Cosco Shipping Profits Surge 449 Amid Global Trade Shifts

Cosco Shipping Profits Surge 449 Amid Global Trade Shifts

COSCO SHIPPING Holdings expects a 449% surge in net profit for 2019, reaching 6.76 billion yuan. This significant growth is attributed to its 'outperforming' strategy, global expansion, synergies from the acquisition of Orient Overseas, equity incentives, and asset optimization. These factors enabled the company to effectively navigate external challenges and achieve remarkable performance. Looking ahead, COSCO SHIPPING Holdings will continue to deepen reforms, embrace digital transformation, and solidify its leading position in the global shipping industry.

02/11/2026 Logistics Industry Insights
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Guangdong Streamlines Crossborder Trade to Improve Business Climate

Guangdong Streamlines Crossborder Trade to Improve Business Climate

Guangdong Province has released the "Three Work Plans for Optimizing the Business Environment in 2026," focusing on facilitating cross-border trade. Through institutional innovation and service optimization, the plan aims to promote the high-quality development of "inbound consumption" and boost the quality and efficiency of cross-border consumption and new foreign trade models. The plan revolves around three key aspects: facilitation, standardization, and internationalization, with the goal of creating an efficient, fair, and transparent world-class business environment.

02/11/2026 Customs Knowledge
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Wondershare Filmora 2023 Launches Major Upgrade for Mac Users

Wondershare Filmora 2023 Launches Major Upgrade for Mac Users

Wondershare Filmora for Mac 2023 has received a significant update, comprehensively optimizing features and enhancing the user creation experience. The new version is compatible with older project files, and previously downloaded store resources can still be used. Thank you to users for actively participating in the public beta and providing valuable suggestions for product optimization. Wondershare Filmora will continue to listen to user feedback, continuously optimize and improve, and provide users with a better video editing experience.

02/11/2026 Customs Knowledge
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US Rail Freight Intermodal Rises As Coal Demand Falls

US Rail Freight Intermodal Rises As Coal Demand Falls

Recent US rail freight data indicates strong growth in intermodal business, offsetting declines in traditional coal shipments. Despite economic and geopolitical challenges, the rail industry demonstrates resilience and is poised to maintain its competitive edge through innovation and investment in the future. The increase in intermodal volume highlights the importance of efficient and integrated logistics solutions. This trend suggests a shift towards more sustainable and cost-effective transportation methods, contributing to overall economic logistics and supply chain optimization.

02/11/2026 Logistics
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Manhattan Associates Launches Aidriven Logistics Management System

Manhattan Associates Launches Aidriven Logistics Management System

Manhattan introduces a cloud-native TMS, boasting an 80% improvement in optimization speed. Leveraging machine learning, the system efficiently manages transportation, reduces costs, and enhances competitiveness. This next-generation TMS provides real-time visibility and control across the entire transportation network, enabling businesses to make smarter decisions and improve overall supply chain performance. Its cloud-based architecture ensures scalability and flexibility to adapt to evolving business needs, driving significant value for organizations seeking to optimize their logistics operations.

02/11/2026 Logistics
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Tech Helps Nvoccs Tackle Global Shipping Woes

Tech Helps Nvoccs Tackle Global Shipping Woes

Facing global transportation challenges, Non-Vessel Operating Common Carriers (NVOCCs) need technology to enhance competitiveness. Transportation Management Systems (TMS) help NVOCCs reduce costs, respond quickly to customers, and mitigate risks through data-driven cost optimization, automated quoting, and intelligent contract management. The case of Bolloré Transport & Logistics demonstrates that digital transformation is key for NVOCCs to achieve profit growth. By leveraging TMS and embracing digitalization, NVOCCs can optimize operations, improve efficiency, and ultimately thrive in the evolving logistics landscape.

02/12/2026 Logistics Industry Insights
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Retailers Adapt Strategies Amid Economic Challenges

Retailers Adapt Strategies Amid Economic Challenges

The retail industry is undergoing transformation, contrasting the struggles of large retailers with the rise of smaller brands. Businesses must optimize their supply chains, refine inventory management, enhance customer experience, and embrace digitalization. Key trends include omnichannel integration, livestream e-commerce, artificial intelligence, and metaverse retail. The weak UK market necessitates product structure optimization and streamlined operations. Avoiding common supply chain and logistics errors, mastering retail terminology, and actively participating in 'Small Business Saturday' are crucial for success.

01/27/2026 Logistics Industry Insights
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Ecommerce Supply Chains Drive Sales Growth Boost Imports

Ecommerce Supply Chains Drive Sales Growth Boost Imports

With ample current shipping capacity, e-commerce businesses should seize the opportunity to build up inventory and optimize all aspects of their supply chain. Digital transformation is key to improving efficiency. Establish strong partnerships to create an efficient ecosystem, enabling businesses to navigate market challenges and achieve a win-win situation of increased sales and improved efficiency. Proactive inventory management and supply chain optimization are crucial for capitalizing on current favorable conditions and ensuring future success.

01/27/2026 Logistics Industry Insights
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Newsprint Tariff Compliance Challenges Under HS Code 4707300020

Newsprint Tariff Compliance Challenges Under HS Code 4707300020

Accurate HS code management is crucial for compliant customs clearance and optimized supply chains. This paper uses HS code 4707300020 (newsprint) as an example to emphasize the importance of accurate declaration. It proposes establishing an HS code management system, monitoring policy changes, and utilizing tariff simulators to reduce tariff costs and improve customs clearance efficiency. These measures protect the company's financial interests and enhance its competitiveness by ensuring correct classification and leveraging available tariff optimization strategies.

01/27/2026 HS Code Query
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WCO Enhances Bosnias Tax Authority Risk Management

WCO Enhances Bosnias Tax Authority Risk Management

The World Customs Organization (WCO) supported the Indirect Taxation Authority of Bosnia and Herzegovina (ITA BiH) in enhancing its risk management capabilities through a national workshop. The workshop covered risk assessment, profiling, information management, and resource optimization, fostering exchange between ITA BiH and international experts. This event laid the foundation for ITA BiH to strengthen its risk management system and improve enforcement efficiency. Recommendations included continued international cooperation and domestic collaboration to further improve risk management practices.

01/27/2026 Customs Knowledge
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