HS Code Errors Pose Trade Risks Experts Warn

HS Code Errors Pose Trade Risks Experts Warn

This article delves into the World Customs Organization's (WCO) recommendations on HS code classification, exploring the challenges and risks faced by businesses. It proposes strategies including accurately understanding HS coding rules, building a professional team, utilizing search tools, communicating with customs, establishing a database, and monitoring WCO updates. Through case studies, it emphasizes the complexity and importance of HS code classification, aiming to help companies reduce trade risks, ensure compliance, and gain a competitive edge. The article provides practical guidance for navigating the intricacies of HS codes in international trade.

02/06/2026 HS Code Query
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WCO Stresses Supply Chain Resilience at ADBI Conference

WCO Stresses Supply Chain Resilience at ADBI Conference

World Customs Organization (WCO) Secretary General Kunio Mikuriya delivered a keynote speech at the Asian Development Bank Institute Annual Conference, highlighting the multiple challenges facing global supply chains, including digitalization, data standardization, technological changes, e-commerce development, environmental issues, and border conflicts. He called for strengthened international cooperation to enhance the role of customs in supply chain resilience, jointly address these challenges, and promote the stability and sustainable development of global trade. This collaborative effort is crucial for navigating the complexities and ensuring a robust global trading system.

02/06/2026 Logistics Industry Insights
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Bonito Airport Emerges As Key Air Cargo Hub in Brazil

Bonito Airport Emerges As Key Air Cargo Hub in Brazil

Bonito Airport (BYO) is a significant air transportation node in Mato Grosso do Sul, Brazil. Although currently a non-customs airport, it holds immense potential for connecting the inland region with the outside world. With the growth of local tourism and agriculture, the airport is expected to upgrade to a customs airport, facilitating international trade. This article provides an in-depth analysis of Bonito Airport's geographical location, strategic importance, and future development prospects, offering valuable reference information for businesses. It highlights the airport's role in regional development and its potential for future expansion.

09/29/2025 Airport Codes
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WCO Enhances Crossborder Ecommerce to Simplify Global Trade

WCO Enhances Crossborder Ecommerce to Simplify Global Trade

The World Customs Organization (WCO) actively participated in the UNCTAD E-commerce Week, focusing on streamlining cross-border e-commerce processes to promote inclusive global trade growth. The WCO contributes to building an efficient, secure, and convenient cross-border e-commerce ecosystem by focusing on four key areas, collaborating with international organizations, and embracing the digital future. These efforts aim to inject new impetus into global economic growth. The WCO's involvement highlights the importance of customs administrations in facilitating and securing the rapidly evolving landscape of e-commerce.

01/22/2026 Customs Knowledge
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WCO APEC Boost Digital Trade in Asiapacific

WCO APEC Boost Digital Trade in Asiapacific

The Secretary General of the World Customs Organization (WCO) highlighted the role of smart borders in Connectivity 4.0 at the APEC Summit in Chile. He presented WCO's initiatives to facilitate the integration of SMEs into global value chains and address the challenges of e-commerce. The WCO also expressed its support for Chilean customs reform, aiming to jointly build a new landscape for digital trade in the Asia-Pacific region. The focus is on leveraging technology and collaboration to streamline trade processes and foster economic growth within the APEC framework.

01/26/2026 Customs Knowledge
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WCO Revises Strategies to Strengthen Global Trade Capacity

WCO Revises Strategies to Strengthen Global Trade Capacity

The 16th meeting of the World Customs Organization (WCO) Capacity Building Committee, themed "Reshaping the WCO Capacity Building Paradigm," emphasized strategic alignment and resource optimization. The meeting aimed to update capacity building strategies to address global trade challenges. Discussions focused on the elements and operational aspects of the new paradigm, highlighting the importance of multi-stakeholder collaboration. The committee also elected new chairs and vice-chairs, setting the direction for global customs capacity building initiatives. The conference sought to modernize approaches to better support member states in navigating the evolving international trade landscape.

01/26/2026 Customs Knowledge
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Heavy Truck Rental New Models: The Best Choice to Flexibly Respond to Logistics Changes

Heavy Truck Rental New Models: The Best Choice to Flexibly Respond to Logistics Changes

This article explores the strategy of logistics companies choosing heavy truck rental over purchasing during their capacity expansion. By opting for operating leases, companies only pay for usage rights, reducing financial pressure and enhancing flexibility, allowing them to quickly respond to market changes and policy adjustments. As competition intensifies, this new model has become a significant choice for firms to lower risks and improve efficiency.

07/17/2025 Logistics
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Intercity Logistics Takes Flight: Unveiling a New Chapter in the Low Altitude Economy Era

Intercity Logistics Takes Flight: Unveiling a New Chapter in the Low Altitude Economy Era

The successful maiden flight of the country's first large-scale intercity drone logistics route marks the rise of the low-altitude economy. The efficient transportation and significant time savings provided by drones present new challenges and opportunities for the traditional freight model. With continuous improvement in policies, the low-altitude logistics market is expected to reach hundreds of billions in scale, creating a wide range of applications.

07/17/2025 Logistics
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Launch of Cold Chain Transport Train in Yangtze River Delta Promotes Fresh Logistics Development

Launch of Cold Chain Transport Train in Yangtze River Delta Promotes Fresh Logistics Development

The Yangtze River Delta railway has launched its first cold chain transportation train, aimed at enhancing the efficiency of fresh produce transport and reducing logistics costs. The inaugural train departs from Shanghai to Chengdu, traveling at a maximum speed of 120 km/h, covering the distance in approximately 38 hours, thus reducing transit time by about 22 hours. Additionally, transportation costs are expected to decrease by around 20%. This development plan will encompass multiple routes, further improving the cold chain logistics network.

07/19/2023 Logistics
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