Malawi Customs Enhances Trade Compliance Through Improved Classification Training

Malawi Customs Enhances Trade Compliance Through Improved Classification Training

The Malawi Revenue Authority, in collaboration with the World Customs Organization and the Common Market for Eastern and Southern Africa, conducted advanced Harmonized System training. This initiative aimed to enhance the commodity classification skills of customs officers, with a focus on tariff classification for pharmaceuticals, food products, and general-purpose parts. The goal was to improve the accuracy and consistency of commodity classification, ensuring correct tax collection and accurate trade data statistics. This contributes positively to trade facilitation and economic development in Malawi.

01/05/2026 Customs Knowledge
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Global Customs Experts Address Ecommerce Valuation Hurdles

Global Customs Experts Address Ecommerce Valuation Hurdles

The World Customs Organization's inaugural E-commerce and Customs Valuation Symposium addressed the challenges of valuing cross-border e-commerce goods. Representatives from international organizations, customs administrations, and businesses discussed data acquisition, valuation methodologies, compliance costs, and fraud risks. The symposium emphasized international cooperation, technological innovation, and process simplification to foster a fair, transparent, and efficient cross-border e-commerce environment. The aim is to promote global trade development by addressing valuation complexities and ensuring accurate revenue collection while facilitating legitimate trade flows.

01/05/2026 Customs Knowledge
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WCO Asiapacific Seminar Enhances Customs Risk Management

WCO Asiapacific Seminar Enhances Customs Risk Management

The WCO Asia-Pacific Risk Management and Enforcement Analysis Workshop was held in Japan, aiming to enhance customs risk management capabilities in the Asia-Pacific region. The workshop covered topics such as risk assessment, target setting, and the establishment of national targeting centers. It emphasized the crucial role of data analysis in risk management and contributed to regional trade security and facilitation. Participants discussed best practices and strategies for identifying and mitigating potential threats to trade and supply chains within the region.

01/05/2026 Customs Knowledge
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Trade War Uncertainty Weighs on Global Freight Growth

Trade War Uncertainty Weighs on Global Freight Growth

US-led trade frictions are creating uncertainty in the global freight economy, leading to lowered growth expectations. Increased tariffs raise costs, and declining consumer confidence could trigger a recession. Businesses need to strengthen risk management, adjust strategies, and leverage data analytics to navigate these challenges. The trade war's impact on supply chains and consumer demand necessitates a proactive approach to mitigate potential losses and adapt to the evolving global economic landscape. Careful monitoring and flexible planning are crucial for survival and potential growth.

01/07/2026 Logistics Industry Insights
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Flexport Raises 11B to Expand Global Supply Chain Tech

Flexport Raises 11B to Expand Global Supply Chain Tech

Flexport secured $110 million in Series C funding led by DST Global, with participation from existing investors. The company aims to connect the global supply chain through technological innovation, offering increased transparency, more accurate data, and superior service. Flexport envisions building a seamless global trade ecosystem and is actively addressing competition from players like Amazon. Investors are confident in Flexport's future growth potential, driven by its technology-focused approach to streamlining international logistics and providing better visibility into the complexities of global trade.

01/20/2026 Logistics
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Businesses Customs Collaborate to Strengthen Supply Chains

Businesses Customs Collaborate to Strengthen Supply Chains

The World Customs Organization (WCO) has adopted a resolution aimed at strengthening customs-business partnerships and enhancing global supply chain resilience. The resolution emphasizes strategic prioritization, innovative partnerships, digital transformation, data sharing, and capacity building. The WCO will support its implementation. Businesses can actively participate through AEO certification, enhanced communication, embracing digitalization, and strengthened risk management, collectively building a secure and efficient trade environment. This collaborative approach fosters greater trust and predictability within the international trade landscape, ultimately bolstering supply chain stability.

01/20/2026 Customs Knowledge
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WCO Enhances Cargo Targeting to Strengthen Trade Security

WCO Enhances Cargo Targeting to Strengthen Trade Security

The World Customs Organization (WCO)'s Cargo Targeting System (CTS) has undergone a significant upgrade, featuring enhancements in user interface, air cargo targeting capabilities, global deployment, and security. The WCO CTS, through risk assessment, helps customs administrations improve efficiency, ensure trade security, and promote trade facilitation, while adhering to international standards. Successfully implemented in numerous countries, the CTS will continue to strengthen technological innovation, data sharing, and global coverage. This upgrade aims to further optimize customs procedures and enhance overall supply chain security.

01/22/2026 Customs Knowledge
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Cataloxyru Expands B2B Database for Global Sales Growth

Cataloxyru Expands B2B Database for Global Sales Growth

Cataloxy.ru is a B2B database platform containing information on approximately 10 million companies across 16 countries. It offers multilingual support and two search methods: keyword and industry directory. The platform includes company names, websites, addresses, and other relevant details. Furthermore, it can be linked to customs data to verify import and export records, assisting foreign trade professionals in efficiently filtering target market clients. This resource helps identify potential partners and assess their trade activities, streamlining the process of finding suitable B2B connections.

01/23/2026 Logistics Industry Insights
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