery

This article focuses on Mersin Airport's code, COV, and introduces the West Coast Cargo's three-letter code query system. This system includes information on over 40,000 airports worldwide, supports multi-dimensional searches, and provides practical tools such as air freight tracking and airline lookup, helping to improve air freight operation efficiency.

09/29/2025 Airport Codes
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Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

To mitigate risks associated with air cargo, shippers can adopt a dual-protection strategy: purchasing air transport insurance and declaring the value of the goods. Insurance transfers risk to the insurance company through compensation. Declared value carriage ensures the carrier assumes full liability for compensation based on the pre-declared value. This combination maximizes the shipper's protection and safeguards their interests against potential losses or damages during air transportation.

09/26/2025 Logistics Encyclopedia
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Air Cargo Industry Adapts to New Energy Battery Transport Challenges

Air Cargo Industry Adapts to New Energy Battery Transport Challenges

Air transport standards for new energy products are undergoing a systematic upgrade, focusing on enhanced safety and full lifecycle carbon management. The core of the certification standard upgrade lies in the expansion of battery types and the refinement of safety thresholds. Service chain collaboration and compliance path innovation require restructuring the entire "testing-declaration-transportation" link. Businesses should match new regulations through standardized operations and digital collaboration, consult professional international logistics consultants for customized solutions, and optimize transportation efficiency and compliance costs.

11/03/2025 Logistics
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Supply Chain Expert Rich Weissman Emerges As Industry Thought Leader

Supply Chain Expert Rich Weissman Emerges As Industry Thought Leader

Supply chain expert Rich Weissman boasts over 25 years of experience. A former ISM Chairman and award recipient, he frequently writes and speaks on global supply chain topics. His extensive background provides valuable insights into current challenges and future trends within the industry. Weissman's leadership and practical knowledge make him a sought-after voice in the field, offering a unique perspective shaped by decades of hands-on involvement and influential roles.

11/03/2025 Logistics Industry Insights
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