Argentina Adopts WCO Data Model with Chinas Backing

Argentina Adopts WCO Data Model with Chinas Backing

With the support of the China Customs Cooperation Fund, the WCO successfully held a Data Model Workshop in Argentina. The workshop aimed to assist Argentine Customs and related agencies in adopting the WCO Data Model, building a harmonized national data directory, and enhancing digitalization and trade facilitation capabilities. The workshop included technical analysis, practical exercises, and case studies, injecting new momentum into the digital transformation of Argentine Customs. The goal is to improve data standardization and streamline trade processes, contributing to overall economic growth.

02/02/2026 Customs Knowledge
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WCO Adopts Data Analytics to Boost Trade and Security

WCO Adopts Data Analytics to Boost Trade and Security

The 215th/216th sessions of the WCO's Permanent Technical Committee focused on the application of data analysis in customs, highlighting its importance in trade facilitation, supply chain security, and e-commerce regulation. Discussions covered the implementation of the Trade Facilitation Agreement, integrated supply chain management, future technology applications, and customs-tax cooperation. The aim was to enhance the regulatory and service capabilities of customs administrations and promote global trade development. This involved exploring how data-driven insights can optimize processes and improve efficiency within customs operations.

02/02/2026 Customs Knowledge
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WCO Private Sector Collaborate to Strengthen Global Supply Chains

WCO Private Sector Collaborate to Strengthen Global Supply Chains

The World Customs Organization (WCO) Private Sector Consultative Group (PSCG) met and engaged in dialogue with the WCO Policy Commission (PC), focusing on business recovery, the WCO Data Strategy, and Green Customs. Both parties emphasized strengthening cooperation to normalize trade facilitation measures and leveraging data and technology to promote sustainable development, jointly building a more resilient global supply chain. The discussions highlighted the importance of collaboration between the public and private sectors in addressing current challenges and fostering a more efficient and sustainable global trade environment.

02/02/2026 Customs Knowledge
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Lesotho Enhances Tax Efficiency with Wcobacked Training

Lesotho Enhances Tax Efficiency with Wcobacked Training

The Lesotho Revenue Authority, with the support of the World Customs Organization (WCO), successfully held a workshop on "Competency-Based Human Resource Management" through the "Human Resource Management Competency Building - WCO-UNCTAD Cooperation Project." This initiative aimed to enhance the professional skills of the human capital management team and representatives from various departments. The goal is to build a scientific and rational human resource management system, create an efficient and ethical tax workforce, and provide a solid guarantee for the economic and social development of Lesotho.

02/02/2026 Customs Knowledge
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US Bill Proposes Tax Credit for Short Line Railroad Upgrades

US Bill Proposes Tax Credit for Short Line Railroad Upgrades

The American Short Line and Regional Railroad Association (ASLRRA) welcomes the bipartisan Senate bill aimed at updating the short line railroad tax credit. This legislation seeks to modernize short line railroad infrastructure, support regional economic growth, and improve freight fluidity by adjusting the credit cap, expanding eligibility, and introducing inflation indexing. These changes will incentivize investment in critical infrastructure upgrades, allowing short lines to better serve their customers and contribute to the overall economic health of the communities they serve. The updated tax credit is crucial for maintaining and improving the nation's short line rail network.

01/20/2026 Logistics
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Maersk Hapaglloyd Form Gemini Alliance to Transform Shipping Industry

Maersk Hapaglloyd Form Gemini Alliance to Transform Shipping Industry

Global shipping giants Maersk and Hapag-Lloyd have announced the "Gemini Cooperation," aiming to reshape global maritime transport by optimizing route networks and improving on-time performance. Singapore will serve as a crucial hub with approximately 40 weekly vessel calls. The network employs a hub-and-spoke model to enhance operational efficiency and reduce carbon emissions. Initially, vessels will bypass the Red Sea due to security concerns, with adjustments planned based on future conditions. This collaboration signifies a move towards greater efficiency and sustainability within the global shipping industry.

11/03/2025 Logistics
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US Small Businesses Face Bankruptcy Amid Rising Tariffs

US Small Businesses Face Bankruptcy Amid Rising Tariffs

US small and medium-sized enterprise importers are facing a survival crisis due to tariffs. Surveys show that high tariffs severely impact corporate profitability, even leading to bankruptcy. While companies attempt to shift sourcing locations, the effect is limited, and policy uncertainty further exacerbates the situation. There are no winners in a tariff war; open cooperation is the path to mutual benefit and win-win outcomes. The impact is particularly pronounced on smaller businesses lacking the resources to absorb the increased costs or navigate complex supply chain adjustments.

11/03/2025 Logistics Industry Insights
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US Trade Deficit Widens Amid Tariff Disputes Weak Investment

US Trade Deficit Widens Amid Tariff Disputes Weak Investment

Bloomberg predicts the US trade deficit will hit a record high in May, with the total deficit for the first five months far exceeding levels during the pandemic. A surge in exports from several Asian countries to the US is potentially linked to the temporary expiration of US 'reciprocal tariffs.' Uncertainty surrounding tariff policies has led to a decline in foreign investment inflows into the US. Economists warn this could hinder economic growth. The US needs to carefully consider its tariff policies and strengthen international cooperation to mitigate potential negative consequences.

11/03/2025 Logistics Industry Insights
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Yangpu Abu Dhabi Ports Partner to Expand Chinaarab Trade

Yangpu Abu Dhabi Ports Partner to Expand Chinaarab Trade

The establishment of a sister port relationship between Yangpu Port and Abu Dhabi Port marks a new stage in China-Arab economic and trade cooperation. Both sides will strengthen collaboration in port construction, shipping services, and green energy, leveraging the advantages of Hainan Free Trade Port and Abu Dhabi Free Zone. The aim is to build a dense route network, enhance the regional hub roles of both ports, and promote economic and trade exchanges between China and the Arab world. This partnership is expected to boost maritime connectivity and facilitate increased trade flows.

11/03/2025 Logistics
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Qatar Customs Boosts Trade Security with AEO Program

Qatar Customs Boosts Trade Security with AEO Program

Qatar Customs, with WCO support, held an AEO program assessment workshop to optimize its upcoming AEO program and enhance trade security and efficiency. The workshop employed gap analysis, practical exercises, and work planning to lay the foundation for further AEO program improvements. The AEO program is expected to enhance Qatar's trade security, improve customs clearance efficiency, reduce trade costs, and strengthen international cooperation. The focus was on identifying areas for improvement and developing a roadmap for successful implementation, ensuring the program meets international standards and contributes to a safer and more efficient trade environment.

01/05/2026 Customs Knowledge
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