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.

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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Aviation Industry Faces Slow Recovery Amid Economic Challenges

Aviation Industry Faces Slow Recovery Amid Economic Challenges

The global air transport industry is gradually recovering after the impact of the pandemic, facing challenges such as passenger traffic losses, cargo resilience, regional recovery disparities, and geopolitical influences impacting fuel costs. Moving forward, the industry needs to address these challenges, seize opportunities, and achieve sustainable development. The recovery is uneven across different regions, with some areas experiencing faster growth than others. The industry must adapt to these regional differences and tailor its strategies accordingly to ensure a balanced and sustainable recovery.

Guide to Customs Inspections for Foreign Trade Firms

Guide to Customs Inspections for Foreign Trade Firms

This article provides an in-depth analysis of various aspects of customs inspections, including the targets, entities, content, procedures, and response strategies. Through case studies, it emphasizes the importance of foreign trade companies actively cooperating with customs inspections and highlights that compliant operation is crucial for the sustainable and healthy development of enterprises. The aim is to help foreign trade companies understand customs inspections, avoid risks, and achieve sustainable development. This understanding promotes smoother trade operations and reduces potential penalties.

Global Air Cargo Needs Stronger Security Digital Upgrades IATA

Global Air Cargo Needs Stronger Security Digital Upgrades IATA

The International Air Transport Association (IATA) highlights the crucial role of air cargo in supply chain resilience, urging stronger collaboration in safety, digitalization, and sustainability. By enhancing safety standards, accelerating the adoption of ONE Record digitalization, and promoting sustainable aviation fuels, air cargo can better serve global trade and address future challenges. These efforts will bolster the industry's ability to adapt to disruptions and ensure the efficient and reliable movement of goods worldwide, contributing to a more robust and sustainable global economy.

JD Logistics Green Supply Chain Cuts Costs Boosts Efficiency

JD Logistics Green Supply Chain Cuts Costs Boosts Efficiency

JD Logistics showcased its green supply chain practices at the COP30 conference, demonstrating a shift from high energy consumption to carbon neutrality through technological innovation, global collaboration, and environmental protection. The upgrade of its FAST strategy signifies a transition from passive emission reduction to actively creating ecological value, setting a benchmark for sustainable development in the industry. This proactive approach highlights JD Logistics' commitment to building a greener and more sustainable future for its operations and the broader supply chain ecosystem.

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.

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.

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.