Shanghai Intensifies Crackdown on Export Tax Fraud

Shanghai Intensifies Crackdown on Export Tax Fraud

Shanghai tax authorities have cracked down on export tax rebate fraud, investigating Shanghai Jinhui Investment Industry Co., Ltd. and Ru Chen International Trade (Shanghai) Co., Ltd. in two separate cases. The individuals involved have been severely punished by law, demonstrating the tax authorities' determination to maintain tax order and safeguard national financial security. The crackdown underscores the commitment to preventing economic crimes related to export tax rebates and ensuring fair trade practices.

02/11/2026 Customs Knowledge
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US Rail Freight Sees Carload Drop Intermodal Growth

US Rail Freight Sees Carload Drop Intermodal Growth

The US rail freight market presents a mixed picture: carload volume is declining year-over-year, influenced by energy transition and supply chain diversification. Conversely, intermodal transportation is experiencing robust growth, driven by the rise of e-commerce, policy support, and its inherent advantages. Logistics companies should capitalize on intermodal opportunities by increasing investment, expanding networks, and providing customized solutions. Furthermore, focusing on sustainable development is crucial for long-term success in this evolving landscape.

02/11/2026 Logistics
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US Rail Freight Decline Points to Economic Slowdown

US Rail Freight Decline Points to Economic Slowdown

According to the Association of American Railroads, U.S. rail freight traffic decreased by 3.7% year-over-year for the week ending May 21, while intermodal traffic fell by 4.5%. Coal and chemical shipments increased, while grain and metals declined. Year-to-date, freight traffic is up 0.4%, but intermodal traffic is down 6.8%. The decline in rail freight could signal an economic slowdown, requiring proactive responses from railway companies and increased investment from the government.

02/11/2026 Logistics
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Arrive Logistics Raises 300M for Tech and Expansion

Arrive Logistics Raises 300M for Tech and Expansion

Arrive Logistics secured over $300 million in funding led by ATL Partners to fuel technology innovation, service expansion, and team growth. A key investment will be directed towards its proprietary Transportation Management System (TMS). The company aims to expand its Less-Than-Truckload (LTL) and Intermodal services. Arrive Logistics plans to invest $30 million annually for the next five years in technology research and development, focusing on enhancing the experience for both customers and carriers.

02/11/2026 Logistics
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Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

The Swiss SECO, in collaboration with the WCO, has launched the "Global Trade Facilitation Programme" with an investment of 5.5 million Swiss francs. This initiative aims to enhance trade competitiveness and integration into the global economy for developing and transition countries, fostering sustainable development. The programme focuses on organizational capacity building, technical assistance, and WCO capacity building support. Bolivia, Colombia, Peru, and Uzbekistan are among the first countries to benefit from this project.

01/20/2026 Customs Knowledge
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Kismayu Airport Releases Key Operational and Geographic Data

Kismayu Airport Releases Key Operational and Geographic Data

This document provides key operational data and geographical information for Kismayo Airport in Somalia, including IATA/ICAO codes, altitude, and latitude/longitude coordinates. A Wikipedia link is included to supplement information on the airport's history and infrastructure. This data serves as a foundation for route planning, risk assessment, and investment decisions related to Kismayo Airport and its surrounding region. It offers a concise overview of essential airport characteristics and relevant external resources for further investigation.

01/20/2026 Airport Codes
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Guide to Converting AED to CNY Efficiently

Guide to Converting AED to CNY Efficiently

Say goodbye to exchange rate hassles! This currency converter provides real-time AED to CNY exchange rates, trend analysis, and convenient conversion functions, helping you accurately grasp exchange rate dynamics and reduce cross-border transaction costs. Make your UAE trip or investment easier and more efficient with precise exchange rate information. Convert Dirham to Yuan and stay updated on the latest currency fluctuations. Simplify your financial transactions and optimize your currency exchange strategy.

01/20/2026 Exchange Rate Query
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Tech Investments Boost Efficiency in Warehouse and Logistics Sector

Tech Investments Boost Efficiency in Warehouse and Logistics Sector

This paper delves into how to enhance the effectiveness of warehouse logistics personnel through technology investment. The report highlights the importance of human-robot collaboration and suggests that companies should focus on empowering frontline employees by optimizing picking processes, improving inventory management, strengthening workforce management, enhancing internal communication, and providing training and support. These strategies aim to build a highly efficient warehouse logistics team, enabling businesses to excel in a competitive market.

01/20/2026 Logistics Industry Insights
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Cowenafs Index Offers Freight Market Insights for Investors

Cowenafs Index Offers Freight Market Insights for Investors

The Cowen/AFS Freight Index is a forward-looking freight pricing forecast tool designed to provide institutional investors with accurate predictions in the less-than-truckload (LTL), truckload (TL), and parcel transportation sectors. The index integrates massive datasets, machine learning algorithms, and macro/microeconomic factors to deliver quarterly updates. It helps investors optimize investment portfolios, reduce risks, and improve decision-making efficiency by providing insights into future freight rate trends and potential market shifts.

01/21/2026 Logistics Industry Insights
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Armenia Joins Kyoto Convention to Boost Trade Efficiency

Armenia Joins Kyoto Convention to Boost Trade Efficiency

Armenia has joined the Revised Kyoto Convention, becoming its 90th contracting party. This convention aims to simplify and harmonize global customs procedures, boosting trade efficiency through streamlined processes, technology application, risk management, and enhanced cooperation. It attracts foreign investment and promotes global trade facilitation. More countries joining will contribute to building a more open and inclusive global trading system. The Revised Kyoto Convention is a key instrument for modernizing customs procedures and reducing trade barriers.

02/12/2026 Customs Knowledge
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