WCO Issues Guidance on Customs Valuation and Transfer Pricing

WCO Issues Guidance on Customs Valuation and Transfer Pricing

The World Customs Organization (WCO) guide aims to harmonize customs valuation and transfer pricing, addressing the challenges posed by related-party transactions. It draws on practical experiences from various countries. The guide seeks to provide clarity and promote consistent application of valuation principles in the context of international trade, especially when dealing with multinational enterprises and their internal pricing policies. This harmonization effort is crucial for ensuring fair revenue collection and preventing trade distortions arising from discrepancies between customs valuation and transfer pricing methodologies.

02/02/2026 Customs Knowledge
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Etsy Resolves Technical Issue for Chinabased Sellers

Etsy Resolves Technical Issue for Chinabased Sellers

The technical glitch affecting Etsy's Mainland China shops due to the DAC7 policy has been resolved, and affected shops are back online. Seller information verification is temporarily suspended; the platform will provide advance notice when re-verification is required. This incident highlighted the discrepancies in how Etsy handles seller information from different countries and regions, prompting the platform to prioritize support for Mainland China sellers. The issue underscored the need for a more unified and equitable approach to international seller management on the Etsy platform.

02/05/2026 Customs Knowledge
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Export Consolidation Guide Customs Packing and Port Tips

Export Consolidation Guide Customs Packing and Port Tips

This article delves into critical issues in export cargo collection operations, including customs clearance, electronic packing lists, and port differences. It clarifies the misconception of 'customs clearance first, then cargo collection' and provides specific explanations for factory container loading at Tianjin Port. The aim is to help freight forwarders enhance their professional skills and ensure smooth export of goods. This includes understanding the nuances of export procedures and documentation required for efficient and compliant shipment processing.

08/21/2025 Logistics Encyclopedia
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Shanghai Port Releases Terminal Timings for Freight Forwarders

Shanghai Port Releases Terminal Timings for Freight Forwarders

This article provides a detailed analysis of the factors influencing dock release times at Shanghai Port, including shipping company policies, customs cut-off times, container gate-in status, and cargo types. It offers practical operational advice aimed at helping freight forwarders understand the key release time points, avoid delays, and ensure smooth cargo shipment. The information helps navigate the complexities of Shanghai Port's release procedures, focusing on proactive measures to mitigate potential issues and streamline the export process.

08/21/2025 Logistics Encyclopedia
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Guide to Efficient General Cargo Consolidation for Shipping

Guide to Efficient General Cargo Consolidation for Shipping

This article focuses on general cargo consolidation, answering frequently asked questions and providing practical guidance. It covers port-specific considerations, cargo classification standards, and consolidation techniques. The aim is to help readers improve consolidation efficiency and reduce operating costs. It offers insights into navigating the complexities of consolidating general goods for shipment, ensuring a smoother and more cost-effective logistics process. This guide serves as a valuable resource for anyone involved in or considering general cargo consolidation.

08/23/2025 Logistics Encyclopedia
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Freight Forwarding Shipping Order Vs Container Loading Notification

Freight Forwarding Shipping Order Vs Container Loading Notification

This article details the differences and connections between the 'Release Order' and 'Packing List' in foreign trade freight forwarding. The Release Order, issued by the shipping company or its agent, serves as the vehicle team's proof for picking up containers. The Packing List, on the other hand, is an instruction from the freight forwarder to the vehicle team for container loading, containing detailed packing information. These two documents work together to ensure the smooth shipment of goods.

08/23/2025 Logistics Encyclopedia
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Freight Forwarding Guide Highlights Common Pitfalls to Avoid

Freight Forwarding Guide Highlights Common Pitfalls to Avoid

Navigating freight consolidation can be tricky, but Luo Ge is here to help! This article addresses common issues encountered during the consolidation process, such as manual processing, re-allocation, pre-Chinese New Year shipments, port selection, and proof of non-shipment. We provide practical advice and solutions to help you avoid pitfalls and master freight consolidation efficiently. Learn how to streamline your shipping and make the most of consolidation services with these helpful tips and insights.

08/22/2025 Logistics Encyclopedia
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Yangshan Port Grapples With Cargo Release Delays

Yangshan Port Grapples With Cargo Release Delays

This paper addresses the issue of cargo not entering Yangshan Port promptly after customs clearance. It analyzes potential reasons, including cargo not physically entering the terminal island and the terminal operating system failing to record information. Corresponding solutions are proposed to help cargo owners understand the process, clarify responsibilities, and ensure smooth cargo shipment. The aim is to streamline operations and prevent delays by identifying and addressing the common causes of post-clearance cargo detention at Yangshan Port.

08/22/2025 Logistics Encyclopedia
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Shipping Firms Adopt Smarter Container Tracking to Cut Costs

Shipping Firms Adopt Smarter Container Tracking to Cut Costs

This article details the importance of "container monitoring" in the freight forwarding industry and the situations that necessitate it. It emphasizes key steps such as starting early, paying attention to second release information, and maintaining communication with all parties. The article also provides advice on how to deal with special circumstances such as vessel delays and customs inspections. The goal is to help freight forwarding practitioners avoid container demurrage and ensure the smooth shipment of goods.

08/22/2025 Logistics Encyclopedia
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Shipping Industry Grapples With Customs and HBL Challenges

Shipping Industry Grapples With Customs and HBL Challenges

This article provides a detailed analysis of common issues in freight forwarding practices, including the application for "Proof of Non-Shipment," customs clearance process handling, and the issuance of House Bills of Lading (HBL). It also explains customs clearance fees in the Shenzhen area, aiming to help foreign trade practitioners better understand and handle related matters. The article serves as a practical guide for navigating the complexities of international shipping and customs procedures, offering valuable insights for streamlining operations.

08/22/2025 Logistics Encyclopedia
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