WCO and WTO Boost Global Trade Facilitation Committees

WCO and WTO Boost Global Trade Facilitation Committees

The World Customs Organization (WCO), in collaboration with the World Trade Organization (WTO), held a high-level course for chairs of National Trade Facilitation Committees. The course aimed to enhance participants' understanding of the Trade Facilitation Agreement and strengthen their ability to engage with stakeholders. The WCO shared its experience in stakeholder consultation and resource mobilization, introducing relevant tools and standards to support countries in establishing and improving their National Trade Facilitation Committees. This collaborative effort contributes to building a more open and efficient global trading system.

01/26/2026 Customs Knowledge
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Uschina Shipping Costs and Delays Challenge Transpacific Trade

Uschina Shipping Costs and Delays Challenge Transpacific Trade

This article provides an in-depth analysis of the shipping time and freight calculation methods for US-China ocean freight. It details the key factors influencing transportation duration and offers a comprehensive breakdown of freight components. The aim is to assist cross-border e-commerce sellers and individuals with international shipping needs in optimizing their ocean freight solutions and reducing transportation costs. The analysis covers various aspects impacting delivery schedules and provides insights into cost-effective shipping strategies.

01/28/2026 Logistics Encyclopedia
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HSBC and Cargill Pilot Blockchain for Trade Finance

HSBC and Cargill Pilot Blockchain for Trade Finance

HSBC and Cargill's successful blockchain trade finance transaction signals the immense potential of blockchain technology in trade finance. This article analyzes the significance of this transaction, exploring how blockchain empowers trade finance and its future applications in areas like supply chain management. Despite the challenges, blockchain technology is poised to reshape the business landscape and drive economic development. The transaction highlights improved efficiency, transparency, and security in international trade through the use of distributed ledger technology. It represents a significant step towards wider adoption of blockchain in global commerce.

01/29/2026 Logistics Industry Insights
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Shipping Costs and Customs Challenges for Shenzhenmalaysia Trade

Shipping Costs and Customs Challenges for Shenzhenmalaysia Trade

This article provides a detailed analysis of the transit time, costs, and customs clearance considerations for sea freight from Shenzhen to Malaysia. It examines the advantages, disadvantages, and suitable scenarios for LCL (Less than Container Load), FCL (Full Container Load), and break bulk shipping. The article also outlines the factors influencing sea freight costs and provides a checklist of required documents for customs clearance. The aim is to offer comprehensive sea freight guidance for businesses and individuals shipping goods between Shenzhen and Malaysia, helping them navigate the complexities of international logistics.

01/30/2026 Logistics
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Bulk Liquid Logistics A Safe And Efficient Solution For Transporting Bulk Liquids

Bulk Liquid Logistics A Safe And Efficient Solution For Transporting Bulk Liquids

Liquid bag logistics offers safe and efficient bulk liquid transport solutions by placing liquids in high-quality containers. This system is widely applicable to wine, edible oils, and chemical products, with a maximum capacity of 24,000 liters. It minimizes contamination risks and ensures safe transit. A professional team provides full support to enhance supply chain efficiency.

11/30/-0001 Logistics
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Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Prepaid freight (PP) and collect freight (CC) are significant terms in the logistics industry. PP indicates that the shipper has paid the freight, while CC means payment is made upon receipt. Generally, collect freight is more expensive, and its payment method is closely linked to transaction terms. Understanding these concepts is essential for managing transportation costs effectively and gaining insights into international trade.

07/28/2025 Logistics Encyclopedia
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Ocean Freight and Customs Fees Avoiding Hidden Trade Costs

Ocean Freight and Customs Fees Avoiding Hidden Trade Costs

Although both shipping fees and customs fees are part of international logistics, they differ in nature, collection parties, and calculation methods. Shipping fees mainly pertain to maritime transport costs, while customs fees are related to customs declaration services. Understanding the composition of these fees helps avoid hidden costs and enhances the effectiveness of logistics cost management.

08/05/2025 Customs Knowledge
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HS Codes for Bamboo and Rattan Trade Key Guidelines

HS Codes for Bamboo and Rattan Trade Key Guidelines

This article provides a comprehensive analysis of the HS codes for bamboo and rattan products, covering bamboo, rattan, and other parts and materials from these plants. It aims to help exporters understand market demands and regulatory requirements, ensuring smooth customs clearance for their products.

08/06/2025 HS Code Query
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Luxury Watch Trade Decoding HS Codes and Global Markets

Luxury Watch Trade Decoding HS Codes and Global Markets

The article delves into the HS coding system for luxury watches, providing insights into the classification of precious metal electronic and mechanical watches, as well as the export tax rebate policies. It highlights the significance of understanding this information for both consumers and businesses.

08/05/2025 HS Code Query
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