Daysun Logistics Expands Bonded Zone Transit for Supply Chains

Daysun Logistics Expands Bonded Zone Transit for Supply Chains

Dashun Logistics introduces a new bonded zone international transit model, responding to policy initiatives and helping businesses navigate international supply chain challenges. Through flexible bonded warehousing, efficient customs clearance services, and various transit operation modes, Dashun Logistics provides customers with safe, efficient, and convenient international transit solutions, facilitating smooth global trade. This new model aims to optimize international logistics flows and reduce costs for businesses engaged in cross-border trade, making the process more streamlined and competitive.

07/25/2025 Logistics
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Guide to FOB Trade Managing Freight and Risk

Guide to FOB Trade Managing Freight and Risk

This article provides an in-depth analysis of the operational procedures for nominated cargo under FOB trade terms, emphasizing the importance of information communication and instruction execution. It details potential risks such as release of goods without original Bill of Lading and cost settlement issues, along with corresponding mitigation strategies. The article also compares and contrasts the differences and applications of HBL, MBL, and OBL, offering comprehensive operational guidance and risk prevention advice for export companies. This aims to help exporters navigate the complexities of FOB shipments and minimize potential losses.

08/21/2025 Logistics Encyclopedia
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WCO Conference in Shenzhen Advances Secure Inclusive Trade

WCO Conference in Shenzhen Advances Secure Inclusive Trade

The WCO Conference in Shenzhen focused on AEO promoting inclusive and sustainable trade. It emphasized AEO's role in economic security, empowering SMEs, and driving technological advancements. The 'Shenzhen Action Plan' will guide future work, aiming to enhance global trade facilitation and security through AEO programs. The conference highlighted the importance of international cooperation in implementing and expanding AEO initiatives to foster a more resilient and secure global supply chain, ultimately benefiting all stakeholders involved in international trade.

01/05/2026 Customs Knowledge
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Albania Joins Revised Kyoto Convention to Enhance Trade

Albania Joins Revised Kyoto Convention to Enhance Trade

Albania's accession to the Revised Kyoto Convention signifies its commitment to enhancing customs efficiency and integrating into global trade facilitation. As a cornerstone of modern customs procedures, the Convention promotes international trade by streamlining processes, applying information technology, implementing risk management, and strengthening cooperation. This has a profound impact on the global economy, fostering smoother and more efficient cross-border transactions. Its adoption reflects Albania's dedication to aligning with international standards and fostering a more competitive trade environment.

12/30/2025 Customs Knowledge
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Global Trade System Marks 30 Years As Harmonized Standard

Global Trade System Marks 30 Years As Harmonized Standard

The Harmonized System (HS) serves as a universal language for global trade, playing an irreplaceable role in facilitating international trade, customs management, and economic development. This paper reviews the HS's development over the past three decades, analyzes its significant functions and challenges, and proposes suggestions such as strengthening international cooperation, promoting technological innovation, and improving classification standards. The aim is to further enhance the HS's effectiveness and adaptability, contributing more significantly to the prosperity and development of global trade.

01/03/2018 Customs Knowledge
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WCO Promotes Green Customs for Sustainable Trade

WCO Promotes Green Customs for Sustainable Trade

The WCO's 'Global Green Customs Conference' brought together experts in trade, customs, and environment to discuss border environmental protection. The conference focused on topics such as the circular economy, waste trade, timber trade, and HS code classification, emphasizing the crucial role and responsibility of customs in promoting green trade, combating illegal trade, and building a sustainable future. The conference aimed to strengthen international cooperation, raise public awareness, and collectively address global environmental challenges.

12/30/2025 Customs Knowledge
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WTO Pact Gains Global Support to Boost Trade in Developing Nations

WTO Pact Gains Global Support to Boost Trade in Developing Nations

To help developing countries fully leverage the potential of the WTO's Trade Facilitation Agreement (TFA), multiple international organizations and development partners reaffirmed their commitment to providing comprehensive and coordinated support. This includes technical assistance, capacity building, and financial support aimed at streamlining trade procedures, reducing trade costs, and improving trade efficiency. The ultimate goal is to promote fairness and prosperity in the global economy by enabling smoother and more accessible trade processes for all nations.

12/30/2025 Customs Knowledge
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VAT Promotes Fair Trade in Global Commerce

VAT Promotes Fair Trade in Global Commerce

This article explores how Value Added Tax (VAT) serves as a facilitator of fair competition in international trade, distinguishing it from tariffs. VAT achieves tax neutrality through a multi-stage payment mechanism, providing equal opportunities for all businesses, ensuring that goods are taxed in the consuming country rather than the producing country, thereby promoting growth in international trade.

08/05/2025 Customs Knowledge
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