Global Trade Grows As Kyoto Convention Membership Exceeds 113

Global Trade Grows As Kyoto Convention Membership Exceeds 113

With the accession of the Republic of the Congo, the Revised Kyoto Convention (RKC) now has 113 contracting parties. This convention serves as a blueprint for 21st-century customs modernization, aiming to enhance trade efficiency and reduce costs by simplifying customs procedures, optimizing the use of information technology, and effectively implementing risk management. The RKC helps businesses thrive in the global market. The WCO encourages more members to join and implement the RKC, fostering a brighter future for global trade facilitation.

GXO CEO Explores Postpandemic Logistics Growth Opportunities

GXO CEO Explores Postpandemic Logistics Growth Opportunities

An interview with Malcolm Wilson, CEO of XPO Logistics Europe, discussing the launch of GXO Logistics, market prospects, COVID-19 response, risk management, and competition. Wilson expresses optimism about GXO's future, emphasizing the importance of automation and globalization. He highlights how GXO is positioned to capitalize on the growing demand for outsourced logistics solutions and navigate the evolving challenges of the global supply chain. The interview provides insights into GXO's strategic direction and its commitment to innovation and customer service.

Gold Prices Fall As Institutions Turn Bearish

Gold Prices Fall As Institutions Turn Bearish

The gold market is currently under pressure from institutional selling, with an opportunity score dropping to -6, indicating bearish characteristics. Technical indicators show the price below VWAP, and a bearish flag pattern suggests a potential downside risk. It is recommended to sell on rallies, focusing on the 4430 support level, and to be cautious about rebounds. Neutral signals from high trading volume suggest a balanced market force, requiring close attention to future trends. The market is showing bearish signals overall.

Maritime Guide Protecting Cargo Under General Average

Maritime Guide Protecting Cargo Under General Average

This article provides an accessible and in-depth analysis of the 'General Average' system in maritime transport. It covers the definition, constituent elements, handling procedures, precautions, responses to special scenarios, and long-term risk prevention strategies. This comprehensive 'avoidance guide' aims to help cargo owners understand the risks of General Average and effectively respond when encountering it, reducing potential losses and disputes. It offers practical insights for mitigating the financial impact and navigating the complexities of General Average claims in the shipping industry.

Sierra Leone Boosts Customs Audits with WCO Assistance

Sierra Leone Boosts Customs Audits with WCO Assistance

The World Customs Organization (WCO) supported Sierra Leone in enhancing its Post Clearance Audit (PCA) capabilities through a workshop, technical assistance, and an action plan. This aims to effectively implement the World Trade Organization (WTO)'s Trade Facilitation Agreement (TFA). The initiative focuses on strengthening the Sierra Leone National Revenue Authority (NRA)'s customs risk management, improving control effectiveness, and promoting trade facilitation. Ultimately, this contributes to the country's sustainable economic development by optimizing revenue collection and streamlining trade processes.

Brazil Customs Guide Aims to Reduce Logistics Delays

Brazil Customs Guide Aims to Reduce Logistics Delays

Brazil's customs regulations are strict, leading to high return rates. This article delves into Brazil's triple-layered customs control system and provides detailed customs clearance solutions. It covers practical tips such as document preparation, HS code matching, value declaration, and logistics channel selection. This guide aims to help cross-border e-commerce sellers reduce the risk of returns and successfully expand into the Brazilian market by navigating the complexities of Brazilian customs and implementing best practices for smooth and efficient clearance.

01/30/2026 Logistics
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Global Customs Agencies Crack Down on Illegal Wildlife Trade

Global Customs Agencies Crack Down on Illegal Wildlife Trade

The World Customs Organization (WCO) Environment Programme, in collaboration with customs administrations from 11 countries, is enhancing capabilities to combat illegal wildlife trade (IWT) through online diagnostic assessments. Focusing on key areas such as training, enforcement, legislation, cooperation, intelligence, and risk management, the program tailors solutions and gathers international experts to build a global anti-smuggling defense line and safeguard ecological security. The initiative aims to improve customs' effectiveness in detecting and preventing the trafficking of endangered species and related products.

Efficient Logistics Management Understanding The Key Role Of Land Transportation

Efficient Logistics Management Understanding The Key Role Of Land Transportation

Road transportation is central to modern supply chain management, encompassing full truckload (FTL) and less-than-truckload (LTL) shipping. Each has its advantages: FTL is more efficient and suited for bulk goods, while LTL offers flexibility and cost-effectiveness for small and medium-sized enterprises. Understanding their operational models and choosing the right logistics partners is essential for enhancing market competitiveness.

07/23/2025 Logistics
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Key Timelines for International Air Freight Damage Claims

Key Timelines for International Air Freight Damage Claims

This article analyzes the time standards and processes for identifying lost items in international air freight. It introduces the regulations of different logistics providers, the criteria for determining lost goods, and the steps for filing lost item complaints. It aims to assist cross-border e-commerce sellers in clearly identifying and responding to potential lost item situations, thereby improving operational efficiency.

Air Vs Sea Freight Efficiency in Crossborder Ecommerce

Air Vs Sea Freight Efficiency in Crossborder Ecommerce

This article provides an in-depth comparison of the time efficiency differences between air freight and sea freight in cross-border e-commerce. It emphasizes the rapid advantages of air transport and the time costs associated with sea transport, assisting sellers in making informed decisions that balance timeliness and cost in their logistics choices, ultimately enhancing customer satisfaction and operational efficiency.