3PL Growth Drives Industrial Real Estate Shift Amid Ecommerce Decline

3PL Growth Drives Industrial Real Estate Shift Amid Ecommerce Decline

A recent CBRE report highlights the dominance of 3PL providers in the industrial real estate leasing market, while noting a decline in retail e-commerce demand. Businesses should capitalize on 3PL outsourcing opportunities to optimize supply chain management and embrace a more specialized and efficient approach. Active industrial real estate leasing areas include Southern California's Inland Empire, the I-78/I-81 Corridor in Pennsylvania, and the Dallas-Fort Worth region. This trend underscores the growing importance of strategic partnerships and optimized logistics networks in today's dynamic business environment.

3PL Firms Lead US Industrial Real Estate Leasing Boom

3PL Firms Lead US Industrial Real Estate Leasing Boom

A CBRE report indicates that 3PL companies led US industrial real estate leasing in the first half of 2025, significantly outpacing retail e-commerce. The outsourcing of warehousing and supply chain operations by e-commerce businesses is a key driver behind the surge in 3PL demand. The Inland Empire region of Southern California remains the most active market for industrial property leasing. This trend highlights the increasing reliance on third-party logistics providers to manage the complexities of modern supply chains, particularly within the rapidly growing e-commerce sector.

Global Cancer Diagnostics Market to Hit 123B by 2029

Global Cancer Diagnostics Market to Hit 123B by 2029

The global cancer diagnostics market is projected to experience steady growth through 2025, driven by technological advancements and the increasing adoption of personalized medicine. Molecular diagnostics are expected to lead the market, with the Asia-Pacific region presenting significant growth opportunities. Key success factors include innovation in diagnostic techniques and collaborative partnerships between industry players and research institutions. The market is witnessing a shift towards more precise and less invasive diagnostic methods, leading to improved patient outcomes and more effective treatment strategies. This trend is expected to continue shaping the future of cancer diagnostics.

Latin America Trade Grows with Enhanced Tax Customs Program

Latin America Trade Grows with Enhanced Tax Customs Program

The IMF and the Spanish Institute for Fiscal Studies jointly concluded a senior seminar on tax and customs administration in Central and South America. This seminar aimed to enhance the strategic skills of tax and customs officials in the region. Using a blended online and offline format, the course covered various aspects of tax and customs management. A fifth session is planned for late November, focusing on developing modern management skills and improving voluntary compliance. The program is designed to foster more effective and efficient tax and customs systems.

Asiapacific Customs Adopt WCO Ecommerce Compliance Standards

Asiapacific Customs Adopt WCO Ecommerce Compliance Standards

The 2021 WCO Asia-Pacific Regional Seminar focused on cross-border e-commerce compliance, aiming to promote the effective implementation of the WCO E-Commerce FoS Framework in the Asia-Pacific region. The conference brought together various stakeholders to discuss core issues such as advance electronic data, data exchange, and tax collection. Participants shared experiences, explored challenges, and laid the foundation for building a secure and efficient cross-border e-commerce ecosystem. The pandemic has accelerated the development of e-commerce, further highlighting the importance of the framework.

Wcos WACAM Project Modernizes HR in West and Central African Customs

Wcos WACAM Project Modernizes HR in West and Central African Customs

The WCO-WACAM project supports the modernization and upgrade of human resource management in customs administrations in West and Central Africa. Through regional workshops and technical assistance, it assists customs agencies in the region to reform their HR management systems. The project aims to build a competency-based HR management system, improve the overall quality and efficiency of customs staff, and promote trade facilitation and economic development. The initiatives are designed to enhance customs workforce capabilities and contribute to regional economic growth by streamlining customs processes and improving overall performance.

WCO JICA Boost Customs Valuation in Southern Africa

WCO JICA Boost Customs Valuation in Southern Africa

The WCO and JICA collaborated on an MTP project to train customs valuation officers from five Southern African countries. This initiative aimed to enhance regional customs capacity and facilitate trade development in the region. The project focused on building expertise in customs valuation techniques and promoting international cooperation among customs administrations. Ultimately, the goal was to improve the efficiency and effectiveness of customs operations, contributing to economic growth and regional integration. The training program covered various aspects of customs valuation, ensuring participants gained a comprehensive understanding of the subject matter.

Asiapacific Rail Freight Expands with WCO Digital Customs Push

Asiapacific Rail Freight Expands with WCO Digital Customs Push

The World Customs Organization (WCO) successfully held its first Asia-Pacific Railway Seminar in Seoul, Korea, aiming to promote the standardization and digital transformation of customs procedures for rail transport. The conference focused on the WCO Railway Guide, simplified customs procedures, the application of advanced technologies, and international cooperation. This initiative is expected to inject new momentum into the development of rail freight in the Asia-Pacific region and further promote regional economic growth. The seminar provided a platform for discussion and collaboration among stakeholders in the railway and customs sectors.

Asiapacific Customs Intensifies Plastic Waste Crackdown with WCO Backing

Asiapacific Customs Intensifies Plastic Waste Crackdown with WCO Backing

The World Customs Organization (WCO) is assisting Indonesian and Philippine Customs in enhancing their plastic waste management capabilities through a virtual diagnostic mission, addressing the challenges posed by the Basel Convention amendments. This project aims to strengthen customs control over plastic waste in the Asia-Pacific region, combat illegal shipments, and raise awareness of the Convention. The WCO will develop an implementation plan and host regional workshops to foster cooperation and collectively address the plastic waste challenge. The initiative underscores the importance of customs in tackling environmental crime and promoting sustainable waste management practices.

Asiapacific Customs Centers Boost Remote Training

Asiapacific Customs Centers Boost Remote Training

The 19th Meeting of Heads of WCO Asia Pacific Regional Training Centers (RTCs) focused on remote training, discussing challenges and best practices. RTCs shared experiences, emphasizing the importance of cooperation and highlighting the need to enhance data analysis skills. The meeting aimed to promote customs capacity building and modernization in the Asia-Pacific region through collaborative efforts and the adoption of innovative training methodologies. Key discussions revolved around improving the effectiveness and accessibility of remote training programs to better equip customs officers with the necessary skills for the future.