Flexport Hires Philip Levy As Chief Economist to Boost Trade Analysis

Flexport Hires Philip Levy As Chief Economist to Boost Trade Analysis

Dr. Philip Levy is the Chief Economist at Flexport, renowned for his deep economic background and keen insights into global trade. He combines academic research with practical experience, leveraging Flexport's unique freight data to provide valuable information on global trade trends to the market. Dr. Levy actively participates in public policy discussions, significantly impacting global trade and economic development. His work offers a data-driven perspective on the complexities of international commerce, making him a respected voice in the field.

11/03/2025 Logistics Industry Insights
Read More
Shipping Rates Jump As Trade War Sparks Route Shifts

Shipping Rates Jump As Trade War Sparks Route Shifts

The international shipping market is affected by the trade war, leading to a short-term increase in freight rates. Shipping companies are adjusting routes to mitigate risks. Businesses need to closely monitor policies, diversify procurement sources, optimize supply chains, and strengthen risk management to adapt to market changes. The trade war introduces volatility and uncertainty, requiring proactive strategies for businesses involved in international trade and shipping to navigate the evolving landscape and minimize potential negative impacts on their operations and profitability.

11/03/2025 Logistics Industry Insights
Read More
Mexico Israel Agree on Trade Pact to Streamline Customs

Mexico Israel Agree on Trade Pact to Streamline Customs

Mexico and Israel signed a joint action plan to promote mutual recognition of their Authorized Economic Operator (AEO) programs and enhance trade facilitation. This initiative will expedite customs clearance, reduce costs, and bring tangible benefits to businesses in both countries. It also sets a precedent for improving global trade security and efficiency. The agreement underscores the commitment of both nations to fostering a secure and efficient international trade environment through cooperation and the implementation of best practices in supply chain management.

01/05/2026 Customs Knowledge
Read More
WCO Enhances Kyrgyzstans Customs with Preruling System

WCO Enhances Kyrgyzstans Customs with Preruling System

The World Customs Organization (WCO) supports the Kyrgyz Republic Customs in developing an advance ruling system to enhance customs valuation efficiency and trade facilitation. Through workshops and capacity building, the WCO assists Kyrgyz Customs in building an efficient, transparent, and reliable advance ruling system. This aims to reduce trade risks for businesses, optimize supply chain management, and improve customs control effectiveness, ultimately promoting global trade facilitation. The system is expected to provide clarity and predictability, leading to smoother customs procedures and reduced delays.

01/05/2026 Customs Knowledge
Read More
Armenia Modernizes Customs with WCO Support to Boost Trade

Armenia Modernizes Customs with WCO Support to Boost Trade

The World Customs Organization (WCO) is assisting Armenia in developing a Mercator Implementation Plan. This plan aims to comprehensively improve customs clearance efficiency and trade facilitation in Armenia by optimizing key areas such as advance rulings, risk management, and the single window system. The initiative is expected to inject new vitality into Armenia's economic development by streamlining trade processes and reducing associated costs. The focus is on modernizing customs procedures to align with international best practices and facilitate smoother cross-border trade.

01/05/2026 Customs Knowledge
Read More
US Antidumping Duties Key Guide for Exporters

US Antidumping Duties Key Guide for Exporters

This article provides an in-depth interpretation of the US Anti-Dumping and Countervailing Duty (AD/CVD) mechanism. It analyzes the latest AD/CVD case announcements from the International Trade Administration (ITA) and, through case studies, offers strategies for companies to respond to AD/CVD investigations. The aim is to help businesses effectively avoid risks and protect their rights in international trade disputes. The analysis focuses on practical approaches to navigate the complexities of US trade law and ensure compliance.

12/31/2025 Customs Knowledge
Read More
WCO Council Supports Global Customs Cooperation Amid Challenges

WCO Council Supports Global Customs Cooperation Amid Challenges

The World Customs Organization (WCO) Council convened, highlighting the crucial role of customs in the context of the global pandemic. Several resolutions were adopted, including approving the financial budget and revising the Harmonized System. These aim to strengthen global customs cooperation, leverage technological innovation, and promote trade facilitation and sustainable development to address global trade challenges and ensure secure and smooth supply chains. The meeting emphasized the importance of international collaboration in navigating the complexities of the current global trade environment.

01/27/2026 Customs Knowledge
Read More
Wcos SAFE Framework Enhances Global Supply Chain Security

Wcos SAFE Framework Enhances Global Supply Chain Security

The World Customs Organization (WCO) SAFE Conference reviewed the implementation of the SAFE Framework and planned for future development. The conference focused on data strategies, green customs, capacity building, and border coordination. The aim is to build a secure and efficient global trade system. Discussions centered on enhancing supply chain security, promoting trade facilitation, and leveraging data to improve customs operations. The conference emphasized the importance of international collaboration and innovation in addressing emerging challenges and opportunities in global trade.

02/02/2026 Customs Knowledge
Read More
WCO and UN Push for Global Trade Data Standardization

WCO and UN Push for Global Trade Data Standardization

The World Customs Organization (WCO) recommends that its member customs administrations transmit trade data based on the Harmonized System (HS) to the United Nations Statistics Division (UNSD). This aims to promote the standardization and interoperability of global trade data. This initiative is significant for improving data quality, strengthening international cooperation, promoting trade facilitation, and fostering sustainable development. Ultimately, it contributes to building a new landscape for global trade data sharing.

11/03/2025 Customs Knowledge
Read More
Ethiopia Modernizes Customs Tariffs to Meet Global Norms

Ethiopia Modernizes Customs Tariffs to Meet Global Norms

Ethiopia is accelerating the modernization of its tariff classification system to align with international standards, aiming to facilitate trade and promote economic growth. With support from the EU-WCO Africa HS Project, the Ethiopian Customs Commission is working to streamline processes, improve efficiency, and strengthen capacity building to adapt to the evolving global trade environment. This initiative seeks to simplify customs procedures, reduce trade barriers, and enhance Ethiopia's competitiveness in the international market.

01/05/2026 Customs Knowledge
Read More