WCO Launches Global Program to Enhance Customs Efficiency

WCO Launches Global Program to Enhance Customs Efficiency

The World Customs Organization (WCO) has launched the second round of its Performance Measurement Mechanism (PMM), inviting members to participate in self-assessment. This initiative aims to help national customs administrations identify challenges, improve operations, and receive targeted capacity building assistance from the WCO. The PMM comprehensively evaluates customs performance in areas such as trade facilitation, revenue collection, and enforcement. Ultimately, the goal is to enhance the efficiency and effectiveness of customs worldwide, thereby fostering international trade development and contributing to a more secure and predictable global trading environment.

01/15/2026 Customs Knowledge
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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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Emirates NBD Egypt Simplifies SWIFT Code Transfers

Emirates NBD Egypt Simplifies SWIFT Code Transfers

This article provides a detailed overview of the SWIFT/BIC code EBILEGCXXXX for Emirates NBD Egypt, including branch-specific information for some locations. It also highlights important considerations for cross-border remittances, aiming to assist users in completing international money transfers safely and efficiently. The information helps users understand how to correctly use the SWIFT code for banking transactions with Emirates NBD Egypt and provides guidance for navigating the complexities of international money transfers to and from Egypt.

09/03/2025 International Settlement
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