West and Central African Customs Chiefs Back Continental Free Trade

West and Central African Customs Chiefs Back Continental Free Trade

The meeting of heads of customs from West and Central Africa focused on the establishment of the African Continental Free Trade Area (AfCFTA). The World Customs Organization reaffirmed its support, emphasizing the critical role of customs departments and the importance of infrastructure. Discussions also covered addressing the challenges posed by the pandemic, combating counterfeit medicines and vaccines, and strengthening capacity building and regional cooperation. These efforts aim to contribute to regional economic development and the prosperity of the African continent. The importance of efficient customs procedures for the AfCFTA's success was highlighted.

02/02/2026 Customs Knowledge
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Global Customs Body Cracks Down on Counterfeit Trade

Global Customs Body Cracks Down on Counterfeit Trade

The Secretary General of the World Customs Organization (WCO) highlighted the importance of combating counterfeit goods at the 6th International Conference “Georgia against Counterfeiting and Piracy.” He called for strengthened international cooperation and presented the WCO's actions in combating counterfeit medicines and medical devices. The conference also addressed new trends in counterfeit goods during the pandemic and how to more effectively combat counterfeiting to protect consumer rights and safety. The discussions emphasized the need for collaborative efforts and innovative strategies to tackle the evolving challenges posed by counterfeit products.

02/03/2026 Customs Knowledge
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National Maritime Day Celebrates Resilience in Global Trade

National Maritime Day Celebrates Resilience in Global Trade

On National Maritime Day, this article highlights the responsibilities and contributions of the maritime industry during the pandemic. Using the ports of San Francisco and Oakland as examples, it emphasizes the critical role of the maritime sector in global trade and its contribution to ensuring supply chain stability during the crisis. The article also explores future trends such as port intelligent upgrades, green shipping, and the protection of seafarers' rights. It calls for international cooperation to address global challenges and pays tribute to all maritime professionals for their dedication and resilience.

02/05/2026 Logistics Industry Insights
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Supply Chains Face Dual Crisis From Hurricanes and COVID19

Supply Chains Face Dual Crisis From Hurricanes and COVID19

A joint report by Resilience360 and Riskpulse highlights the unprecedented challenges to global supply chains in 2020 due to the combined impact of the hurricane season and the COVID-19 pandemic. The report forecasts above-normal Atlantic hurricane activity and analyzes the pandemic's effects on port operations. It recommends that businesses map their supply chains, develop contingency plans, leverage technology, and enhance collaboration to improve supply chain resilience and withstand the double storm. These measures are crucial for mitigating disruptions and ensuring business continuity in the face of these compounding risks.

02/05/2026 Logistics
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Asiapacific Customs Adopt WCO Ecommerce Compliance Standards

Asiapacific Customs Adopt WCO Ecommerce Compliance Standards

The 2021 WCO Asia-Pacific Regional Seminar focused on cross-border e-commerce compliance, aiming to promote the effective implementation of the WCO E-Commerce FoS Framework in the Asia-Pacific region. The conference brought together various stakeholders to discuss core issues such as advance electronic data, data exchange, and tax collection. Participants shared experiences, explored challenges, and laid the foundation for building a secure and efficient cross-border e-commerce ecosystem. The pandemic has accelerated the development of e-commerce, further highlighting the importance of the framework.

02/05/2026 Customs Knowledge
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Global Shipping Rates Surge Amid 2021 Supply Chain Crisis

Global Shipping Rates Surge Amid 2021 Supply Chain Crisis

This paper delves into the underlying causes of the surge in sea freight rates in 2021, including supply-demand imbalances, capacity bottlenecks, and port congestion exacerbated by the pandemic. It analyzes the challenges and opportunities for Chinese import and export enterprises. Furthermore, the paper forecasts future trends in sea freight rates and proposes corresponding strategies for businesses. The aim is to provide a reference for companies to make informed decisions in the complex and volatile sea freight market, helping them navigate the challenges and capitalize on potential opportunities.

02/06/2026 Logistics
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WTO WCO Assess Techs Role in Ecommerce Trade Shift

WTO WCO Assess Techs Role in Ecommerce Trade Shift

The World Customs Organization (WCO) and the World Trade Organization (WTO) co-organized a seminar at the Public Forum, exploring the role of disruptive technologies and e-commerce in post-pandemic trade recovery. The conference highlighted data-driven Customs development, WTO's policy guidance, Zambia's practical experience, and the private sector's perspective. It aimed to inject new vitality into the future development of global trade. The discussions emphasized leveraging data and technology to streamline processes, improve efficiency, and foster a more resilient and inclusive global trading system in the evolving digital landscape.

02/06/2026 Customs Knowledge
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Uschina Ocean Freight Key Strategies for Efficient Shipping

Uschina Ocean Freight Key Strategies for Efficient Shipping

This article provides an in-depth analysis of the time required for ocean freight from China to the US and the influencing factors, including port selection, holidays, and the pandemic. It offers practical suggestions for improving shipping efficiency, such as booking space in advance, purchasing insurance, and tracking goods in real-time. The aim is to help businesses optimize their China-US ocean freight strategy and ensure the safe and timely delivery of goods. This guide provides valuable insights for navigating the complexities of international shipping and achieving optimal logistics performance.

02/12/2026 Logistics Encyclopedia
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Lexin Reports Resilient Q1 Growth Amid New Consumer Finance Standards

Lexin Reports Resilient Q1 Growth Amid New Consumer Finance Standards

Lexin's Q1 financial report was impacted by new accounting standards and the pandemic, putting pressure on book profits. However, financial service revenue grew strongly, and the user base continued to expand. The company actively embraces a new consumer platform strategy, seeking growth points through innovative businesses such as Leka, and strengthening risk control by connecting to the central bank's credit reporting system. Lexin is navigating through uncertainties, demonstrating the potential for steady growth. The strong financial service revenue and user base expansion are key indicators of this potential.

02/11/2026 Logistics Industry Insights
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Echo Global Exec Discusses Postpandemic Logistics Challenges

Echo Global Exec Discusses Postpandemic Logistics Challenges

Echo Logistics executive Hurst emphasized the need for logistics to focus on crisis response, data, technology, and collaboration in the post-pandemic era at the SMC3 conference. He believes the market is experiencing a U-shaped recovery, with LTL (Less-Than-Truckload) remaining stable. Hurst highlighted the importance of technology in enabling efficiency gains within the supply chain. The ability to quickly adapt to disruptions and leverage data-driven insights are crucial for navigating the evolving logistics landscape and ensuring supply chain resilience. This requires embracing innovation and fostering strong partnerships.

02/11/2026 Logistics Industry Insights
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