Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

The World Customs Organization, in collaboration with the OECD and the World Bank Group, held an Asia-Pacific seminar focusing on the nexus between customs valuation and transfer pricing. The conference emphasized the need for enhanced information sharing and collaborative supervision between tax and customs authorities to address challenges posed by related-party transactions. This aims to improve cross-border trade compliance, enhance tax collection efficiency, and build a more efficient cross-border trade regulatory system. The discussions highlighted practical approaches and best practices for effective collaboration.

12/30/2025 Customs Knowledge
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Macauprague Cargo Route Expands Chinaeurope Trade Ties

Macauprague Cargo Route Expands Chinaeurope Trade Ties

The launch of the regular “Macau, China - Prague” all-cargo air route marks a significant improvement in China-Europe logistics efficiency, strengthening trade ties and optimizing the international logistics network. This route will accelerate the entry of Chinese goods into the European market, reinforce the Czech Republic's position as a Central European logistics hub, and help logistics companies expand their global service capabilities. It injects new vitality into China-Europe economic and trade cooperation, providing faster and more reliable transportation options for businesses on both continents.

12/30/2025 Logistics
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Serbian Delegation Studies Uzbekistans Customs Reforms

Serbian Delegation Studies Uzbekistans Customs Reforms

A Serbian Customs delegation visited Uzbekistan to learn about its experiences in digitalization, human resources, and trade facilitation. The visit highlighted Uzbekistan's progress in these areas, supported by projects from the World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO). The Serbian delegation aimed to gain insights and best practices to inform their own customs reform efforts, focusing on leveraging technology and data to improve efficiency and streamline trade processes. The exchange fostered collaboration and knowledge sharing between the two customs administrations.

01/05/2026 Customs Knowledge
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Zimbabwe Zambia Boost Trade with Customs Data Link

Zimbabwe Zambia Boost Trade with Customs Data Link

With the support of the World Customs Organization, Zimbabwe and Zambia are advancing customs data interconnectivity to facilitate cross-border trade. By standardizing data, establishing data exchange protocols, and creating a change management framework, the two countries aim to reduce clearance times, lower trade costs, and enhance risk management capabilities. This initiative serves as a model for customs cooperation in other African nations, promoting regional economic integration. The project emphasizes streamlined processes and improved efficiency, ultimately contributing to a more competitive and integrated trading environment.

01/05/2026 Customs Knowledge
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Knightswift Adapts to Tariff Challenges in Logistics Sector

Knightswift Adapts to Tariff Challenges in Logistics Sector

Knight-Swift experienced freight volume disruptions in March due to tariff uncertainty. Customers adopted wait-and-see approaches and reduced production. Knight-Swift responded by offering flexible services, controlling costs, and adjusting capacity. The company cautiously revised its performance expectations. Two potential trade policy scenarios exist, and the company has developed corresponding strategies. Freight rate negotiations saw slower increases, adding to the uncertainty. The company strives to maintain competitiveness amidst the trade shadow by adapting to the changing market conditions and focusing on operational efficiency.

01/08/2026 Logistics Industry Insights
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DHL Launches Simplified US Customs Clearance Service

DHL Launches Simplified US Customs Clearance Service

DHL Global Forwarding introduces a customs clearance consolidation service designed to streamline US imports, reduce costs, improve efficiency, and mitigate risks. This service consolidates multiple shipments for clearance under a single declaration, leveraging advanced technology for data integration and real-time tracking. It is suitable for e-commerce platforms, retail businesses, and manufacturing enterprises, helping companies enhance their competitiveness in complex trade environments. By simplifying the import process and offering greater visibility, DHL aims to empower businesses to navigate the challenges of international trade with ease.

01/15/2026 Logistics
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Air Waybill Guide Aids Global Trade Risk Management

Air Waybill Guide Aids Global Trade Risk Management

The Air Waybill (AWB) is a crucial document in international air freight, serving multiple functions: proof of contract of carriage, receipt of goods, basis for freight settlement, customs and inspection document, delivery receipt, and insurance-related evidence. A thorough understanding of AWBs is essential for safeguarding trade interests, mitigating transportation risks, and improving operational efficiency. It's a key tool for navigating the complexities of international air transport and ensuring smooth transactions. Properly managing and understanding the AWB can significantly reduce potential trade-related issues.

01/15/2026 Logistics Encyclopedia
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Port Everglades Struggles As Postpandemic Trade Slows

Port Everglades Struggles As Postpandemic Trade Slows

Everglades Port container volume decreased by 14% year-over-year in August, marking the sixth consecutive month of decline, reflecting the trend of trade normalization in the post-pandemic era. Contributing factors include the global economic slowdown, easing supply chain bottlenecks, increased competition, and changing consumer demand. The port needs to address these challenges through diversified operations, improved efficiency, strengthened partnerships, and proactive marketing strategies. This decline highlights the evolving landscape of global trade and the need for ports to adapt to maintain competitiveness.

01/16/2026 Logistics
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Commercial Invoices Vital for Global Trade Experts Say

Commercial Invoices Vital for Global Trade Experts Say

A commercial invoice is an essential document in international trade that includes key information such as the country of origin, supplier and consignee details, and product descriptions to ensure compliance with customs requirements. Accurately completing a commercial invoice helps improve customs clearance efficiency and facilitates smooth international transactions.

08/07/2025 Document Interpretation
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