WCO and SECO Enhance Latin American Trade Via GTFP Initiative

WCO and SECO Enhance Latin American Trade Via GTFP Initiative

The WCO participated in a Latin American trade facilitation event, promoting trade facilitation initiatives. The meeting focused on digitalization and risk management, emphasizing strategic planning and inter-agency cooperation. The WCO reaffirmed its commitment to supporting trade development in the region. Discussions included the importance of streamlined customs procedures and the implementation of international standards to reduce trade barriers and enhance economic growth. The WCO will continue to provide technical assistance and capacity building to support Latin American countries in their trade facilitation efforts.

02/12/2026 Customs Knowledge
Read More
STB Extends Comment Deadline on Rail Freight Switching Rule

STB Extends Comment Deadline on Rail Freight Switching Rule

The U.S. Surface Transportation Board (STB) has extended the comment period for its reciprocal switching rulemaking to December 20th, aiming to address inadequate rail freight service. The proposed rule focuses on reciprocal switching, outlining three key performance standards – service reliability, consistency, and local service – to provide recourse for freight shippers. Diverse perspectives are being considered as the STB seeks to improve rail freight service quality through these reforms. The extension allows for further input on the proposed changes and their potential impact on the industry.

02/11/2026 Logistics Industry Insights
Read More
US Regulators Extend Review of Rail Industry Switching Proposal

US Regulators Extend Review of Rail Industry Switching Proposal

The U.S. Surface Transportation Board (STB) has extended the deadline for comments on “Reciprocal Switching,” aiming to provide rail freight customers with more options, break industry monopolies, and improve service quality. The proposed rule focuses on three performance standards: service reliability, service consistency, and local service inadequacy. It quantifies service levels to protect shipper rights and potentially reshape the U.S. rail industry landscape. The new regulations are intended to ensure fair access and promote competition within the rail network, ultimately benefiting shippers and improving overall rail service.

02/11/2026 Logistics Industry Insights
Read More
STB Extends Deadline for Rail Service Reform Comments

STB Extends Deadline for Rail Service Reform Comments

The US Surface Transportation Board (STB) has extended the deadline for comments on its “Reciprocal Switching” proposal, aiming to improve rail service quality by introducing competition. The proposal focuses on quantifying rail service quality and enhancing operational transparency. However, it faces challenges in defining standards, ensuring data accuracy, and balancing the interests of various stakeholders. The ultimate impact of the final rule on the rail industry remains to be seen. This initiative seeks to foster a more competitive environment and ultimately benefit rail shippers through improved service.

02/11/2026 Logistics Industry Insights
Read More