This article guides new companies through their first export process, focusing on key steps such as container pickup, customs declaration, and bill of lading confirmation. By understanding these procedures, new companies can enhance their export efficiency and successfully complete international trade.
This article provides an in-depth analysis of the critical concept of Minimum Connecting Time (MCT) in flight transfers. It explains the definition of MCT, the industry standard development process, IATA default values, airport and airline exceptions, and industry formats. The aim is to help readers understand MCT, optimize travel planning, reduce transfer risks, and enhance the overall travel experience. Understanding MCT allows travelers to make informed decisions about flight connections and potentially avoid missed flights or stressful layovers.
Serbian Customs, in collaboration with the World Customs Organization, launched a National Clearance Time Study project. This initiative aims to optimize customs procedures through data analysis, enhancing trade efficiency and the business environment. The project, involving workshops and roadmap planning, identifies challenges, develops improvement measures, and promotes stakeholder engagement. The ultimate goal is to achieve trade facilitation and drive economic growth in Serbia.
The Philippines has launched a National Time Release Study (TRS) in collaboration with the World Customs Organization (WCO) to optimize import and export clearance processes for sea cargo. The study aims to identify bottlenecks, enhance efficiency, and provide evidence-based recommendations for reforms, ultimately boosting the Philippines' trade competitiveness and fulfilling its obligations under the WTO Trade Facilitation Agreement. The final report is expected by the end of 2025, laying the groundwork for sustainable trade facilitation.
The World Customs Organization (WCO) supported the Gambia Revenue Authority (GRA) in conducting a Time Release Study (TRS) to enhance trade facilitation. Through workshops and technical assistance, the WCO helped Gambia identify bottlenecks in cargo clearance, optimize customs procedures, and align with the WTO's Trade Facilitation Agreement (TFA). The ultimate goal is to improve the business environment and promote sustainable economic development in Gambia. The TRS aims to streamline processes and reduce the time and cost associated with importing and exporting goods.
The World Customs Organization (WCO) conducted a Time Release Study (TRS) workshop for Peruvian Customs (SUNAT) to enhance trade facilitation. By studying the WCO TRS Guidelines, creating business processes, and developing action plans, SUNAT will be able to conduct TRS, identify bottlenecks, optimize procedures, and meet WTO TFA requirements. This will ultimately improve international competitiveness. The workshop focused on practical application of TRS methodology within the Peruvian context, enabling SUNAT to streamline customs processes and improve efficiency in goods clearance.
FedEx has launched a new collaborative shipping tool aimed at enhancing the efficiency and visibility of the import process. This tool enables importers to directly share information with shippers, track cargo status in real-time, and ensure data security. It has been rolled out globally to simplify import procedures.
This guide presents seven actionable strategies for warehouse automation aimed at helping warehouse managers optimize operations and enhance efficiency. It covers the entire warehouse management process from inbound standardization to picking and shipping, integrating real-time data monitoring, smart technologies, and effective team training to improve your logistics performance.
The express bill of lading is a special type of cargo transport document that delivers goods directly to the designated consignee without the need for an original bill of lading. This convenient method offers an efficient shipping experience for trusted trade partners, helping to save time and costs.
LCL shipping provides a flexible and efficient transportation option for small to medium-sized enterprises as well as large corporations. With LCL, businesses can transport goods as needed, effectively control inventory, and enjoy priority loading and space assurance, maximizing logistics efficiency. Digital tools enable real-time cargo tracking, enhancing logistics transparency.
