Report Highlights Global Customs Efficiency Best Practices

Report Highlights Global Customs Efficiency Best Practices

The World Customs Organization and the International Monetary Fund jointly released the first phase report of the International Survey on Customs Administration (ISOCA), compiling data from 51 customs administrations to analyze performance, practices, and structures. The report provides benchmarks, facilitates experience sharing, promotes data-driven decision-making, and supports customs capacity building, offering significant value for global customs management. It serves as a valuable resource for understanding current trends and identifying areas for improvement in customs operations worldwide.

01/26/2026 Customs Knowledge
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Turkeys Customs Reforms Boost Postpandemic Supply Chain Resilience

Turkeys Customs Reforms Boost Postpandemic Supply Chain Resilience

Turkish Customs and businesses are strengthening cooperation to address the impact of the pandemic on global supply chains. Guided by the World Customs Organization and leveraging Turkey's strategic location, they are committed to modernizing customs reforms and facilitating trade. This includes deepening cooperation in information sharing and risk management to enhance supply chain resilience and promote economic recovery. The initiative aims to contribute to global trade development by fostering collaboration and efficiency within the Turkish customs system.

01/26/2026 Customs Knowledge
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Global Shipping Taxes Who Bears the Cost

Global Shipping Taxes Who Bears the Cost

Who bears the cost of international express taxes and duties? By default, it's the recipient. Under DDP (Delivered Duty Paid) terms, the sender can bear the responsibility. Contracts can stipulate cost-sharing or third-party payment. Pay attention to trade terms, compliance risks, and cost accounting to ensure smooth cross-border trade. Understanding Incoterms like DDP, CIF, and FOB is crucial for determining liability. Accurate cost estimation and adherence to regulations are essential for avoiding unexpected charges and delays.

01/29/2026 Customs Knowledge
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Retail Suppliers Tighten Credit As Bankruptcy Risks Rise

Retail Suppliers Tighten Credit As Bankruptcy Risks Rise

The wave of brick-and-mortar retail bankruptcies is impacting suppliers, exposing them to accounts receivable risks. Suppliers are forced to shorten payment terms, diversify their operations, and even explore direct-to-consumer sales. In the new retail era, suppliers and retailers need to forge closer partnerships to share risks and benefits. This includes collaborative forecasting, transparent communication, and potentially, shared ownership or profit-sharing models to ensure mutual success and resilience in a volatile market.

01/29/2026 Logistics Industry Insights
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Fedex GENCO Expands Healthcare Warehousing for Cost Savings

Fedex GENCO Expands Healthcare Warehousing for Cost Savings

FedEx GENCO introduces a multi-tenant healthcare warehousing service, offering a flexible and cost-effective supply chain solution for healthcare businesses in the US and Canada. This service helps companies focus on their core operations and achieve growth by sharing resources, optimizing processes, and reducing costs. GENCO emphasizes regulatory compliance, technology enablement, and sustainability, aiming to be a trusted partner in the healthcare industry. The multi-tenant approach allows for scalability and reduced capital expenditure for healthcare providers.

01/28/2026 Warehousing
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Voodoo Acquires Bereal for 500M in Social Gaming Push

Voodoo Acquires Bereal for 500M in Social Gaming Push

Voodoo acquires BeReal for €500 million, accelerating its transformation into a diversified entertainment platform. The acquisition highlights Voodoo's focus on user loyalty and growth potential, aiming to establish BeReal as an iconic social network. Voodoo recognizes BeReal's unique approach to authentic social sharing and intends to leverage its existing user base and innovative features to expand its reach and engagement. This strategic move signifies Voodoo's commitment to diversifying its portfolio and solidifying its position in the competitive entertainment landscape.

02/12/2026 Logistics Industry Insights
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Pitt Ohio Reliance Network Partner for Faster Coasttocoast LTL Shipping

Pitt Ohio Reliance Network Partner for Faster Coasttocoast LTL Shipping

Pitt Ohio partners with Reliance Network to launch TRNet Express, aiming to provide customers with faster and more reliable interstate LTL services by optimizing transportation processes and resource sharing. This move not only enhances Pitt Ohio's service capabilities but also reflects its strategic ambition to expand its national business footprint. The collaboration leverages the strengths of both companies to improve efficiency and speed in the LTL sector, ultimately benefiting shippers with reduced transit times and improved delivery reliability.

02/11/2026 Logistics
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WCO and SACU Enhance Trade with IT Connectivity Pact

WCO and SACU Enhance Trade with IT Connectivity Pact

The WCO and SACU are collaborating to promote customs IT interconnectivity and data exchange in Southern Africa. The aim is to enhance customs control efficiency, reduce trade costs, and promote regional economic development by establishing unified standards and strengthening information sharing. The meeting focused on practical information exchange modules under the WCO GNC framework and the application of UNCTAD's cloud solutions in cross-border trade. This lays the foundation for a more efficient and secure international trade environment.

01/20/2026 Customs Knowledge
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Cloud Collaboration Transforms Supply Chain Management

Cloud Collaboration Transforms Supply Chain Management

This article delves into the rise and evolution of GT Nexus as a cloud-based supply chain collaboration platform. It analyzes its core functionalities, advantages, and development prospects following its acquisition by Infor. GT Nexus facilitates real-time information sharing and seamless process integration by building an ecosystem connecting global trade participants, delivering significant value to businesses. It examines how GT Nexus helps companies improve visibility, reduce costs, and enhance efficiency in their global supply chains.

01/20/2026 Logistics
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World Customs Organization Advocates Gender Equality for Sustainability

World Customs Organization Advocates Gender Equality for Sustainability

On International Women's Day, the World Customs Organization launched the Gender Equality and Diversity Network to promote sustainable development in global trade. Through thematic discussions, experience sharing, and policy advocacy, the WCO is committed to eliminating gender barriers and encouraging member administrations to adopt more inclusive measures. The network also aims to leverage technology to address gender inequality challenges exacerbated by the pandemic. Ultimately, the WCO strives for a more equitable and diverse customs environment worldwide.

02/12/2026 Customs Knowledge
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