Cocoa Giants Pledge to End Deforestation in West Africa

Cocoa Giants Pledge to End Deforestation in West Africa

Twelve global cocoa giants are collaborating with the World Cocoa Foundation (WCF) to eliminate deforestation in the cocoa supply chain. Initially focusing on Ghana and Côte d'Ivoire, the project aims to build a sustainable cocoa production ecosystem by improving farmer livelihoods, addressing climate change, eliminating child labor, and preventing diseases. Working with the African Development Bank and governments, the initiative promotes crop diversification to achieve unified environmental, economic, and social benefits. This collaborative effort seeks to ensure a more responsible and resilient future for the cocoa industry and the forests it impacts.

01/19/2026 Logistics Industry Insights
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US Bill Proposes Tax Credits to Boost Short Line Railroads

US Bill Proposes Tax Credits to Boost Short Line Railroads

A bill introduced in the U.S. Senate aims to modernize the short line railroad tax credit policy. By adjusting the credit cap, expanding coverage, and establishing an inflation-linked mechanism, the bill is expected to stimulate private investment, improve short line railroad infrastructure, and promote economic development in rural areas. This update to the tax credit seeks to make it more effective in encouraging investment and supporting the vital role short line railroads play in the nation's transportation network.

01/30/2026 Logistics
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Bahamas Customs Enhances Trade with WCO Time Release Study

Bahamas Customs Enhances Trade with WCO Time Release Study

The World Customs Organization (WCO) assisted Bahamas Customs in conducting its first Time Release Study (TRS) to identify clearance bottlenecks, optimize processes, and lay the groundwork for implementing a Single Window system. This initiative helps the Bahamas comply with the WTO's Trade Facilitation Agreement and enhances trade efficiency, improves the business environment, and provides new impetus for WTO accession and economic development. The implementation steps of the TRS and the advantages of the Single Window are also detailed.

02/02/2026 Customs Knowledge
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BEAC Enhances Safe International Transfers with SWIFT Code

BEAC Enhances Safe International Transfers with SWIFT Code

This article introduces the SWIFT code BEACCMCX090 of the Central African States Bank (BANQUE DES ETATS D'AFRIQUE CENTRALE) and its significance in international remittances. Ensuring the correct use of the SWIFT code is crucial for the secure transfer of funds. The article also provides relevant information and advice to consider during the remittance process.

08/12/2025 International Settlement
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