Peru Customs Boosts Trade with GTFP System Upgrade

Peru Customs Boosts Trade with GTFP System Upgrade

The Global Trade Facilitation Program (GTFP) supports Peruvian Customs in enhancing its strategic planning capabilities. Through remote workshops, the program assists in breaking down strategic objectives, identifying key performance indicators, and providing customized draft strategic maps and control panels. This collaboration aims to promote the modernization of Peruvian Customs, facilitate trade, and inject new vitality into economic development. The project focuses on improving customs efficiency and effectiveness through strategic alignment and performance monitoring, ultimately contributing to Peru's economic growth.

01/30/2026 Customs Knowledge
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WCO Promotes Gender Equality to Strengthen Global Trade

WCO Promotes Gender Equality to Strengthen Global Trade

The World Customs Organization (WCO) Virtual Working Group (VWG) on Gender Equality and Diversity convened to explore how to enhance collaboration with the private sector to promote gender-inclusive trade facilitation, better addressing the needs of women traders and marginalized groups. The WCO is building a more gender-equal customs environment through initiatives like online learning modules and the 'Women in Customs' campaign. These efforts aim to ensure that customs procedures and policies are equitable and supportive of all stakeholders, regardless of gender.

01/30/2026 Customs Knowledge
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Oman Boosts Trade with Wcobacked Advance Ruling System

Oman Boosts Trade with Wcobacked Advance Ruling System

The World Customs Organization (WCO) supports Oman in establishing an advance ruling system for commodity classification and origin, providing technical guidance through workshops. This system aims to enhance trade transparency and predictability. Oman is actively improving its legal framework, standardizing operational procedures, strengthening information management, and enhancing capacity building to promote trade facilitation. The implementation of advance rulings is a key step in streamlining customs processes and fostering a more efficient trade environment for businesses operating in and with Oman.

01/30/2026 Customs Knowledge
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Eswatini Customs Reforms HR to Boost Trade Efficiency

Eswatini Customs Reforms HR to Boost Trade Efficiency

Eswatini is committed to addressing trade facilitation challenges by adopting a competency-based human resource management model. The World Customs Organization (WCO) conducted a talent development diagnostic of Eswatini Customs and provided recommendations for improvement. Eswatini Customs has pledged to implement competency-based management to enhance employee skills and efficiency, ultimately promoting trade facilitation. This initiative aims to improve the quality and effectiveness of customs operations through strategic human resource development.

01/30/2026 Customs Knowledge
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Madagascar Customs Enhances Trade Via WCO Training Program

Madagascar Customs Enhances Trade Via WCO Training Program

The WCO is supporting the Malawi Revenue Authority (MRA) in talent development, enhancing human resource management, and addressing trade facilitation challenges. This support includes the launch of an e-learning platform to promote sustainable development. The initiative aims to strengthen the MRA's capabilities in key areas, enabling them to better manage their workforce and streamline trade processes. By investing in talent and providing modern learning tools, the WCO and MRA are working together to create a more efficient and effective customs environment in Malawi.

01/30/2026 Customs Knowledge
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Comptia Calls for Global Digital Trade System Overhaul

Comptia Calls for Global Digital Trade System Overhaul

CompTIA urges the World Customs Organization (WCO) to optimize the Harmonized System (HS) to adapt to the rapidly evolving business landscape. Recommendations include revisiting valuation criteria, shortening review cycles, increasing private sector involvement, and providing explanatory notes free of charge. These suggestions aim to facilitate the digital transformation of global trade by ensuring the HS accurately reflects modern goods and services. Updating the HS is crucial for efficient customs procedures and smooth international commerce in the digital age.

01/30/2026 HS Code Query
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US Freight Market Grows Despite Trade War Concerns

US Freight Market Grows Despite Trade War Concerns

US freight volumes defied expectations in May, surging 11.9% year-over-year, with expenditures also rising by 17.3%. Despite the looming trade war, economic acceleration and restored capacity fueled the freight market's prosperity. Key factors to watch include tariff policies, economic growth trajectory, capacity constraints, and technological innovations. The strong growth suggests resilience in the face of global economic uncertainty, but continued monitoring of these factors is crucial for predicting future market performance.

02/03/2026 Logistics Industry Insights
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Global Shipping Firms Adapt Strategies Amid Trade Shifts

Global Shipping Firms Adapt Strategies Amid Trade Shifts

This article provides an in-depth analysis of the feasibility and cost associated with modifying shipping schedules, destination ports, and bill of lading information in international freight. It details the cost structure, precautions, and cost estimation for modification operations at different stages. The aim is to offer businesses strategies to navigate the complex and volatile international trade environment, enabling them to make informed decisions and minimize additional costs and time pressure. It provides practical guidance for handling these common yet challenging situations.

02/03/2026 Logistics Encyclopedia
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Ocean Freight Surcharges Explained for Global Trade Efficiency

Ocean Freight Surcharges Explained for Global Trade Efficiency

This article provides an in-depth analysis of the three main components of ocean freight costs: ocean freight, surcharges, and local charges. It also details the cost items borne by both buyers and sellers under different trade terms. By understanding the composition of ocean freight costs, companies can effectively control international trade costs and enhance their competitiveness. This knowledge empowers businesses to better manage their logistics expenses and optimize their supply chain for improved profitability in the global market.

02/03/2026 Logistics Encyclopedia
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US Import Trends Shift Amid Tariffs Trade War

US Import Trends Shift Amid Tariffs Trade War

Panjiva data shows US imports declined month-over-month in August but still increased year-over-year. Tariff policies may have prompted importers to front-load shipments, potentially borrowing from peak season demand. Hurricane Florence also introduces uncertainty for September data. The future import trend is influenced by multiple factors, requiring importers to closely monitor market dynamics. The impact of tariffs and potential shifts in trade patterns will be key to watch in the coming months.

02/03/2026 Logistics Industry Insights
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