WCO Promotes Data Analytics for Smarter Customs and Trade Growth

WCO Promotes Data Analytics for Smarter Customs and Trade Growth

The World Customs Organization (WCO) holds data analysis workshops to promote its application in customs and enhance management effectiveness. Through data analysis, customs can achieve goals like risk management, trade compliance, trade facilitation, and revenue collection, ultimately realizing digital transformation and building smart customs. Facing challenges in data quality, security, talent, and technology, customs must actively embrace data analysis and serve national economic development. This includes leveraging data to improve efficiency and effectiveness in various customs operations.

01/07/2026 Customs Knowledge
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Aiot Boosts Safety Efficiency in Line Haul Logistics

Aiot Boosts Safety Efficiency in Line Haul Logistics

AIoT technology is revolutionizing line haul logistics, reshaping risk management through real-time risk alerts, intelligent safety monitoring, and efficient operational optimization. The Hikvision Line Haul Management Solution exemplifies this, integrating various functionalities to help logistics companies enhance safety, reduce costs, and improve efficiency. Embracing AIoT is crucial for future success in this industry. It enables proactive risk mitigation, optimized route planning, and enhanced visibility throughout the supply chain, leading to more resilient and cost-effective logistics operations.

01/16/2026 Logistics Industry Insights
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Schneider Electric Invests 46M in US Manufacturing Modernization

Schneider Electric Invests 46M in US Manufacturing Modernization

Schneider Electric is investing $46 million to upgrade two U.S. factories, aiming to boost production capacity and optimize energy efficiency in response to the rapid growth of the energy management sector. By implementing automation and connected technologies, Schneider Electric is committed to creating smart factories, strengthening its domestic supply chain, and leading the energy management industry towards a more intelligent, efficient, and sustainable future. This investment reflects their dedication to innovation and meeting the increasing demands of the market.

01/16/2026 Logistics Industry Insights
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Shipping Experts Warn of Rising Rates Tariffs Amid Peak Season

Shipping Experts Warn of Rising Rates Tariffs Amid Peak Season

Shipware experts delve into the current state of the parcel shipping market in the Logistics Management Podcast Series, covering rates, peak season, and tariff impacts. They advise businesses to enhance granular management, plan ahead for peak season, and closely monitor tariff policy changes to optimize logistics strategies and reduce transportation costs. This includes proactive planning and a deep understanding of current market dynamics to mitigate potential disruptions and maintain cost-effectiveness in their parcel shipping operations.

01/15/2026 Logistics Industry Insights
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Duluth Trading Boosts Profits with Inventory Optimization

Duluth Trading Boosts Profits with Inventory Optimization

Duluth Trading Co. achieved significant inventory reduction and improved profitability by cutting SKUs, optimizing inventory management processes, building an automated distribution center, and implementing data-driven inventory allocation. Their success demonstrates that establishing a robust inventory management system is crucial for companies seeking substantial performance improvements. The key initiatives included streamlining product offerings, leveraging automation in logistics, and using data analytics to make informed decisions about inventory levels and distribution, ultimately leading to greater efficiency and profitability.

01/15/2026 Warehousing
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Ecommerce Returns Spike As Supply Chain Strains Hit Retailers

Ecommerce Returns Spike As Supply Chain Strains Hit Retailers

The Reverse Logistics Association survey indicates a surge in e-commerce returns during peak season. Coupled with the ongoing supply chain crisis, retailers face increasing cost pressures. Strategies to mitigate these challenges include optimizing product information, simplifying return processes, strengthening return management, and leveraging data analytics. Fine-grained operation is crucial for retailers to break through the current situation and improve profitability. Effective reverse logistics management is becoming increasingly important for maintaining customer satisfaction and minimizing financial losses.

01/19/2026 Logistics
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Colombia Boosts Customs Efficiency with Wcos GTFP Initiative

Colombia Boosts Customs Efficiency with Wcos GTFP Initiative

WCO remotely assisted Colombian Customs in optimizing its strategic planning, enhancing operational efficiency and performance measurement. This involved introducing project-based management and emphasizing capacity building to ensure sustainability. The assistance aimed to improve the overall effectiveness of Colombian Customs and align its operations with international best practices. The support included guidance on developing key performance indicators (KPIs) and implementing effective project management methodologies. The initiative was part of the broader GTFP project, focusing on trade facilitation and security.

01/19/2026 Customs Knowledge
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Supply Chains Focus on Resilience Ahead of Peak Season

Supply Chains Focus on Resilience Ahead of Peak Season

The pandemic has presented new challenges for the carrier industry. This session focuses on carrier management in the "new normal." Logistyx Technologies President Ken Fleming will delve into key areas such as capacity management, carrier network construction, contract optimization, and KPI monitoring. The aim is to help businesses build an excellent carrier network, enhance supply chain resilience, and succeed during peak seasons. It will cover strategies to navigate disruptions and optimize carrier performance for improved efficiency and reliability.

01/19/2026 Logistics Industry Insights
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Beijing Airport Customs Clearance Guide for Export Returns

Beijing Airport Customs Clearance Guide for Export Returns

This article focuses on the issue of export returns, using Beijing Airport as an example. It elaborates on the operational procedures and precautions of export returns from ten aspects: analysis of return reasons, timeliness management, identification of trade methods, export tax rebate processing, subsequent cargo handling, document preparation, foreign exchange management regulations, special cargo declaration, terminal and warehousing selection, and customs broker selection. The aim is to help foreign trade companies efficiently and compliantly handle return matters and minimize losses.

02/21/2025 Customs Knowledge
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