Shanghai Intensifies Crackdown on Export Tax Fraud

Shanghai Intensifies Crackdown on Export Tax Fraud

Shanghai tax authorities have cracked down on export tax rebate fraud, investigating Shanghai Jinhui Investment Industry Co., Ltd. and Ru Chen International Trade (Shanghai) Co., Ltd. in two separate cases. The individuals involved have been severely punished by law, demonstrating the tax authorities' determination to maintain tax order and safeguard national financial security. The crackdown underscores the commitment to preventing economic crimes related to export tax rebates and ensuring fair trade practices.

New IATA Handbook Enhances Airline Booking for 20252026

New IATA Handbook Enhances Airline Booking for 20252026

The latest edition of the IATA Reservation Handbook (RHB), effective from June 1, 2025, to May 31, 2026, includes updates to chapters on group bookings and chargeable ancillary services. It aims to provide airlines and travel agents with a centralized guide to reservation procedures and best practices, enhancing booking efficiency, improving customer satisfaction, and reducing operational risks. This handbook serves as a crucial resource for navigating the complexities of airline reservations according to IATA standards.

St Gallen and IATA Partner on Sustainable Aviation Program

St Gallen and IATA Partner on Sustainable Aviation Program

IATA's collaboration with the University of St. Gallen cultivates sustainable aviation leaders, covering topics such as sustainable aviation fuels and carbon markets. The program aims to enhance strategic and management capabilities, empowering participants to drive the green transition within the aviation industry. By fostering a deeper understanding of sustainability challenges and opportunities, this initiative seeks to accelerate the adoption of environmentally responsible practices and contribute to a more sustainable future for air travel.

Railroads Face Growing Antitrust Lawsuit from Freight Customers

Railroads Face Growing Antitrust Lawsuit from Freight Customers

Four major US railroad companies are accused of conspiring to manipulate fuel surcharges, harming freight customers. A court has certified a class action lawsuit, offering hope for victims. The case focuses on the "relentless rate increases" between 2003 and 2008. This litigation could prompt increased scrutiny from regulators, potentially impacting the rail freight industry and the broader business environment. The outcome may lead to changes in pricing practices and increased oversight of railroad companies.

01/20/2026 Logistics
Read More
Global Survey Highlights Trade Facilitation Trends in Customs

Global Survey Highlights Trade Facilitation Trends in Customs

The first International Survey on Customs Administration (ISOCA) report, jointly released by the World Customs Organization (WCO) and the International Monetary Fund (IMF), analyzes the customs administration performance, characteristics, practices, and structural foundations of 51 countries and regions. The report aims to promote trade facilitation, strengthen international cooperation, and improve customs management. It also provides a reference for businesses to understand the customs environment of various countries, reduce trade risks, and improve customs clearance efficiency.

Chinaeurope Maritime Trade Revives Ancient Silk Road Via New Pacts

Chinaeurope Maritime Trade Revives Ancient Silk Road Via New Pacts

China-Europe maritime trade has a long history, with the 2002 maritime agreement marking a significant milestone. This agreement facilitated the growth of trade between China and Europe, and shipping routes now span the globe. Looking ahead, China-Europe maritime transport is poised for development towards intelligence, green practices, interconnectivity, and free trade, promising a bright future. The agreement significantly boosted trade volume and fostered closer economic ties between the two regions.

WCO Releases IT Guide for Digital Customs Modernization

WCO Releases IT Guide for Digital Customs Modernization

The World Customs Organization (WCO) has released an IT Guide to assist customs leaders in digital transformation. This guide aims to enhance efficiency, security, and service delivery within customs administrations worldwide. By leveraging information technology, customs organizations can streamline processes, improve risk management, and ultimately support trade facilitation efforts, contributing to a more efficient and secure global trading environment. The guide provides practical insights and best practices for implementing digital solutions within the customs domain.

Madagascar Boosts Trade with Wcosupported AEO Program

Madagascar Boosts Trade with Wcosupported AEO Program

A World Customs Organization (WCO) expert team visited Madagascar to assist its customs administration in implementing the Authorized Economic Operator (AEO) program. The goal is to enhance supply chain security and efficiency, thereby promoting trade facilitation. The mission covered AEO simplified procedures, customs support measures, standards and benefits, and international best practices. This initiative aims to bring new highlights to Madagascar's customs management and lay the foundation for the country's sustainable economic development.

WTO Rules Against Trump Tariffs Ignites Trade Policy Debate

WTO Rules Against Trump Tariffs Ignites Trade Policy Debate

The World Trade Organization ruled that the Trump administration's tariffs on China violated global trade rules, but the short-term impact is limited. Experts are calling for abandoning unilateralism and adopting a new strategy of win-win cooperation, uniting allies to urge China to change unfair trade practices, jointly address global trade challenges, and achieve global trade prosperity and development. This shift emphasizes collaboration over confrontation in navigating complex international trade issues.

Oneworld Alliance Adopts IATA CO2 Connect for Flight Emissions Tracking

Oneworld Alliance Adopts IATA CO2 Connect for Flight Emissions Tracking

Oneworld is the first alliance to utilize IATA CO2 Connect, enabling 13 member airlines to share data for improved carbon emission calculation accuracy. This advancement empowers travelers to make environmentally conscious choices and supports comprehensive ESG reporting. By leveraging shared data, Oneworld aims to provide a more precise understanding of the environmental impact of flights, facilitating informed decision-making for both passengers and the alliance itself in its pursuit of sustainable aviation practices.

02/03/2026 Airlines
Read More