Kenyas Mobile Money Transactions Hit 10year High

Kenyas Mobile Money Transactions Hit 10year High

Central Bank of Kenya data reveals a 38% year-on-year surge in mobile payment agent transactions for the first 10 months of this year, reaching a decade high. Nearly 300,000 agents nationwide provide convenient cash deposit and withdrawal services, with the year-end holiday season expected to further boost transaction volumes. Mobile payment is profoundly reshaping Kenya's financial landscape, offering accessibility and convenience that traditional banking systems struggle to match. This growth highlights the significant role fintech plays in the Kenyan economy.

USPS Expands Lastmile Delivery to Private Bidders

USPS Expands Lastmile Delivery to Private Bidders

The United States Postal Service (USPS) has announced the opening of its 'last mile' delivery network, allowing shippers of all sizes to bid on access to over 18,000 Delivery Destination Units (DDUs). This initiative aims to increase USPS revenue, improve its financial sustainability, and help retailers achieve faster delivery times. Industry experts believe this move presents both opportunities and challenges, with the ultimate success hinging on effective implementation. The increased competition and potential for improved efficiency could reshape the last mile landscape.

USPS Expands Lastmile Delivery to Private Bidders

USPS Expands Lastmile Delivery to Private Bidders

USPS plans to open its last-mile delivery network, allowing various shippers to bid for access, aiming to increase revenue, improve financial health, and help retailers achieve faster delivery. This move faces challenges such as bidding process design, pricing predictability, and operational complexity. Its success or failure will reshape the US logistics landscape, impacting the last-mile delivery strategies of retailers and logistics companies. The initiative's outcome could significantly alter the competitive dynamics of e-commerce fulfillment and parcel delivery across the nation.

02/03/2026 Logistics
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Global Airlines Face Debt Labor Challenges Amid Postpandemic Recovery

Global Airlines Face Debt Labor Challenges Amid Postpandemic Recovery

The global aviation industry is facing a triple threat: debt crisis, airport reopening challenges, and labor shortages. High debt burdens are weighing down airlines, while airports must balance security and efficiency. The labor market is experiencing layoffs. Despite these challenges, the industry is actively exploring digital transformation, cost control, and sustainable development pathways to find opportunities for recovery amidst the crisis. The focus is on navigating the complexities of restarting operations while managing financial constraints and adapting to a changing workforce.

Yinchuan Tax Refund Eases Solar Export Policy Shift

Yinchuan Tax Refund Eases Solar Export Policy Shift

Yinchuan Comprehensive Bonded Zone launched bonded warehousing services in response to adjustments in photovoltaic export tax rebate policies. It offers services like 'tax rebate upon entry,' helping companies alleviate financial pressure and accelerate capital recovery. Through standardized warehousing and one-stop customs clearance services, it assists enterprises in reducing costs, improving international competitiveness, and smoothly navigating the policy window. This initiative aims to support photovoltaic exporters by providing efficient and cost-effective solutions during the policy transition period and beyond.

02/03/2026 Warehousing
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World Customs Organization Updates Expert Mission Guidelines

World Customs Organization Updates Expert Mission Guidelines

This guide provides World Customs Organization (WCO) experts with comprehensive instructions for the entire mission execution process, covering pre-mission preparation, on-mission management, and post-mission wrap-up. It includes general procedures, logistical arrangements, mission preparation steps, and financial regulations. The aim is to assist experts in efficiently completing their missions, ensuring the quality and impact of their deliverables. It provides a practical framework for successful mission completion, from initial planning to final reporting, enhancing the overall effectiveness of WCO expert missions.

Trade Firms Urged to Manage Ocean Freight Costs Risks

Trade Firms Urged to Manage Ocean Freight Costs Risks

This article delves into the impact of ocean freight surcharges on the profits of foreign trade enterprises. It reveals the calculation logic of common surcharges, provides tiered response strategies for unreported surcharges, and proposes a plan for building a surcharge management system. The aim is to help companies effectively control ocean freight costs, enhance competitiveness, and mitigate financial risks associated with unexpected charges. By understanding and managing these surcharges, businesses can improve profitability and maintain a competitive edge in the global market.

Indonesia Streamlines Food Export Logistics for Independent Sellers

Indonesia Streamlines Food Export Logistics for Independent Sellers

This article provides a comprehensive guide for independent website sellers looking to export food products to Indonesia. It covers key aspects such as express delivery options, customs clearance strategies, payment methods, and last-mile delivery services. The analysis focuses on the characteristics of Indonesia's payment market and proposes specific logistics solutions and precautions tailored to the unique requirements of food products. This guide aims to help sellers successfully expand into the Indonesian market by addressing critical logistical and financial considerations for food exports.

02/02/2026 Logistics
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Eastsouthern Africa Customs Officials Tackle Transfer Pricing

Eastsouthern Africa Customs Officials Tackle Transfer Pricing

A joint workshop by the World Customs Organization (WCO) and the OECD aimed to enhance the expertise of customs officials in East and Southern Africa on transfer pricing and customs valuation. The initiative promotes regional customs cooperation, maintains fair trade practices, and combats tax evasion. By strengthening the capacity of customs administrations in these areas, the workshop supports efforts to ensure accurate valuation of goods and prevent illicit financial flows, ultimately contributing to a more transparent and equitable global trading system.

Forward Air Moves to End Omni Logistics Merger Amid Dispute

Forward Air Moves to End Omni Logistics Merger Amid Dispute

The merger between Forward Air and Omni Logistics has stalled, with Forward Air filing a counterclaim seeking to terminate the agreement, escalating the conflict. Financial pressures and Omni's compliance issues may be reasons for Forward Air's reconsideration. The failure of the merger will impact both companies and the logistics industry, serving as a warning for companies to carefully assess merger risks. The dispute highlights the importance of due diligence and risk management in M&A transactions within the competitive logistics sector.

02/04/2026 Logistics
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