Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh's accession to the Revised Kyoto Convention marks a significant step towards trade facilitation. This convention aims to simplify customs procedures, improve clearance efficiency, enhance trade environment transparency, promote information technology application, strengthen risk management, and foster closer trade partnerships. This will inject new impetus into Bangladesh's economic development by streamlining trade processes and creating a more predictable and efficient trading environment, ultimately contributing to economic growth and competitiveness.

12/30/2025 Customs Knowledge
Read More
WCO Launches Newsletter to Boost Global Customs Training

WCO Launches Newsletter to Boost Global Customs Training

The WCO has launched the 'Capacity Builder Newsletter' to support global customs capacity building. It provides information, experiences, and expert perspectives. This initiative complements briefings, certifications, and e-learning platforms, offering a comprehensive approach to enhancing customs capabilities worldwide. The newsletter aims to facilitate knowledge sharing and promote best practices within the international customs community, ultimately contributing to more efficient and effective border management and international trade facilitation.

12/30/2025 Customs Knowledge
Read More
WCO Urges Modernization to Boost Sri Lankas Economy

WCO Urges Modernization to Boost Sri Lankas Economy

WCO Secretary General Kunio Mikuriya's speech at the Postgraduate Institute of Management, Sri Lanka, highlighted the importance of knowledge, communication, and integrity, exploring the role of customs modernization in post-conflict economic reconstruction. Through the Master of Customs Administration program, research seminars, and meetings with government officials and business representatives, the Secretary General emphasized the crucial role of knowledge-driven approaches, public-private partnerships, and international cooperation in building an efficient trade environment. These elements are vital for fostering economic growth and stability in the region.

12/30/2025 Customs Knowledge
Read More
JD Logistics Opens Mexico Warehouse to Speed Deliveries

JD Logistics Opens Mexico Warehouse to Speed Deliveries

JD Logistics has opened its first self-operated overseas warehouse in Mexico City, covering an area of over 40,000 square meters. It primarily serves fast fashion e-commerce, enabling same-day delivery within the region. In collaboration with local businesses, JD Logistics is building comprehensive B2C and B2B supply chain logistics services. It also launched integrated delivery and installation services for bulky items, further enhancing its South American supply chain logistics network. This initiative aims to improve local logistics efficiency and enhance the user experience.

12/30/2025 Logistics
Read More
Global Air Freight Delays How to Claim Compensation

Global Air Freight Delays How to Claim Compensation

Air freight delays are a common issue in international trade. This article provides a detailed claims guide, instructing cargo owners on how to recover freight losses, even without insurance, by distinguishing responsibilities, building a chain of evidence, and utilizing legal means. It emphasizes the importance of detail and professionalism in the claim process. By following these strategies, cargo owners can potentially recover not only the lost freight costs but also receive additional compensation. This guide offers practical advice for navigating the complexities of air freight delay claims.

12/30/2025 Logistics Encyclopedia
Read More
Guide to Optimizing Logistics with Visual Workflow Design

Guide to Optimizing Logistics with Visual Workflow Design

This paper delves into the importance of logistics process visualization and details how to build, optimize, and apply logistics flowcharts. By meticulously breaking down process steps, standardizing symbol usage, and optimizing process structure, companies can effectively identify bottlenecks, improve efficiency, control risks, and optimize costs. This ultimately leads to a significant increase in logistics efficiency. The paper emphasizes the practical application of flowcharts as a tool for streamlining operations and achieving tangible improvements in logistics performance.

12/30/2025 Logistics Encyclopedia
Read More
Courier Services Innovate to Boost Speed and Efficiency

Courier Services Innovate to Boost Speed and Efficiency

The express delivery industry is undergoing unprecedented transformation. This paper analyzes the current situation and challenges, proposing three core drivers: technological innovation, service optimization, and management upgrade. It details the implementation steps, risk response, and effectiveness evaluation of new solutions, aiming to help express delivery companies enhance their competitiveness and succeed in the future. The study emphasizes leveraging technology to improve efficiency, streamlining logistics processes, and implementing smart delivery systems to stay ahead in the rapidly evolving market.

12/30/2025 Logistics Industry Insights
Read More
Guide to FOB Incoterms Key Trade Terms Explained

Guide to FOB Incoterms Key Trade Terms Explained

This article provides an in-depth analysis of the International Commercial Term FOB (Free On Board), detailing its definition, components, division of responsibilities between buyers and sellers, practical operating procedures, advantages and disadvantages, and risk management measures. By comparing FOB with other trade terms, the aim is to help readers comprehensively understand FOB terms and effectively apply them in international trade practices, avoiding potential risks. The article covers all aspects of FOB from definition to risk control.

12/30/2025 Logistics Encyclopedia
Read More
UN Adopts GOVCBR Standard to Simplify Global Trade

UN Adopts GOVCBR Standard to Simplify Global Trade

The new UN/EDIFACT message GOVCBR aims to provide a unified data submission standard for cross-border trade, simplifying processes and improving efficiency. The WCO is developing implementation guidelines, aligning with the UN/CEFACT Core Component Library. The promotion of GOVCBR will drive global trade facilitation and provide a foundation for trade data analysis. It streamlines information exchange between traders and government agencies, reducing redundancies and promoting transparency. This standardized approach is crucial for fostering a more efficient and secure global trading environment.

12/30/2025 Customs Knowledge
Read More
Malta Adopts Revised Kyoto Convention to Boost Trade

Malta Adopts Revised Kyoto Convention to Boost Trade

Malta's accession to the Revised Kyoto Convention demonstrates its commitment to trade facilitation. The Convention aims to reduce trade barriers and enhance global trade efficiency by simplifying customs procedures, increasing transparency, and utilizing information technology. Malta's membership is expected to boost its trade competitiveness, attract foreign investment, and promote economic diversification. In the future, data analysis will help assess the effectiveness of the Convention's implementation and drive continuous improvement.

12/30/2025 Customs Knowledge
Read More