Global Trade Classification System Nears Upgrade Under HS Review

Global Trade Classification System Nears Upgrade Under HS Review

The World Customs Organization (WCO) released an interim report on its exploratory study for the Strategic Review of the Harmonized System (HS). The report reaffirms the HS's role as a cornerstone of global trade classification while highlighting areas for improvement. It explores strategies to enhance the HS's usability, expand its functionality to address emerging trade needs, and encourages active participation from all stakeholders in shaping the future of the HS. The review aims to ensure the HS remains relevant and effective in facilitating international trade.

02/03/2026 HS Code Query
Read More
Togo WCO Boost Women Traders Via Customs Reform

Togo WCO Boost Women Traders Via Customs Reform

The World Customs Organization (WCO) collaborated with the Togolese Revenue Office (OTR) to focus on trade facilitation through a gender equality lens. Through capacity building, stakeholder engagement, and policy recommendations, the initiative aims to empower Togolese Micro, Small, and Medium Enterprises (MSMEs), particularly women traders. The goal is to build a more equitable, secure, and efficient trading environment, fostering economic growth and social development in Togo. This partnership highlights the importance of inclusive trade practices and the role of customs in promoting gender equality.

02/03/2026 Customs Knowledge
Read More
Gambia Advances Tax Reform with WCO to Boost West African Standards

Gambia Advances Tax Reform with WCO to Boost West African Standards

With the support of the WCO, the Gambia Revenue Authority (GRA) has initiated strategic management reforms aimed at enhancing organizational project management capabilities and strategic monitoring and evaluation frameworks. This collaboration aims to position the GRA as a strategic management role model in West Africa, ultimately increasing fiscal revenue and promoting economic development. The reforms focus on building internal capacity and establishing robust mechanisms for tracking progress and ensuring accountability in achieving strategic objectives. The expected outcome is a more efficient and effective revenue collection system.

02/03/2026 Customs Knowledge
Read More
Revised Kyoto Convention Streamlines Global Customs Procedures

Revised Kyoto Convention Streamlines Global Customs Procedures

The 16th session of the Revised Kyoto Convention Management Committee reviewed and adopted the RKCVWG's interim report, laying the groundwork for a comprehensive review of the RKC. The meeting highlighted the crucial role of the RKC in promoting trade facilitation and called for active participation in the implementation and revision of the Convention to adapt to new global trade landscapes and challenges. The committee emphasized the need for continuous improvement and adaptation to ensure the RKC remains relevant and effective in facilitating international trade.

02/03/2026 Customs Knowledge
Read More
Guide to Saas Website Builders for Easy Online Presence

Guide to Saas Website Builders for Easy Online Presence

This article provides an in-depth analysis of the SaaS website building model, explaining its core concepts, the role and advantages of code, and the limitations of no-code website builders. It also explores future trends in SaaS website building and offers advice on choosing the right platform. The aim is to help users better understand and utilize SaaS website building services to achieve their business goals. It highlights the balance between ease of use and customization offered by SaaS platforms compared to purely no-code solutions.

02/03/2026 Logistics Encyclopedia
Read More
Uschina Trade Shifts Reshape Crossborder Ecommerce

Uschina Trade Shifts Reshape Crossborder Ecommerce

Following US-China tariff adjustments, freight volume to the US surged, leading to increased shipping costs. Cross-border e-commerce sellers should seize this window of opportunity while being aware of the risks, and focus on long-term strategies like establishing overseas warehouses and localization. The global cross-border e-commerce market is projected to reach $7.9 trillion by 2030, indicating significant growth potential. Overseas warehouses play a crucial role in mitigating tariff fluctuations and optimizing supply chains, offering a competitive advantage in this evolving landscape.

02/03/2026 Logistics Industry Insights
Read More
Air Waybill Key to Streamlining Crossborder Ecommerce Logistics

Air Waybill Key to Streamlining Crossborder Ecommerce Logistics

This paper delves into the crucial role of Air Waybills (AWBs) in cross-border e-commerce. It comprehensively explains the concept, information contained, and query methods of AWBs, differentiating them from Bills of Lading. The paper highlights the advantages and challenges of AWB application in cross-border e-commerce. It emphasizes the importance of mastering AWB knowledge for improving logistics efficiency, reducing operational risks, and optimizing customer experience. Furthermore, it explores the future trends of digital empowerment in Air Waybills and their potential to revolutionize international logistics.

02/03/2026 Document Interpretation
Read More
Aviation Cargo Sector Shows Signs of Recovery Despite Challenges

Aviation Cargo Sector Shows Signs of Recovery Despite Challenges

IATA forecasts a recovery in air cargo, revising its full-year profit forecast upwards to $2.5 billion, marking the first profit since 2007. While this is positive, the profit margin remains low, and the recovery is fragile. The industry needs to remain vigilant to potential risks and prioritize investment in the future to ensure sustainable growth and capitalize on the increased demand driven by e-commerce and global trade. The air cargo sector is playing a crucial role in the global supply chain recovery.

02/04/2026 Logistics
Read More
Prologis US Interior Dept Plan Energy AI for Supply Chain Revamp

Prologis US Interior Dept Plan Energy AI for Supply Chain Revamp

GLP discussed the impact of energy and AI on supply chains with the U.S. Department of the Interior, emphasizing energy security as the cornerstone of AI. GLP is transitioning into the energy sector and deploying AI data center inference. The discussion likely covered how energy strategy affects AI development and its integration within supply chains, as well as the role of logistics real estate in supporting these advancements. GLP's move reflects a growing recognition of the interconnectedness of energy, AI, and logistics in the modern economy.

02/04/2026 Logistics Industry Insights
Read More
STB Rejects Union Pacificnorfolk Southern Merger Over Incomplete Filing

STB Rejects Union Pacificnorfolk Southern Merger Over Incomplete Filing

The U.S. Surface Transportation Board (STB) deemed the $850 billion merger application of Union Pacific and Norfolk Southern incomplete, citing a lack of comprehensive system impact analysis and a complete merger agreement. While stalled, the merger could still be approved with revisions, contingent on addressing STB concerns and demonstrating public benefit. This event highlights the regulatory role in large mergers, ensuring market competition and public interest. The STB's scrutiny emphasizes the need for thorough analysis and justification in such significant transactions within the railroad industry.

02/04/2026 Logistics
Read More