Airlines Struggle As Aviation Value Chain Imbalances Persist

Airlines Struggle As Aviation Value Chain Imbalances Persist

A joint study by IATA and McKinsey reveals the profitability challenges within the aviation industry's value chain. The report highlights that despite its significant contributions, the airline sector consistently struggles with profitability, resulting in lower-than-expected returns for investors. The report suggests that governments should ease regulations to enable shared risk and benefit across the value chain. Simultaneously, airlines must continuously improve efficiency to attract more investment and enhance the overall profitability of the industry.

01/28/2026 Logistics Industry Insights
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Three Strategies to Strengthen Supply Chain Resilience

Three Strategies to Strengthen Supply Chain Resilience

A joint study by APICS and MSU reveals that supply chain complexity stifles corporate growth. The report proposes three solutions: first, strengthen collaboration and build a community of value; second, empower with technology and create a smart engine; and third, drive with leadership and build an agile culture. Companies should actively embrace change to reverse the situation in complex markets. By focusing on these key areas, businesses can navigate challenges and achieve sustainable growth despite increasing supply chain complexities.

01/29/2026 Logistics Industry Insights
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ASEAN AEO Certification Boosts Smes in Global Trade

ASEAN AEO Certification Boosts Smes in Global Trade

A joint report by the World Customs Organization, World Trade Organization, and International Chamber of Commerce highlights the importance of optimizing AEO programs to lower barriers for SMEs, provide differentiated services, enhance promotion, and strengthen international cooperation. This aims to empower SMEs, achieve more inclusive global trade growth, and shares practical experiences from both businesses and customs administrations. The report emphasizes streamlining processes and offering tailored support to facilitate SME participation in global trade through the AEO framework.

01/30/2026 Customs Knowledge
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West Africa Enhances Risk Management with WCOJICA Initiative

West Africa Enhances Risk Management with WCOJICA Initiative

The WCO/JICA Joint Project successfully completed a Master Trainer Program in West Africa, training 18 experts in risk management and intelligence analysis for customs administrations in six countries, including Benin and Burkina Faso. Through working groups, regional training material development, and virtual training, the project significantly enhanced customs risk management capabilities in the West African region and promoted regional cooperation and sustainable development. The WCO and JICA will continue to support customs capacity building in West Africa.

01/30/2026 Customs Knowledge
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East Africa Launches Customs Capacity Building Program

East Africa Launches Customs Capacity Building Program

The World Customs Organization (WCO) and Japan International Cooperation Agency (JICA) joint project, 'Train-the-Trainers Programme', has made significant progress in East Africa, enhancing customs capacity by developing a pool of post-clearance audit experts and creating training materials. The project innovatively adopted a 'virtual working group' model during the pandemic to ensure its smooth continuation. Moving forward, the project will further improve training skills and build a sustainable mechanism for customs capacity enhancement in the region.

02/03/2026 Customs Knowledge
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Saudi Arabia Updates SASO 2902 Energy Efficiency Standards for Exports

Saudi Arabia Updates SASO 2902 Energy Efficiency Standards for Exports

Saudi Arabia's energy efficiency standard SASO 2902 has undergone a significant update, impacting exports of products like LED lamps. Companies need to pay attention to the implementation of the new standard SASO 2902:2018/AMD2:2023 and promptly change or reapply for certificates. The label change upgrade window closed on May 31, 2025. It is crucial to be aware of the mandatory effective and enforcement dates to ensure products comply with Saudi energy efficiency standards and avoid the risk of detention.

11/03/2025 Customs Knowledge
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WCO ENFORCE Team Up to Stop Illegal Waste Shipments

WCO ENFORCE Team Up to Stop Illegal Waste Shipments

The World Customs Organization (WCO), through its Environment Programme, actively participates in optimizing the Regulatory Compliance Environment Network (ENFORCE) initiative, aiming to strengthen Customs' role in combating the illegal transboundary movement of waste. The WCO will assist ENFORCE members in connecting with national Customs administrations, providing training, and coordinating operations to enhance Customs enforcement capabilities and collectively build a global environmental security network. This will contribute to a more secure and sustainable environment by preventing the illegal dumping and trafficking of hazardous waste.

01/05/2026 Customs Knowledge
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WCO Aids Asiapacific in Plastic Waste Management Reform

WCO Aids Asiapacific in Plastic Waste Management Reform

The World Customs Organization (WCO) completed virtual diagnostic missions to Indonesian and Philippine Customs to assist in implementing the Basel Convention's plastic waste amendments. The project covers strategy, legal frameworks, procedures, enforcement, policy, and capacity building. It will provide detailed implementation plans and regional workshops to strengthen customs controls on plastic waste trade in the Asia-Pacific region. This initiative aims to enhance the collective response to the challenges posed by plastic waste and improve customs' ability to effectively manage its transboundary movement.

01/05/2026 Customs Knowledge
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WCO SICPA Enhance Global Supply Chain Security Partnership

WCO SICPA Enhance Global Supply Chain Security Partnership

The World Customs Organization (WCO) and SICPA are deepening their cooperation to enhance global supply chain security. Through SICPA's support for WCO capacity-building programs, both parties are jointly combating counterfeiting and improving customs enforcement capabilities, aiming to build a safer and more efficient international trade system. This collaboration demonstrates the commitment of governments and the private sector to jointly maintain global trade order. The partnership focuses on strengthening customs administrations to effectively address security threats and facilitate legitimate trade flows.

12/30/2025 Customs Knowledge
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World Customs Organization Pushes Data Standardization

World Customs Organization Pushes Data Standardization

The 3rd Working Group on Data and Statistics (WGDS) meeting of the World Customs Organization (WCO) focused on customs data standardization, security, and collaboration. Through standardizing enforcement statistics, promoting best practices in data sharing, strengthening cybersecurity protection, and unifying data terminology, the meeting aimed to build a data-driven customs framework. This framework is designed to facilitate and secure global trade by improving data quality and interoperability among customs administrations worldwide. The ultimate goal is enhanced efficiency and effectiveness in customs operations.

01/05/2026 Customs Knowledge
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