Cosco Shipping Releases Innovative Digital Supply Chain Products And Industry Solutions

Cosco Shipping Releases Innovative Digital Supply Chain Products And Industry Solutions

At the 2024 Global Supply Chain Partnership Conference, COSCO Shipping Holdings launched three digital supply chain products and two industry solutions aimed at driving innovation in full-chain services. The new products, 'Flexi-Match,' 'Sea-Rail Connect,' and 'Global Easy,' focus on customer-selected services, integrated transportation modes, and one-stop global logistics, providing customers with a more flexible and convenient logistics experience, further promoting innovation in the supply chain ecosystem.

06/28/2024 Logistics
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Promoting Collaborative Innovation in the Logistics Industry: Southwest Railway and Beibu Gulf Port Join Forces to Build a New Model of Iron-sea Intermodal Transport

Promoting Collaborative Innovation in the Logistics Industry: Southwest Railway and Beibu Gulf Port Join Forces to Build a New Model of Iron-sea Intermodal Transport

The southwestern region's railway collaborates with the Beibu Gulf port to promote the development of intermodal transportation. A multi-stakeholder seminar breaks down barriers between transport modes and enhances logistical connectivity. Three major railway bureaus and several companies have jointly introduced favorable pricing policies aimed at reducing logistics costs and improving customer service. This innovative cooperation injects new vitality into the logistics industry in the southwestern area, signaling the formation of a more efficient channel for overseas shipping.

Global Moving Guide Tips for Overseas Shipping and Providers

Global Moving Guide Tips for Overseas Shipping and Providers

This article provides a detailed guide to shipping personal effects overseas, covering the process, required documents, selection of customs brokers and shipping companies, and recommendations for professional companies. The goal is to assist readers in successfully completing international moves. It emphasizes the importance of early consultation and comparison shopping, offering practical advice on packing, insurance, and navigating customs regulations. Proper planning and research are crucial for a smooth and cost-effective relocation experience. Consider factors like transit time and potential storage needs.

Shanghais Yangshan Port Streamlines Export Returns for Businesses

Shanghais Yangshan Port Streamlines Export Returns for Businesses

This article focuses on export return customs declaration at Shanghai Yangshan Port, providing a detailed analysis of the return process, required documents, and common issues. It emphasizes the importance of choosing a professional customs broker. The article aims to provide practical guidance for foreign trade enterprises, helping them efficiently and compliantly handle export returns and reduce operating costs. It serves as a useful resource for navigating the complexities of export return procedures at Yangshan Port, ensuring smooth and cost-effective operations.

WCO Seeks to Streamline Global Trade Classification Standards

WCO Seeks to Streamline Global Trade Classification Standards

The World Customs Organization's midterm report affirms the HS's central role and recommends improvements to its usability and functionality to address evolving trade patterns. The report encourages active participation from all parties in the assessment process. The focus is on ensuring the Harmonized System remains a relevant and effective tool for international trade classification and customs procedures in a rapidly changing global landscape. This will involve streamlining processes and adapting to new technologies to enhance its overall effectiveness and accessibility.

Iran Joins Istanbul Convention to Enhance Trade

Iran Joins Istanbul Convention to Enhance Trade

Iran has officially joined the Istanbul Convention, becoming the 68th contracting party, marking a significant step in its international trade facilitation efforts. The Convention, and its core ATA Carnet system, aims to simplify customs procedures, reduce trade costs, and promote cross-border movement of goods. This accession is of great importance for Iran itself and the development of global trade by streamlining temporary import/export processes and fostering economic cooperation. The ATA Carnet simplifies customs procedures for temporary admission of goods.

Wcos Mercator Program Boosts Palestinian Trade Efficiency

Wcos Mercator Program Boosts Palestinian Trade Efficiency

The WCO commended Palestine's Mercator Program for its contributions to customs modernization and trade facilitation, supporting the implementation of the WTO Agreement. The WCO expressed its anticipation for deepened cooperation to further promote Palestine's economic development. The Mercator Program has significantly aided in streamlining customs procedures, reducing trade costs, and enhancing the overall efficiency of cross-border trade, aligning with international standards and best practices. The WCO looks forward to continued collaboration to build upon these achievements and foster sustainable economic growth.

WCO Enhances Tanzania Revenue Authoritys Capacity Via Partnership

WCO Enhances Tanzania Revenue Authoritys Capacity Via Partnership

The World Customs Organization (WCO) and the Tanzania Revenue Authority (TRA) are deepening their cooperation through a project funded by the Norwegian Agency for Development Cooperation (Norad). This initiative aims to enhance the TRA's capabilities in key areas such as commodity classification and valuation. The collaboration involves joint needs assessments, the introduction of project management methodologies, and coordination with other cooperative projects. The overall goal is to facilitate trade, improve customs management in Tanzania, and contribute to the country's economic development.

WCO Revises Origin Rules Guide Cites Nigeria Case

WCO Revises Origin Rules Guide Cites Nigeria Case

The World Customs Organization (WCO) has updated its 'Guidelines for Responding to Origin Violations,' adding a new case study from Nigeria. This aims to analyze origin violations through real-world examples, providing solutions to help customs administrations enhance their risk identification and response capabilities, and maintain international trade order. The guidelines cover violations such as false declarations, non-compliance with rules, and document forgery. It also offers response measures including risk assessment, document review, and physical inspection to combat these violations effectively.

SECOWCO GTFP Phase II Aims to Enhance Global Trade

SECOWCO GTFP Phase II Aims to Enhance Global Trade

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) officially launched the second phase of the Global Trade Facilitation Programme (GTFP). This initiative aims to build upon the achievements of the first phase, further promoting international trade development, strengthening customs organizational capacity, and fostering the application of international standards and best practices. It seeks to inject new vitality into global trade facilitation and contribute to the construction of an open, inclusive, balanced, and win-win global trade system.