WCO Enhances Bahamas Customs Tariff Classification Skills

WCO Enhances Bahamas Customs Tariff Classification Skills

The World Customs Organization (WCO) continuously supports the Bahamas Customs and Excise Department (BCED) in enhancing its customs classification capabilities through technical assistance agreements. The WCO organized several Harmonized System (HS) training workshops to improve the professional skills of Bahamian customs officers and develop internal training capacity. These efforts help the Bahamas to classify goods more accurately and promote international trade development.

01/05/2026 Customs Knowledge
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WCO Releases Guide to Improve Global Transit Efficiency

WCO Releases Guide to Improve Global Transit Efficiency

The World Customs Organization (WCO) has released the 'Compendium of Best Practices in the Field of Transit Transport' to support members and international organizations in improving transit efficiency and harmonizing the implementation of international agreements. The compendium covers key areas such as risk management, information technology, cooperation and coordination, and capacity building. It provides valuable experience for global trade facilitation.

02/02/2026 Customs Knowledge
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UK Nigeria Boost Trade Via Customs Partnership

UK Nigeria Boost Trade Via Customs Partnership

The UK's HM Revenue & Customs (HMRC) collaborated with the Nigeria Customs Service (NCS) to support the NCS in developing an AEO program compliant with WCO SAFE standards through AEO program benchmarking. This collaboration aims to strengthen trade partnerships between the two countries, enhance supply chain security and efficiency, and achieve trade facilitation, injecting new impetus into global trade development. The partnership leverages HMRC's experience to help NCS establish a robust and effective AEO program, ultimately fostering smoother and more secure international trade flows.

01/20/2026 Customs Knowledge
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Asiaeurope Freight Volumes Affected by Supply Chain Shifts

Asiaeurope Freight Volumes Affected by Supply Chain Shifts

Asia-Europe freight volume is influenced by various factors, including trade policies (tariffs, agreements, import/export regulations), economic environment (growth, exchange rates), logistics (costs, efficiency), industrial supply chains (relocation, integration), geopolitics (conflicts, diplomacy), and market demand (consumption, innovation). These elements collectively shape the Asia-Europe freight landscape. Understanding them is crucial for grasping the dynamics of international logistics and its responses to global changes.

11/03/2025 Logistics Encyclopedia
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USPS Implements Cost Cuts Digital Shifts for Sustainability

USPS Implements Cost Cuts Digital Shifts for Sustainability

The United States Postal Service (USPS) is implementing a plan to cut $20 billion in costs, aiming for profitability by 2015. This involves consolidating mail processing facilities, adjusting service standards, and optimizing staffing. The plan faces challenges including regulatory hurdles and labor agreements. To succeed, USPS needs to strengthen data analysis and implement data-driven decision-making processes to navigate these complexities and achieve its financial goals.

01/28/2026 Logistics
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ATOBA Unveils Aggregation Model to Scale Sustainable Aviation Fuel

ATOBA Unveils Aggregation Model to Scale Sustainable Aviation Fuel

ATOBA Energy aggregates airline SAF demand, securing long-term offtake agreements with producers. This optimizes pricing, reduces procurement risks, and supports the SAF industry's growth. The model addresses high SAF costs and supply instability, helping the aviation industry achieve sustainability goals. By pooling demand and negotiating favorable terms, ATOBA aims to make SAF more accessible and reliable, fostering a more sustainable future for air travel.

01/27/2026 Airlines
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