Chinas Logistics Real Estate Market Shows Recovery Signs

Chinas Logistics Real Estate Market Shows Recovery Signs

The GLP IBI Index report suggests a potential rebound in logistics real estate demand. The Q3 IBI activity index reached 53, with net absorption, new lease signings, and planned project reserves all exceeding the 2024 average. Large enterprises and e-commerce giants are driving growth, with other industries expected to follow. The market recovery is projected to be non-linear. This indicates a positive shift in the logistics real estate sector, suggesting a potential bottoming out and subsequent growth driven by key industry players.

01/15/2026 Logistics Industry Insights
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Asiapacific Customs Agencies Combat Plastic Waste Surge

Asiapacific Customs Agencies Combat Plastic Waste Surge

The World Customs Organization (WCO) concluded virtual diagnostic missions to Indonesia and the Philippines, aiming to enhance customs' capacity in the Asia-Pacific region to combat the illegal cross-border movement of plastic waste. The project involved assessing the current state of customs in both countries, developing improvement plans, and planning a regional workshop to foster cooperation in addressing the plastic waste challenge. This initiative supports the implementation of the Basel Convention's Plastic Waste Amendments and promotes collaborative efforts to manage plastic waste effectively.

01/19/2026 Customs Knowledge
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WCO Program Boosts Colombias Customs Efficiency for Trade

WCO Program Boosts Colombias Customs Efficiency for Trade

The World Customs Organization (WCO), at the invitation of the Colombian Customs Authority (DIAN), successfully conducted an online Leadership and Management Development (LMD) workshop. The project aimed to enhance the leadership and management skills of senior Colombian customs officials, covering key areas such as self-awareness, emotional intelligence, effective communication, and personnel management. This initiative supports the creation of high-performing teams and promotes international trade facilitation by equipping leaders with the necessary tools to excel in their roles and foster a positive work environment.

01/19/2026 Customs Knowledge
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Hydro Flask Shifts Production to Western Hemisphere for Cost Savings

Hydro Flask Shifts Production to Western Hemisphere for Cost Savings

Helen of Troy relocated its Hydro Flask production to the Western Hemisphere to mitigate geopolitical risks, improve market responsiveness, and reduce inventory. The company is also implementing 'Project Pegasus,' which involves streamlining product lines, optimizing the supply chain, and establishing automated distribution centers. These initiatives aim to enhance operational efficiency, lower costs, and build a more resilient and sustainable supply chain. The move reflects a broader trend of companies seeking to restructure their supply chains for greater agility and cost-effectiveness in a dynamic global landscape.

01/19/2026 Logistics
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WCO Updates PICARD Standards to Modernize Customs Training

WCO Updates PICARD Standards to Modernize Customs Training

The World Customs Organization (WCO) is undertaking a comprehensive upgrade of the PICARD Professional Standards to adapt to the rapidly evolving global trade landscape. The revised standards will focus on public-private partnerships, customs-tax linkages, coordinated border management, and cover emerging trends such as security, trade facilitation, technological advancements, and project management. This upgrade aims to cultivate forward-thinking and practically skilled customs professionals, ultimately fostering global trade development. The updated standards will ensure customs administrations are equipped to meet future challenges and opportunities.

01/20/2026 Customs Knowledge
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Cape Verde WCO Launch Trade Efficiency Study

Cape Verde WCO Launch Trade Efficiency Study

With support from the WCO-WACAM project, Cape Verde Customs is preparing its first Time Release Study (TRS) to identify bottlenecks, optimize customs procedures, and enhance trade competitiveness. Through WCO expert workshops and public-private partnership action plans, Cape Verde aims to fulfill the Trade Facilitation Agreement, establishing an efficient and transparent customs system to promote economic development. The TRS will provide valuable data for informed decision-making and targeted reforms, ultimately streamlining the flow of goods and boosting Cape Verde's participation in global trade.

01/20/2026 Customs Knowledge
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Nigeria Customs Adopts WCO System to Boost Trade Efficiency

Nigeria Customs Adopts WCO System to Boost Trade Efficiency

With WCO support, the Nigeria Customs Service upgraded its Post Clearance Audit (PCA) system, strengthening risk management, optimizing trader segmentation, and supporting the implementation of the Authorized Economic Operator (AEO) program. This initiative aims to enhance trade efficiency and promote economic prosperity. Emphasizing data-driven customs management, the project offers valuable lessons for other developing countries looking to modernize their customs operations and improve trade facilitation measures. The focus on risk-based approaches and data analysis is key to achieving tangible improvements in customs performance.

01/20/2026 Customs Knowledge
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Bnsfs 15B Barstow Hub to Transform US Supply Chains

Bnsfs 15B Barstow Hub to Transform US Supply Chains

BNSF Railway is investing $1.5 billion in the Barstow International Gateway in Southern California to improve U.S. supply chain efficiency, reduce port congestion, and create jobs. This facility will enable the direct transfer of goods between ships and trains, enhancing overall logistics efficiency. It aims to streamline the flow of goods and alleviate bottlenecks within the supply chain by providing a seamless intermodal connection. The project represents a significant investment in infrastructure designed to modernize and optimize the movement of freight across the country.

01/20/2026 Logistics
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WCO Program Modernizes Uzbekistans Customs Operations

WCO Program Modernizes Uzbekistans Customs Operations

The World Customs Organization (WCO), through its Global Trade Facilitation Programme (GTFP), is assisting Uzbekistan in enhancing its customs strategic planning capabilities. This initiative aims to help the State Customs Committee (SCC) of Uzbekistan build a more efficient and intelligent customs system by developing strategic roadmaps and designing Key Performance Indicators (KPIs). The goal is to embrace openness and digital transformation, improve trade facilitation, and ultimately promote national economic development. The project focuses on strengthening Uzbekistan's ability to implement modern customs practices and contribute to regional and global trade.

01/05/2026 Customs Knowledge
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