Global Customs Code Update Targets Plastic Waste by 2028

Global Customs Code Update Targets Plastic Waste by 2028

The 2028 edition of the World Customs Organization's Harmonized System (HS) introduces more specific subheadings for plastic articles, enhancing the identification of particular plastic products, including environmentally sensitive polymers, expanded polystyrene articles, and single-use plastics. This will facilitate customs data collection, assisting governments in developing more effective policies to control plastic pollution and promote a circular economy and environmental sustainability. The refined HS codes will enable better tracking of plastic trade flows and inform targeted interventions to reduce plastic waste.

02/12/2026 Customs Knowledge
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Mastercard Safaricom Partner to Enhance Kenyan Merchant Payments

Mastercard Safaricom Partner to Enhance Kenyan Merchant Payments

Safaricom and Mastercard have partnered to provide Kenyan merchants with seamless, secure, and scalable payment solutions by integrating M-PESA's merchant network with Mastercard's global payment infrastructure. This collaboration will also simplify cross-border remittance services. The initiative aims to boost Kenya's digital economy and enhance financial inclusion. The first steps are expected to be rolled out in the coming months, offering merchants and consumers alike improved access to digital financial services and contributing to the growth of the digital ecosystem in Kenya.

02/12/2026 International Settlement
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Kenyas Mobile Money Transactions Hit 10year High

Kenyas Mobile Money Transactions Hit 10year High

Central Bank of Kenya data reveals a 38% year-on-year surge in mobile payment agent transactions for the first 10 months of this year, reaching a decade high. Nearly 300,000 agents nationwide provide convenient cash deposit and withdrawal services, with the year-end holiday season expected to further boost transaction volumes. Mobile payment is profoundly reshaping Kenya's financial landscape, offering accessibility and convenience that traditional banking systems struggle to match. This growth highlights the significant role fintech plays in the Kenyan economy.

02/12/2026 International Settlement
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US Freight Index Points to Sustained Economic Recovery

US Freight Index Points to Sustained Economic Recovery

Data from the U.S. Department of Transportation shows the Freight Transportation Services Index has increased for five consecutive months, indicating a gradual recovery of the U.S. economy. The report analyzes the index's key data, driving factors, potential risks, and challenges. It also provides strategic recommendations for freight companies, aiming to help them seize opportunities and achieve sustainable development. This upward trend in the freight index suggests increased economic activity and demand for goods, offering valuable insights for businesses navigating the evolving logistics landscape.

02/12/2026 Logistics
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CH Robinson Invests 1B in Tech to Transform Global Logistics

CH Robinson Invests 1B in Tech to Transform Global Logistics

C.H. Robinson announced a $1 billion investment over the next five years in technology innovation and talent development. This aims to address growing customer demands for technology, visibility, and local expertise. CEO Bob Biesterfeld emphasized that the combination of technology and talent is crucial, and nations with strong infrastructure will gain an advantage in the global economy. The investment underscores the company's commitment to leveraging technology to enhance supply chain solutions and maintain a competitive edge in the evolving logistics landscape.

02/03/2026 Logistics Industry Insights
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Rail Unions Oppose Union Pacificnorfolk Southern Merger Over Antitrust Safety Fears

Rail Unions Oppose Union Pacificnorfolk Southern Merger Over Antitrust Safety Fears

The proposed $85 billion merger between Union Pacific and Norfolk Southern has sparked controversy. Railroad unions express concerns that the merger will weaken competition, increase safety risks, and raise questions about job security. They fear reduced staffing and increased pressure on remaining workers. The railroad companies argue that the merger will improve efficiency, optimize customer service, and pledge to protect union members' jobs. They claim the consolidation will create a more streamlined and responsive rail network, ultimately benefiting customers and the economy.

02/03/2026 Logistics Industry Insights
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Trump Considers New Tariffs Reviving Trade War Concerns

Trump Considers New Tariffs Reviving Trade War Concerns

U.S. President-elect Trump plans to reinstate tariff policies after taking office, aiming to protect domestic industries and reduce trade deficits. This move could trigger a trade war with profound implications for the global economy. The international community is closely monitoring the direction of his trade policies, calling for countries to strengthen dialogue and communication to maintain the stability of the global trade system. The potential consequences of these policies are a major concern for international trade relations and economic growth.

02/03/2026 Customs Knowledge
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SOLPEX Solar Lights Gain Popularity Amid Outdoor Living Boom in US and Europe

SOLPEX Solar Lights Gain Popularity Amid Outdoor Living Boom in US and Europe

This paper analyzes the successful case of SOLPEX solar deck lights in the European and American markets, revealing the market opportunities brought by the rise of the “Courtyard Economy” and environmental awareness in these regions. By examining SOLPEX's successful strategies, industry trends, and market size, this study provides a reference for Chinese outdoor lighting companies seeking to expand overseas. It emphasizes the importance of innovative design, intelligent experiences, environmentally friendly concepts, and precise marketing to achieve success in the global market.

02/03/2026 Logistics Industry Insights
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Iceland Honors Maritime Heritage on Seafarers Day

Iceland Honors Maritime Heritage on Seafarers Day

Iceland's "Sailor's Day" is a festival dedicated to honoring maritime culture and the contributions of seafarers. Through port celebrations, maritime parades, nautical exhibitions, cultural performances, and educational activities, it allows people to deeply understand Iceland's maritime traditions and life at sea, raising awareness of marine conservation. It is not only a tribute to those working at sea but also a shared responsibility for the future of the ocean. The festival highlights the importance of the sea to Iceland's history and economy.

02/02/2026 Port Encyclopedia
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Canadas Maritime Industry Adapts to Evolving Ports and Trade Routes

Canadas Maritime Industry Adapts to Evolving Ports and Trade Routes

This article comprehensively analyzes Canada's maritime shipping system, detailing major Canadian seaports (e.g., Vancouver Port, Montreal Port), significant shipping routes (e.g., Trans-Pacific routes, Trans-Atlantic routes), and the development trends in the maritime industry (automation, digitalization, sustainability). It emphasizes the crucial role of maritime transport in the Canadian economy and looks ahead to its future development directions. The analysis provides a broad overview of the current state and potential evolution of Canada's maritime sector within the global trade landscape.

02/02/2026 Port Encyclopedia
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