Serbia Boosts Trade Efficiency with Datadriven Customs Reforms

Serbia Boosts Trade Efficiency with Datadriven Customs Reforms

Serbia has established a Customs-Business Round Table to enhance trade facilitation through data-driven collaboration. Supported by the SECO-WCO Global Trade Facilitation Programme, the initiative brings together representatives from government, chambers of commerce, and businesses to address customs operational challenges and optimize trade policies. The goal is to build a more efficient business environment. By focusing on data sharing, policy optimization, and risk prediction, Serbia aims to become a regional leader in trade facilitation. This collaborative approach is expected to streamline processes and boost economic growth.

Rail Industry Navigates Safety and Efficiency with Megatrains

Rail Industry Navigates Safety and Efficiency with Megatrains

Rail freight companies are adopting longer train strategies to reduce costs and improve efficiency, raising safety concerns. The rise of multimodal transportation brings new opportunities but also faces service quality challenges. Balancing efficiency and safety is crucial to ensure the sustainable development of rail freight. Longer trains can increase the risk of derailments and other accidents. Multimodal transport requires seamless coordination between different modes, which can be difficult to achieve. Therefore, it is important to invest in safety measures and improve service quality to ensure the long-term viability of rail freight.

Procurement Shifts from Cost Center to Growth Driver

Procurement Shifts from Cost Center to Growth Driver

A report indicates that procurement professionals aspire to play a more significant role in corporate innovation, eager to embrace new technologies, drive supply chain upgrades, and even lead product innovation. However, risk aversion and departmental silos are major obstacles. Companies should encourage procurement innovation, elevate its strategic importance, and foster cross-functional collaboration. Suppliers and logistics companies should also proactively offer innovative products and services. By overcoming these hurdles, procurement can become a key driver of growth and competitive advantage, leading to more efficient and resilient supply chains.

Global Supply Chains Focus on Resilience Amid Rising Risks

Global Supply Chains Focus on Resilience Amid Rising Risks

The report reveals frequent supply chain disruptions, yet nearly half of businesses fail to analyze the root causes, lacking deep visibility. IT disruptions are a major threat, and cybersecurity risks are significant. Building a resilient supply chain requires improved visibility, enhanced risk assessment, optimized supplier management, strengthened contingency plans, and investment in talent development. Going beyond Tier 1 suppliers is crucial to create a more robust network. Companies need to proactively identify vulnerabilities and implement strategies to mitigate potential disruptions, ensuring business continuity and minimizing the impact of unforeseen events.

OOIDA Challenges ELD Mandate Over Trucker Privacy Concerns

OOIDA Challenges ELD Mandate Over Trucker Privacy Concerns

The Owner-Operator Independent Drivers Association (OOIDA) is again challenging the ELD mandate, arguing it infringes on driver privacy and raises safety concerns. The article delves into truck drivers' worries about the cost of ELDs, the risk of tampering, and the lack of flexibility. It reviews OOIDA's long-standing battle against ELDs and looks at the profound impact of the ELD mandate on the trucking industry, as well as the future interplay between technology and regulation. The mandate's impact on small businesses and independent operators remains a key point of contention.

01/29/2026 Logistics
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Supply Chain Managers Tackle Challenges Amid Industry Shifts

Supply Chain Managers Tackle Challenges Amid Industry Shifts

Supply chain managers face both opportunities and challenges, requiring a balance between short-term gains and long-term strategies. They must solve problems, improve performance, and ultimately achieve a sense of accomplishment. The future demands continuous learning and adaptation to the evolving market. This involves navigating complex global networks, embracing technological advancements, and fostering strong relationships with stakeholders. Success requires resilience, adaptability, and a proactive approach to risk management. Ultimately, a successful career in supply chain management offers significant rewards and the chance to make a real impact.

Outdoor Brands Use Bing Ads for Targeted Marketing in US and Europe

Outdoor Brands Use Bing Ads for Targeted Marketing in US and Europe

This article explores how outdoor apparel brands can leverage Bing Ads search advertising to achieve precise marketing breakthroughs in European and American markets. By analyzing the characteristics of these markets and the advantages of Bing Ads, it proposes marketing strategies such as accurately targeting users, creating compelling ad content, and using data analysis to optimize ad performance. The importance of risk management is also emphasized. The focus is on using Bing Ads to effectively reach the target demographic and maximize ROI in the competitive European and American outdoor apparel market.

Guide to Ocean Freight Terms CYCY Vs CYLO Explained

Guide to Ocean Freight Terms CYCY Vs CYLO Explained

This article provides an in-depth analysis of CYCY and CY/LO delivery terms in ocean freight. It compares and contrasts these two terms across three dimensions: cost, timeliness, and risk. Using real-world case studies, a scenario-based decision model is built to guide foreign trade enterprises in selecting the optimal solution based on cargo value, shipping route, and cooperation model. This aims to achieve cost control and efficiency improvement. Ultimately, the article proposes a flexible supply chain management strategy of 'parallel dual terms' to optimize shipping operations.

DR Congo Boosts Customs Oversight to Reform Trade Practices

DR Congo Boosts Customs Oversight to Reform Trade Practices

The General Directorate of Customs of the Democratic Republic of the Congo (DRC) sought technical assistance from the World Customs Organization (WCO) to regain control over customs valuation, aiming to assess and enhance the capabilities of customs officers. Following a diagnostic assessment, the WCO recommended that the DRC utilize modern tools such as risk management and post-clearance audit, and supported its strategy to comply with the Niamey Declaration and the Trade Facilitation Agreement. This initiative not only improves customs valuation capacity in the DRC but also revitalizes the national economy and reshapes the trade landscape.

Supply Chains Boost Resilience with Strategic Cargo Insurance

Supply Chains Boost Resilience with Strategic Cargo Insurance

The complexity and risks faced by supply chains have significantly increased. Cargo insurance is not only used for asset protection but is also crucial for maintaining a company's competitiveness. Flexible insurance strategies help businesses manage various risks, enhancing the resilience and security of the supply chain.

08/06/2025 Logistics
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