Armenia Boosts Customs Oversight with WCO Risk Management Aid

Armenia Boosts Customs Oversight with WCO Risk Management Aid

The World Customs Organization (WCO) supports Armenia in enhancing its customs risk management and post-clearance audit capabilities, aiming to establish an efficient "Blue Lane" to promote trade facilitation. Through diagnostic assessments, the development of risk management systems, the improvement of post-clearance audit systems, and the construction of the "Blue Lane," Armenian Customs is moving towards modernization and intelligence. This progress contributes significantly to trade security and economic development.

02/03/2026 Customs Knowledge
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WCO Aids Bosnias Tax Authority in Risk Management Boost

WCO Aids Bosnias Tax Authority in Risk Management Boost

Funded by the WCO's Eurocustoms Fund, a risk management workshop was held for the Indirect Taxation Authority of Bosnia and Herzegovina (ITA BiH) to enhance its risk management capabilities. The workshop covered risk assessment, analysis, and response strategies, sharing international best practices. This initiative aims to lay the foundation for a robust risk management system within ITA BiH, ultimately improving tax collection efficiency and combating illicit activities. The training will help the ITA BiH better identify and mitigate potential threats, leading to more effective and secure customs operations.

02/03/2026 Customs Knowledge
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Amazon Sellers Focus on Inventory Risk Management for Q4

Amazon Sellers Focus on Inventory Risk Management for Q4

Prepare for peak season by avoiding FBA cutoff misconceptions; new accounts should ship early. Proceed cautiously, managing risk. Early shipping reduces costs; focus on key elements like capital, product selection, and logistics. Prioritize careful planning and execution to ensure a smooth and profitable peak season. Avoid overstocking and ensure sufficient buffer time for potential delays in shipping and processing.

02/03/2026 Logistics Industry Insights
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Etsy Sellers Guide to Product Selection and Risk Management

Etsy Sellers Guide to Product Selection and Risk Management

This article provides an in-depth analysis of Etsy product selection strategies and key operational points. It emphasizes the importance of accurately identifying target customer needs, capitalizing on holiday and cultural opportunities, and tracking social media trends. Furthermore, it details critical operational considerations such as cybersecurity, creative standards, and payment methods. This comprehensive guide aims to empower Etsy sellers with the knowledge and tools necessary to navigate the competitive marketplace and achieve success in their online businesses.

02/05/2026 Logistics Industry Insights
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Sierra Leones NRA Enhances Talent Management for Tax Efficiency

Sierra Leones NRA Enhances Talent Management for Tax Efficiency

The National Revenue Authority (NRA) of Sierra Leone, with support from the World Customs Organization (WCO), launched a Human Resources Modernization Upgrade Program. This initiative aims to build a professional and efficient tax workforce by establishing a competency-based HR system, ultimately improving tax collection efficiency, optimizing the business environment, and contributing to national economic development. The program includes components such as diagnostic assessments, capacity building initiatives, and regional cooperation. It provides valuable experience for other developing countries' tax agencies seeking to modernize their HR practices.

02/05/2026 Customs Knowledge
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Global Logistics Guide Focuses on Timely Delivery Risk Management

Global Logistics Guide Focuses on Timely Delivery Risk Management

This paper provides an in-depth analysis of the entire international logistics process, from pre-shipment preparation to final delivery. It systematically examines key time nodes, reveals potential risks, and offers corresponding mitigation strategies. By mastering these crucial time points, identifying potential hazards, and implementing appropriate responses, businesses can effectively improve logistics efficiency, reduce operating costs, and ensure the safe and punctual delivery of goods. This approach helps optimize the supply chain and minimize disruptions.

02/05/2026 Logistics Encyclopedia
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Pinduoduos Profit Growth Raises Questions About Temus Global Expansion

Pinduoduos Profit Growth Raises Questions About Temus Global Expansion

Pinduoduo's Q3 financial report is impressive, with net profit soaring nearly 6 times, significantly outperforming its peers in revenue and profit growth. The growth is mainly attributed to increased advertising and commission revenue, as well as reduced losses in Duoduo Maicai. Increased marketing expenses were primarily used to promote its overseas platform, Temu. Pinduoduo's scale has surpassed eBay, leading the industry in growth rate. The success or failure of Temu will be a crucial variable for future performance.

01/06/2026 Logistics Industry Insights
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WCO Program Boosts Botswana Customs Tax Reform Efforts

WCO Program Boosts Botswana Customs Tax Reform Efforts

The WCO conducted a leadership workshop in Botswana to enhance the capabilities of Botswana Unified Revenue Service (BURS) managers and promote tax reform. This initiative, funded by Finland, highlights the crucial role of leadership in driving customs modernization and organizational effectiveness. The workshop aimed to equip BURS personnel with the necessary skills and knowledge to lead effectively, contributing to improved revenue collection and overall efficiency. Capacity building through leadership development is a key component of sustainable customs modernization efforts.

01/20/2026 Customs Knowledge
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Namibia Enhances Trade Efficiency with Zambias ASYCUDA Expertise

Namibia Enhances Trade Efficiency with Zambias ASYCUDA Expertise

The Namibian Revenue Agency (NamRA) benchmarked the ASYCUDA World system at the Zambia Revenue Authority (ZRA), learning best practices in electronic payments and valuation control. This aims to enhance NamRA's automation, effectively implement the WTO Trade Facilitation Agreement, and promote trade development. This collaboration exemplifies South-South cooperation and highlights the WCO's role in advancing global trade facilitation. NamRA seeks to improve its customs processes by adopting ZRA's successful strategies, ultimately contributing to increased efficiency and reduced trade costs.

01/22/2026 Customs Knowledge
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3PL Market Sees Strong Growth Higher Profits TIA Report

3PL Market Sees Strong Growth Higher Profits TIA Report

The TIA report indicates a robust growth in the third-party logistics (3PL) industry during Q2 2014. The report highlights increases across key metrics including freight volume, revenue, revenue per shipment, and gross margin. This signifies a period of strong performance and profitability for the 3PL sector, suggesting positive trends in the overall logistics landscape during that period. The report provides valuable insights into the factors driving this growth and its implications for stakeholders in the industry.

02/04/2026 Logistics Industry Insights
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