New Customs Rules Affect Licensing Fees Royalties

New Customs Rules Affect Licensing Fees Royalties

The World Customs Organization (WCO) has released new Advisory Opinion 4.19 on customs valuation, addressing the complex valuation issues related to royalties and license fees under Article 8.1(c) of the Customs Valuation Agreement. This opinion clarifies the valuation principles for single royalties encompassing both patents and trademarks. It assists businesses in accurately calculating import costs, reducing valuation disputes, and promoting the healthy development of international trade. This guidance aims to provide clarity and consistency in the application of customs valuation rules related to intellectual property rights.

01/26/2026 Customs Knowledge
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Global Customs Agencies Boost Biodiversity Protection Efforts

Global Customs Agencies Boost Biodiversity Protection Efforts

The World Customs Organization actively responds to World Environment Day, focusing on biodiversity protection. Through combating environmental crime, capacity building, and international cooperation, it is committed to building a sustainable future. The WCO emphasizes the crucial role of customs in protecting ecosystems, combating illegal trade, and promoting sustainable development. It calls for global joint efforts to protect our planet. The organization advocates for strategies to prevent the exploitation of natural resources and the illegal trafficking of endangered species, reinforcing customs' commitment to environmental security.

01/26/2026 Customs Knowledge
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WCO Korea Partner to Enhance Global Customs Platform Clikc

WCO Korea Partner to Enhance Global Customs Platform Clikc

The World Customs Organization (WCO) and the Korea Customs Service (KCS) signed an agreement where KCS will provide funding for the WCO's CLiKC! e-learning platform. This funding will support platform upgrades and enhanced functionalities. The upgraded CLiKC! platform will feature updated course content, optimized technology, and expanded multilingual support. The goal is to enhance the professional skills and knowledge of customs officials worldwide, benefiting supply chains and promoting trade facilitation and compliance. This initiative aims to foster greater efficiency and effectiveness within customs administrations globally.

01/26/2026 Customs Knowledge
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Logistics Firms DHL UPS Adapt to Shifting Air Cargo Demand

Logistics Firms DHL UPS Adapt to Shifting Air Cargo Demand

This article provides an in-depth analysis of recent key dynamics in the logistics industry, including DHL's collaboration with Central Airlines to launch localized operations, UPS's Q2 performance outlook, Kuehne+Nagel becoming a service provider for the Singapore Expo, and Loctouch Logistics' transfer of MSC's mega-vessel under construction. These events not only reflect the strategic adjustments of individual companies but also foreshadow new trends in global trade, offering readers valuable industry insights. The analysis highlights the evolving landscape and potential opportunities within the sector.

02/11/2026 Logistics
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Intermodal Freight Volumes Decline Amid Economic Slowdown

Intermodal Freight Volumes Decline Amid Economic Slowdown

According to the Intermodal Association of North America, U.S. intermodal volumes continued to decline in June, although the rate of decrease narrowed. The overall downward trend persists, primarily driven by economic downturn, changing consumer behavior, inventory adjustments, and shifts in transportation modes. The association's president believes that challenges and opportunities coexist. Inventory reshaping, cross-border trade, and the West Coast labor agreement are potential growth areas. Businesses should closely monitor the market, optimize inventory, re-evaluate transportation strategies, strengthen collaboration, and invest in technological innovation.

01/20/2026 Logistics
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Exporters Face New Russian Import Rules on GLN GIN Codes

Exporters Face New Russian Import Rules on GLN GIN Codes

This article provides an in-depth analysis of GLN (Global Location Number) and GIN (Global Identification Number) requirements for exporting to Russia. It details the GIN code application process, key considerations, and shares case studies to offer compliance guidance for businesses successfully entering the Russian market. This helps companies overcome trade barriers and tap into the potential of the Russian market. The article aims to provide practical insights and actionable strategies for navigating the complexities of Russian import regulations related to GLN and GIN codes.

02/12/2026 Customs Knowledge
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Asiapacific Customs Boost Supply Chain Resilience Postcovid

Asiapacific Customs Boost Supply Chain Resilience Postcovid

WCO Asia-Pacific members shared experiences in responding to crises like COVID-19 and explored ways to enhance supply chain resilience during an online seminar. The meeting emphasized the importance of international cooperation, data sharing, and automated clearance to build a more efficient and secure regional customs system. Discussions focused on strategies for mitigating disruptions and ensuring the smooth flow of goods in the face of future challenges. The goal is to strengthen the region's ability to withstand and recover from unexpected events impacting trade.

02/12/2026 Customs Knowledge
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Bolivia Customs Implements Stress Management Program

Bolivia Customs Implements Stress Management Program

The Global Trade Facilitation Program (GTFP) provided stress management and resilience training to Bolivian customs officers. Through a blended online and offline approach, the training helped officers identify sources of stress, master stress management tools, and enhance emotional intelligence, ultimately achieving work-life balance. The project aimed to improve the individual well-being and job satisfaction of customs personnel, as well as enhance the overall effectiveness and service quality of the customs organization. This capacity building initiative fosters a healthier and more productive work environment.

02/12/2026 Customs Knowledge
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China Malaysia Advance Highspeed Rail for Regional Links

China Malaysia Advance Highspeed Rail for Regional Links

The China-Malaysia High-Speed Railway project is currently in the planning and research phase, facing challenges across natural, political, and economic dimensions. Upon completion, it will significantly enhance regional connectivity, boost trade and tourism, and create employment opportunities. Simultaneously, it's crucial to address environmental impacts for sustainable development. The construction of the China-Malaysia High-Speed Railway will inject new impetus into regional economic development and cultural exchange. It's a project with significant potential for growth and collaboration between the two nations and the broader region.

02/12/2026 Logistics Encyclopedia
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Barbara Melvin Leads Innovation in South Carolina Ports Ocean Shipping

Barbara Melvin Leads Innovation in South Carolina Ports Ocean Shipping

An interview with Barbara Melvin, COO of the South Carolina Ports Authority, in *Logistics Management* magazine discusses the evolution of the ocean shipping industry. Melvin shares insights on port operations, intermodal transportation, and the Charleston Harbor deepening project. She emphasizes addressing supply chain challenges, sustainable development, and the importance of women in leadership. SCPA is committed to technological innovation and talent development to build an efficient logistics network and facilitate international trade. The port's strategic investments aim to enhance capacity and improve overall supply chain resilience.

02/12/2026 Logistics Industry Insights
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