WCO Backs Cambodias Customs Modernization Reforms

WCO Backs Cambodias Customs Modernization Reforms

At the request of the General Department of Customs and Excise of Cambodia (GDCE), the World Customs Organization (WCO) conducted an assistance mission to assess the implementation gaps of the WTO Trade Facilitation Agreement (TFA) and help develop a five-year strategic plan. This initiative aims to promote customs modernization in Cambodia, enhance trade facilitation, and inject new impetus into economic development. The WCO will continue to support Cambodia's customs capacity building and strengthen international cooperation to jointly address global trade challenges.

02/06/2026 Customs Knowledge
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Businesses Seek New Growth Drivers Amid Economic Uncertainty

Businesses Seek New Growth Drivers Amid Economic Uncertainty

The world economy faces multiple challenges in 2023, with growth likely to slow further. Countries need to work together to address inflation, the energy crisis, and geopolitical risks. Strengthening international macroeconomic policy coordination and increasing support for emerging markets and developing countries are crucial. Only through collective effort can we navigate the economic uncertainties, rebuild confidence in growth, and create a future of shared prosperity. This requires a commitment to global cooperation and a willingness to address the underlying issues hindering economic progress.

02/11/2026 Logistics Industry Insights
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Pet Stores Adapt to Ecommerce Shifts in 2020

Pet Stores Adapt to Ecommerce Shifts in 2020

CIPS 2020 (Great Wall Petfair) will focus on the growth challenges faced by pet stores, hosting the "New E-commerce & Store Commerce Conference" and the "China Pet Store TOP 100 Selection". The conference will invite e-commerce platforms, tool platforms, and industry experts to discuss growth strategies such as e-commerce empowerment and new media marketing. The selection aims to discover and promote the operating experiences of outstanding stores, provide reference for the industry, and help pet stores achieve growth against the trend.

02/11/2026 Logistics Industry Insights
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Crossborder Ecommerce Booms in Saskatoon Canada

Crossborder Ecommerce Booms in Saskatoon Canada

Saskatoon, the central city of Saskatchewan, Canada, is emerging as a new blue ocean for cross-border e-commerce due to its unique geographical advantages, diverse population structure, and well-developed transportation network. This paper delves into the market potential, opportunities, and challenges of Saskatoon, providing effective strategic advice for cross-border e-commerce sellers to tap into this vibrant market. It explores key factors for success and offers insights into navigating the local landscape to maximize profitability and establish a strong presence.

02/11/2026 Logistics Encyclopedia
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Long Beach Port CEO Steps Down Amid Leadership Uncertainty

Long Beach Port CEO Steps Down Amid Leadership Uncertainty

The unexpected retirement announcement of Richard D. Steinke, Executive Director of the Port of Long Beach, has sent shockwaves through the shipping industry. This article analyzes Steinke's contributions during his tenure and the challenges his successor will face, including balancing stakeholder interests, managing labor relations, promoting environmental protection and sustainability, and embracing technological innovation. The Port of Long Beach has initiated a nationwide search for a successor, hoping the new leader will guide the port towards an even brighter future.

02/11/2026 Logistics
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Chongqing Explores Latin Americas Ecommerce Growth Potential

Chongqing Explores Latin Americas Ecommerce Growth Potential

The Latin American cross-border e-commerce market boasts immense potential, yet compliance, logistics, and localized operations present significant challenges. This summit in Chongqing aims to integrate resources and share expertise, empowering Chinese businesses to overcome these hurdles and cultivate the Latin American market. With the market size projected to exceed $200 billion by 2026, the summit offers valuable insights and strategies to capitalize on this burgeoning opportunity. It focuses on helping companies navigate complexities and achieve sustainable growth in the region.

02/11/2026 Logistics Industry Insights
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Shipping Firms Delay New Ships As Overcapacity Looms

Shipping Firms Delay New Ships As Overcapacity Looms

Facing pessimistic freight demand prospects, shipping companies are postponing new vessel deliveries to address overcapacity risks. Container accumulation exacerbates cost pressures, and supply-demand imbalances lead to a reversal of market fundamentals. Capacity reduction may alleviate some pressure, but long-term profitability prospects remain strained. Shipping companies need to respond prudently to navigate the cycle. The current situation highlights the challenges of managing capacity in a volatile market and the need for strategic adjustments to maintain competitiveness amidst fluctuating demand.

02/11/2026 Logistics Industry Insights
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Shipping Firms Limit South China Cargo Ahead of Lunar New Year

Shipping Firms Limit South China Cargo Ahead of Lunar New Year

Several shipping companies have announced suspensions or restrictions on cargo acceptance in South China before and after the Chinese New Year, mainly due to COVID-19 control measures, the holiday period, and port congestion risks. This action will lead to cargo delays, increased freight rates, and supply chain disruptions. Businesses should plan ahead, explore alternative solutions, strengthen communication, and flexibly adjust inventory to meet these challenges. Proactive measures are crucial to mitigate the impact of these restrictions during this peak season.

02/11/2026 Logistics
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Japanese Ecommerce Sellers Turn to Offshore Accounts

Japanese Ecommerce Sellers Turn to Offshore Accounts

Addressing the financial challenges faced by cross-border e-commerce sellers in the Japanese market, this article introduces the advantages of Japanese offshore accounts. These benefits include optimizing fund repatriation, mitigating exchange rate risks, and enhancing localized operational efficiency. Compliant establishment and management of offshore accounts are crucial strategies for sellers to improve profitability in Japan. It allows for smoother transactions and better control over earnings generated within the Japanese market, ultimately leading to a more competitive and sustainable business model.

02/11/2026 International Settlement
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COSCO Shipping Profits Surge Amid Container Shipping Boom

COSCO Shipping Profits Surge Amid Container Shipping Boom

COSCO SHIPPING Holdings' Q1 performance forecast reveals a staggering 5191% year-on-year net profit surge, driven by a favorable global container shipping market and the company's operational strategies. This analysis delves into the market drivers behind this performance growth, examines the company's operational status, and explores the sustainability and development trends of the container shipping market. It also discusses the opportunities and challenges faced by COSCO SHIPPING Holdings as an industry leader, navigating the evolving landscape of global shipping.

02/11/2026 Logistics Industry Insights
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