Shipping Industry Faces Instability Over Hidden Surcharges

Shipping Industry Faces Instability Over Hidden Surcharges

The shipping industry is facing a surcharge storm, with low-price competition leading companies to compensate for losses through opaque surcharges, causing customer dissatisfaction. This article analyzes the causes and impact of these surcharges, as well as potential strategies for addressing them. It calls for increased transparency, optimized operations, and strengthened cooperation within the industry to overcome these challenges and achieve sustainable development. The industry needs to find a better way to handle costs than relying on hidden fees that erode trust with their customers.

01/27/2026 Logistics Industry Insights
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Supply Chain Industry Tackles Talent Shortage with Skills Training

Supply Chain Industry Tackles Talent Shortage with Skills Training

The supply chain talent gap is widening, requiring companies to proactively expand recruitment channels and prioritize the cultivation of both hard and soft skills. By engaging in university-enterprise cooperation and providing skills training, businesses can effectively address talent challenges and lay a solid foundation for future growth. This proactive approach ensures a steady pipeline of qualified professionals equipped to navigate the complexities of modern supply chains and contribute to organizational success. Addressing this shortage is crucial for maintaining competitiveness and driving innovation within the industry.

01/27/2026 Logistics Industry Insights
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Revised Kyoto Convention Hits 113 Members Boosts Global Trade

Revised Kyoto Convention Hits 113 Members Boosts Global Trade

The Revised Kyoto Convention (RKC) now has 113 contracting parties, with the Republic of Congo being the latest addition. This convention, recognized as the blueprint for modern customs by the international customs community, aims to simplify and harmonize customs procedures, thereby facilitating global trade. It emphasizes the application of information technology, risk management, enhanced cooperation with the trade community, and the establishment of accessible appeal systems. The WCO encourages more members to join and implement the convention's provisions to build a more competitive global economy.

01/27/2026 Customs Knowledge
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WCO Strengthens Zambias Crackdown on Wildlife Trafficking

WCO Strengthens Zambias Crackdown on Wildlife Trafficking

The World Customs Organization (WCO), through the WCO-INAMA project, supports Zambia Customs in enhancing its intelligence capabilities to combat the illegal trade in endangered species. Expert teams provide strategic guidance covering intelligence gathering, analysis, dissemination, risk management, and international cooperation. The project also promotes technology empowerment, aiming to promote Zambia's sustainable development and safeguard its green future. This initiative strengthens Zambia's ability to protect its natural resources and combat wildlife crime, contributing to global conservation efforts and fostering a more secure and sustainable environment.

01/27/2026 Customs Knowledge
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Fukushima Wastewater May Affect Australian Coastlines Experts Warn

Fukushima Wastewater May Affect Australian Coastlines Experts Warn

This paper explores the potential impacts of the Fukushima nuclear wastewater discharge on the Australian coastline, encompassing marine ecology, fisheries, and tourism. Australia is strengthening marine monitoring, expanding fisheries testing, and actively engaging in international cooperation to address this challenge and safeguard its marine environment. The focus is on mitigating potential risks and ensuring the long-term health of Australia's coastal ecosystems and industries dependent on them. This proactive approach aims to protect Australia's blue heritage from the potential adverse effects of the discharge.

01/26/2026 Logistics Encyclopedia
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Smart Security Devices Boost Global Trade Efficiency

Smart Security Devices Boost Global Trade Efficiency

A World Customs Organization (WCO) report reveals the profound impact of Smart Security Devices (SSDs) on international trade. SSDs reshape trade by enhancing cargo control, streamlining customs clearance, and ensuring supply chain security. The report emphasizes interoperability, standardization, and international cooperation as crucial for maximizing the potential of SSDs. It explores the advantages and disadvantages of different SSD types, providing guidance for building a safer and more efficient global trade system. This analysis highlights the transformative role of technology in securing and facilitating international commerce.

01/26/2026 Logistics
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WTO and WCO Partner to Enhance Global Trade Living Standards

WTO and WCO Partner to Enhance Global Trade Living Standards

The Director-General of the World Trade Organization (WTO) emphasized the crucial role of collaboration between trade and customs communities in improving global well-being at the World Customs Organization (WCO) Council meeting. By strengthening information sharing, capacity building, and technological innovation, the WTO and WCO can jointly build a more prosperous, equitable, and sustainable global trading system. This cooperation is essential for facilitating trade, ensuring security, and promoting economic development worldwide. The focus is on streamlining processes and fostering a collaborative environment for mutual benefit.

01/26/2026 Customs Knowledge
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Uzbekistan Maldives Boost Customs Audits in Joint Workshop

Uzbekistan Maldives Boost Customs Audits in Joint Workshop

Under the World Customs Organization framework, Uzbekistan and Maldives Customs successfully held an online seminar focusing on the exchange of Post-Clearance Audit (PCA) experiences. The Maldives shared their practices in organizational structure, legal framework, operating procedures, and IT systems, aiming to enhance Uzbekistan's capabilities in PCA. This exchange also strengthened customs cooperation between the two countries, fostering trade facilitation and improving customs administration efficiency. The seminar provided a platform for knowledge sharing and best practice adoption in the area of post-clearance audit.

01/26/2026 Customs Knowledge
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G7 Experts Outline Postquantum Crypto Roadmap for Finance Sector

G7 Experts Outline Postquantum Crypto Roadmap for Finance Sector

The G7 Cyber Expert Group has released a roadmap to coordinate the financial sector's transition to Post-Quantum Cryptography (PQC), addressing security threats posed by quantum computing. The roadmap proposes phased action recommendations, including risk assessment, strategy development, testing and validation, and information sharing. It emphasizes the importance of international cooperation to build a quantum-safe financial future. This initiative aims to proactively mitigate vulnerabilities and ensure the resilience of financial systems against potential quantum attacks, fostering a secure and stable global financial landscape.

01/26/2026 International Settlement
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AI Boosts Crossborder Home Furnishing Customer Service

AI Boosts Crossborder Home Furnishing Customer Service

Kagu E-commerce partnered with Shulex to introduce AI customer service, building a unified service system across all channels to enhance user experience and customer service efficiency. The AI customer service provides 24/7 instant responses with a 90% accuracy rate, significantly improving user satisfaction. Shulex AI customer service is deeply integrated with mainstream cross-border e-commerce business systems, breaking down information silos and enabling a seamless service experience. Both parties will continue to deepen cooperation and explore more scenario-based service innovations.

01/27/2026 Logistics Industry Insights
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