New Global Guidelines Clarify Customs Valuation of Franchise Fees

New Global Guidelines Clarify Customs Valuation of Franchise Fees

The World Customs Organization issued a new advisory opinion clarifying that franchise fees should not be included in the customs valuation of imported goods under specific circumstances. Originating from a Mexican case and confirmed by the Technical Committee on Customs Valuation, this opinion aims to reduce import costs for businesses and enhance customs valuation transparency. Companies should study the opinion, assess their franchise agreements, and communicate with customs authorities to ensure valuation compliance and capitalize on trade opportunities. This helps in correctly determining the dutiable value and avoiding potential penalties.

01/26/2026 Customs Knowledge
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Chongqing Hosts Global Railway Intermodal Summit on New Trends

Chongqing Hosts Global Railway Intermodal Summit on New Trends

Chongqing will host the International Rail Intermodal Summit in September 2026, focusing on the development of corridors such as the China-Europe Railway Express. The summit aims to promote exchange and cooperation, contributing to the Belt and Road Initiative. It will provide a platform for stakeholders to discuss challenges and opportunities in rail intermodal transport and explore innovative solutions for enhancing connectivity and efficiency along these vital trade routes. The event is expected to attract participants from various countries and industries.

01/26/2026 Logistics
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Denmark Celebrates New Year with Traditions and Culinary Delights

Denmark Celebrates New Year with Traditions and Culinary Delights

Danish New Year's Eve, "Nytårsaften," is a significant social and cultural holiday celebrated with candlelight, countdowns, fireworks, traditional cuisine, and street parties. People bid farewell to the old year and welcome a hopeful new year through cozy family dinners and lively street celebrations. It's a time for reflection and anticipation as Danes gather to mark the transition and embrace the possibilities that lie ahead. The festive atmosphere permeates the country, creating a memorable experience for all.

01/26/2026 Logistics Encyclopedia
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Google Ads Key Pitfalls to Avoid for New Accounts

Google Ads Key Pitfalls to Avoid for New Accounts

This article delves into four common pitfalls during the cold start phase of new Google Ads accounts: display network, smart bidding, broad match keywords, and the 2x budget rule. It provides corresponding solutions to help advertisers effectively control their budget and achieve precise targeting. Avoiding these traps enables advertisers to utilize their budget more efficiently, improve ad performance, and drive business growth. By understanding and addressing these issues, advertisers can optimize their campaigns and maximize their return on investment.

01/26/2026 Logistics Industry Insights
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Shipping Surcharges How to Avoid Hidden Logistics Costs

Shipping Surcharges How to Avoid Hidden Logistics Costs

This article provides a detailed interpretation of common surcharge abbreviations in the logistics field, including fuel surcharges, port and route surcharges, and special circumstances surcharges. It aims to help businesses understand the composition of these fees, optimize logistics plans, avoid unnecessary cost expenditures, and enhance overall competitiveness. Understanding these surcharges is crucial for effective cost management and strategic decision-making within the supply chain.

08/21/2025 Logistics Encyclopedia
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Export Logistics Key Strategies for Shipping and Compliance

Export Logistics Key Strategies for Shipping and Compliance

This article provides a detailed interpretation of key aspects in consolidation practice, including cut-off time, handling of short-shipped cargo, buying export documents, customs declaration documents, and the export of special commodities. It offers practical guidance for freight forwarders and foreign trade merchants, helping to improve consolidation efficiency and avoid potential risks. The guide focuses on streamlining processes and ensuring compliance within the consolidation shipping environment.

08/23/2025 Logistics Encyclopedia
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Freight Forwarding Guide Covers Fees Docs and Customs Hurdles

Freight Forwarding Guide Covers Fees Docs and Customs Hurdles

This article provides detailed analysis and practical advice on common issues in freight forwarding, such as Telex Release fees, MSDS, and customs clearance. It covers Telex Release fee collection strategies, MSDS preparation, customs clearance route selection, cargo damage handling, interpretation of trade terms, export certification requirements, and fumigation & qualification procedures. The aim is to help freight forwarders mitigate risks and improve efficiency in their operations.

08/22/2025 Logistics Encyclopedia
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Guide to Air Freight and Customs at Laos Sayaboury Airport

Guide to Air Freight and Customs at Laos Sayaboury Airport

This article provides a detailed interpretation of air freight data for Xayaboury Airport (ZBY) in Laos, including key information such as the airport code, geographic location, time zone, and airport type. It also introduces the West Coast Cargo Network's three-letter code query system and recommends practical tools. The aim is to assist air freight professionals in completing operations efficiently and accurately, reducing potential risks.

09/29/2025 Airport Codes
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Amazon FBA Label Guide Aims to Cut Warehouse Rejections

Amazon FBA Label Guide Aims to Cut Warehouse Rejections

This article provides a detailed interpretation of Amazon FBA label requirements, including FNSKU labels, FBA carton labels, and LTL pallet labels. It offers guidance on proper label usage and acquisition methods. Mastering these labeling rules can effectively prevent inbound issues and ensure smooth product sales on Amazon. Understanding these requirements is crucial for successful FBA operations and avoiding delays or rejection of your shipments.

11/03/2025 Logistics Encyclopedia
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Classification of HS Codes for Steel Screws

Classification of HS Codes for Steel Screws

This article provides a detailed interpretation of the HS code classification for steel screws in international trade, aiding businesses in product classification and customs clearance. It specifically discusses the tax classification of various types of screws under item 73.18, including wood screws, hook screws, and self-tapping screws. The importance and accuracy of classification are emphasized, enabling companies to better comply with customs regulations and minimize risks.

07/21/2025 HS Code Query
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