Shipping Market Rebounds As Cost Pressures Decline

Shipping Market Rebounds As Cost Pressures Decline

FTR's Shippers Conditions Index (SCI) showed a rebound in June, primarily driven by slower diesel price increases. FTR forecasts a potential positive SCI in July, but port congestion remains a concern. Businesses are advised to closely monitor market dynamics, optimize transportation plans, strengthen risk management, and seize new opportunities in the shipping market. Focusing on cost control strategies and understanding the SCI index fluctuations are crucial for navigating the current market conditions and mitigating potential risks associated with port congestion and fuel price volatility.

02/04/2026 Logistics Industry Insights
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FMCSA Proposes Safety System Overhaul to Reduce Trucking Accidents

FMCSA Proposes Safety System Overhaul to Reduce Trucking Accidents

The US FMCSA has released a proposed rule to revise the SMS (Safety Measurement System). The aim is to more accurately identify high-risk carriers, reduce accident rates, and improve road safety by adjusting safety categories, violation groupings, simplifying severity weights, modifying intervention thresholds, and optimizing carrier comparisons. A 90-day public comment period has been initiated, allowing stakeholders to provide feedback on the proposed changes. This revision seeks to enhance the effectiveness of the SMS in identifying and addressing safety concerns within the trucking industry.

02/04/2026 Logistics
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Cass Freight Index Reveals Key Trends in Cargo Market

Cass Freight Index Reveals Key Trends in Cargo Market

The latest Cass Freight Index reveals a mixed picture for the freight market in November: while shipment volumes slightly decreased, expenditures continued to rise. Experts believe the market is generally stable, but declining imports suggest a potential softening of short-term trends. Businesses should closely monitor market dynamics, optimize operational efficiency, embrace digital transformation, and strengthen risk management to seize opportunities in a complex and volatile market environment. Overall, the index highlights the need for agility and strategic planning in navigating the current logistics landscape.

02/04/2026 Logistics Industry Insights
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Exporters Warned of Common Customs Declaration Errors

Exporters Warned of Common Customs Declaration Errors

This article analyzes common errors in export customs declaration forms and provides a filling guide. It emphasizes the accuracy of key information such as commodity codes and quantities to avoid inaccurate declarations and safeguard export tax rebate rights. Accurate reporting is crucial for compliance and maximizing benefits. The guide offers practical advice to ensure proper completion of the form, minimizing the risk of delays or penalties. Understanding declaration elements is vital for exporters seeking to optimize their tax rebates and maintain smooth customs clearance processes.

02/03/2026 Customs Knowledge
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China Clarifies Export Tax Rebates for CIF Pricing

China Clarifies Export Tax Rebates for CIF Pricing

This article provides a detailed operational process and risk reminders for export tax rebate declarations under CIF price terms in cross-border export businesses. It emphasizes the importance of FOB price as the tax rebate base and how to accurately separate freight and insurance costs from the CIF price. It also answers frequently asked questions and provides practical guidance for enterprises to comply with export tax rebate declarations. The article aims to help businesses navigate the complexities of export tax rebates when using CIF pricing.

02/03/2026 Customs Knowledge
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Amazon Adjusts Return Policy for Highvalue Items in 2026

Amazon Adjusts Return Policy for Highvalue Items in 2026

Amazon's new return policy, effective in 2026, eliminates exemptions for high-value items and standardizes prepaid return labels. This simplifies the process and shortens refund times, but also increases return risks for sellers of high-value goods. Sellers need to optimize their business strategies, strengthen risk control, and fully utilize the SAFE-T Claim process. Staying informed about policy changes is crucial to adapting to the new market environment. This policy shift presents both opportunities and challenges for e-commerce businesses operating on the Amazon platform.

02/03/2026 Logistics Industry Insights
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Japan Funds Wtos COVID19 Aid for Developing Nations

Japan Funds Wtos COVID19 Aid for Developing Nations

The Japanese government is providing financial support to the World Customs Organization's 'COVID-19 Project,' aimed at strengthening the capacity of customs administrations in developing countries to respond to the impact of the COVID-19 pandemic. The project will develop guidelines for business continuity planning, enhance risk management capabilities, promote paperless trade, strengthen international cooperation, and provide training and technical support to ensure the security and facilitation of global trade. This funding will help developing nations maintain essential trade flows during and after the pandemic.

02/03/2026 Customs Knowledge
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WCO Updates Kyoto Convention to Modernize Global Customs Standards

WCO Updates Kyoto Convention to Modernize Global Customs Standards

The World Customs Organization (WCO) is leading a comprehensive review of the Revised Kyoto Convention, aiming to build a “Future Customs” model adapted to the 21st century. This revision addresses emerging challenges such as digital trade and supply chain risks, while promoting trade facilitation. Through intelligent regulation, data-driven decision-making, risk management orientation, and collaborative partnerships, the goal is to achieve intelligent, efficient, and collaborative customs supervision, contributing to global trade development. The revised convention seeks to modernize customs procedures and enhance global trade security.

02/03/2026 Customs Knowledge
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Middle East and North Africa Crack Down on Customs Fraud

Middle East and North Africa Crack Down on Customs Fraud

A regional workshop in Amman, Jordan, focused on customs valuation and anti-fraud, aiming to enhance the capabilities of customs officials in the Middle East and North Africa. The workshop covered the WTO Valuation Agreement, WCO's Revenue Package tools, and anti-fraud strategies. Key discussions centered on Decision 6.1 and valuation risk management. Emphasis was placed on international cooperation, capacity building, legal improvements, and technological innovation. The goal was to foster a fairer trade environment by strengthening customs practices and combating fraudulent activities in the region.

02/03/2026 Customs Knowledge
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Guide to Preventing and Claiming International Air Freight Losses

Guide to Preventing and Claiming International Air Freight Losses

This article delves into common scenarios and risks associated with international air freight loss, offering comprehensive strategies for pre-emptive prevention, in-transit tracking, and post-loss claims. It provides a detailed interpretation of the claims process, required documentation, and a guide to avoid common pitfalls. The aim is to help you confidently navigate the risk of lost shipments and maximize your chances of recovering losses. It emphasizes understanding the intricacies of cargo insurance and navigating the often complex claim procedures to ensure successful compensation.

02/03/2026 Logistics Encyclopedia
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