Bolivia Customs Boosts Trade Efficiency with WCO Study

Bolivia Customs Boosts Trade Efficiency with WCO Study

The World Customs Organization (WCO) successfully conducted an online Time Release Study (TRS) workshop for Bolivian Customs, aiming to enhance trade facilitation in Bolivia. By reviewing processes, optimizing questionnaires, and preparing pilot projects, Bolivian Customs is ready for TRS implementation. The goal is to reduce goods release times, lower costs for businesses, improve the investment climate, and enhance national competitiveness. The TRS will help identify bottlenecks and inefficiencies in the customs clearance process, leading to targeted reforms and improvements.

01/05/2026 Customs Knowledge
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WCO Assessment Enhances Zambias Trade Facilitation Efforts

WCO Assessment Enhances Zambias Trade Facilitation Efforts

The World Customs Organization (WCO) conducted a trade facilitation capacity assessment in Zambia, focusing on time release studies, coordinated border management, data harmonization, and single window development. The assessment provided specific recommendations aimed at enhancing internal capabilities within the Zambia Revenue Authority (ZRA) and establishing a timeline for implementing the time release study. This supports Zambia's trade facilitation reforms by identifying areas for improvement and offering a roadmap for achieving greater efficiency in customs procedures and border management.

01/20/2026 Customs Knowledge
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Consolidated Shipping The New Trend and Advantages of International Air Freight

Consolidated Shipping The New Trend and Advantages of International Air Freight

Consolidated shipping is a method of combining multiple shipments through an air freight forwarding company. This approach not only reduces shipping costs but also expands the range of air services, benefiting shippers. Additionally, shippers can settle accounts in advance through the agent, facilitating international trade. The specific process involves the creation of master and house bills of lading, as well as the receipt and distribution of goods. However, it is important to note that consolidated shipping is not suitable for valuable items or special cargo.

07/22/2025 Logistics Encyclopedia
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North American Intermodal Growth Rises on Domestic Container Demand

North American Intermodal Growth Rises on Domestic Container Demand

The Intermodal Association of North America (IANA) reports a 4.5% year-over-year increase in North American intermodal volume in Q1, with domestic container shipments leading the growth. Lower fuel costs, improved service, and railway investments are key drivers. Experts note that transloading and base effects also contribute. International container growth exceeded expectations, while trailer volume decline narrowed. Intermodal marketing companies saw revenue growth despite lower loadings. The outlook for the intermodal market is positive, suggesting opportunities for businesses to capitalize on the momentum.

01/29/2026 Logistics
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US Stocks Drop on Ukraine Ceasefire Hopes Tech Volatility

US Stocks Drop on Ukraine Ceasefire Hopes Tech Volatility

The Americas market started December on a weak note, with stock market volatility. Broadcom and Costco declined, while Tesla bucked the trend with gains. Progress in Ukraine ceasefire negotiations put downward pressure on oil prices. Investors should closely monitor geopolitical dynamics and corporate earnings, diversify their portfolios, and maintain patience and rationality. The market's initial December performance underscores the importance of a well-balanced investment approach in the face of ongoing uncertainty and potential market fluctuations. Careful consideration of these factors is crucial for informed decision-making.

01/30/2026 Exchange Rate Query
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Paperless Export Clearance Boosts Global Trade Efficiency

Paperless Export Clearance Boosts Global Trade Efficiency

This paper delves into paperless export release, highlighting its advantages such as improved customs clearance efficiency and reduced operating costs. It details the preparations and considerations for implementing paperless export release, aiming to help companies better understand and utilize paperless customs clearance policies. By streamlining processes and minimizing paperwork, this approach significantly enhances customs clearance efficiency, fostering foreign trade development and reducing delays associated with traditional paper-based procedures. The study emphasizes the importance of digital infrastructure and data security for successful implementation.

08/21/2025 Document Interpretation
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Key Freight Terms and Cargo Handling in Global Trade Explained

Key Freight Terms and Cargo Handling in Global Trade Explained

This paper delves into critical aspects of freight forwarding practice, including the significance of the Bill of Lading's declared value, the basis for cargo damage claims, the definition of non-containerized shipments, customs clearance procedures, the distinction between 'first release' and 'second release', the concepts of LCL consolidation and cooperative stuffing, and the division of responsibilities between buyers and sellers under DDU terms. It aims to provide practical guidance for professionals in the foreign trade industry, clarifying key operational procedures and liabilities.

08/22/2025 Logistics Encyclopedia
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Amazon Sellers Guide to Costeffective Ocean Freight

Amazon Sellers Guide to Costeffective Ocean Freight

This article provides a detailed analysis of common ocean freight methods used in Amazon, including FCL, LCL, combined consolidation, break bulk, and refrigerated transport. It also explores release strategies such as telex release, ocean bill of lading, and sea waybill. The aim is to offer professional guidance for Amazon sellers in choosing the optimal ocean freight solutions, helping them optimize cross-border logistics, reduce costs, and improve efficiency. This comprehensive guide empowers sellers to make informed decisions and streamline their shipping processes.

01/07/2026 Logistics Encyclopedia
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Cape Verde Customs Modernizes with WCO Support

Cape Verde Customs Modernizes with WCO Support

The WCO, through the WACAM project, is assisting Cape Verde Customs in optimizing customs clearance procedures. A Time Release Study (TRS) was conducted to improve trade efficiency, reduce costs, and attract investment. The TRS aims to identify bottlenecks in the clearance process and provide recommendations for streamlining procedures. This initiative supports Cape Verde's efforts to enhance its competitiveness and integrate more effectively into the global trading system. The focus is on faster release times, which directly benefits businesses and promotes economic growth.

01/07/2026 Customs Knowledge
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Cape Verde Customs Boosts Trade Efficiency with Wcobacked Study

Cape Verde Customs Boosts Trade Efficiency with Wcobacked Study

The World Customs Organization (WCO), through the WACAM project, supported Cape Verde Customs in preparing its first Time Release Study (TRS) to improve clearance efficiency and comply with the WTO Trade Facilitation Agreement. A workshop facilitated collaboration between customs officials and stakeholders, leading to the development of an action plan. This initiative not only enhances trade facilitation in Cape Verde but also provides a valuable reference for other developing countries. The TRS aims to identify bottlenecks and streamline processes for faster goods release.

01/26/2026 Customs Knowledge
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