Burkina Faso Improves Customs Valuation with WCO Support

Burkina Faso Improves Customs Valuation with WCO Support

The Burkina Faso General Directorate of Customs (DGD) sought technical assistance from the World Customs Organization (WCO) to rebuild its autonomous customs valuation capacity. The WCO assisted by conducting a diagnostic assessment of the DGD's existing system and providing recommendations for improvement. This support helped the DGD establish an efficient, transparent, and compliant customs valuation system, enhancing its autonomous regulatory capabilities and promoting national economic development. The assistance focused on strengthening internal expertise and processes related to valuation.

01/26/2026 Customs Knowledge
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HS Code Update Streamlines Global Trade Standards

HS Code Update Streamlines Global Trade Standards

The 60th session of the World Customs Organization's Harmonized System Committee updated the commodity classification system, releasing new classification opinions, revisions to the Harmonized System Explanatory Notes, and classification decisions. These changes affect the import and export of various commodities. Businesses should promptly monitor official information, strengthen internal training, consult with professionals, and establish a comprehensive commodity database to adapt to the new trade regulations. Staying informed and proactive is crucial for compliance and smooth international trade operations.

01/26/2026 HS Code Query
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New Tariff Guidelines for Highprotein Wheat HS Code 1001990018

New Tariff Guidelines for Highprotein Wheat HS Code 1001990018

This paper focuses on HS code 1001990018 (wheat with protein content exceeding 13.9%), emphasizing the importance of accurate HS code classification for businesses to control tariff costs. By precisely measuring protein content, establishing internal procedures, and utilizing tariff simulation tools, companies can optimize their tariff strategies, improve supply chain efficiency, and enhance competitiveness. Accurate classification ensures correct tariff application, potentially leading to significant cost savings and improved profitability in the import/export of high-protein wheat.

01/27/2026 HS Code Query
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WCO Updates Global Trade Classifications Under Harmonized System

WCO Updates Global Trade Classifications Under Harmonized System

The World Customs Organization released the decisions of the 60th session of the Harmonized System Committee, including new commodity classification opinions, revisions to the Harmonized System Explanatory Notes, and commodity classification rulings. Businesses should promptly understand and adapt to these changes by updating commodity databases, strengthening internal training, and seeking professional assistance when necessary. This ensures trade compliance and improves efficiency in international trade operations. Staying informed about these updates is crucial for navigating customs regulations effectively.

01/26/2026 HS Code Query
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USPS Faces Financial Crisis Urges Reform and Modernization

USPS Faces Financial Crisis Urges Reform and Modernization

The United States Postal Service (USPS) faces significant financial losses, primarily due to declining mail volume and rising operating costs. To overcome these challenges, USPS has implemented internal reforms, but legislative support is crucial. The growth of package delivery offers an opportunity, with experts suggesting increased rates. Moving forward, diversification and service innovation are key to USPS's success and overcoming its current difficulties. The agency's future hinges on adapting to the evolving landscape of communication and delivery services.

01/28/2026 Logistics
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Supercell Bets on AI to Dominate Gaming Industry

Supercell Bets on AI to Dominate Gaming Industry

Supercell is actively embracing AI, viewing it as a key force in reshaping the gaming industry. Through three strategic pillars: internal efficiency improvement, operational optimization, and AI-native game exploration, Supercell is building a clear AI blueprint. The company emphasizes AI as an assistive tool, not a replacement for creativity, and adheres to a player-first principle, committed to creating more innovative and personalized gaming experiences. This strategic approach aims to lead the future development of the gaming industry.

01/27/2026 Logistics Industry Insights
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Guide to Selecting the Right ERP System for Businesses

Guide to Selecting the Right ERP System for Businesses

When selecting an ERP system, businesses should avoid blindly pursuing a one-size-fits-all approach. Instead, they should focus on core requirements, rationally evaluate costs and benefits, and carefully consider their internal talent resources. This article provides a best practice guide for enterprises, helping them find the most suitable ERP solution for their specific needs. It emphasizes a focused and pragmatic approach to ERP selection, ensuring a good fit with the company's capabilities and strategic goals.

01/29/2026 Logistics Industry Insights
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Businesses Urged to Address Thirdparty Risks

Businesses Urged to Address Thirdparty Risks

Third-party risk management is crucial for business operations. Many organizations face challenges due to a 'one-off' approach to risk management, a narrow perception of risks, and superficial risk monitoring. Companies should establish a comprehensive, lifecycle-based risk management system, broaden their risk perspective, leverage technology, and strengthen internal communication and collaboration. By doing so, they can effectively address third-party risks and ensure sustainable development. This proactive approach helps mitigate potential disruptions and protect valuable assets.

01/28/2026 Logistics Industry Insights
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Panalpina Remains Independent As DSV Takeover Bid Rejected

Panalpina Remains Independent As DSV Takeover Bid Rejected

Panalpina rejected DSV's over $4 billion acquisition offer, with major shareholders supporting independent development. However, the company may face future challenges including increased market competition and internal management issues. By remaining independent, Panalpina forgoes the benefits of scale and synergies offered by a merger, potentially making it more vulnerable in the long run. The decision highlights a strategic divergence between Panalpina's board and DSV regarding the optimal path for future growth and value creation in the logistics industry.

01/28/2026 Logistics
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Supply Chains Lag in Cloud Adoption Risking Digital Failure

Supply Chains Lag in Cloud Adoption Risking Digital Failure

Research indicates a strong desire for cloud technology adoption among supply chain companies, but implementation lags due to cultural and goal-related obstacles. The report recommends a phased deployment approach, prioritizing high-impact areas like supply chain visibility, planning, and analytics. Continuous optimization and employee training are crucial to capitalize on cloud technology opportunities and gain a competitive edge. Companies should focus on incremental progress and building internal capabilities to successfully navigate the digital transformation journey with cloud solutions.

01/28/2026 Logistics Industry Insights
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