WCO Aids Liberia in Boosting Customs Revenue

WCO Aids Liberia in Boosting Customs Revenue

At the request of the Liberia Revenue Authority, the World Customs Organization sent an expert mission to Liberia to strengthen its customs valuation and classification infrastructure. Through assessments, workshops, and recommendations, the mission assisted Liberia in implementing relevant World Trade Organization agreements and developing a strategy to terminate private sector inspection contracts. The goal was to enhance revenue collection, promote trade facilitation, and foster economic development within the country. The mission's work focused on building sustainable capacity and ensuring compliance with international standards.

01/07/2026 Customs Knowledge
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Key Strategies for Optimizing Heavy Cargo Air Freight

Key Strategies for Optimizing Heavy Cargo Air Freight

Priority for loading heavy cargo in international air freight is determined by pallet position load capacity, aircraft characteristics, and cargo density, not solely by weight. Understanding weight distribution principles helps shippers avoid delays and improve loading rights during peak season. The core standard is cargo density, supplemented by destination concentration and aircraft compatibility. Balancing safety and efficiency requires adhering to principles of even weight distribution, centered gravity, and aircraft suitability. Optimizing cargo information, selecting standard packaging, and signing priority agreements can enhance loading priority.

11/03/2025 Logistics Encyclopedia
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Guide to Avoiding Unfair Terms in Crossborder Logistics Contracts

Guide to Avoiding Unfair Terms in Crossborder Logistics Contracts

Cross-border logistics contracts often conceal risks, with hidden clauses potentially leading to cost overruns and unfair terms infringing on corporate rights. This article reveals common pitfalls, emphasizing the importance of contract review and legal awareness. It aims to help businesses proactively avoid risks and ensure supply chain security. By understanding potential issues and implementing preventative measures, companies can safeguard their interests and navigate the complexities of international shipping agreements more effectively. Due diligence and a strong legal foundation are crucial for successful cross-border logistics operations.

11/03/2025 Logistics Industry Insights
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Thailand Pushes for Remanufacturing in Trade Pacts to Aid Circular Economy

Thailand Pushes for Remanufacturing in Trade Pacts to Aid Circular Economy

This study explores the necessity of including remanufactured goods provisions in Thailand's regional trade agreements. By analyzing Thailand's circular economy policies, comparing relevant clauses in various RTAs, and incorporating case studies, it assesses the environmental, economic, and social impacts of incorporating remanufacturing provisions for Thailand. The aim is to provide decision-making references for the Thai government and promote circular economy development. The research considers the potential benefits and challenges of such inclusion, ultimately contributing to a more sustainable and resource-efficient economy in Thailand.

01/05/2026 Customs Knowledge
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Crossborder Ecommerce Faces New Customs Valuation Challenges

Crossborder Ecommerce Faces New Customs Valuation Challenges

The World Customs Organization released Advisory Opinion 4.19, clarifying how to handle royalties that include both patent rights for imported raw materials and trademark rights for the final product in customs valuation. This opinion aims to enhance valuation certainty, reduce trade friction, and assist businesses in tax planning. It offers valuable guidance for cross-border e-commerce and import-export enterprises, particularly regarding the treatment of royalties in determining customs value. The advisory opinion provides a framework for consistently applying valuation principles to complex licensing agreements.

01/05/2026 Customs Knowledge
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Key Shipping Terms Like Laycan Help Mitigate Industry Risks

Key Shipping Terms Like Laycan Help Mitigate Industry Risks

LAY/CAN is a crucial clause in a charter party, defining the period within which a vessel must arrive at the loading port. Understanding its meaning and function helps charterers protect their rights and shipowners fulfill their obligations, thereby regulating the shipping market and mitigating potential risks. This article provides an in-depth analysis of LAY/CAN and compares it with Shipment Date and Late Come, aiming to enhance your knowledge of shipping practices. It is essential for navigating the complexities of charter agreements and minimizing disputes related to vessel arrival and cargo loading timelines.

09/26/2025 Logistics Encyclopedia
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UK VAT Registration Expert Tips for Compliance and Growth

UK VAT Registration Expert Tips for Compliance and Growth

This article reveals the current difficulties in UK VAT registration and analyzes the stringent requirements of the UK tax authorities regarding application materials. It emphasizes the importance of providing genuine and valid UK company lease agreements and utility bills. Solutions are proposed to help sellers achieve compliance and expand their business in the UK market. Ensuring accurate documentation and understanding the specific requirements are crucial for successful VAT registration and avoiding potential penalties. This guide aims to assist cross-border e-commerce businesses in navigating the complexities of UK VAT compliance.

01/06/2026 Customs Knowledge
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Trade Tensions Weaken Global Air Cargo Demand Amid Tariffs

Trade Tensions Weaken Global Air Cargo Demand Amid Tariffs

The Trump administration's tariff policies have increased uncertainty in the air freight market, with freight forwarders postponing negotiations and shippers favoring short-term agreements. Airlines may adjust routes, shifting capacity from China to Southeast Asia or the transatlantic market. Slowing e-commerce demand and regulatory changes are also impacting the market, with Shanghai-US air freight prices dropping significantly. Companies need to diversify their supply chains and optimize inventory management to mitigate trade risks. This includes exploring alternative sourcing locations and improving demand forecasting to reduce reliance on specific trade lanes.

01/08/2026 Logistics Industry Insights
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