Global Logistics Strategies to Reduce Risks and Boost Profits

Global Logistics Strategies to Reduce Risks and Boost Profits

This paper delves into common transportation, customs clearance, and market risks in international logistics, offering mitigation strategies such as selecting reliable partners, optimizing customs procedures, and strengthening market risk management. It also emphasizes the importance of international logistics insurance in helping companies effectively reduce risks and ensure smooth trade activities in global trade. The paper aims to provide insights into managing and minimizing potential losses in international logistics operations.

02/02/2026 Logistics Encyclopedia
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East Africa Enhances Customs Oversight with Audit Training Completion

East Africa Enhances Customs Oversight with Audit Training Completion

The WCO and JICA's joint "Master Trainer Programme" successfully concluded in East Africa, training 18 post-clearance audit experts and developing regional training materials. This initiative aims to enhance customs audit capabilities in East Africa, facilitating trade, combating smuggling, and safeguarding economic security. The project is expected to inject new momentum into regional development by strengthening customs administration and promoting efficient trade practices within the East African Community.

02/02/2026 Customs Knowledge
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Burkina Faso Customs Enhances Trade Via WCO Time Release Study

Burkina Faso Customs Enhances Trade Via WCO Time Release Study

Burkina Faso Customs, with the support of the WCO's WACAM project, conducted its first Time Release Study (TRS) to identify clearance bottlenecks and improve efficiency. The WCO provided training and technical assistance to help Burkina Faso implement the WTO Trade Facilitation Agreement, improve the business environment, and promote trade development. The TRS, through data analysis, provides Customs with improvement measures to reduce trade costs and enhance international competitiveness.

02/03/2026 Customs Knowledge
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Ecommerce Guide to Cutting Costs With LCL Shipping

Ecommerce Guide to Cutting Costs With LCL Shipping

This article provides an in-depth analysis of the international LCL (Less than Container Load) shipping process, offering a detailed practical guide for cross-border e-commerce sellers. It covers key aspects such as booking, customs declaration, loading, bill of lading, and customs clearance. The article emphasizes crucial considerations like cargo compatibility, warehousing efficiency, transparent pricing, and data consistency to help sellers avoid pitfalls, reduce costs, and achieve efficient international shipping.

02/04/2026 Logistics Encyclopedia
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Gambia Enhances Customs Efficiency with WCO Trade Facilitation Support

Gambia Enhances Customs Efficiency with WCO Trade Facilitation Support

The World Customs Organization (WCO) supported the Gambia Revenue Authority (GRA) in hosting a Time Release Study (TRS) workshop to enhance trade facilitation. Through expert guidance, practical exercises, and action plan development, Gambia aims to establish a trade facilitation baseline, improve its business environment, and comply with the WTO Trade Facilitation Agreement. The TRS will precisely identify customs clearance bottlenecks, optimize processes, reduce costs, and enhance business competitiveness.

02/05/2026 Customs Knowledge
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Global Air Freight Firms Adopt New Customs Compliance Strategies

Global Air Freight Firms Adopt New Customs Compliance Strategies

This article delves into the general and country-specific regulatory requirements of destination country customs for air freight. It covers five core elements: advance declaration, document compliance, manifest consistency, qualification completeness, and risk control. Detailed interpretations are provided for key markets such as the United States, the European Union, Japan, Saudi Arabia, and Brazil. The aim is to help cross-border e-commerce sellers mitigate risks and improve customs clearance efficiency.

02/06/2026 Customs Knowledge
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Philippines East West Bank Streamlines Transfers With Swift Codes

Philippines East West Bank Streamlines Transfers With Swift Codes

This article details the SWIFT code EWBCPHMMXXX for East West Bank in the Philippines and its usage guidelines. It emphasizes the importance of an accurate SWIFT code for international money transfers and provides practical advice to ensure smooth transactions. This includes verifying information and selecting appropriate transfer methods. The aim is to help users avoid delays and errors in their remittances.

09/03/2025 International Settlement
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Maersk Opens Largest Southeast Asia Logistics Hub in Philippines

Maersk Opens Largest Southeast Asia Logistics Hub in Philippines

Maersk has opened its largest distribution center in the Philippines, named 'Optimus.' Covering 100,000 square meters, it aims to be a logistics hub for Southern Luzon. Equipped with advanced technology, the center supports multiple industries and is committed to sustainability. Optimus will enhance the Philippines' import and export operations, fostering local economic growth. This strategic investment by Maersk underscores the Philippines' growing importance in the global supply chain and its potential as a key player in Southeast Asian logistics.

11/03/2025 Logistics
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Laoag Airport: A Gateway to Dreams in the Philippines

Laoag Airport: A Gateway to Dreams in the Philippines

Laoag International Airport is located in the Ilocos Norte province of the Philippines, primarily providing domestic and international aviation services. The airport features a runway length of 2,780 meters and is the northernmost commercial airport in the Philippines. Laoag International Airport accommodates charter flights from Taiwan and China, with key destinations including Manila, Taipei, and Tokyo. Several airlines operate services for travelers, making it a vital transportation hub.

07/29/2025 Logistics
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Caticlan Airport Expands as Key Gateway to Boracay, Philippines

Caticlan Airport Expands as Key Gateway to Boracay, Philippines

Caticlan Airport, located in the northwest of Panay Island in the Philippines, serves as the main airport for accessing Boracay Island. At an elevation of 2 meters and with a runway of 950 meters, it accommodates international flights. Boracay is renowned for its stunning beaches, attracting numerous tourists. The annual passenger throughput at Caticlan Airport has been increasing, reaching 761,961 in 2008, making it the seventh busiest airport in the Philippines.

07/29/2025 Airport Codes
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