Peru Boosts Customs Oversight with Global Partnerships

Peru Boosts Customs Oversight with Global Partnerships

Peru hosted a virtual forum to discuss risk management in customs valuation. Participating countries shared their experiences, highlighting best practices and challenges. The Peruvian Customs Service outlined plans to strengthen value verification processes and deepen public-private partnerships to improve compliance and combat fraud. The forum emphasized the importance of international cooperation in addressing valuation-related risks and ensuring fair trade practices. The discussions focused on leveraging technology and data analysis to enhance risk assessment and improve the efficiency of customs operations.

01/26/2026 Customs Knowledge
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Takata Bankruptcy Pushes Japanese Automakers to Rework Supply Chains

Takata Bankruptcy Pushes Japanese Automakers to Rework Supply Chains

The Takata airbag bankruptcy crisis accelerated the restructuring of Japanese automakers' supply chains. By establishing reserves, diversifying suppliers, upgrading technology, and strengthening quality control, Japanese automakers effectively responded to the risks. Alternative suppliers like Autoliv emerged. The event highlighted the importance of risk management. Companies should build resilient supply chains, promote digital transformation, and strengthen cooperation with emerging technology companies to ensure sustainable development. This crisis serves as a crucial lesson for the automotive sector regarding proactive risk mitigation and supply chain diversification.

01/29/2026 Logistics Industry Insights
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Resilinc Verisk Maplecroft Partner to Strengthen Supply Chains

Resilinc Verisk Maplecroft Partner to Strengthen Supply Chains

Resilinc and Verisk Maplecroft have joined forces to provide businesses with a more comprehensive risk management solution by integrating supply chain data with risk assessments. This collaboration aims to help companies shift from reactive defense to proactive resilience, building more robust supply chains capable of withstanding the challenges of an increasingly complex global business environment. The combined expertise allows for enhanced visibility and predictive capabilities, empowering organizations to anticipate and mitigate potential disruptions effectively, ultimately fostering greater supply chain stability and competitive advantage.

01/29/2026 Logistics Industry Insights
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US Rail Freight Decline Reflects Trade Logistics Risks

US Rail Freight Decline Reflects Trade Logistics Risks

US rail freight and intermodal volumes declined year-over-year in January, influenced by manufacturing weakness and trade uncertainty. While growth in some commodity categories offered hope, significant declines in coal and grain shipments were the primary drivers. Businesses should diversify supply chains, optimize inventory, strengthen risk assessments, embrace digitalization, and monitor policy changes to navigate challenges and seize opportunities. The decrease highlights the importance of proactive risk management and strategic adaptation in the face of evolving economic conditions and global trade dynamics.

01/29/2026 Logistics
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Malawi Customs Strengthened Against Illegal Wildlife Trade

Malawi Customs Strengthened Against Illegal Wildlife Trade

The WCO's INAMA project, funded by GIZ, effectively enhanced the Malawi Revenue Authority's risk management capabilities in combating illegal wildlife trade. This was achieved through diagnostic assessments, practical training, risk profile development, and capacity building. The project emphasizes long-term sustainability alongside short-term impact, providing valuable experience and a model for other countries seeking to strengthen their customs enforcement efforts against wildlife trafficking. Its holistic approach ensures lasting improvements in identifying and mitigating risks related to this illicit trade.

02/03/2026 Customs Knowledge
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2025 Guide to Profitable Ecommerce Standalone Stores

2025 Guide to Profitable Ecommerce Standalone Stores

This article delves into the operational strategies for cross-border e-commerce independent websites in 2025, highlighting their core value as digital asset accumulation, cost optimization, and risk mitigation tools. It provides practical guidance for different types of sellers, covering platform selection, content creation frameworks, risk control matrices, traffic acquisition, and conversion rate optimization. The article also envisions intelligent decision-making systems, supply chain collaboration models, and localization strategies, aiming to help sellers build a profitable closed-loop business from scratch.

02/03/2026 Logistics Industry Insights
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US Service Sector Growth Cools Amid Mixed Economic Signals

US Service Sector Growth Cools Amid Mixed Economic Signals

The ISM report indicates that the US services sector expanded for the fifth consecutive month in November, albeit at a slower pace. The report reveals varying performance across different industries and provides an in-depth analysis of sub-indexes, reflecting weakening demand, cautious hiring, and inventory control. Expert opinions emphasize the importance of macroeconomic influences and risk management. Businesses should closely monitor market changes, strengthen risk management, embrace innovation, and enhance customer experience to seize opportunities and meet challenges in the services sector.

02/03/2026 Logistics Industry Insights
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Guide to Trade Services and Logistics at Canton Fair

Guide to Trade Services and Logistics at Canton Fair

This article aims to provide a comprehensive procurement guide for enterprises participating in the Canton Fair, covering key aspects such as foreign trade services, customs clearance & logistics, and credit risk management. By obtaining buyer directories, selecting professional services, optimizing processes, and strengthening risk management, companies can efficiently and safely expand their international trade business and achieve globalization. The guide emphasizes practical strategies for navigating the complexities of international sourcing and ensuring a successful and profitable experience at the Canton Fair.

02/05/2026 Logistics
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Xinde Marines Safety Reports Boost Maritime Fatigue Management

Xinde Marines Safety Reports Boost Maritime Fatigue Management

The Xinde Marine Safety Weekly Report is dedicated to improving maritime safety levels. Through products such as safety weekly reports, monthly reports, guidelines, and bilingual safety bulletins, it provides shipping companies with timely, comprehensive, and professional safety information. This assists companies in building a more robust safety management system, ensuring the safety of life at sea and property.

01/23/2026 Logistics Industry Insights
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