Asiapacific Customs Adopt Digital Tools for Modernization

Asiapacific Customs Adopt Digital Tools for Modernization

The 20th Asia-Pacific WCO Regional Training Center Heads Meeting focused on digital transformation and capacity building. Discussions centered on leveraging VR technology to enhance customs training, deepening regional cooperation, evaluating the impact of capacity building initiatives, and addressing challenges posed by the pandemic. The meeting aimed to improve the professional capabilities and modernization level of customs administrations in the Asia-Pacific region by exploring innovative training methods and fostering collaboration in a rapidly evolving global landscape.

01/16/2026 Customs Knowledge
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Airline Industry Faces Profit Hurdles Seeks Collaboration Study

Airline Industry Faces Profit Hurdles Seeks Collaboration Study

A joint study by IATA and McKinsey reveals an imbalance in the aviation industry's value chain, resulting in persistently low airline profitability. The report highlights that the pandemic has exacerbated this issue. However, it suggests that value chain reshaping is possible through data sharing and decarbonization collaborations, ultimately leading to improved overall profitability for the industry. This restructuring aims to address the systemic issues hindering airlines' financial performance and create a more sustainable and profitable ecosystem for all stakeholders.

01/16/2026 Logistics Industry Insights
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Flexe CEO Discusses Postpandemic Warehouse Economy Shifts

Flexe CEO Discusses Postpandemic Warehouse Economy Shifts

In an interview, Flexe CEO Karl Siebrecht discussed the challenges and opportunities facing the warehouse economy in the post-pandemic era. He highlighted that macroeconomic uncertainty, changing consumer demands, and the rise of the BOPIS model are reshaping the logistics landscape. Siebrecht emphasized the importance of flexibility for businesses, advising against long-term leases and advocating for solutions that can navigate uncertainty. He argued that adaptability is crucial for maintaining competitiveness in a rapidly evolving market environment.

01/16/2026 Logistics Industry Insights
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Aviation Leaders Discuss Industry Recovery on OAG Podcast

Aviation Leaders Discuss Industry Recovery on OAG Podcast

The OAG Podcast features interviews with Pascan Aviation, Tourism Fiji, and Scoot, discussing strategies for aviation recovery post-pandemic. The discussions cover topics such as regional aviation and destination marketing. The podcast offers valuable industry insights into how airlines and tourism boards are adapting and innovating to navigate the challenges and opportunities presented by the evolving travel landscape. It explores the key factors driving recovery and provides a glimpse into the future of air travel as the industry rebounds.

01/15/2026 Logistics Industry Insights
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Tempur Sealy Expands US Production to Strengthen Supply Chain

Tempur Sealy Expands US Production to Strengthen Supply Chain

Tempur Sealy is addressing supply chain challenges and ensuring product availability by expanding its domestic manufacturing capabilities in the United States. The company is building new factories and increasing its chemical reserves to reduce reliance on overseas supply chains and meet market demand. The pandemic has accelerated the trend of reshoring, and Tempur Sealy's strategic adjustments will build a more resilient supply chain system. This move aims to mitigate disruptions and ensure consistent product availability for consumers.

01/19/2026 Logistics Industry Insights
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WTO Extends Trade Program to Aid Developing Nations Customs

WTO Extends Trade Program to Aid Developing Nations Customs

The Global Trade Facilitation Programme (GTFP), a collaboration between the Swiss State Secretariat for Economic Affairs (SECO) and the World Customs Organization (WCO), has been extended until December 2023 due to its significant achievements. The program aims to promote economic growth in developing countries by simplifying trade procedures and improving customs administration through capacity building. This extension will consolidate gains, address challenges posed by the pandemic, and enhance sustainability, ultimately providing long-term development opportunities for beneficiary countries.

01/19/2026 Customs Knowledge
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Procurement Pros Adapt Strategies for Second Demand Peak

Procurement Pros Adapt Strategies for Second Demand Peak

Facing a potential second wave of the pandemic, procurement professionals must return to fundamental processes, monitor macroeconomic trends, deepen commodity management strategies, and reshape strategic sourcing to enhance supply chain resilience and ensure stable business operations. Data analysis plays a crucial role in risk quantification, predictive modeling, cost analysis, and supplier evaluation, enabling informed decision-making and proactive risk mitigation. By focusing on these key areas, organizations can navigate uncertainty and maintain a competitive edge in a volatile market.

01/19/2026 Logistics Industry Insights
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Robotic Forklifts Transform Logistics Amid Labor Shortages

Robotic Forklifts Transform Logistics Amid Labor Shortages

Facing labor shortages and the demand for increased efficiency, robotic forklifts are experiencing significant growth opportunities. This article analyzes the catalytic effect of the pandemic on the market and explores key factors such as return on investment, technological advancements, and expanding application scopes. It also emphasizes crucial considerations for companies when implementing robotic forklifts, including process optimization and phased implementation strategies. Successful adoption requires careful planning and a strategic approach to maximize benefits and minimize potential disruptions.

01/19/2026 Logistics Industry Insights
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Supply Chains Focus on Resilience Ahead of Peak Season

Supply Chains Focus on Resilience Ahead of Peak Season

The pandemic has presented new challenges for the carrier industry. This session focuses on carrier management in the "new normal." Logistyx Technologies President Ken Fleming will delve into key areas such as capacity management, carrier network construction, contract optimization, and KPI monitoring. The aim is to help businesses build an excellent carrier network, enhance supply chain resilience, and succeed during peak seasons. It will cover strategies to navigate disruptions and optimize carrier performance for improved efficiency and reliability.

01/19/2026 Logistics Industry Insights
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US Service Sector Growth Slows in February ISM

US Service Sector Growth Slows in February ISM

The ISM report indicates continued growth in the US service sector in February, albeit at a slower pace. Most industries experienced growth, while real estate faced pressure. Sub-indicators presented a mixed picture, leading to cautious optimism among experts. The report highlights the ongoing impacts of the pandemic, supply chain challenges, and labor shortages. It provides valuable economic signals for investors, reflecting a nuanced picture of the current economic landscape and potential future trends in the service sector.

01/19/2026 Logistics Industry Insights
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