WTO Revisions Speed Up Global Trade Processes

WTO Revisions Speed Up Global Trade Processes

The 30th Session of the RKC Management Committee successfully convened, focusing on revisions to specific annexes concerning goods processing, postal transport, and crucial areas like Rules of Origin. A decision was made to extend the review period until December 2023. This extension aims to further refine the rules, enhance global trade facilitation, and provide clearer guidance for businesses, ultimately promoting cross-border trade development. The discussions centered on streamlining processes and ensuring clarity in international trade regulations.

02/12/2026 Customs Knowledge
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US Rail Freight Carloads Up Intermodal Down

US Rail Freight Carloads Up Intermodal Down

According to the Association of American Railroads, for the week ending July 23, U.S. rail carload traffic increased by 1.1% year-over-year, while intermodal volume decreased by 2.5%. Carload gains were seen in motor vehicles, coal, and farm products, while declines occurred in metals, petroleum, and miscellaneous carloads. Total North American rail traffic decreased by 1.4% year-over-year. Rail freight data serves as a barometer of economic activity, providing insights into the current state of the economy and helping to forecast future trends.

02/11/2026 Logistics
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Openais Sora Transforms Video Production with AI

Openais Sora Transforms Video Production with AI

OpenAI's Sora model is a powerful text-to-video generation tool with broad applications. It allows users to create videos from text prompts, opening up new possibilities for content creation and storytelling. However, it's crucial to address the authenticity and ethical considerations surrounding AI-generated content. Concerns about misinformation, deepfakes, and the potential misuse of this technology need careful attention and responsible development practices.

01/07/2026 Logistics Industry Insights
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Exporters Face Key Hurdles in Customs and Shipping Docs

Exporters Face Key Hurdles in Customs and Shipping Docs

This article focuses on common issues in the freight forwarding export process, providing practical advice on areas such as invoice consistency with customs declaration, container pick-up and port opening time control, handling after customs clearance cut-off, and dealing with special circumstances. The aim is to help freight forwarding practitioners mitigate risks and improve efficiency by offering actionable solutions and best practices for navigating the complexities of export logistics.

08/23/2025 Logistics Encyclopedia
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King Shaka Airport Boosts South Africa’s Global Aviation Hub Status

King Shaka Airport Boosts South Africa’s Global Aviation Hub Status

King Shaka International Airport (IATA: DUR, ICAO: FADN) is located 35 kilometers north of Durban, South Africa, and serves as a major air hub for the city. Since its opening in 2010, the airport has seen upgrades in passenger and cargo facilities, accommodating around 7.5 million travelers annually and handling up to 100,000 tons of cargo. It connects various domestic and international cities, providing convenient air services for travelers.

07/29/2025 Airport Codes
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USPS Expands Lastmile Delivery to Cut Retailer Costs

USPS Expands Lastmile Delivery to Cut Retailer Costs

The United States Postal Service (USPS) is opening up over 18,000 Delivery Destination Units (DDUs) to help businesses of all sizes shorten delivery times, reduce shipping costs, and improve operational efficiency. This initiative will significantly improve the last-mile delivery process, helping retail and logistics companies reduce costs and increase efficiency. By leveraging the extensive USPS network, businesses can optimize their final delivery leg and enhance customer satisfaction.

01/15/2026 Logistics
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Bytedance Discord AI Reshape Global Gaming Industry

Bytedance Discord AI Reshape Global Gaming Industry

The gaming industry is undergoing significant shifts. ByteDance is pivoting towards UGC, while Discord enters the fray. AI video technology is making breakthroughs. Apple is opening up its ecosystem, and Tencent is potentially considering acquisitions. Meanwhile, Perfect World is implementing layoffs, and Temu has become a major client for Meta. This landscape reflects intense competition and the transformative impact of AI and platform strategies within the dynamic gaming market.

02/05/2026 Logistics
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UP and NS Merger Demands Pragmatic Rail Strategies

UP and NS Merger Demands Pragmatic Rail Strategies

The merger between UP and NS demonstrates the potential to redefine railway freight by adopting successful strategies from passenger transport and promoting pragmatic approaches for efficient service. Successful integration requires a focus on market demand and synergy effects, thus paving the way for future railway transportation.

08/07/2025 Logistics
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Port Maintenance Fees Drive Up Global Shipping Costs

Port Maintenance Fees Drive Up Global Shipping Costs

The Port Maintenance Fee (HMF) is a charge imposed by U.S. Customs on ocean imports, calculated at 0.125% of the declared value of goods. This fee does not apply if goods are routed through Canada to the U.S. Businesses need to fully understand the implications of this fee and plan their shipping strategies effectively to reduce overall costs and enhance competitiveness.

08/05/2025 Customs Knowledge
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