Shipping Industry Braces for Oversupply As New Vessels Flood Market

Shipping Industry Braces for Oversupply As New Vessels Flood Market

After a period of recovery, the container shipping industry faces potential overcapacity risks due to a surge in new vessel deliveries. Capacity management is crucial. Shipping companies need to assess the situation carefully, strengthen capacity management, embrace digital transformation, and practice sustainable development to consolidate recovery gains and achieve sustainable growth. This will contribute to the prosperity of global trade. Effective capacity management and digital adoption are key to navigating the challenges and ensuring long-term success in a dynamic market.

01/29/2026 Logistics Industry Insights
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Strong Compliance Key to Crossborder Ecommerce Expansion

Strong Compliance Key to Crossborder Ecommerce Expansion

Cross-border e-commerce businesses face a complex tax and financial environment, making a robust compliance architecture crucial. This paper outlines the principles, components, and importance of such an architecture, emphasizing its role as the foundation for sustainable corporate development. By designing and continuously optimizing a compliance architecture, businesses can effectively manage tax and financial risks in the global market and achieve sustainable growth. It provides a framework for navigating the complexities of international tax regulations and ensuring adherence to legal requirements.

01/30/2026 Customs Knowledge
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Datadriven Solutions Ease Holiday Supply Chain Labor Shortages

Datadriven Solutions Ease Holiday Supply Chain Labor Shortages

Facing holiday supply chain talent shortages, companies need to shift from traditional models to data-driven recruitment strategies. Optimizing onboarding and employee care is crucial for building a sustainable talent ecosystem. Leveraging automation and intelligent technologies to improve operational efficiency is also key. Actively participating in talent development initiatives to create a sustainable talent pool is essential to effectively address these challenges. By embracing these strategies, businesses can mitigate the impact of talent scarcity and ensure continued success during peak seasons and beyond.

02/03/2026 Logistics Industry Insights
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HS Codes Boost Circular Economy Through Trade Harmonization

HS Codes Boost Circular Economy Through Trade Harmonization

A WCO seminar explored optimizing HS codes to more accurately reflect the life cycle of materials like plastics, metals, and wood. The aim is to support environmentally sustainable trade and the circular economy. Discussions focused on how refined HS classifications can better track and manage resources throughout their lifespan, promoting reuse, recycling, and reduced waste. This initiative aligns with global efforts to foster a more sustainable and resource-efficient global trading system and facilitate the implementation of green customs practices.

02/03/2026 HS Code Query
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Rotterdam Port Hits Record 15M Teus Despite Supply Chain Strains

Rotterdam Port Hits Record 15M Teus Despite Supply Chain Strains

The Port of Rotterdam became the first European port to exceed 15 million TEU in annual container throughput, marking a milestone. However, it faces supply chain pressures, capacity constraints, and environmental challenges. The port is addressing these issues through digitalization, collaboration, and a green transition to maintain its leading position and promote sustainable development. It aims to optimize logistics, enhance efficiency, and reduce its carbon footprint to ensure long-term resilience and contribute to a more sustainable global trade network.

02/05/2026 Logistics
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Global Trade Adopts Green Customs Codes for Sustainability

Global Trade Adopts Green Customs Codes for Sustainability

The World Customs Organization (WCO) has launched a global “Green Customs” reflection, exploring revisions to the Harmonized System (HS) code to better integrate environmental considerations and promote a global green economy through a series of workshops. These workshops focus on five key areas: food, chemicals, textiles, basic materials, and green technologies. They provide valuable insights and recommendations for the 'greening' of the HS coding system, aiming to build a more sustainable future. The initiative seeks to leverage trade policies to support environmental protection and sustainable development goals.

01/05/2026 Customs Knowledge
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Air Franceklm Unveils Sustainability Plan for Aviation Sector

Air Franceklm Unveils Sustainability Plan for Aviation Sector

Air France-KLM Group is actively promoting a green transition in the post-pandemic era, facing the challenge of balancing passenger volume recovery with emission reduction pressures. The group is committed to reducing carbon emissions through investments in new aircraft and procurement of Sustainable Aviation Fuel (SAF). Simultaneously, it calls for public sector support to establish a level playing field and jointly promote the sustainable development of the aviation industry. This collaborative approach is crucial for achieving significant progress in reducing the environmental impact of air travel.

01/05/2026 Logistics Industry Insights
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WCO Committee Prioritizes Strategy Gender Equality and Sustainability

WCO Committee Prioritizes Strategy Gender Equality and Sustainability

The World Customs Organization (WCO) Capacity Building Committee convened in Brussels to discuss strategic implementation, gender equality, and sustainable development. Key topics included progress on existing capacity building initiatives, strategies for promoting gender mainstreaming within customs administrations, and integrating sustainable development principles into customs operations. The meeting also involved the election of new leadership for the committee, setting the stage for future capacity building efforts within the global customs community. The discussions aimed to enhance customs efficiency and effectiveness while promoting inclusivity and environmental responsibility.

12/30/2025 Customs Knowledge
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Global Customs Agencies Intensify Fight Against Environmental Crime

Global Customs Agencies Intensify Fight Against Environmental Crime

The World Customs Organization emphasizes the crucial role of customs in environmental protection, urging the global customs community to strengthen cooperation in combating illegal environmental trade and protecting natural heritage. By enhancing border control, risk assessment, international collaboration, and technological application, customs administrations can effectively address environmental crime and contribute to sustainable development. The focus is on proactive measures to prevent illicit trafficking of endangered species, hazardous waste, and other environmentally harmful goods across borders, ensuring a safer and more sustainable planet for future generations.

12/30/2025 Customs Knowledge
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