The WCO research unit provides theoretical support for customs policy formulation through systematic studies and empirical analysis, promoting the modernization of international trade. Annual research conferences facilitate communication between academia and practitioners, aiding in policy adjustments and customs innovation, thereby laying the foundation for the safe and efficient development of global trade.
Recently, the Ministry of Transport announced adjustments to the macro-control policy for the transportation market of bulk liquid hazardous goods in coastal provincial routes. The new policy emphasizes principles of openness and fairness, aiming to optimize market entry and improve transportation efficiency through overall control and selection mechanisms, thereby promoting sustainable development in the industry.
The article provides an in-depth analysis of the definition, calculation methods, and impact of the Merchandise Processing Fee (MPF) on corporate import costs in the United States. It introduces Flexport's centralized MPF management solution, highlighting its potential to reduce expenses. Additionally, the article advises businesses to pay attention to future possible rate adjustments to optimize cost control.
In June 2025, the global currency market experienced significant shifts due to trade tensions and interest rate adjustments. The US dollar depreciated by 9.7%, while the euro surged by 11.5% and the British pound rose by 11.3%. Looking ahead to the second half of the year, the dollar is expected to face greater pressure, while the strength of the euro and pound may continue.
This article analyzes the exchange rate between the US Dollar and the Sri Lankan Rupee, exploring the reasons for its fluctuations. It discusses the impact of economic policies and international markets on the exchange rate. The article suggests that Sri Lanka should focus on how exchange rate fluctuations affect the national economy and strategic adjustments in the future, in order to ensure economic stability and development.
The United States Postal Service (USPS) plans to consolidate its distribution facilities to reduce transportation costs. This involves reducing the existing 19,000 delivery units to 15,000. The USPS aims to address financial difficulties and improve efficiency through process optimization, leveraging existing facilities, and pilot operations. Employee groups have expressed concerns regarding the plan. Other carriers are also making network adjustments in response to the changing landscape.
West Coast port congestion is a complex issue, and while trucking contributes, it's not the primary cause. This analysis identifies the core problems as empty container accumulation and inefficient terminal operations. Potential solutions explored include multimodal transport coordination, government support, and self-help measures by trucking companies. The article emphasizes that effective congestion relief requires collaboration from all stakeholders.
Maersk, a global shipping giant, is reshaping the global maritime landscape by optimizing the Asia-Europe trade lane, expanding into emerging markets in the Middle East and Africa, and improving transatlantic and intra-regional routes. These efforts aim to enhance trade efficiency and promote regional economic development. Maersk's strategic adjustments to its network and market focus demonstrate its commitment to facilitating global commerce and adapting to evolving trade patterns.
The shipping industries of India and the United States have decided to cancel the planned price increase notification set for August 1 due to uncertainties surrounding new tariffs. They will maintain current freight rates, a strategy aimed at balancing company profits with customer demand, in order to sustain stability and flexibility in a competitive market environment.
This article provides a detailed overview of the concept of 'blank sailing' in shipping, analyzing its causes and impact on corporate logistics, while emphasizing the importance of understanding shipping dynamics. It also highlights how our Flexport team assists clients in adapting to this change, ensuring effective transportation of goods.
