Cape Verde Customs Modernizes with WCOWACAM Efficiency Initiative

Cape Verde Customs Modernizes with WCOWACAM Efficiency Initiative

Supported by the Swedish-funded WCO-WACAM project, the Cabo Verde Tax Authority enhanced its project management and business process optimization capabilities through capacity building missions, laying a solid foundation for customs reform. Brazilian customs experts shared their experiences to help modernize Cabo Verde Customs, optimize clearance procedures, improve service quality, and promote trade facilitation, ultimately achieving the vision of becoming a modern and efficient customs organization.

01/20/2026 Customs Knowledge
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US Rail Freight Rises Slightly As Intermodal Gains Amid Fuel Costs

US Rail Freight Rises Slightly As Intermodal Gains Amid Fuel Costs

According to the Association of American Railroads, U.S. rail freight traffic experienced a slight increase in the week ending September 10th. Intermodal demand continues to grow, benefiting from rising fuel costs. Freight volume varied across different commodity categories, reflecting economic restructuring. Railroad companies need to increase infrastructure investment, optimize capacity allocation, strengthen talent development, and enhance technological innovation to address challenges, seize opportunities, and achieve sustainable development.

01/22/2026 Logistics
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European Import Prices Rise Amid Soaring Shipping Costs

European Import Prices Rise Amid Soaring Shipping Costs

European sea freight prices are continuously rising, influenced by factors such as tight capacity, soaring fuel costs, geopolitical events, strong demand, and environmental regulations. This may lead to higher prices for imported goods, and consumers should be prepared for rational consumption. The confluence of these factors is creating significant challenges for businesses relying on European shipping lanes, potentially disrupting supply chains and impacting overall economic stability.

01/28/2026 Logistics Industry Insights
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North American Class 8 Truck Orders Drop Sharply Amid Demand Uncertainty

North American Class 8 Truck Orders Drop Sharply Amid Demand Uncertainty

North American Class 8 heavy truck orders experienced a significant decline in November, raising concerns about a potential demand inflection point. Experts attribute this downturn to a combination of factors, including seasonality, economic conditions, and excess capacity. Despite these challenges, opportunities remain in areas such as infrastructure development and e-commerce growth. Companies should closely monitor market trends and adapt flexibly to navigate this new market cycle.

01/30/2026 Logistics
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Pearl River Delta Hub Airport Takes Off Building a Global Aviation New Engine for the Guangdong-hong Kong-macau Greater Bay Area

Pearl River Delta Hub Airport Takes Off Building a Global Aviation New Engine for the Guangdong-hong Kong-macau Greater Bay Area

The construction of the Pearl River Delta Hub (Guangzhou New) Airport is about to commence, marking a new phase in the aviation network of the Guangdong-Hong Kong-Macao Greater Bay Area. The new airport will alleviate pressure on Guangzhou Baiyun Airport, helping to develop a world-class airport cluster. It is expected to enhance air service and transportation capacity, promote regional economic development, and strengthen global connectivity.

05/20/2024 Logistics
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Saudi Arabia Establishes IATA Hub in Riyadh to Boost Global Aviation Role

Saudi Arabia Establishes IATA Hub in Riyadh to Boost Global Aviation Role

Saudi Arabia has announced the establishment of a regional office for the International Air Transport Association (IATA) in Riyadh to support the development of the aviation industry. A new flagship airline will be created, aiming to become a global logistics hub with 250 international routes and doubling air freight capacity, promoting economic diversification. This initiative seeks to enhance Saudi Arabia's influence in the international aviation market and drive GDP growth.

07/29/2025 Logistics
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WCO Streamlines Regional Structure to Improve Global Trade

WCO Streamlines Regional Structure to Improve Global Trade

The WCO's regional architecture plays a crucial role in global trade facilitation. The 2017 conference highlighted its role in supporting the WCO's strategic plan and implementing the WTO's Trade Facilitation Agreement. The conference assessed the effectiveness of regional strategic plans and donor conferences, deciding to further optimize best practice guides and enhance the use of digital platforms. This aims to improve global customs capacity building and promote trade development.

01/05/2026 Customs Knowledge
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Cass Freight Index Signals Potential Economic Slowdown

Cass Freight Index Signals Potential Economic Slowdown

The latest Cass Freight Index report indicates that while February freight volume increased month-over-month, it declined year-over-year. International air freight remains weak, capacity is expanding, and the spot market is cooling. The report warns of the risk of economic contraction, urging businesses to closely monitor market dynamics and respond flexibly. Companies should be prepared for potential challenges in the logistics market as economic uncertainty persists.

01/28/2026 Logistics Industry Insights
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North American Heavyduty Truck Orders Jump in February

North American Heavyduty Truck Orders Jump in February

North American Class 8 heavy-duty truck orders saw a counter-trend increase in February, ending a period of decline. Key drivers include fleet renewal, rebounding freight capacity, and easing chip shortages. While macroeconomic risks remain a concern, industry confidence is returning, and technological innovation is accelerating. This positive trend suggests a potential shift in the heavy-duty truck market, but careful monitoring of economic conditions is crucial.

01/20/2026 Logistics
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Freight Market Slows on Recession Worries Recovery Possible

Freight Market Slows on Recession Worries Recovery Possible

Bloomberg analyst Lee Klaskow noted in a webinar that the risk of a US recession is high, and the freight market has already entered a recession. Despite the challenges, a turnaround is expected in the second half of the year as capacity exits the market, seasonal demand rebounds, and inventory levels improve. Large, well-capitalized companies with diversified operations are likely to consolidate their positions during this market correction.

01/21/2026 Logistics Industry Insights
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