WCO Enhances Customs Risk Management in Americas Caribbean

WCO Enhances Customs Risk Management in Americas Caribbean

With funding from the Japan Customs Cooperation Fund, the World Customs Organization (WCO) held a pre-accreditation workshop on risk management for technical advisors in the Americas and Caribbean region in Guatemala. The workshop aimed to expand the WCO's pool of experts and enhance the risk management capabilities of member customs administrations. Participants' technical knowledge, skills, and teamwork abilities were assessed during the seminar, laying the foundation for regional customs modernization efforts.

01/05/2026 Customs Knowledge
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WCO Workshop Boosts Global Customs Risk Management Skills

WCO Workshop Boosts Global Customs Risk Management Skills

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) jointly held a pre-accreditation workshop on risk management, aiming to expand the pool of experts and enhance global customs risk control capabilities. Participants from five West African countries attended the workshop and are expected to obtain WCO accreditation, becoming an important force in the global customs field. This will help the WCO provide risk management support to its members.

01/05/2026 Customs Knowledge
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Amazon Business Lowrisk Strategies for Beginners

Amazon Business Lowrisk Strategies for Beginners

This article provides a zero-risk startup strategy tailored for new Amazon sellers. It emphasizes solo operation, cost control, and balancing work with entrepreneurship. It shares practical tips for key aspects such as product selection, operations, logistics, and risk control. The goal is to help new sellers establish a solid foundation and tap into the cross-border e-commerce market. It focuses on practical, actionable advice to help beginners navigate the complexities of selling on Amazon and build a sustainable business.

12/30/2025 Logistics Industry Insights
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Philippines Customs Adopts WCO Data Training to Boost Risk Management

Philippines Customs Adopts WCO Data Training to Boost Risk Management

The World Customs Organization (WCO) held a data analysis and risk management workshop for the Philippine Customs, aiming to enhance its risk identification and control capabilities and promote intelligent supervision transformation. The workshop focused on database management and data analysis, emphasizing intelligence-driven risk management techniques, and shared the experience of the Netherlands Customs. The Philippine Customs will explore data analysis tools, strengthen data governance, promote data sharing and cooperation, and build a safer and more efficient trade environment.

01/05/2026 Customs Knowledge
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Guide to Ocean Freight Booking Platforms and Risk Management

Guide to Ocean Freight Booking Platforms and Risk Management

This article delves into various channels for sea freight booking, including direct carrier logistics, booking agents, and freight forwarders, detailing their respective characteristics, advantages, and disadvantages. It also introduces major domestic booking platforms and provides suggestions for shippers on choosing the optimal booking method. The aim is to help foreign trade enterprises complete bookings efficiently and safely by understanding the different options and platforms available for sea freight.

08/22/2025 Logistics Encyclopedia
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Norwegian Krone to USD Trends and Risk Management Insights

Norwegian Krone to USD Trends and Risk Management Insights

This article provides an in-depth analysis of the Norwegian Krone (NOK) to US Dollar (USD) exchange rate, offering a real-time conversion tool, historical trend analysis, and risk management advice. It focuses on factors influencing the exchange rate, such as crude oil prices, interest rate policies, and the global economic situation. Practical tools and resources are provided to help users make informed decisions in cross-border transactions. The analysis aims to equip individuals and businesses with the knowledge needed to navigate the NOK/USD exchange rate effectively.

09/01/2025 Exchange Rate Query
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New Container Return Rules Risk Hefty Fines for Importers

New Container Return Rules Risk Hefty Fines for Importers

A new container return rule for shipping containers will take effect on July 7, 2025, mandating that containers be returned to their original pick-up location whenever possible. Non-compliant returns will incur substantial fees, with port returns costing $300 per container and other depots charging up to $1200. This article provides a detailed interpretation of the new regulations, offers practical tips to avoid penalties, and analyzes the impact on shippers, freight forwarders, shipping companies, and container yards. It aims to help stakeholders prepare in advance and avoid unnecessary losses.

07/03/2025 Logistics
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New Maritime Rules Risk Heightened Port Delays Industry Warns

New Maritime Rules Risk Heightened Port Delays Industry Warns

US port leaders are expressing concerns about upcoming maritime regulations, believing they could lead to reduced port efficiency and increased congestion. They are urging caution, enhanced communication, and the exploration of commercial solutions to ensure ports continue to operate efficiently under the new regulatory environment, safeguarding global trade. The leaders emphasize the need for a collaborative approach to mitigate potential negative impacts and maintain the smooth flow of goods through American ports, highlighting the importance of proactive planning and adaptation.

11/03/2025 Logistics Industry Insights
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Global Trade Relies on Cargo Insurance for Risk Mitigation

Global Trade Relies on Cargo Insurance for Risk Mitigation

Cargo insurance is vital in international trade, mitigating various risks during transportation, such as natural disasters, accidents, and theft, safeguarding businesses' financial interests. It also fulfills contractual obligations, builds customer trust, and complies with regulations in some countries, ensuring smooth customs clearance. Purchasing cargo insurance is a prudent decision, providing security for your trade operations.

11/03/2025 Logistics Encyclopedia
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