Prologis Reports Shift in Logistics Real Estate Demand

Prologis Reports Shift in Logistics Real Estate Demand

The Prologis IBI index indicates a turning point in logistics real estate demand, with increases in net absorption, new leases, and project pipeline. The report reveals that companies are actively responding to trade uncertainties and increasing supply chain investments. Improved utilization and market conditions are key drivers of demand growth. Vacancy rates are expected to remain stable in the short term. However, in the long term, a tightening construction pipeline could lead to market tightening again, potentially accelerating rental growth.

DOJ Expands Whistleblower Program to Tackle Customs Fraud

DOJ Expands Whistleblower Program to Tackle Customs Fraud

The U.S. Department of Justice has expanded its pilot program for corporate whistleblower rewards to include customs fraud and tax evasion. Rewards can reach up to 30% of the forfeited amount. This aims to combat tax evasion tactics like misrepresenting the origin or misclassifying goods, maintaining a fair trade environment. Insiders and competitors with relevant information are encouraged to report, but should be aware of the risks and seek professional assistance. Companies should strengthen compliance operations to avoid legal pitfalls.

Pacific Islands Boost Customs Skills Via WCO Training

Pacific Islands Boost Customs Skills Via WCO Training

The World Customs Organization (WCO) launched the Harmonized System (HS) Classification Master Trainer Program for Pacific Island Countries, aiming to enhance their HS coding capabilities by developing a pool of regional experts. The inaugural working group event brought together experts from various countries to share experiences and discuss development strategies, laying the foundation for trade facilitation in the Pacific Island region. This initiative is crucial for improving customs efficiency and ensuring accurate tariff application, ultimately contributing to economic growth and regional integration.

US Rail Freight Carloads Rise Intermodal Declines

US Rail Freight Carloads Rise Intermodal Declines

Recent data reveals a complex picture for the US rail freight market: carload volume saw a slight increase, but intermodal volume declined, reflecting challenges in economic recovery. While cumulative year-to-date figures show growth, concerns remain regarding supply chains and labor shortages. Railroad companies should focus on improving efficiency, strengthening collaboration, and embracing digital transformation to address future challenges. The decrease in intermodal volume suggests a potential shift in freight transport patterns or underlying economic pressures impacting consumer demand and international trade.

01/19/2026 Logistics
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Asiapacific Nations Unite on Ecommerce Rules During Pandemic

Asiapacific Nations Unite on Ecommerce Rules During Pandemic

The World Customs Organization (WCO) held an online workshop for Asia-Pacific members, focusing on the effective implementation of the E-Commerce Framework of Standards (E-Commerce FoS) to address challenges arising from the pandemic-accelerated growth of e-commerce. The meeting covered topics such as advance electronic data, data exchange, tax collection, cooperation & coordination, and technology applications. The aim was to promote trade facilitation, ensure effective customs control and revenue collection, and foster the healthy development of cross-border e-commerce.

Oakland Port Prepares for Panama Canal Expansion Impact

Oakland Port Prepares for Panama Canal Expansion Impact

The Panama Canal expansion presents opportunities for West Coast ports, particularly the Port of Oakland, which could become a key gateway for US exports to Latin America. Ports need to upgrade infrastructure, improve operational efficiency, expand markets, and develop green port initiatives. With its strategic location, facilities, and intermodal advantages, the Port of Oakland is poised to play a larger role in the new trade landscape. Embracing change and proactively addressing challenges are crucial for West Coast ports to capitalize on these opportunities.

01/27/2026 Logistics
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WCO Releases Crisis Guidelines for Global Customs Coordination

WCO Releases Crisis Guidelines for Global Customs Coordination

The World Customs Organization (WCO) has released the 'Communication Guidelines During Crisis' to assist member customs administrations in addressing communication challenges posed by the COVID-19 pandemic. The guidelines emphasize the importance of defining clear communication objectives, selecting appropriate channels, developing clear strategies, building efficient teams, and strengthening internal communication. It encourages members to share practical experiences to jointly address the global crisis and maintain trade order. The guide provides a framework for effective communication during times of uncertainty and disruption.

Pacific Islands Enhance Customs Skills Via WCO Training Program

Pacific Islands Enhance Customs Skills Via WCO Training Program

The World Customs Organization (WCO) launched a Harmonized System (HS) expert development program for Pacific Island Countries, aiming to enhance customs capacity in the region by building a regional pool of experts. The first working group activity was held in October 2021, with the participation of customs administrations from six countries, including Fiji and Papua New Guinea. This initiative, a collaboration between the WCO and the Japan International Cooperation Agency (JICA), seeks to promote trade development and economic cooperation among Pacific Island Countries.

Global Customs Adopt Luxor Resolution for Ecommerce Compliance

Global Customs Adopt Luxor Resolution for Ecommerce Compliance

The World Customs Organization (WCO) adopted the Luxor Resolution, providing a guiding framework for cross-border e-commerce regulation. It encompasses eight key principles, including advance data, facilitation, security, and taxation. The WCO also reaffirmed its leading role in cross-border e-commerce management to the WTO, pledging support for the WTO's Work Programme on Electronic Commerce. The Luxor Resolution aims to promote trade facilitation, address security challenges, and foster the healthy and sustainable development of cross-border e-commerce.

Infor Acquires GT Nexus for 675M to Boost Supply Chain Tech

Infor Acquires GT Nexus for 675M to Boost Supply Chain Tech

Infor acquired GT Nexus for $675 million to create an end-to-end global business cloud, enhancing supply chain visibility and control. By integrating GT Nexus's cloud platform with Infor's ERP strengths, the acquisition aims to connect all aspects of the supply chain, providing businesses with more efficient, transparent, and sustainable global trade solutions. This strategic move positions Infor to offer a comprehensive suite of services, enabling companies to optimize their supply chain operations and gain a competitive edge in the global market.

01/26/2026 Logistics
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