US Forms Supply Chain Council to Boost Economic Resilience

US Forms Supply Chain Council to Boost Economic Resilience

The Supply Chain Committee has been established to unite business and labor forces, safeguarding American jobs, upgrading domestic infrastructure, and mitigating the impact of global instability on supply chains. Comprised of businesses, labor organizations, and other stakeholders, the committee is dedicated to building robust, secure, and efficient American supply chains. It aims to foster collaboration and address vulnerabilities to ensure economic resilience and protect against disruptions, promoting a stronger and more reliable supply chain ecosystem within the United States.

01/30/2026 Logistics Industry Insights
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Tonga Customs Upgrades Audit System with WCO Backing

Tonga Customs Upgrades Audit System with WCO Backing

The World Customs Organization (WCO) conducted a post-clearance audit diagnostic mission in Tonga to help the country optimize its post-clearance audit system and promote trade facilitation. Through in-depth discussions with Tongan Customs and external stakeholders, WCO experts provided professional guidance to help Tongan Customs improve efficiency, reduce business costs, and inject new impetus into Tonga's economic development. The mission aims to enhance Tonga's customs procedures and contribute to a more streamlined and efficient trade environment.

01/30/2026 Customs Knowledge
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Decoding International Freight Fuel Surcharges MYC BAF Explained

Decoding International Freight Fuel Surcharges MYC BAF Explained

This article provides an in-depth analysis of fuel surcharges commonly encountered in international freight forwarding. It elaborates on concepts such as MYC and SSC in air freight, and BAF, F.O.S./F.A.F. in sea freight. The article also offers practical strategies for managing fuel surcharges, aiming to help shippers and freight forwarders better understand and control transportation costs. It provides insights into the complexities and fluctuations of these surcharges, empowering stakeholders to make informed decisions and optimize their logistics budgets.

09/26/2025 Logistics Encyclopedia
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East Coast Port Strike Threatens Supply Chain Stability

East Coast Port Strike Threatens Supply Chain Stability

A potential strike at US East Coast and Gulf Coast ports is raising concerns about supply chain disruptions. Businesses are urging government intervention to facilitate an agreement between labor and management, averting economic shocks. Companies are also proactively shifting cargo to mitigate potential risks. This situation highlights the critical importance of supply chain resilience, emphasizing the need for enhanced collaboration among stakeholders to prevent future disruptions. The potential strike underscores vulnerabilities and the necessity for proactive risk management strategies within global supply chains.

11/03/2025 Logistics Industry Insights
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DHL Leads in Corporate Citizenship with Sustainable Strategy

DHL Leads in Corporate Citizenship with Sustainable Strategy

DHL Group has received the highest corporate citizenship rating for its sustainability efforts, ranking among the top three in the DAX-40. Its commitment to balancing economic benefits with social value is demonstrated through its four key programs, including GoHelp. This recognition highlights DHL's dedication to responsible business practices and its contribution to a more sustainable future. The company's integrated approach to sustainability underscores its role as a responsible corporate citizen and its commitment to creating long-term value for all stakeholders.

11/03/2025 Logistics
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Baltic Exchange Launches Air Freight Spot Rate Index

Baltic Exchange Launches Air Freight Spot Rate Index

The Baltic Exchange is set to trial an air cargo spot rate index, aiming to more accurately reflect market price fluctuations and enhance industry transparency. This initiative is expected to reduce transaction costs and foster the development of air freight derivatives markets, providing market participants with more reliable risk management tools. The index seeks to offer a clearer picture of real-time pricing in the air cargo spot market, ultimately benefiting stakeholders across the industry by improving price discovery and reducing information asymmetry.

11/03/2025 Logistics
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Breaking Barriers: How Southwest China’s Rail-Port Summit is Revolutionizing Regional

Breaking Barriers: How Southwest China’s Rail-Port Summit is Revolutionizing Regional

A meeting was held in Fangchenggang by the railway bureau of the Southwest region and Beibu Gulf International Port Group to promote logistics integration in rail-sea combined transport, breaking down barriers between different transportation modes. The meeting gathered various stakeholders to discuss comprehensive logistics services and enhance the convenience of outbound passages. By establishing a joint marketing platform and implementing pricing incentives, it aims to reduce logistics costs for enterprises, improve market competitiveness, and provide high-quality services to customers.

11/07/2023 Logistics
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Bosnia Advances Trade Reforms with WCO Eyes WTO Entry

Bosnia Advances Trade Reforms with WCO Eyes WTO Entry

The World Customs Organization (WCO), through its Mercator Programme, supports Bosnia and Herzegovina in implementing the Trade Facilitation Agreement (TFA). A national workshop was held to raise awareness of the TFA among stakeholders, identify implementation priorities, and promote the establishment of a National Committee on Trade Facilitation (NCTF). The workshop focused on the technical measures of the TFA and provided recommendations for Bosnia and Herzegovina's future trade facilitation efforts. This initiative aims to help Bosnia and Herzegovina integrate into the global trading system.

01/05/2026 Customs Knowledge
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Global Trade Adopts Coordinated Border Management for Security

Global Trade Adopts Coordinated Border Management for Security

Coordinated Border Management (CBM) aims to enhance trade efficiency while ensuring security and compliance. It requires inter-agency cooperation, risk management, and political support to address challenges and achieve mutual benefits for all stakeholders. CBM seeks to streamline processes, reduce costs, and improve the overall competitiveness of international trade. Effective implementation necessitates a holistic approach that considers both economic and security imperatives, fostering a collaborative environment between border agencies and trading communities. Ultimately, CBM contributes to sustainable economic growth and enhanced national security.

01/05/2026 Customs Knowledge
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New IATA Platform Enhances Aviation Maintenance Efficiency

New IATA Platform Enhances Aviation Maintenance Efficiency

IATA's MRO Insights platform aims to help airlines and MRO service providers reduce costs and improve efficiency by providing real-time market values, streamlining teardown project management, and optimizing transaction processes. It supports fleet maintenance and strategic decision-making. The platform fosters a transparent trading ecosystem by addressing information asymmetry and driving the digital transformation of the aviation MRO industry. Ultimately, it empowers stakeholders to make data-driven decisions and optimize their MRO operations for better financial performance and operational effectiveness.

01/05/2026 Logistics Industry Insights
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