WCO Issues New Customs Valuation Guidance for Trade Compliance

WCO Issues New Customs Valuation Guidance for Trade Compliance

The World Customs Organization is set to release new Explanatory Note 7.1, aiming to clarify the meaning of 'price actually paid or payable' and assist businesses in more accurately performing customs valuation. Companies should thoroughly understand the new regulations, optimize their valuation strategies, reduce trade costs, and improve compliance levels, thereby gaining a competitive edge in cross-border trade. This updated guidance is crucial for navigating the complexities of international trade and ensuring accurate declaration of goods.

01/26/2026 Customs Knowledge
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Bosnia Boosts Ecommerce with Wcobacked Customs Reform

Bosnia Boosts Ecommerce with Wcobacked Customs Reform

The World Customs Organization (WCO) held a workshop in Bosnia and Herzegovina focusing on cross-border e-commerce. The aim was to enhance the awareness of Bosnian Customs regarding e-commerce and to optimize clearance procedures. The workshop highlighted WCO's Framework of Standards on Cross-Border E-Commerce and the Immediate Release Guidelines. These tools are designed to help Bosnia and Herzegovina seize the opportunities presented by cross-border e-commerce, address related challenges, and ultimately achieve economic development.

01/26/2026 Customs Knowledge
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US Finalizes 2026 Biofuel Policy Mandates Stay Imports Eased

US Finalizes 2026 Biofuel Policy Mandates Stay Imports Eased

The US government plans to release its 2026 biofuel policy in early March, maintaining blending mandates while removing import restrictions. This move aims to balance the interests of biofuel producers and oil refining companies, preventing market volatility and cost increases. The final plan will be formally announced after White House review and industry consultation. The policy seeks to provide stability and predictability to the biofuel market amidst ongoing debates about its environmental impact and role in the energy transition.

01/26/2026 Logistics Industry Insights
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Amazon Sellers Leverage Home Garden Sites for Brand Growth

Amazon Sellers Leverage Home Garden Sites for Brand Growth

Facing increasing competition on Amazon, sellers are turning to overseas press releases as a breakthrough strategy. This article, through two case studies of home and garden brands, reveals the crucial roles of precise positioning, high-quality content, and advertorial marketing in overseas press release campaigns. It also highlights the future trend of refined operations. The analysis provides valuable and replicable experiences for Amazon sellers looking to enhance their brand visibility and drive sales through strategic international PR efforts.

01/27/2026 Logistics Industry Insights
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Colombias Proxy Shopping and Customs Process Explained

Colombias Proxy Shopping and Customs Process Explained

This article unveils the complex shipping process behind Colombian sourcing, including package receiving and verification, professional packaging, logistics and distribution, and customs clearance. It emphasizes the near impossibility of 'release without documents' in Colombia and reminds consumers to carefully inspect packages upon receipt. Choosing a reliable sourcing agent is crucial to protect consumer rights and ensure a smooth transaction. This process involves careful attention to detail and adherence to regulations to guarantee successful delivery from Colombia.

01/30/2026 Logistics
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Air Vs Sea Freight Efficiency in Crossborder Ecommerce

Air Vs Sea Freight Efficiency in Crossborder Ecommerce

This article provides an in-depth comparison of the time efficiency differences between air freight and sea freight in cross-border e-commerce. It emphasizes the rapid advantages of air transport and the time costs associated with sea transport, assisting sellers in making informed decisions that balance timeliness and cost in their logistics choices, ultimately enhancing customer satisfaction and operational efficiency.

08/04/2025 Logistics Encyclopedia
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Tuscaloosa Regional Airport Emerges As Alabamas Key Aviation Hub

Tuscaloosa Regional Airport Emerges As Alabamas Key Aviation Hub

Tuscaloosa Regional Airport (TCL) is a key aviation hub in Alabama, featuring two runways and offering a variety of services and convenient flights. Located in the Central Time Zone, it ensures effective connections with major cities. Professional users can register for premium accounts to access real-time aviation data. TCL plays an important role in promoting the local economy and facilitating business interactions.

09/15/2025 Airport Codes
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Uks Beverleylinley Hill Airport Expands Small Air Travel Options

Uks Beverleylinley Hill Airport Expands Small Air Travel Options

Beverley/Linley Hill Airport is a small airport in the UK featuring a grass runway that offers a unique flying experience. The airport operates in the Europe/London time zone and provides radio frequency services. Registering for a Premium account allows access to real-time navigation alerts, making it an ideal location for aviation enthusiasts to discover new flying options.

08/08/2025 Airport Codes
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Digital Logistics New Opportunities to Simplify Supply Chain

Digital Logistics New Opportunities to Simplify Supply Chain

Digital logistics simplifies and optimizes supply chains through data-driven solutions and technological innovation. Businesses can achieve real-time monitoring and comprehensive visualization during transportation, enhancing flexibility and intelligent operations. Connecting the supply chain to a digital network facilitates data sharing and automation, improving overall transportation efficiency. Furthermore, digital logistics reduces operational costs and time delays, strengthening a company's competitiveness in the market.

11/30/-0001 Logistics
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Global Air Freight Storage Fees Costsaving Strategies

Global Air Freight Storage Fees Costsaving Strategies

This article provides an in-depth analysis of international air cargo airport warehousing fee standards, using examples from Shenzhen, China Eastern Logistics, and Zhuhai Airport. It details the fee structure for different cargo types and overdue storage charges. Furthermore, it offers practical strategies to effectively shorten warehousing time and reduce logistics costs, including advance customs clearance, selecting efficient agents, and optimizing transportation time.

01/29/2026 Warehousing
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