WCO Boosts Digital Tax Systems in Africa to Increase Revenue

WCO Boosts Digital Tax Systems in Africa to Increase Revenue

The WCO Secretary General shared practices and visions for enhancing tax collection efficiency through digital technologies at the African Tax Administration Forum. The WCO supports African countries in building efficient, transparent, and sustainable tax systems, ensuring economic development, through technological innovation such as big data and blockchain, as well as initiatives like standard setting and capacity building. This aims to improve tax administration and revenue mobilization across the continent.

02/12/2026 Customs Knowledge
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Global Trade to Hit Record High in 2024 Despite Tariffs

Global Trade to Hit Record High in 2024 Despite Tariffs

UNCTAD forecasts global trade to reach a new high of $33 trillion in 2024, driven primarily by services. Developed economies are leading the growth, while developing economies face pressure, with significant divergence across sectors. The report warns of potential tariff policy risks from the US, and recommends that countries diversify trade, strengthen innovation and cooperation to address challenges and seize opportunities. The aim is to promote sustainable global trade development.

02/12/2026 Logistics Industry Insights
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Study Warns of Efficiency Traps in Standardization Efforts

Study Warns of Efficiency Traps in Standardization Efforts

Process standardization enhances efficiency, but excessive standardization can hinder it and disrupt collaboration. Businesses should maintain flexibility and innovation, building complete workflows and strengthening departmental collaboration. Data-driven insights and user understanding are crucial for dynamically adjusting and optimizing processes. Entrepreneurs need to coordinate departmental relationships, ensure seamless information flow, and lead their teams to success. Balancing standardization with adaptability is key to achieving optimal efficiency and fostering a collaborative environment.

02/02/2026 Logistics Industry Insights
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US Rail Freight Declines in September Amid Economic Uncertainty

US Rail Freight Declines in September Amid Economic Uncertainty

According to the Association of American Railroads, U.S. rail freight and intermodal traffic declined year-over-year for the week ending September 20. Grain and metallic ores carloads saw gains, while coal, miscellaneous carloads, and nonmetallic minerals experienced declines. Year-to-date figures still indicate overall growth. Rail operators need to improve operational efficiency, expand diversified services, and strengthen technological innovation to address challenges and achieve sustainable development.

01/18/2026 Logistics
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Canton Fair Raises Standards to Boost Trade Competitiveness

Canton Fair Raises Standards to Boost Trade Competitiveness

The 138th Canton Fair is about to open. While the number of buyers is steadily increasing, the growth rate of export turnover is slowing down. Emerging markets are rising, and the structure of exhibits is shifting towards innovation-driven. By raising the threshold for exhibitors, this Canton Fair aims to purify the trading environment, improve efficiency, promote the transformation and upgrading of China's foreign trade, and achieve high-quality development.

02/03/2026 Logistics Industry Insights
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Midsize US Firms Cautiously Optimistic on Economic Recovery

Midsize US Firms Cautiously Optimistic on Economic Recovery

A CIT Group study reveals increased confidence among US mid-sized business executives regarding the business outlook, yet concerns persist about rising taxes, government regulations, healthcare compliance, and the current economic situation. Companies need to monitor policy changes, strengthen risk management, embrace innovation, and actively communicate to address challenges and achieve sustainable development. Focus on proactive strategies to navigate the evolving landscape and ensure long-term success amidst potential headwinds.

02/04/2026 Logistics Industry Insights
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Panama Canal Revises Tolls Amid Shipping Industry Challenges

Panama Canal Revises Tolls Amid Shipping Industry Challenges

The Panama Canal is adjusting its tolls in response to evolving trade patterns, impacting various vessel types. This move is likely to increase shipping costs, potentially prompting innovation within the shipping industry. The toll adjustments aim to ensure the canal's competitiveness and sustainability in the face of global economic shifts and evolving shipping demands. The changes could affect trade routes and supply chains worldwide, requiring shipping companies to adapt their strategies.

02/04/2026 Logistics
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US Manufacturing Growth Slows Amid Structural Economic Shifts

US Manufacturing Growth Slows Amid Structural Economic Shifts

The US Manufacturing PMI indicates continued growth in the manufacturing sector, albeit at a slower pace, with significant internal differentiation. Key indicators like new orders and production present a mixed picture, reflecting both weak demand and supply chain adjustments. Businesses face the risk of economic recession and need to strengthen innovation and optimize operations to meet these challenges. Government support is also crucial to promote sustainable industry development.

02/04/2026 Logistics Industry Insights
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Nextgen 2025 to Highlight Food and Beverage Supply Chain Innovations

Nextgen 2025 to Highlight Food and Beverage Supply Chain Innovations

The 2025 NextGen Supply Chain Conference focuses on the Food & Beverage industry, gathering leading companies like Dole and Diageo. The conference will explore key topics including regulatory evolution, SME scaling, last-mile delivery optimization, and innovation efficiency enhancement. It aims to build a more resilient, efficient, and environmentally friendly Food & Beverage supply chain, providing a learning and networking platform for attendees to collectively lead the future development of the industry.

02/03/2026 Logistics
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Dole Announces Supply Chain Expansion at Nextgen Conference

Dole Announces Supply Chain Expansion at Nextgen Conference

A Dole Foods executive will share their supply chain transformation experience at the 2025 Next-Gen Supply Chain Conference, focusing on how flexible manufacturing, lean logistics, and data-driven demand forecasting are being used to build a supply chain that drives business growth. Dole's practical experience offers valuable insights for mid-sized consumer goods companies. It provides a reference for how businesses can achieve rapid growth through supply chain innovation.

02/04/2026 Logistics
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