Global Trade Guide Key Tax and Compliance Terms for Shipping

Global Trade Guide Key Tax and Compliance Terms for Shipping

This article delves into the application of VAT/EORI in European and American customs clearance for international express shipments. Regarding Europe, it elaborates on the rules and scenario-specific requirements of EORI and VAT, as well as the role of IOSS. For the United States, it highlights the importance of EIN/SSN and IOR, emphasizing the criticality of compliant declaration. This guide helps you master the regulations and navigate global shipping smoothly.

01/15/2026 Customs Knowledge
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Bahamas Customs Modernization Boosts WTO Bid Regional Trade

Bahamas Customs Modernization Boosts WTO Bid Regional Trade

The World Customs Organization (WCO) has launched a two-year customs capacity building program to support the Bahamas' accession to the World Trade Organization (WTO). Funded by the Inter-American Development Bank, the program covers three key areas: organizational development, human resources, and governance. It aims to enhance the efficiency, transparency, and compliance of Bahamas Customs, bringing it up to international standards and positioning it as a model for the Caribbean region.

01/07/2026 Customs Knowledge
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South Chinas Mingda Yunda Excels in Crossborder Ecommerce

South Chinas Mingda Yunda Excels in Crossborder Ecommerce

This paper analyzes the operational model, service capabilities, and reliability of Shenzhen Mingda Yunda International Logistics Co., Ltd. The company specializes in cross-border e-commerce logistics, providing full-chain, digitalized, and compliant solutions, particularly excelling in the European, American, and Southeast Asian markets. While its domestic sourcing capabilities need improvement, its timeliness, customs clearance proficiency, and customer reputation make it a reliable choice for cross-border e-commerce sellers in South China.

01/07/2026 Logistics
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US Faces Infrastructure Overhaul Challenges and Solutions

US Faces Infrastructure Overhaul Challenges and Solutions

The United States faces significant infrastructure challenges, with the Highway Trust Fund proving unsustainable. This analysis examines the current state of infrastructure and explores potential solutions, including a vehicle miles traveled (VMT) tax and a carbon tax. It emphasizes the need for collaborative efforts to advance infrastructure development, laying a foundation for the long-term growth of the American economy. The article argues for proactive measures to address the funding gap and modernize transportation systems.

01/19/2026 Logistics Industry Insights
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US Ports Question Harbor Maintenance Tax Spending

US Ports Question Harbor Maintenance Tax Spending

This article examines the efficiency of the Harbor Maintenance Tax (HMT) funding utilization in the United States, particularly around President's Day. The Water Resources Reform and Development Act (WRRDA) of 2014 aimed to increase HMT-funded projects, but improvements are still needed in fund allocation and usage efficiency. The article calls for a re-evaluation of the WRRDA Act's implementation to ensure funds are effectively used to improve port facilities and promote the American economy.

01/19/2026 Port Encyclopedia
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US Ports Face Staffing Crunch As Trade Volumes Rise

US Ports Face Staffing Crunch As Trade Volumes Rise

The American Association of Port Authorities calls for increased customs staffing to address the contradiction between growing trade and personnel shortages. Existing recruitment challenges and resource misallocation exacerbate port operational pressures. It is recommended to increase the budget, optimize allocation, simplify recruitment processes, and consider hiring veterans to ensure trade security and efficiency. The current situation strains port operations, highlighting the urgent need for improved staffing levels to maintain smooth trade flows.

01/21/2026 Logistics Industry Insights
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US Trucking Freight Volume Rises Hinting at Economic Rebound

US Trucking Freight Volume Rises Hinting at Economic Rebound

According to data from the American Trucking Associations (ATA), freight volume surged 5.5% year-over-year and 0.5% month-over-month in February, marking the largest monthly increase since July 1998. The recovery in manufacturing, retail, and real estate sectors fueled this growth. However, rising fuel prices and tight capacity remain potential challenges. Analysts believe that freight volume growth will outpace capacity growth slightly, highlighting the urgent need for reinvestment in the industry.

01/28/2026 Logistics
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New HOS Rules Threaten Trucking Industry Productivity

New HOS Rules Threaten Trucking Industry Productivity

The American Trucking Associations (ATA) has again called for a suspension of the proposed HOS (Hours of Service) rule, arguing it will reduce industry productivity, increase costs, and exacerbate the driver shortage. The new rule, including shorter driving times, mandatory rest breaks, and restrictions on the 34-hour restart, has raised industry concerns about reduced capacity and supply chain disruptions. The ultimate direction of the rule will have a significant impact on the U.S. economy.

01/28/2026 Logistics
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US Trucking Industry Struggles with Rising Driver Shortage Turnover

US Trucking Industry Struggles with Rising Driver Shortage Turnover

The American Trucking Associations reported that driver turnover rates at large truckload fleets have surged to their highest level since 2008. This is driven by multiple factors including economic recovery, stricter regulations, industry aging, and lifestyle challenges. Industry experts offer varying interpretations of the causes. To address the crisis, it's crucial to improve compensation and benefits, enhance the work environment, strengthen talent development, and promote a positive industry image, ultimately fostering industry transformation.

01/28/2026 Logistics Industry Insights
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Biden Allocates 28B to Boost US EV Battery Production

Biden Allocates 28B to Boost US EV Battery Production

The Biden administration announced $2.8 billion in grants to expand U.S. electric vehicle battery production and reduce reliance on China. The funding will support 20 companies in building or expanding battery and component manufacturing facilities, covering the entire supply chain from raw materials to recycling. Simultaneously, the "American Battery Materials Initiative" was launched to secure the supply of critical minerals. This initiative aims to reshape the U.S. electric vehicle supply chain and enhance domestic competitiveness.

01/28/2026 Logistics Industry Insights
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