Eastsouthern Africa Customs Officials Tackle Transfer Pricing

Eastsouthern Africa Customs Officials Tackle Transfer Pricing

A joint workshop by the World Customs Organization (WCO) and the OECD aimed to enhance the expertise of customs officials in East and Southern Africa on transfer pricing and customs valuation. The initiative promotes regional customs cooperation, maintains fair trade practices, and combats tax evasion. By strengthening the capacity of customs administrations in these areas, the workshop supports efforts to ensure accurate valuation of goods and prevent illicit financial flows, ultimately contributing to a more transparent and equitable global trading system.

02/02/2026 Customs Knowledge
Read More
Warehouses Boost Security Amid Rising Theft Concerns

Warehouses Boost Security Amid Rising Theft Concerns

Warehouses and distribution centers face increasing theft risks. This article explores how to build an impenetrable anti-theft system through comprehensive risk assessments, multi-layered defense systems, and plugging internal vulnerabilities to protect company assets and employee safety. Security is a continuous investment, and only by constantly upgrading security measures can we effectively respond to ever-changing theft methods. This includes implementing robust access control, surveillance systems, and employee training programs to mitigate potential threats and ensure a secure environment.

02/04/2026 Warehousing
Read More
Iot Enhances Efficiency in Distribution Centers

Iot Enhances Efficiency in Distribution Centers

ProMatDX highlights the application of IoT technologies in distribution centers, emphasizing precise positioning and comprehensive visualization through technologies like RFID and real-time location systems. This optimizes workflows and reduces errors. Predictive maintenance ensures the stable operation of automated systems. An MHI report indicates the increasing prevalence of IoT applications, suggesting they will lead distribution centers towards a smart and efficient future. The focus is on leveraging data and connectivity to improve operational efficiency and visibility within the distribution center environment.

02/04/2026 Logistics Industry Insights
Read More
US Consumer Spending Holds Strong Despite Tariff Worries Wells Fargo

US Consumer Spending Holds Strong Despite Tariff Worries Wells Fargo

Wells Fargo's 2025 Supply Chain Report highlights the resilience of US consumers, supporting supply chain stability despite tariff uncertainties and retail caution. Companies are adapting by adjusting import strategies and optimizing management. Retailers are implementing cautious inventory strategies. The report emphasizes the importance of monitoring consumer trends and policy developments, and promoting digital transformation within the supply chain. Understanding these factors is crucial for navigating the evolving landscape and ensuring continued stability and efficiency in the face of ongoing challenges.

02/04/2026 Logistics Industry Insights
Read More
Women Drive Resilient Supply Chain Growth

Women Drive Resilient Supply Chain Growth

This article focuses on the power of women in the logistics sector, exploring how to build a more equitable and resilient supply chain. It analyzes the importance of female leadership in supply chain management and how to attract, retain, and develop female talent in the logistics industry through continuous education, talent cultivation, and cultural development. By empowering women, we can achieve a more robust and resilient supply chain. This includes fostering inclusive environments and addressing systemic barriers that hinder women's advancement.

02/04/2026 Logistics
Read More
Global Logistics Firms Adapt to Political Uncertainty

Global Logistics Firms Adapt to Political Uncertainty

The Trump administration's trade policies presented challenges to global logistics. Fine-grained management and win-win cooperation are crucial. Logistics companies should embrace digitalization, diversify supply chains, strengthen compliance, invest in infrastructure, and manage risks. Resilience is essential for the logistics industry, requiring innovative technologies and models to improve efficiency, reduce costs, and enhance service quality, thereby adapting to the evolving political landscape. This involves proactive risk mitigation and strategic partnerships to navigate uncertainties and maintain competitiveness in a dynamic global market.

02/04/2026 Logistics Industry Insights
Read More
Selfdriving Trucks Transform Logistics Amid Challenges

Selfdriving Trucks Transform Logistics Amid Challenges

Autonomous vehicles hold the promise of reducing logistics costs and improving efficiency, but face challenges in technology, regulations, and social acceptance. The future development potential is enormous and may disrupt the logistics industry. While still in its nascent stages, the integration of self-driving technology into logistics offers significant opportunities for optimization and innovation across the supply chain. Overcoming current hurdles will be crucial to realizing the full potential of unmanned logistics and paving the way for a more automated and efficient future.

02/04/2026 Logistics Industry Insights
Read More
Ozon Sellers Gain Sales Edge With Optimized Product Titles

Ozon Sellers Gain Sales Edge With Optimized Product Titles

This article delves into the significance and strategies of product naming on the Ozon platform. It covers both automatic generation and manual writing methods, providing practical case studies and optimization techniques. The aim is to help sellers create high-converting product names, thereby increasing product visibility and sales. It emphasizes the importance of well-crafted titles in attracting customers and improving search rankings within the Ozon marketplace. The guide offers actionable advice to enhance product discoverability and ultimately boost revenue.

02/03/2026 Customs Knowledge
Read More
WCO Enhances African Customs Risk Management Against Illegal Wildlife Trade

WCO Enhances African Customs Risk Management Against Illegal Wildlife Trade

The World Customs Organization (WCO), through the "Trade Facilitation and Customs Modernization Programme for Sustainable Development in Sub-Saharan Africa," supports Customs administrations and national environmental agencies in the East African Community (EAC) and the Southern African Development Community (SADC). The program develops risk indicators for goods and substances controlled by the Montreal Protocol and the Basel Convention. This aims to combat the illegal cross-border movement and trade of hazardous waste, thus maintaining the sustainability of the global environment.

02/03/2026 Customs Knowledge
Read More
HS Codes Boost Circular Economy Through Trade Harmonization

HS Codes Boost Circular Economy Through Trade Harmonization

A WCO seminar explored optimizing HS codes to more accurately reflect the life cycle of materials like plastics, metals, and wood. The aim is to support environmentally sustainable trade and the circular economy. Discussions focused on how refined HS classifications can better track and manage resources throughout their lifespan, promoting reuse, recycling, and reduced waste. This initiative aligns with global efforts to foster a more sustainable and resource-efficient global trading system and facilitate the implementation of green customs practices.

02/03/2026 HS Code Query
Read More