US Rail Labor Deal Reached Strike Averted

US Rail Labor Deal Reached Strike Averted

Significant progress has been made in US railroad labor negotiations, with multiple unions reaching tentative agreements with railway companies, reducing the risk of rail service disruptions after the September 16th 'cooling-off' period. The Presidential Emergency Board's (PEB) recommendations provided a framework for negotiations, including wage increases and lump-sum payments. Reaching a final agreement is crucial for the stability of the US economy, averting potential supply chain issues and economic fallout from a nationwide rail shutdown.

02/04/2026 Logistics
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Firms Adopt Digital Procurement to Optimize Supply Chains

Firms Adopt Digital Procurement to Optimize Supply Chains

This paper delves into the critical role of suppliers in the business supply chain, elaborating on supplier classification, tiered management, and the application of digital procurement systems in optimizing supplier management. By effectively classifying and tiering suppliers, and leveraging digital procurement systems, companies can better control their supply chain and enhance overall competitiveness. This includes improved risk mitigation, cost reduction, and enhanced collaboration with key suppliers, ultimately leading to a more resilient and efficient supply chain.

02/05/2026 Logistics Encyclopedia
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New Rules Worsen Nansha Port Congestion Disrupting Supply Chains

New Rules Worsen Nansha Port Congestion Disrupting Supply Chains

Guangzhou Nansha Port's tightened ETA deadlines and 'triple penalty' mechanism, aimed at alleviating congestion, have exacerbated supply chain pressures, leading some freight forwarders to suspend bookings. Businesses need to adopt data-driven strategies, including precise forecasting, collaborative optimization, risk management, and diversification, to navigate these challenges and ensure smooth cargo shipments. The new regulations, while intended to improve efficiency, are creating significant hurdles for businesses relying on the port, requiring proactive and adaptable solutions to minimize disruptions.

02/05/2026 Logistics
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Hong Kong Moves to Regulate Stablecoins for Web3 Growth

Hong Kong Moves to Regulate Stablecoins for Web3 Growth

Hong Kong has released a consultation paper on stablecoin regulation, proposing a licensing regime for fiat-backed stablecoins to regulate issuers and protect investor interests. The aim is to build a safe and reliable stablecoin ecosystem through sound reserve management, redemption mechanisms, risk controls, information disclosure, and sufficient financial resources, laying a solid foundation for Hong Kong's Web3 development. The Hong Kong Monetary Authority (HKMA) will launch a 'sandbox' arrangement to facilitate the implementation of the regulatory regime.

02/05/2026 International Settlement
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Lazada Product Guide Boosts Ecommerce Success in Southeast Asia

Lazada Product Guide Boosts Ecommerce Success in Southeast Asia

This article provides a systematic Lazada product selection strategy designed to help cross-border sellers succeed in the Southeast Asian e-commerce market. It covers market insights, product selection tools, risk mitigation, frequently asked questions, case studies, and future trend forecasts, offering comprehensive product selection guidance for sellers. The article aims to equip sellers with the knowledge and tools necessary to make informed decisions and optimize their product offerings on the Lazada platform, ultimately increasing their sales and profitability.

02/05/2026 Logistics Industry Insights
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Ankang New Energy Expands Ebay Sales in US and Europe

Ankang New Energy Expands Ebay Sales in US and Europe

This paper delves into the cross-border e-commerce operation strategies of Ankang New Energy Vehicles on the eBay platform, focusing on platform compliance, operational data, and risk management. It provides practical guidance and suggestions for new energy vehicle companies aiming to expand into overseas markets through eBay, helping them seize market opportunities, mitigate potential risks, and achieve sustainable development. The analysis offers valuable insights into navigating the complexities of selling new energy vehicles internationally via the eBay platform.

02/05/2026 Logistics Industry Insights
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US Ecommerce Firms Adopt Costcutting Container Logistics Strategies

US Ecommerce Firms Adopt Costcutting Container Logistics Strategies

This article provides an in-depth analysis of key aspects of US container cross-border logistics, offering a comprehensive practical guide covering freight rate analysis, customs clearance essentials, port selection, and risk management. By mastering these core strategies, cross-border e-commerce sellers can effectively reduce logistics costs, improve operational efficiency, and succeed in the US market. The guide aims to equip sellers with the knowledge necessary to navigate the complexities of US logistics and gain a competitive edge.

02/05/2026 Logistics Industry Insights
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Wcos AI Project Simplifies HS Code Classification for Trade

Wcos AI Project Simplifies HS Code Classification for Trade

The WCO's BACUDA project utilizes AI to recommend HS codes. By learning from historical data, it aims to improve the efficiency of commodity classification, reduce misclassification errors, and facilitate trade. The AI system analyzes product descriptions and characteristics to suggest the most appropriate HS code, streamlining the classification process and potentially lowering the risk of customs delays or penalties. This innovative application of AI promises significant benefits for both customs administrations and businesses involved in international trade.

02/05/2026 HS Code Query
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Peru Boosts Customs Oversight with Global Partnerships

Peru Boosts Customs Oversight with Global Partnerships

Peru Customs, with support from the SECO-WCO Global Trade Facilitation Programme, held a virtual forum focusing on optimizing customs valuation risk management. Participating countries shared experiences and discussed database construction, value verification processes, and private sector engagement. Based on this, Peru Customs developed an action plan to strengthen value verification and deepen cooperation with the private sector. The World Customs Organization will continue to provide support to enhance transparency and predictability in cross-border trade.

02/05/2026 Customs Knowledge
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Azerbaijan Customs Launches AI Tool to Streamline Trade

Azerbaijan Customs Launches AI Tool to Streamline Trade

Azerbaijan Customs has independently developed the AI-HS tool, which significantly improves the efficiency and accuracy of customs operations. This is achieved through high-precision HS code prediction, multilingual support, ChatGPT integration, tariff rate calculation, and risk management integration. The tool contributes positively to trade facilitation and regulatory compliance. Its success is being emulated by other countries, with potential for global application. It leverages data-driven insights to streamline processes and enhance decision-making within customs procedures.

02/05/2026 HS Code Query
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