WCO Launches Online Academy to Train Trade Professionals

WCO Launches Online Academy to Train Trade Professionals

The World Customs Organization (WCO) has launched an online academy to enhance the customs expertise of global trade professionals. The academy offers online courses in areas such as the Harmonized System, Data Model, and Customs Valuation, providing self-paced learning, comprehensive solutions, and customized services. This initiative aims to promote trade facilitation, security, and compliance, ultimately contributing to global trade development. By offering accessible and flexible training, the WCO seeks to empower customs officials and trade stakeholders worldwide.

Francophone African Officials Boost Customs Expertise

Francophone African Officials Boost Customs Expertise

The World Customs Organization (WCO) held a training session in Mauritius for customs officials from French-speaking African countries. The training aimed to enhance their expertise in HS coding and customs valuation. Through theoretical learning, practical exercises, and group discussions, participants not only mastered relevant knowledge but also strengthened their awareness of regional cooperation, laying the foundation for better serving international trade in the future. The training also explored the challenges and opportunities of HS coding in regional applications.

Abu Dhabi Customs Streamlines Trade with Preruling System

Abu Dhabi Customs Streamlines Trade with Preruling System

Abu Dhabi Customs is actively implementing an Advance Ruling System to optimize commodity classification, valuation, and origin processes, aiming to comply with the WTO Trade Facilitation Agreement. Through legal framework and infrastructure upgrades, with technical support from the WCO, Customs is committed to raising trader awareness and officer capabilities. The Advance Ruling System is expected to reduce trade costs, improve efficiency, enhance compliance, and attract more foreign investment, injecting new momentum into Abu Dhabi's trade development.

Comptia Calls for Global Digital Trade System Overhaul

Comptia Calls for Global Digital Trade System Overhaul

CompTIA urges the World Customs Organization (WCO) to optimize the Harmonized System (HS) to adapt to the rapidly evolving business landscape. Recommendations include revisiting valuation criteria, shortening review cycles, increasing private sector involvement, and providing explanatory notes free of charge. These suggestions aim to facilitate the digital transformation of global trade by ensuring the HS accurately reflects modern goods and services. Updating the HS is crucial for efficient customs procedures and smooth international commerce in the digital age.

Panalpina Rejects Dsvs Takeover Bid Amid Merger Talks

Panalpina Rejects Dsvs Takeover Bid Amid Merger Talks

Swiss freight forwarder Panalpina rejected a takeover bid from Danish logistics giant DSV due to complex reasons including company valuation, cultural differences, and the pursuit of independence. Industry analysts suggest Kuehne + Nagel could be a potential buyer. This event reflects the ongoing consolidation trend in the logistics industry. Future development directions include intelligentization, green initiatives, customization, and platformization. The rejection highlights the complexities involved in large-scale logistics mergers and acquisitions, even amidst industry consolidation pressures.

02/03/2026 Logistics
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Pacific Islands Boost Customs Skills with Trainer Program

Pacific Islands Boost Customs Skills with Trainer Program

The WCO-JICA MTP project focuses on developing customs trainers in Pacific Island Countries, aiming to enhance their skills in valuation and classification. This initiative contributes to improved customs administration and ultimately facilitates regional trade. Through comprehensive training programs and knowledge transfer, the project empowers local customs officials to effectively implement international standards and best practices. This leads to more efficient border procedures and a more predictable trading environment, supporting economic growth and regional integration within the Pacific region.

WCO JICA Boost Customs Revenue in Pacific Islands

WCO JICA Boost Customs Revenue in Pacific Islands

The World Customs Organization (WCO), in collaboration with the Japan International Cooperation Agency (JICA), launched the Pacific Islands Customs "Professional Mentoring Framework" (PMF) to enhance customs modernization in the region. A preparatory meeting identified customs valuation and commodity classification as priority areas. The project's success hinges on accurate needs assessments, practical training content, diverse training methods, scientific impact evaluation, and ensuring sustainability. The PMF aims to build capacity and improve tax administration through effective mentorship and targeted training programs.

Shippers Guide Avoiding HBL Vs MBL Freight Pitfalls

Shippers Guide Avoiding HBL Vs MBL Freight Pitfalls

This article provides an in-depth analysis of the differences between House Bill of Lading (HBL) and Master Bill of Lading (MBL), offering a practical guide to avoid pitfalls in LCL consolidation operations. It covers key distinctions such as cargo ownership, payment methods, and header signatures. Through real-world case studies, the article provides solutions to common issues like container leasing, customs declaration, port entry, and container drop-off. The aim is to help shippers and freight forwarders mitigate risks and successfully complete international cargo transportation.

Prologis Index Shows Logistics Real Estate Demand Rebounding

Prologis Index Shows Logistics Real Estate Demand Rebounding

The Prologis IBI Index indicates a turning point in logistics real estate demand, with increased leasing activity and improved utilization rates. This demand recovery is driven by multiple factors, but the 'just-right' inventory strategy remains prevalent. Vacancy rates are expected to remain stable in the short term, potentially tightening in the long run. Companies should closely monitor market dynamics and adapt their strategies to seize opportunities. The rebound suggests a potential shift in the market, requiring businesses to be agile and responsive to changing conditions.

Airport Rents Surge As Logistics Firms Seek Competitive Edge

Airport Rents Surge As Logistics Firms Seek Competitive Edge

CBRE research indicates rising industrial real estate rents near major US airports, driven by companies relocating to mitigate high transportation costs. Third-party logistics (3PL) providers account for the largest share of leasing activity. Companies should reassess supply chain strategies, embrace 3PL, plan ahead, explore emerging markets, leverage technology, and diversify their footprint to address the challenges posed by increasing airport real estate rents. This proactive approach is crucial for maintaining competitiveness and optimizing logistical operations in the evolving landscape of airport-adjacent industrial spaces.