Customsbusiness Partnerships Boost Global Trade Efficiency

Customsbusiness Partnerships Boost Global Trade Efficiency

This guide aims to help businesses build effective customs cooperation relationships. It systematically explains how to establish and optimize partnerships with customs through four parts: cooperation philosophy, practical guidelines, best practices, and advanced cooperation, achieving mutual benefit. The guide provides phased practical methods and rich case studies to help companies improve customs clearance efficiency, reduce risks, and ultimately enhance competitiveness. It focuses on building a strong foundation for long-term collaboration and achieving trade facilitation goals through enhanced customs-business partnerships.

01/05/2026 Customs Knowledge
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Wcos HS Review Boosts Global Trade Efficiency

Wcos HS Review Boosts Global Trade Efficiency

The World Customs Organization (WCO) highlighted the HS Strategic Review study at the International Federation of Customs Brokers Associations (IFCBA) 30th Anniversary Conference. The review aims to optimize the global system for classifying goods in international trade, addressing changes in the trade environment and technological innovation. The IFCBA actively participated and provided feedback, which the WCO pledged to consider. The HS Strategic Review is expected to reduce compliance costs for businesses, improve customs clearance efficiency, promote trade facilitation, and enhance international competitiveness.

01/05/2026 Customs Knowledge
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Peru Boosts Trade Efficiency with WCO Time Release Study

Peru Boosts Trade Efficiency with WCO Time Release Study

The World Customs Organization (WCO) conducted a Time Release Study (TRS) workshop for Peruvian Customs (SUNAT) to enhance trade facilitation. By studying the WCO TRS Guidelines, creating business processes, and developing action plans, SUNAT will be able to conduct TRS, identify bottlenecks, optimize procedures, and meet WTO TFA requirements. This will ultimately improve international competitiveness. The workshop focused on practical application of TRS methodology within the Peruvian context, enabling SUNAT to streamline customs processes and improve efficiency in goods clearance.

01/05/2026 Customs Knowledge
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Lowes Supply Chief Shares Retail Optimization Strategies

Lowes Supply Chief Shares Retail Optimization Strategies

Lowe's SVP of Supply Chain Execution, Margi Vagell, shares five key insights for optimizing retail supply chains: prioritize people to serve the “dual customer,” continuously optimize the network, balance diverse customer needs, standardize processes for automation, and build cross-functional relationships. These insights offer a practical guide for retailers seeking to build exceptional supply chains. Vagell emphasizes the importance of understanding both the end consumer and the internal teams involved in delivering products, highlighting a people-centric approach to supply chain excellence.

01/08/2026 Logistics Industry Insights
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Global Airlines Adopt Iatas Streamlined Baggage Strategy

Global Airlines Adopt Iatas Streamlined Baggage Strategy

The IATA Baggage Strategy aims to revolutionize global baggage operations and enhance the passenger experience through standardization, automation, and data-driven approaches. This strategy revolves around three pillars: information exchange, tracking automation, and claim prevention. Through IATA Resolution 753, the Baggage XML project, and consulting services, it helps businesses optimize baggage operations. It also provides related resources and training courses to collectively create a seamless passenger experience. The goal is to minimize baggage mishandling and improve overall efficiency in the baggage handling process.

01/08/2026 Logistics
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Airlines Adopt Iatas FEGA for Fuel Savings Netzero Goals

Airlines Adopt Iatas FEGA for Fuel Savings Netzero Goals

IATA's Fuel Efficiency Consultancy service helps airlines identify and implement fuel efficiency improvements through FEGA gap analysis and IAP action plans. This leads to millions of dollars in annual cost savings and supports their net-zero emission goals. The service combines industry data, expert experience, and customized solutions to provide comprehensive support for airlines, ensuring sustainable fuel efficiency improvements. It helps airlines to optimize their fuel consumption, reduce their carbon footprint, and achieve their sustainability targets by providing tailored strategies and actionable recommendations.

01/08/2026 Logistics Industry Insights
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Airline Industry Adopts IATA Data Solutions for Efficiency

Airline Industry Adopts IATA Data Solutions for Efficiency

The IATA Passenger Data Solutions provide accurate and reliable passenger data based on actual airline and travel agency ticket booking information. This empowers businesses to precisely forecast market demand, optimize operational strategies, and achieve sustainable growth. IATA offers a variety of data products, training courses, projects, and policies to support the sustainable development of the aviation industry. As a trusted partner, IATA provides valuable insights and resources for informed decision-making, helping airlines navigate the complexities of the market and drive success.

01/08/2026 Logistics Industry Insights
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Walmart Expands Aidriven Hyperlocal Delivery in Retail

Walmart Expands Aidriven Hyperlocal Delivery in Retail

Walmart U.S. saw a surge of nearly 50% in store-fulfilled delivery sales, driven by faster delivery speeds and technological innovation. Leveraging AI to optimize dynamic delivery windows, Walmart aims to cover 95% of U.S. households with 3-hour delivery by year-end. Furthermore, Walmart Fulfillment Services empowers third-party sellers by offering next-day delivery options, enhancing the overall shopping experience. This demonstrates Walmart's commitment to leveraging its store network and technological advancements to meet evolving customer demands for speed and convenience.

01/08/2026 Logistics
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US Logistics Costs Rise Amid Storage Shortages LMI Report

US Logistics Costs Rise Amid Storage Shortages LMI Report

The latest LMI report reveals continued growth in the logistics industry, but highlights significant challenges including high costs and warehouse capacity constraints. Factors such as inventory buildup, declining transportation utilization, and uncertainties in trade policies contribute to these difficulties. The LMI report provides valuable market insights for businesses, helping them navigate the complex environment and capitalize on opportunities. It underscores the need for strategic adjustments to address cost pressures and optimize warehouse operations in the face of evolving market dynamics.

01/08/2026 Logistics Industry Insights
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Pepsico Consolidates Warehousing to Boost Retail Competitiveness

Pepsico Consolidates Warehousing to Boost Retail Competitiveness

PepsiCo is testing snack and beverage warehouse consolidation in Texas, aiming to reduce costs, improve efficiency, and optimize its supply chain to adapt to changing consumer trends. This initiative is a key step in its 'One North America' strategy, signaling a proactive transformation within the food and beverage industry in response to the reshaping retail landscape. The consolidation is expected to streamline operations and enhance responsiveness to market demands, ultimately contributing to a more agile and cost-effective supply chain.

01/08/2026 Logistics
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