Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

International freight forwarders face significant financial pressures, especially after the COVID-19 pandemic. Frequent account period management has become a means for agents to control risks and ensure cash flow. With intensifying market competition and rising shipping and air transport costs, freight forwarders are compelled to be more cautious and flexible when handling receivables, making it urgent to adopt tailored collection strategies for different clients.

07/29/2025 Logistics
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Albania Upgrades Customs Lab to Enhance Trade Efficiency

Albania Upgrades Customs Lab to Enhance Trade Efficiency

With the support of WCO and Eurocustoms, Albanian Customs held a laboratory modernization workshop in 2017, aiming to enhance commodity classification and identification capabilities. Through hardware upgrades, quality management system improvements, personnel skill development, and international cooperation, Albania is committed to building a modern and internationally competitive customs laboratory. This initiative seeks to promote trade facilitation, ensure regulatory compliance, and ultimately contribute to the nation's economic development.

01/05/2026 Customs Knowledge
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WCO Study Targets Trade Efficiency Through Customs Broker Reform

WCO Study Targets Trade Efficiency Through Customs Broker Reform

The World Customs Organization (WCO) published the 'Study Report on Customs Brokers' aiming to improve global customs broker standards. The report outlines the role of brokers in international supply chains, provides policy and organizational recommendations, offers a standardized model inventory, and highlights opportunities for cooperation between customs and brokers. Countries are encouraged to draw on the report to optimize broker management and promote trade facilitation.

01/05/2026 Customs Knowledge
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WCO Scholarship Program Enhances Customs Officials Global Skills

WCO Scholarship Program Enhances Customs Officials Global Skills

The World Customs Organization (WCO) Spanish Scholarship Program has been launched to enhance the professional skills and management capabilities of customs officials from Spanish-speaking countries and promote customs reform and modernization. The program offers tailored curriculum, lectures by WCO experts, and field visit opportunities, helping participants broaden their international perspectives and accelerate their career development. This is an unmissable learning and development opportunity for customs professionals.

01/05/2026 Customs Knowledge
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WCO Enhances Angolas Customs Valuation to Boost Trade Revenue

WCO Enhances Angolas Customs Valuation to Boost Trade Revenue

The World Customs Organization (WCO) recently assisted Angola Customs in enhancing its customs valuation capabilities. By assessing infrastructure needs, providing recommendations on risk management and post-clearance audit, and conducting customs valuation workshops, the WCO helped Angola Customs improve revenue collection efficiency, promote compliant trade, and strengthen customs valuation oversight of multinational corporations. This assistance demonstrates the importance of international cooperation in improving customs administration.

12/30/2025 Customs Knowledge
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Amazon Sellers Boost Profits with Datadriven Strategies

Amazon Sellers Boost Profits with Datadriven Strategies

Amazon sellers looking to boost profits and move away from blind operation? This article reveals five core data analysis features: customized sales tracking, international market profit comparison, customizable cost management, FBA fee breakdown analysis, and automatically generated charts. These features help you refine your operations and drive data-driven growth, enabling you to make informed decisions and optimize your Amazon business for increased profitability.

01/04/2026 Logistics Industry Insights
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Jdcoms B2B Shift Stalls After Joybuy Closure

Jdcoms B2B Shift Stalls After Joybuy Closure

JD.com's overseas expansion faces setbacks with the closure of Joybuy, highlighting difficulties in its B2B transformation. Challenges arise in strategy, localization, and supply chain management. To overcome these hurdles, JD.com needs to focus on its core strengths and deepen collaborations to find breakthroughs in the global market. The shutdown signifies a need for strategic re-evaluation and a more targeted approach to international e-commerce.

01/07/2026 Logistics Industry Insights
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Global Electronics Shipping Key Battery Compliance Rules

Global Electronics Shipping Key Battery Compliance Rules

This article provides an in-depth analysis of the crucial aspects of cross-border shipping for electronic products, with a particular focus on battery transportation regulations. It offers comprehensive guidance covering compliant declaration, packaging safety, destination restrictions, and risk management. This aims to help you avoid potential hazards and ensure the safe and efficient international delivery of your electronic goods, especially those containing batteries.

02/03/2026 Logistics Encyclopedia
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Revised Kyoto Convention Aims to Simplify Global Customs

Revised Kyoto Convention Aims to Simplify Global Customs

The 29th session of the Revised Kyoto Convention Management Committee focused on optimizing customs procedures, discussing potential draft texts in key areas such as goods handling and postal transportation. The meeting aimed to simplify global customs formalities, improve efficiency and transparency, ultimately benefiting consumers and businesses and promoting international trade development. The next meeting will be held in September 2022 to continue advancing the revision process.

02/03/2026 Customs Knowledge
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INAMA Project Strengthens African Asian Customs Against Wildlife Trafficking

INAMA Project Strengthens African Asian Customs Against Wildlife Trafficking

The INAMA project supports nine African and Asian countries in strengthening their capacity to combat illegal wildlife trade through expert support missions. Focusing on training, legislation, risk management, and action planning, the project enhances customs enforcement capabilities and provides support for future operations. This initiative demonstrates the international community's commitment to wildlife conservation by empowering customs officials to effectively intercept and disrupt wildlife trafficking networks.

02/05/2026 Customs Knowledge
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