Global Trade Program Extended to Strengthen Customs Operations

Global Trade Program Extended to Strengthen Customs Operations

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) have agreed to a no-cost extension of one year for the Global Trade Facilitation Programme (GTFP). Launched in 2018, the GTFP has benefited numerous countries by significantly improving customs management and trade facilitation through capacity building, institutional reforms, cooperation promotion, and technological innovation. This has injected new momentum into global trade development.

01/19/2026 Customs Knowledge
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Starbucks Adjusts Prices Cuts Costs Amid Inflation Pressures

Starbucks Adjusts Prices Cuts Costs Amid Inflation Pressures

Starbucks is accelerating price increases and implementing cost control measures to address pressures from supply chain disruptions and rising labor costs. Digital transformation and efficiency improvements are long-term strategies. The pricing strategy may impact consumer reactions and the competitive landscape, requiring Starbucks to proceed cautiously and seize opportunities. The company faces challenges in balancing profitability with customer loyalty and market share in a competitive environment.

01/19/2026 Logistics Industry Insights
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New IATA Training Enhances Winter Aircraft Deicing Safety

New IATA Training Enhances Winter Aircraft Deicing Safety

IATA has launched a new aircraft de-icing training program to enhance winter flight safety and efficiency. The course covers standards, management, cost considerations, and environmental aspects of de-icing operations. It is designed for aviation professionals involved in ground handling, maintenance, and flight operations, aiming to improve their knowledge and skills in ensuring safe and efficient de-icing procedures during winter weather conditions.

01/20/2026 Logistics Encyclopedia
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Guide to Navigating Londons Stansted Airport STN

Guide to Navigating Londons Stansted Airport STN

This article provides an in-depth analysis of London Stansted Airport (STN/EGSS), offering comprehensive information on its IATA/ICAO codes, geographical coordinates, and elevation. It also includes links to the official website and Wikipedia. Furthermore, the article explores Stansted's role as a low-cost airline hub and its significant impact on regional economic development. Finally, it looks ahead to the future development of the airport.

01/22/2026 Airport Codes
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Amazon Sellers Overlook Key Profitability Strategies Beyond ACOS

Amazon Sellers Overlook Key Profitability Strategies Beyond ACOS

This article reveals the misconception of blindly pursuing low ACOS in Amazon operations. It emphasizes TACOS (Total Advertising Cost of Sales) as a crucial metric for measuring overall product profitability. The article explains the balance between ACOS and TACOS, and how to achieve a win-win situation for both advertising and organic traffic by building a virtuous cycle. Ultimately, the goal is to achieve explosive sales growth.

01/23/2026 Logistics Industry Insights
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Laos Businesses Turn to Vkontakte for Social Media Ads

Laos Businesses Turn to Vkontakte for Social Media Ads

This article provides an in-depth analysis of the requirements, processes, and cost considerations for opening a VKontakte advertising account in Laos. It emphasizes the importance of localized content customization and recommends that businesses seek assistance from professional cross-border advertising service providers. This approach ensures efficient and compliant ad campaigns, ultimately leading to successful penetration of the Lao social media market and capitalizing on its potential.

01/23/2026 International Settlement
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Trucking Industry Shows Early Signs of Recovery FTR Index

Trucking Industry Shows Early Signs of Recovery FTR Index

The FTR Trucking Conditions Index (TCI) indicates emerging signs of recovery in the trucking industry, despite ongoing market challenges. Improved capacity utilization is a key driver, with experts forecasting market conditions to turn positive by the end of 2024. Trucking companies should focus on optimizing operations, strengthening cost control, enhancing service quality, and actively embracing technological innovation to prepare for a more favorable operating environment.

01/21/2026 Logistics Industry Insights
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North American Class 8 Truck Orders Drop Sharply Amid Supply Chain Issues

North American Class 8 Truck Orders Drop Sharply Amid Supply Chain Issues

North American Class 8 truck orders experienced a significant decline in May, impacted by both supply chain bottlenecks and demand uncertainty. While demand persists, limited production capacity and cost pressures have led manufacturers to be cautious in accepting orders. The future market faces multiple challenges, including macroeconomic factors and technological shifts. Fleets, manufacturers, and policymakers need to collaborate to navigate these complexities with cautious optimism.

01/28/2026 Logistics Industry Insights
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Forklift Leasing Gains Edge Over Buying for Logistics Savings

Forklift Leasing Gains Edge Over Buying for Logistics Savings

Logistics companies need to be cautious when making forklift fleet procurement decisions. Leasing offers flexibility but can have high hidden costs. Purchasing grants ownership but requires significant upfront investment. Companies should comprehensively consider their financial situation and business needs to choose the most suitable option for cost reduction and efficiency improvement. This white paper provides an in-depth analysis of various options, helping businesses make informed decisions.

01/28/2026 Logistics Industry Insights
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Mexicos Nearshoring Boom Alters Global Supply Chains

Mexicos Nearshoring Boom Alters Global Supply Chains

Moody's Analytics Director Alfredo Coutino discusses the nearshoring trend, highlighting Mexico's advantages as an ideal destination, including its geographic location, cost-effectiveness, and trade relationships. However, he also cautions companies to pay attention to Mexico's labor force, regulations, and potential risks in order to fully capitalize on nearshoring opportunities. Companies should carefully consider these factors to ensure a successful and beneficial nearshoring strategy in Mexico.

01/27/2026 Logistics Industry Insights
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