Cuba Adopts WCO Data Model to Modernize Customs

Cuba Adopts WCO Data Model to Modernize Customs

The World Customs Organization (WCO) supports Cuban Customs in implementing the WCO Data Model through technical assistance. This initiative aims to streamline trade processes, enhance efficiency, and promote data interoperability with other government agencies. The WCO Data Model, serving as a common language for global trade, facilitates the modernization of Cuban Customs by standardizing data elements and information structures. This integration into the global trade system will ultimately improve Cuba's international competitiveness.

01/07/2026 Customs Knowledge
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Ghana Forms New Customs Committee to Enhance Tema Port Trade

Ghana Forms New Customs Committee to Enhance Tema Port Trade

The Ghana Revenue Authority has established a Joint Customs Consultative Committee at Tema Port. This initiative aims to promote trade facilitation, reduce compliance costs for businesses, and enhance customs efficiency and transparency. The committee will serve as a platform for dialogue and collaboration between the GRA and stakeholders in the trading community. By addressing concerns and streamlining processes, the GRA seeks to create a more efficient and predictable trading environment, ultimately contributing to economic growth.

01/07/2026 Customs Knowledge
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Experts Warn of Risks As RMB Rally Stalls Amid Uncertainty

Experts Warn of Risks As RMB Rally Stalls Amid Uncertainty

BOC Securities' Guan Tao points out that the recent RMB appreciation is supported by multiple factors, but uncertainties remain. The dollar's trajectory, external environment changes, and economic fundamentals will all affect the RMB exchange rate. He emphasizes that the exchange rate acts as a 'shock absorber' in the short term, while economic fundamentals determine its long-term trend. He urges a rational view of current exchange rate fluctuations and cautions against excessive optimism.

01/07/2026 Exchange Rate Query
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Global Airlines Adapt Strategies to Postpandemic Recovery

Global Airlines Adapt Strategies to Postpandemic Recovery

OAG's chief analyst converses with CAPA Chairman Emeritus Peter Harbison, analyzing the impact and transformation of the aviation industry due to the pandemic. Drawing upon 52 years of experience, Harbison emphasizes the importance of digital transformation, cost control, technology adoption, and collaboration. His insights offer valuable guidance for the aviation industry to navigate challenges and reshape its future, highlighting key strategies for recovery and long-term success in a rapidly evolving landscape.

01/07/2026 Logistics Industry Insights
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US Rail Freight Gains in Carloads Dips in Intermodal

US Rail Freight Gains in Carloads Dips in Intermodal

According to the Association of American Railroads, U.S. rail carload traffic increased year-over-year for the week ending January 21st, driven primarily by nonmetallic minerals, coal, and motor vehicle parts. Intermodal traffic, however, decreased compared to the same period last year. Total North American rail traffic experienced a slight decline, reflecting regional economic variations and global economic uncertainties. This data provides insights into the current state of the freight economy and its underlying trends.

01/16/2026 Logistics
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South Carolina Ports Report Cargo Decline Auto Exports Rise

South Carolina Ports Report Cargo Decline Auto Exports Rise

South Carolina Ports saw a 9% year-over-year decline in cargo volume in August, mirroring weakened US consumer demand and an economic slowdown. Bucking the trend, automobile transportation surged by 9%, driven by the automotive industry's recovery and increased demand for electric vehicles. The inland port in Greer demonstrated strong performance. Moving forward, the port needs to embrace digital transformation and diversify its development strategies to navigate the challenging economic landscape.

01/16/2026 Logistics
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Warehouse Vacancies Rise As Demand Cools Rent Growth Slows

Warehouse Vacancies Rise As Demand Cools Rent Growth Slows

Impacted by inflation and economic uncertainty, the warehouse market is experiencing cooling demand, leading to increased vacancy rates and slower rental growth. Business expansion has slowed, exacerbating the oversupply situation. New and existing warehouses face different challenges, requiring companies to adapt strategies and embrace automation. Despite current headwinds, the long-term growth trend of the warehouse market remains positive. Companies need to be flexible to navigate the changing landscape and capitalize on future opportunities.

01/16/2026 Warehousing
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US Ecommerce Shipping Volume Hits Record High Pitney Bowes

US Ecommerce Shipping Volume Hits Record High Pitney Bowes

The Pitney Bowes Parcel Shipping Index reveals a new normal of e-commerce-driven growth in the U.S. parcel market. While parcel volume slightly decreased in 2022, it still exceeded expectations, and carrier revenue continued to rise. The increasing 'stickiness' of e-commerce and shifting consumer shopping habits necessitate that businesses optimize their carrier strategies and embrace e-commerce opportunities. The report highlights the sustained influence of online retail on parcel shipping dynamics.

01/16/2026 Logistics Industry Insights
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DSV Acquires SM to Boost Semiconductor Logistics in Latin America

DSV Acquires SM to Boost Semiconductor Logistics in Latin America

DSV's acquisition of S&M and Global enhances its semiconductor logistics capabilities. This synergy strengthens airport operations and expands cross-border services in Latin America. The acquisitions also solidify DSV's position in the US market, creating a more robust and comprehensive logistics network for the semiconductor industry and facilitating increased trade opportunities in the Latin American region. The strategic move positions DSV for further growth and market leadership in specialized logistics solutions.

01/16/2026 Logistics
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USPS Suspends Holiday Peak Surcharge Easing Logistics Costs

USPS Suspends Holiday Peak Surcharge Easing Logistics Costs

The United States Postal Service (USPS) announced the elimination of peak-season surcharges for the holiday season, citing improved capacity and cost control. This strategic move aims to capture market share through price competitiveness. The decision is expected to impact the overall logistics landscape, potentially leading to more affordable holiday shopping experiences for consumers. USPS is currently undergoing a ten-year transformation plan to enhance service capabilities, address challenges, and foster innovation in logistics services.

01/16/2026 Logistics
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