WTO Revisions Speed Up Global Trade Processes

WTO Revisions Speed Up Global Trade Processes

The 30th Session of the RKC Management Committee successfully convened, focusing on revisions to specific annexes concerning goods processing, postal transport, and crucial areas like Rules of Origin. A decision was made to extend the review period until December 2023. This extension aims to further refine the rules, enhance global trade facilitation, and provide clearer guidance for businesses, ultimately promoting cross-border trade development. The discussions centered on streamlining processes and ensuring clarity in international trade regulations.

02/12/2026 Customs Knowledge
Read More
Revised Kyoto Convention to Enhance Trade Facilitation Postreview

Revised Kyoto Convention to Enhance Trade Facilitation Postreview

The 30th session of the Revised Kyoto Convention (RKC) Management Committee focused on reviewing specific annexes aimed at simplifying customs procedures, reducing trade costs, improving clearance efficiency, and promoting international trade growth. The meeting decided to extend the review period until December 2023 to refine the RKC guidelines and draft annexes. This extension aims to create a more convenient and efficient future for global trade by ensuring the RKC remains a relevant and effective tool for trade facilitation worldwide.

02/12/2026 Customs Knowledge
Read More
Digital Vs Online Banks Key Differences and Trends

Digital Vs Online Banks Key Differences and Trends

This paper delves into the concepts, functions, and operational differences between digital banking and online banking, while also looking ahead to future trends in digital finance. Digital banks offer more comprehensive online services, while online banking is an online extension of traditional banks. In the future, the lines between the two will blur, and digital finance will become more integrated and innovative. The study highlights the evolution and convergence of these banking models within the broader fintech landscape.

02/12/2026 International Settlement
Read More
Guide to Streamlined Chatgpt Login and Improved AI Use

Guide to Streamlined Chatgpt Login and Improved AI Use

This article details how to log in to ChatGPT, including methods via the official OpenAI website and the ChatGPT Chrome extension. It compares the free and paid versions, highlighting key differences in features and access. The article also provides a frequently asked questions (FAQ) section to help users easily get started and enjoy the benefits of AI-powered conversations. This guide aims to provide a smooth onboarding experience, allowing users to quickly access and utilize the capabilities of ChatGPT.

12/31/2025 Logistics Encyclopedia
Read More
UPS Extends Surcharges Amid Ecommerce Profit Push

UPS Extends Surcharges Amid Ecommerce Profit Push

UPS has announced an extension of its demand surcharge, sparking industry debate about express delivery companies' profit strategies. This article analyzes the background, measures, and market impact of UPS's move, providing shippers with coping strategies. It also looks ahead to future development trends in the express delivery industry. The extended surcharge impacts logistics costs and pricing strategies for businesses relying on UPS, prompting a need to understand the underlying reasons and potential alternatives for managing shipping expenses effectively.

01/16/2026 Logistics
Read More
WTO Extends Trade Program to Aid Developing Nations Customs

WTO Extends Trade Program to Aid Developing Nations Customs

The Global Trade Facilitation Programme (GTFP), a collaboration between the Swiss State Secretariat for Economic Affairs (SECO) and the World Customs Organization (WCO), has been extended until December 2023 due to its significant achievements. The program aims to promote economic growth in developing countries by simplifying trade procedures and improving customs administration through capacity building. This extension will consolidate gains, address challenges posed by the pandemic, and enhance sustainability, ultimately providing long-term development opportunities for beneficiary countries.

01/19/2026 Customs Knowledge
Read More
US Rail Safety Upgrades Delayed Amid PTC System Push

US Rail Safety Upgrades Delayed Amid PTC System Push

The U.S. House of Representatives has introduced a new bill proposing to extend the deadline for Positive Train Control (PTC) system implementation to the end of 2018, sparking debate on railroad safety upgrades. The PTC system aims to prevent train accidents but faces technical and economic challenges. The call for extension stems from implementation difficulties and potential economic impacts. The FRA is adopting a combination of regulation and penalties. The future requires a balance between safety and efficiency.

01/26/2026 Logistics Industry Insights
Read More
Amazon Fulfillment Guide Aids Crossborder Sellers

Amazon Fulfillment Guide Aids Crossborder Sellers

This article delves into the time zone logic behind Amazon's shipping time, emphasizing that Amazon's shipping time is based on the location of the marketplace. It compares the timeliness differences among FBA, FBM, and Overseas Shopping. Furthermore, it provides practical logistics strategy suggestions for cross-border sellers, including accurately calculating time zones, optimizing logistics channels, and reserving buffer time, to help improve operational efficiency and reduce operational risks. The focus is on understanding and managing time zone differences for optimal delivery performance.

01/26/2026 Logistics Encyclopedia
Read More