storage capacity policy News

WCO JICA Team Up to Upgrade Customs Systems in Developing Countries

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) signed a Memorandum of Cooperation in 2015. This collaboration aims to improve customs administration in developing countries and promote economic development through capacity building, customs modernization, and trade facilitation. Both parties will deepen cooperation, innovate approaches, and jointly address new global trade dynamics. The goal is to build a more open, inclusive, and mutually beneficial global trade landscape.

01/07/2026 Customs Knowledge

WCO Aids Paraguay Customs in HR Modernization

A WCO assessment of Paraguayan Customs' human resources revealed challenges in capacity, planning, and training. The WCO recommended improvements to the HR model, strategic planning, training programs, performance management, and IT application. Specifically, the assessment highlighted the need for a more robust and comprehensive HR framework to support the efficient and effective operation of Paraguayan Customs. Addressing these issues is crucial for enhancing customs administration and facilitating international trade.

01/07/2026 Customs Knowledge

Demurrage Period Vs. Detention Period: Analyzing Container Management Strategies in Ocean Freight

This article analyzes the differences between the free storage period and the free container period. By effectively utilizing these terms, transportation costs can be reduced, and operational efficiency can be improved.

07/21/2025 Logistics Encyclopedia

Global End to Taxfree Small Imports Challenges Retailers

The global micro duty-free transport policy will be completely abolished across all countries, significantly impacting brands, consumers, and the logistics market. Brands must quickly adjust their strategies to respond to the new tariff policies in order to maintain market competitiveness and meet consumer demands.

09/15/2025 Logistics Industry Insights

EURUSD Rises 10 EUR Now Equals 1164 USD

The latest foreign exchange data indicates that 1 Euro is valued at 1.16412 USD, meaning 10 Euros can be exchanged for 11.64 USD. Recent fluctuations in the exchange rate reflect market confidence in the Euro. Investors should pay attention to economic data and policy changes.

08/08/2025 Exchange Rate Query

Indonesian Rupiah Weakens Against US Dollar Amid Market Shifts

This article analyzes the current exchange rate of the Indonesian Rupiah (IDR) against the US Dollar (USD) and its volatility trends. It explores the main factors influencing exchange rate fluctuations, including economic growth, inflation, policy changes, and international market movements, providing insights for investors.

09/12/2025 Exchange Rate Query

Cargo Owners Liability Insurance Protects Goods in Transit

Cargo Owner Liability Insurance is an important policy that protects cargo owners from third-party claims during transportation. With the continuous development of international trade, purchasing this type of insurance has become a necessary choice for enterprises to reduce economic losses and maintain brand reputation.

08/05/2025 Logistics Encyclopedia

KYD to USD Exchange Rate Trends Analyzed in Latest Report

The report analyzes the current exchange rate of 5 Cayman Islands Dollars (KYD) to 6.0357908 US Dollars (USD), noting that the exchange rate is influenced by the economic environment and policy changes. It emphasizes the importance of understanding exchange information in international trade and investment.

08/10/2025 Exchange Rate Query

Cancellation Of Provincial Highway Toll Stations Balancing Logistics Efficiency And Travel Costs

This article explores the background and impact of cancelling provincial toll stations on highways in China, highlighting its significance in improving logistics efficiency, reducing energy consumption, and adjusting toll fees. It also analyzes the challenges faced in practical implementation and potential future policy directions.

07/23/2025 Logistics

Free Trade Zone ≠ Logistics Zone? A Complete Guide to FTZ Operations

This article compares bonded zones (duty-free areas for processing/re-export) and logistics parks (focused on storage, distribution, and multimodal transport). Both play vital roles in facilitating global trade through specialized functions.

07/15/2025 Logistics Encyclopedia

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WCO JICA Team Up to Upgrade Customs Systems in Developing Countries

WCO Aids Paraguay Customs in HR Modernization

Demurrage Period Vs. Detention Period: Analyzing Container Management Strategies in Ocean Freight

Global End to Taxfree Small Imports Challenges Retailers

EURUSD Rises 10 EUR Now Equals 1164 USD

Indonesian Rupiah Weakens Against US Dollar Amid Market Shifts

Cargo Owners Liability Insurance Protects Goods in Transit

KYD to USD Exchange Rate Trends Analyzed in Latest Report

Cancellation Of Provincial Highway Toll Stations Balancing Logistics Efficiency And Travel Costs

Free Trade Zone ≠ Logistics Zone? A Complete Guide to FTZ Operations