Global Trade Adopts HS Codes for Green Equipment Tracking

Global Trade Adopts HS Codes for Green Equipment Tracking

The World Customs Organization (WCO) held a series of workshops exploring the use of the Harmonized System (HS) to support environmentally sustainable trade. The workshops focused on the challenges and opportunities in identifying green technologies, incorporating perspectives from the EU, APEC, BIR, IRENA, and industry representatives. The aim was to promote the green transformation of the HS, facilitate trade in environmentally friendly machinery and equipment, and address classification challenges in the circular economy. The discussions highlighted the importance of accurate HS codes for promoting green trade initiatives and achieving environmental sustainability goals.

Philippines Launches Study to Streamline Cargo Boost Trade

Philippines Launches Study to Streamline Cargo Boost Trade

The Philippines has launched a National Time Release Study (TRS) to identify bottlenecks in trade processes through data-driven analysis. The goal is to implement targeted reforms to improve trade efficiency, reduce costs, and enhance global competitiveness. This project is a collaboration between the Bureau of Customs (BOC) and the World Customs Organization (WCO), with support from Her Majesty's Revenue and Customs (HMRC). The final report is expected to be released by the end of 2025. The TRS aims to streamline goods release and contribute to the growth of the Philippine economy.

Chinas Pet Market Booms Driven by 12 Key Trends

Chinas Pet Market Booms Driven by 12 Key Trends

JD.com's report reveals that China's pet market will maintain double-digit growth in the next five years, with e-commerce reshaping the retail landscape. The report analyzes the potential of specific market segments such as pet food, supplies, and healthcare, as well as the characteristics of key consumer groups like women and those born in the 85/90s. The cat economy is booming, and premiumization, intelligentization, and diversification are emerging as new trends in pet consumption. Businesses should seize opportunities, adapt to trends, and tap into the trillion-yuan pet market.

Suqian Explores Crossborder Trade Growth Amid Global Challenges

Suqian Explores Crossborder Trade Growth Amid Global Challenges

Suqian actively embraces cross-border business opportunities by hosting and participating in various international events, building bridges for local enterprises to connect with the global market. This article reviews the concluded E-commerce Festival and Scientists Conference, and looks forward to future events such as the Grain and Oil Equipment Exhibition. It emphasizes the need for enterprises to enhance their competitiveness and strengthen international cooperation to address the challenges of cross-border business. The city aims to leverage these opportunities to boost its economy and foster global partnerships.

Ecommerce Giants Expand Into 1 Trillion Pet Market

Ecommerce Giants Expand Into 1 Trillion Pet Market

The global pet economy is undergoing a structural upgrade, requiring cross-border e-commerce to move beyond traditional 'baby product' thinking and focus on user insights and value creation. Meeting pet owners' emotional needs through intelligent and niche products is crucial for building brand awareness. A multi-channel, comprehensive strategy is essential to stand out in this trillion-dollar market. By understanding the evolving needs of pet owners and offering innovative solutions, brands can establish a strong presence and capture a significant share of the growing global pet market.

US Rail Freight Slump Signals Economic Worries

US Rail Freight Slump Signals Economic Worries

Data from the Association of American Railroads shows that for the week ending May 21st, both U.S. rail freight volume and intermodal traffic decreased year-over-year. Among specific categories, coal and petroleum shipments saw significant declines, with only a few categories like miscellaneous carloads experiencing growth. Cumulative data for the first 20 weeks of the year also indicates a substantial decrease in freight volume. As a leading economic indicator, this decline in rail freight volume suggests potential risks to the U.S. economy, requiring close monitoring and proactive measures.

02/11/2026 Logistics
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US Rail Freight Slumps Auto Shipments Rise Amid Decline

US Rail Freight Slumps Auto Shipments Rise Amid Decline

Data from the Association of American Railroads shows a decline in both U.S. rail freight and intermodal traffic for the week ending December 12th, signaling potential economic headwinds. While shipments of motor vehicles and parts provided a bright spot, overall freight volume decreased. Year-to-date figures reveal a decline in total carloads and a slower growth rate in intermodal volume. Rail freight volume is often considered an economic indicator, suggesting the industry faces both challenges and opportunities in the future. The overall trend indicates a cautious outlook for the economy.

02/12/2026 Logistics
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East Coast Port Strike Threatens Supply Chain White House Urged to Act

East Coast Port Strike Threatens Supply Chain White House Urged to Act

177 trade associations, led by the National Retail Federation (NRF), have urgently appealed to the White House to intervene in the labor negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) to avert a potential port strike on October 1st. The article analyzes the potential impact of the strike on the supply chain and the economy, emphasizing the crucial role of the White House in facilitating a labor agreement. It calls on all parties to reach an agreement as soon as possible to ensure the continuity of port operations.

02/12/2026 Logistics
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Retailers Seek White House Help to Avert East Coast Port Strike

Retailers Seek White House Help to Avert East Coast Port Strike

The National Retail Federation (NRF), along with 177 industry associations, has again urged the White House to intervene in labor negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) to avert a potential strike starting October 1st. The letter analyzes the severe impact a strike could have on the retail industry, consumers, and the overall economy. It emphasizes the White House's critical role in this issue and calls for all parties to work together to ensure supply chain stability. The potential strike poses a significant threat to smooth trade flows.

02/12/2026 Logistics
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Retailers Push White House to Mediate Port Labor Talks

Retailers Push White House to Mediate Port Labor Talks

The National Retail Federation (NRF), along with 177 industry associations, is urging the White House to intervene in the labor negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) to avert potential port strikes after the contract expires at the end of September. The NRF emphasizes that a strike would be devastating to the economy and urges the White House to facilitate an agreement between the two parties to ensure supply chain stability. They are concerned about the potential economic fallout from any disruptions.

02/12/2026 Logistics
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