WACAM Project Advances Customs Modernization in West Africa

WACAM Project Advances Customs Modernization in West Africa

The West Africa Customs Administration Modernization (WACAM) project aims to improve customs management and operational efficiency in West African countries. Through regional workshops and national support missions, it shares best practices in strategic management and provides capacity building support in areas such as human resource management, stakeholder relations, and resource mobilization. The project has successfully held resource mobilization workshops and will continue to advance stakeholder relations workshops, contributing to customs modernization in West Africa. The goal is to create more effective and efficient customs administrations.

12/30/2025 Customs Knowledge
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Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

The severe congestion at Chittagong Port has led to vessel waiting times extending up to 10 days, causing significant overload in the yard. Shipping companies and the freight forwarding industry are suffering massive economic losses, resulting in diminished customer trust and increased operational costs. Freight forwarding enterprises are under pressure, shipping efficiency is declining, and the entire industry urgently needs to optimize its logistics network to tackle these challenges.

06/19/2025 Logistics
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Malaysia Airlines Faces Shutdown Crisis Following Suspension Of Funding From Khazanah

Malaysia Airlines Faces Shutdown Crisis Following Suspension Of Funding From Khazanah

Malaysia Airlines faces a shutdown crisis, with Khazanah Nasional possibly halting further investments. If negotiations with creditors for restructuring fail, the airline may face bankruptcy by year-end due to the impact of the pandemic. The government is likely to stop funding and redirect resources to budget carrier Firefly. The future looks bleak, and the industry is closely watching whether Malaysia Airlines can turn the situation around.

07/28/2025 Airlines
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Amazon Sellers Advised on Handling Negative Reviews

Amazon Sellers Advised on Handling Negative Reviews

How can Amazon sellers handle negative reviews? This article provides a comprehensive crisis PR guide, covering key steps such as rapid response, polite apology, offering solutions, and personalized replies. It also emphasizes the importance of preventing negative reviews in the first place. By proactively addressing and continuously improving, sellers can transform negative reviews into opportunities to enhance brand image and product services. This approach helps build trust and fosters customer loyalty in the competitive e-commerce landscape.

01/05/2026 Logistics Industry Insights
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Chinese Yuan Holds Steady at 500 to US Dollar

Chinese Yuan Holds Steady at 500 to US Dollar

Currently, 500 RMB can be exchanged for approximately 69.60 USD, with an exchange rate of about 1 CNY = 0.1392 USD, reflecting significant changes in Sino-American economic relations. Monitoring exchange rate dynamics can help individuals and businesses better respond to market fluctuations.

08/10/2025 Exchange Rate Query
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Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

The container shipping market is facing a dual challenge of declining demand and rapid capacity growth. An estimated 5 million TEUs of new ships are expected to be delivered over the next two years, leading to the highest capacity growth in 20 years, while freight rates continue to plummet, increasing market risks. Although there remains a willingness to pay for some capacity, factors such as global economic slowdown and rising inflation create significant uncertainty for future trends. Industry experts warn that the sector must seek transformation under pressure to enhance competitiveness.

07/22/2023 Logistics Industry Insights
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Amazon Sellers Struggle With Cash Flow Despite Ecommerce Growth

Amazon Sellers Struggle With Cash Flow Despite Ecommerce Growth

Amazon sellers are facing a survival crisis due to cash flow shortages. The platform's asset-heavy model, long payment cycles, and fierce competition exacerbate financial pressure. Sellers of all sizes are affected and need to refine product selection, optimize supply chains, diversify financing, strengthen cash flow management, expand sales channels, and improve operational efficiency to cope with the crisis. This signals a shift away from the myth of quick riches and a return to the fundamentals of business.

01/05/2026 Logistics Industry Insights
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