Ivory Coast Improves Customs Classification with Eubacked Initiative

Ivory Coast Improves Customs Classification with Eubacked Initiative

Within the framework of the EU-funded PACIR project, the WCO held a national workshop in Côte d'Ivoire to enhance customs officers' capabilities in tariff classification. The workshop covered HS system explanations, tool support, and training module development. It aimed to improve the accuracy and efficiency of customs classification in Côte d'Ivoire, promote trade facilitation, and recommended the prompt implementation of the HS 2012 amendments. The initiative seeks to streamline customs procedures and contribute to the country's economic growth by ensuring accurate and consistent tariff application.

12/30/2025 Customs Knowledge
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Cambodia Boosts Customs Valuation Skills with WCO Japan Aid

Cambodia Boosts Customs Valuation Skills with WCO Japan Aid

The World Customs Organization (WCO) supported a customs valuation workshop in Cambodia to enhance the valuation capabilities of officers from the General Department of Customs and Excise of Cambodia (GDCE). The workshop covered the WTO Valuation Agreement, key technical issues, and valuation control measures, sharing case studies and experiences. Through this workshop, Cambodian Customs is expected to improve revenue collection, promote trade facilitation, and inject new vitality into the national economic development. The focus was on practical application and knowledge transfer to improve valuation accuracy and efficiency.

01/05/2026 Customs Knowledge
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USMCA Review Sparks Uncertainty for US Electrical Manufacturing

USMCA Review Sparks Uncertainty for US Electrical Manufacturing

The National Electrical Manufacturers Association (NEMA) urges stronger USMCA enforcement to address growing electricity demand and competitive challenges from China. NEMA emphasizes the importance of USMCA for the U.S. electrical manufacturing industry and recommends accelerating the review process, eliminating trade barriers, and combating transshipment practices. These measures are crucial to ensure the competitiveness of U.S. companies in the global market. NEMA believes these actions will help maintain a level playing field and support the continued growth and innovation of the U.S. electrical manufacturing sector.

01/07/2026 Logistics Industry Insights
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New Code CBCYCY2NFBU Streamlines International Fund Transfers

New Code CBCYCY2NFBU Streamlines International Fund Transfers

This article details the SWIFT/BIC code CBCYCY2NFBU of the Central Bank of Cyprus and its significance in international remittances. It thoroughly analyzes the structure of the SWIFT code and provides a step-by-step guide for locating it, along with specific procedures that need to be followed during the remittance process. This information aids readers in conducting cross-border fund transfers more effectively.

09/05/2025 International Settlement
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BHD Len SWIFT Codes Ease Dominican Republic Transfers

BHD Len SWIFT Codes Ease Dominican Republic Transfers

This article provides a detailed analysis of the SWIFT code for Multiple Bank BHD S.A. in the Dominican Republic. It emphasizes the importance of using the correct SWIFT code and offers practical methods for finding and verifying it. The article also outlines the information required to receive international remittances, aiming to help readers avoid remittance errors and ensure the safe and efficient arrival of cross-border funds.

09/03/2025 International Settlement
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Tunisian Banks Adopt SWIFT Codes for Faster Global Transfers

Tunisian Banks Adopt SWIFT Codes for Faster Global Transfers

This article provides a comprehensive analysis of the Tunisian Foreign Bank's SWIFT/BIC code, UTUBTNTTXXX. It details its usage scenarios, important considerations, and how to ensure the accuracy and efficiency of international money transfers. By understanding this information, you can easily manage international remittances and avoid unnecessary delays and errors. The article focuses on practical aspects of using the SWIFT code for transactions involving Tunisian Foreign Bank.

09/03/2025 International Settlement
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Banco Credicoop Simplifies SWIFT Codes for Global Transfers

Banco Credicoop Simplifies SWIFT Codes for Global Transfers

This article provides a detailed explanation of how to use the SWIFT/BIC code for Banco Credicoop in Argentina. It emphasizes the importance of BCOOARBAXXX as the primary code and reminds users to confirm the code with the recipient or bank before initiating an international money transfer to ensure a smooth transaction. The article also offers an overview of Banco Credicoop's banking information for easy reference.

09/02/2025 International Settlement
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US Truck Tariffs Boost Domestic Industry Amid Cost Concerns

US Truck Tariffs Boost Domestic Industry Amid Cost Concerns

The US policy imposing a 25% tariff on imported heavy-duty trucks has officially taken effect, aiming to protect domestic manufacturing and bolster national security. However, this move could lead to increased truck prices, supply chain disruptions, and heightened uncertainty for freight carriers. Experts analyze that the policy's impact will vary across different businesses, potentially accelerating manufacturing reshoring but also posing challenges related to labor and infrastructure.

01/20/2026 Logistics Industry Insights
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Biden Urged to Prevent Freight Rail Shutdown Over Labor Dispute

Biden Urged to Prevent Freight Rail Shutdown Over Labor Dispute

The US freight rail system is facing a potential shutdown due to a labor dispute over issues like paid sick leave. Hundreds of industry associations are urging the Biden administration to intervene and avert a rail stoppage, which could significantly impact the economy. This article analyzes the potential consequences of a rail shutdown and explores possible solutions, emphasizing the importance of cooperation among all parties to maintain the stable operation of the rail system. The crisis highlights the critical role of rail in the national supply chain and the need for a swift resolution.

01/16/2026 Logistics Industry Insights
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Notice of Peak Season Surcharge for Cargo Transport from the Indian Subcontinent and the Middle East to the East Coast and Gulf of the USA

Notice of Peak Season Surcharge for Cargo Transport from the Indian Subcontinent and the Middle East to the East Coast and Gulf of the USA

This article outlines that starting from July 18, 2025, a peak season surcharge will be implemented for shipments from the Indian subcontinent and the Middle East to the US East Coast and Gulf ports. This measure aims to address market fluctuations and rising costs, ensuring the quality and stability of transportation services to meet customers' demands for reliable logistics solutions.

07/17/2025 Logistics
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