WCO Backs Ghana Customs Modernization for 21st Century Trade

WCO Backs Ghana Customs Modernization for 21st Century Trade

The World Customs Organization (WCO), through the WACAM project, provided strategic planning support to the Ghana Revenue Authority (GRA). This aimed to evaluate and optimize its 2015-2017 Customs Strategic Plan, enhance monitoring and evaluation, and improve project management capabilities. The initiative assists Ghana Customs in building a modern management system fit for the 21st century, ultimately contributing to Ghana's economic development.

01/07/2026 Customs Knowledge
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Ryder Expands West Coast Presence with Major Acquisition

Ryder Expands West Coast Presence with Major Acquisition

Ryder's acquisition of Scully is projected to generate an additional $100 million in annual revenue. This strategic move strengthens Ryder's presence in the Western region, expanding its customer base and bolstering its fleet management capabilities. Analysts view the acquisition favorably, anticipating it will solidify Ryder's market position and drive future growth. The deal is expected to be immediately accretive and provide significant synergies.

01/01/2026 Logistics
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Bahrain Boosts Customs Efficiency with WCO Audit Clearance Systems

Bahrain Boosts Customs Efficiency with WCO Audit Clearance Systems

The WCO assisted Bahrain in enhancing its Post-Clearance Audit (PCA) and Pre-Arrival Processing (PAP) capabilities to align with the WTO Trade Facilitation Agreement. Bahrain committed to applying the acquired knowledge and skills. The WCO will continue to support Bahrain's customs modernization efforts. This assistance aims to improve efficiency and effectiveness in customs procedures, ultimately facilitating trade and economic growth for Bahrain.

01/22/2026 Customs Knowledge
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Fedex Acquires Polands Opek to Boost Eastern Europe Presence

Fedex Acquires Polands Opek to Boost Eastern Europe Presence

FedEx acquired Polish express delivery company Opek to enhance its service capabilities in Poland and Eastern Europe. This acquisition will allow FedEx to leverage Opek's well-established domestic network, improve service levels, and expand its European footprint, thereby achieving profitable growth. This acquisition is a significant step in FedEx's strategic layout in the European market, indicating its continued growth and innovation globally.

01/28/2026 Logistics
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Datadriven Lean Management Boosts Supply Chain Resilience

Datadriven Lean Management Boosts Supply Chain Resilience

IHS Markit research indicates that supply chain leaders prioritize spend analysis, category management, and risk management. Many organizations face challenges related to data and technology resource shortages. Companies need to strengthen data-driven lean management and build resilient supply chains by investing in data analytics tools, developing talent, and shifting mindsets. This will improve efficiency, reduce costs, and enhance risk response capabilities.

01/29/2026 Logistics Industry Insights
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WCO and JICA Boost Customs Risk Management in Central Asia Caucasus

WCO and JICA Boost Customs Risk Management in Central Asia Caucasus

The WCO and JICA are conducting a Customs Risk Management Master Trainer Program (MTP) in the Central Asia and Caucasus region to enhance regional self-training capabilities. The second phase of the activity was held in Kazakhstan, focusing on lecturing skills and experience sharing. This initiative aims to strengthen customs risk management practices and promote sustainable training expertise within the region.

01/26/2026 Customs Knowledge
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Small Suppliers Drive Innovation in Procurement Sector

Small Suppliers Drive Innovation in Procurement Sector

This paper explores the increasing importance of niche suppliers in procurement. Compared to large suppliers, niche suppliers offer distinct advantages in communication agility, product personalization, responsiveness, and innovation. Procurement departments should balance economies of scale with customized solutions based on specific needs, developing appropriate procurement strategies. Actively seeking out and leveraging excellent niche suppliers can enhance a company's competitiveness and innovation capabilities.

01/27/2026 Logistics Industry Insights
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Big Data Firm Boosts Crossborder Ecommerce Growth

Big Data Firm Boosts Crossborder Ecommerce Growth

Shanghai Zhanting Information Technology Co., Ltd. empowers the cross-border e-commerce industry with its core product, the "Digital Chief" SaaS system. Leveraging powerful data processing capabilities, it helps over 80,000 merchants worldwide manage massive product portfolios and support substantial sales volumes. Its users include well-known enterprises such as Globalegrow and ZTE Corporation, making it a veritable big data application company.

01/27/2026 Logistics Industry Insights
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Greenpoint Invests in Outpost to Expand Truck Freight Network

Greenpoint Invests in Outpost to Expand Truck Freight Network

Outpost secures $500 million in funding, bringing its total to $1 billion, to accelerate the expansion of its truck freight terminal network. This investment aims to improve efficiency and reduce costs within the freight industry. The company plans to further expand its services and deepen its technological capabilities in the future, leveraging the increased network and resources to optimize logistics operations.

01/30/2026 Logistics
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Barbados Customs Adopts Tech to Curb Smuggling Boost Risk Control

Barbados Customs Adopts Tech to Curb Smuggling Boost Risk Control

Barbados Customs has achieved intelligent transformation of customs supervision by deploying an automated risk management system. This system possesses four core capabilities: data integration and analysis, risk assessment and early warning, targeted inspection intervention, and performance evaluation optimization. Integrated with the ASYCUDA system, it significantly improves the overall efficiency of customs. Barbados' practical experience provides valuable lessons for other countries.

02/02/2026 Customs Knowledge
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