WCO OECD Align Customs and Transfer Pricing to Boost Trade

WCO OECD Align Customs and Transfer Pricing to Boost Trade

A joint workshop by the World Customs Organization (WCO) and the Organisation for Economic Co-operation and Development (OECD) aimed to enhance the expertise of customs and tax authorities in customs valuation and transfer pricing. It promoted cooperation to resolve tax disputes and trade frictions arising from valuation differences. The workshop included rule learning, practical exchanges, and provided WCO guidelines as reference. Future efforts will focus on deepening collaboration to build a fair trade environment by addressing valuation challenges and fostering international cooperation.

02/03/2026 Customs Knowledge
Read More
Keys to Building Highperforming Teams Through Collaboration

Keys to Building Highperforming Teams Through Collaboration

This article delves into the key elements of building an exceptional team, including a shared vision, effective communication, role allocation, continuous learning, incentive mechanisms, and leadership. Through a case study of a logistics team, it demonstrates how to apply these elements in practice, thereby enhancing team collaboration efficiency and overall competitiveness. The case study highlights the importance of fostering a supportive environment and empowering team members to contribute their best. Ultimately, the paper argues that a well-structured and motivated team is crucial for achieving organizational success.

07/25/2025 Logistics
Read More
Freight Forwarding Basics Booking and Port Entry Guide

Freight Forwarding Basics Booking and Port Entry Guide

This article is designed for freight forwarding beginners, providing a detailed breakdown of the process from releasing the order to gate-in, along with practical operational advice. Through the analysis of a help case from a newbie freight forwarder named Xiao Ma, it emphasizes the importance of learning, communication, and attention to detail. The aim is to help beginners get started quickly, solve practical problems, and enhance their competitiveness in the industry. It serves as a comprehensive guide to navigate the initial stages of freight forwarding.

08/23/2025 Logistics Encyclopedia
Read More
Trade Documentation Guide How to Avoid Common Mistakes

Trade Documentation Guide How to Avoid Common Mistakes

This article, based on the user profile of Sherry_2007 on the Consolidation Shipping Guide forum, explores the challenges faced by newcomers in foreign trade documentation and offers advice. It emphasizes the importance of information acquisition, practical experience, communication skills, and risk awareness, as well as the value of utilizing forum platforms for learning and exchange. The article encourages beginners to actively participate, continuously learn, and ultimately become excellent documentation specialists. It highlights key areas for focus and provides a pathway to success in the field.

08/23/2025 Document Interpretation
Read More
Chinese Delivery Giants Expand Globally Amid Domestic Rivalry

Chinese Delivery Giants Expand Globally Amid Domestic Rivalry

Chinese express delivery companies are accelerating their international expansion to cope with increasing domestic market competition. By building aviation hubs, overseas warehouses, learning from international giants, seizing RCEP opportunities, leveraging industrial synergy advantages, and capitalizing on cross-border e-commerce dividends, Chinese express companies are expected to achieve breakthrough growth in the international market. However, they still need to address challenges such as market access and cultural differences. This internationalization drive signifies a strategic shift for these companies as they navigate a complex global landscape.

09/28/2025 Logistics Industry Insights
Read More
WCO and Japan Launch Global Customs Training Program

WCO and Japan Launch Global Customs Training Program

The WCO-Japan Career Development Programme (CDP) is considered a prestigious training ground for customs professionals globally, aiming to enhance the expertise of customs officials from various countries and foster international cooperation. The program combines theoretical learning with practical exercises, providing participants with comprehensive career development opportunities. It contributes to global trade facilitation and security by equipping customs officers with the necessary skills and knowledge to navigate complex international trade environments. The CDP plays a vital role in building capacity within customs administrations worldwide.

01/05/2026 Customs Knowledge
Read More
Risk Management Essentials CRMS Model and Key Strategies

Risk Management Essentials CRMS Model and Key Strategies

This paper delves into the golden rules of risk management, learning curves, and the CRMS® model. It emphasizes the significance of non-subjective standards, dynamic risk profiling, system encryption, and automated processes in risk assessment. Furthermore, it elucidates technology-driven and demand-pull innovation models, along with the application of econometrics within the CRMS® model. The aim is to provide readers with a comprehensive and practical knowledge framework for risk management, highlighting key principles and methodologies for effective risk mitigation and strategic decision-making.

01/05/2026 Customs Knowledge
Read More
Madrid Emerges As Hub for Corporate Training Centers

Madrid Emerges As Hub for Corporate Training Centers

This report analyzes Madrid's strategic importance as Spain's economic and cultural hub for training center location. Madrid boasts a strong economy and rich cultural heritage. Locating a training center here offers convenient transportation and proximity to cultural and entertainment centers, providing students with an efficient learning environment and a vibrant extracurricular life. This enhances the appeal of training programs and contributes to talent development. The analysis highlights the benefits of choosing Madrid for a training center, emphasizing its advantages for both students and the institution.

01/05/2026 Logistics Encyclopedia
Read More
WCO Initiative Enhances Trade Efficiency in Central Asia Caucasus

WCO Initiative Enhances Trade Efficiency in Central Asia Caucasus

The World Customs Organization (WCO) held a Time Release Study (TRS) workshop for the Central Asia and Caucasus region in Georgia, aiming to improve regional trade efficiency. Through theoretical learning, field visits, and technical training, participants gained in-depth knowledge of the TRS methodology and developed national action plans. The WCO is committed to promoting connectivity across the Trans-Caspian Corridor, injecting new vitality into regional economic development. The workshop emphasized the importance of streamlined customs procedures for boosting trade along the Central Asia Corridor.

12/30/2025 Customs Knowledge
Read More
Airline Industry Focuses on Passenger Experience and Efficiency

Airline Industry Focuses on Passenger Experience and Efficiency

Global air passenger volume is projected to double by 2037. To address this challenge, this paper emphasizes the importance of a passenger-centric approach and explores how embracing new technologies and continuous learning can enhance both passenger experience and operational efficiency. The article also mentions the provision of specialized passenger experience courses to help industry professionals improve their skills. This focus on innovation and skill development is crucial for meeting the growing demands of the aviation industry and ensuring a positive travel experience for all passengers.

12/30/2025 Logistics Industry Insights
Read More