Global Trade System ATA Carnet to Go Digital by 2027

Global Trade System ATA Carnet to Go Digital by 2027

The ATA/Istanbul Convention Administrative Committee meeting focused on the digital transformation of the ATA Carnet system, aiming for full global digital customs clearance by 2027. The meeting established a global transition timeline for e-ATA and emphasized the importance of customs readiness guidelines and global training. The goal is to enhance customs clearance efficiency, reduce trade costs, and ensure trade security, ultimately fostering a new future for global trade. This initiative promises streamlined processes and improved security measures, contributing to a more efficient and secure international trade environment.

02/12/2026 Customs Knowledge
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WCO Urges Customsbroker Collaboration to Streamline Global Trade

WCO Urges Customsbroker Collaboration to Streamline Global Trade

The WCO Deputy Secretary-General attended the IFCBA World Congress, emphasizing the crucial role of customs-broker cooperation in trade facilitation. The conference highlighted China Customs' proactive efforts under the Belt and Road Initiative and explored areas of cooperation such as information sharing, capacity building, and compliance incentives. The aim is to build a closer customs-business relationship and promote global trade development. This collaboration is essential for streamlining processes, reducing costs, and ensuring security in the international supply chain, ultimately benefiting both customs administrations and the trading community.

02/12/2026 Customs Knowledge
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Philippines Launches Study to Streamline Cargo Boost Trade

Philippines Launches Study to Streamline Cargo Boost Trade

The Philippines has launched a National Time Release Study (TRS) to identify bottlenecks in trade processes through data-driven analysis. The goal is to implement targeted reforms to improve trade efficiency, reduce costs, and enhance global competitiveness. This project is a collaboration between the Bureau of Customs (BOC) and the World Customs Organization (WCO), with support from Her Majesty's Revenue and Customs (HMRC). The final report is expected to be released by the end of 2025. The TRS aims to streamline goods release and contribute to the growth of the Philippine economy.

02/12/2026 Customs Knowledge
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Fast Fashion Giant SHEIN Expands Globally with Agile Supply Chain

Fast Fashion Giant SHEIN Expands Globally with Agile Supply Chain

SHEIN has experienced significant user growth in 2024, driven by its agile supply chain and 'production-to-sales' model. A Boston Consulting Group report highlights agile supply chains as a new source of competitive advantage in the fashion industry. SHEIN's DTC model achieves supply-demand balance, reduces costs, improves capital efficiency, and lowers product prices. This approach allows SHEIN to quickly adapt to changing consumer preferences and offer a wide variety of trendy items at affordable prices, contributing to its success in the cross-border e-commerce market.

02/12/2026 Logistics Industry Insights
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China Eases Crossborder Ecommerce Tax Rules in Shenzhen

China Eases Crossborder Ecommerce Tax Rules in Shenzhen

Shenzhen Municipal Commerce Bureau has optimized and upgraded the registration module for cross-border e-commerce's "tax exemption without invoices" policy, officially launched on February 1st. The new module realizes a fully electronic process, simplifies operations, and clarifies timelines. Companies need to apply through the official platform. The policy applies to the 9610 export model, and detailed application procedures have been published. This move aims to standardize industry development and reduce compliance costs for enterprises. However, the issue of corporate income tax cost confirmation and deduction needs further optimization.

02/12/2026 Customs Knowledge
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Global Shipping Crisis Strategies to Prevent Cargo Abandonment

Global Shipping Crisis Strategies to Prevent Cargo Abandonment

Cargo abandonment at the destination port in international shipping poses significant costs and multiple risks to the shipper. This paper analyzes various expenses such as detention and demurrage charges, as well as four major risks: legal, ownership, supply chain finance, and commercial reputation. It provides a basis for determining responsibility in different scenarios and offers practical suggestions including pre-emptive prevention, in-transit monitoring, post-event handling, and legal recourse. The aim is to help shippers effectively mitigate losses and avoid the predicament of losing both goods and money.

02/11/2026 Logistics Encyclopedia
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Ocean Vs Air Freight Cost Comparison for Global Trade

Ocean Vs Air Freight Cost Comparison for Global Trade

This paper delves into the cost structures of international sea and air freight, developing an actionable decision-making model to assist businesses in making informed choices across various cargo value ranges. It employs a three-step method to accurately calculate the cost break-even point, while also considering hidden costs such as capital occupation, time-sensitive defaults, and risks. The aim is to help companies strike the optimal balance between cargo value, delivery time, and shipment volume, ultimately maximizing cost-effectiveness and minimizing potential disruptions within their international logistics operations.

02/11/2026 Logistics Encyclopedia
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Tech Adoption Boosts Profits for Nvoccs in Logistics

Tech Adoption Boosts Profits for Nvoccs in Logistics

NVOCCs face challenges such as slow quoting, disorganized contracts, and difficulty controlling costs. A TMS system addresses these issues through automation, digitalization, and real-time monitoring, ultimately improving efficiency and reducing expenses. It streamlines operations by providing a centralized platform for managing transportation processes, from order placement to delivery confirmation. This enhanced visibility and control enable NVOCCs to optimize their supply chains and improve overall performance, leading to increased profitability and customer satisfaction. The implementation of TMS is crucial for NVOCCs looking to stay competitive in today's dynamic logistics landscape.

02/11/2026 Logistics Industry Insights
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Amazon Adjusts Fees and Expands Routes Amid Ecommerce Shifts

Amazon Adjusts Fees and Expands Routes Amid Ecommerce Shifts

This article delves into recent significant developments in cross-border e-commerce and logistics. Amazon's NARF program upgrade supports sellers expanding in the North American market. Shopee's exploration of a fully managed model aims to reduce operational burdens for sellers. New shipping routes, fee adjustments, and deepened collaborations in the shipping market impact logistics costs. The Regional Comprehensive Economic Partnership (RCEP) facilitates the export of Fengjie navel oranges. Cross-border e-commerce sellers need to closely monitor these changes and adjust their strategies accordingly to leverage opportunities and mitigate potential risks.

02/11/2026 Logistics
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Guangzhou Port Hailead Shipping Partner to Strengthen Greater Bay Area Trade

Guangzhou Port Hailead Shipping Partner to Strengthen Greater Bay Area Trade

Guangzhou Port Co., Ltd. and HeSea Marine signed a strategic cooperation agreement to collaborate on shipping routes, supply chain logistics, and green port development. This partnership aims to promote international port and shipping cooperation, injecting new momentum into the Greater Bay Area's connectivity and regional economic and trade cooperation. Both parties will integrate resources to develop end-to-end supply chain logistics products, increase port throughput, reduce logistics costs, and boost regional economic development. The collaboration emphasizes sustainable practices and aims to create a more efficient and environmentally friendly port ecosystem.

02/11/2026 Port Encyclopedia
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