US Port Traffic Drops As China Trade Slows

US Port Traffic Drops As China Trade Slows

A Descartes report indicates a significant drop in US port throughput in May, with China's import share hitting a two-year low, primarily due to trade friction and tariff policies. Supply chain diversification is accelerating, posing challenges for West Coast ports while creating opportunities for East Coast ports. Businesses should diversify sourcing strategies. Governments need to uphold a multilateral trading system to mitigate negative impacts and foster stable global trade.

02/04/2026 Logistics
Read More
Tradekey Expands Global B2B Trade Opportunities

Tradekey Expands Global B2B Trade Opportunities

TradeKey, a leading global B2B platform, boasts over 9.37 million members. It connects global business opportunities through efficient matchmaking and a secure trading environment, helping businesses expand into overseas markets and achieve growth. The platform excels in high-quality product screening, ensuring product quality and fostering long-term partnerships. TradeKey provides a reliable and effective solution for businesses seeking to engage in international trade and expand their reach.

02/05/2026 International Settlement
Read More
Canada EU New Zealand Partner to Simplify Crossborder Trade

Canada EU New Zealand Partner to Simplify Crossborder Trade

A joint initiative by Canada, the EU, and New Zealand aims to enhance cross-border trade efficiency by strengthening border agency collaboration, data compatibility, and centralized control. The initiative emphasizes special and differential treatment and technical assistance to promote global trade facilitation, building a more efficient, convenient, and secure cross-border trading environment. It focuses on streamlining processes and reducing barriers to trade through improved coordination and technological advancements.

02/05/2026 Customs Knowledge
Read More
Yiwu to Malaysia Air Freight Trade Streamlined

Yiwu to Malaysia Air Freight Trade Streamlined

This article provides a detailed overview of the Yiwu-Malaysia air freight line, covering crucial aspects such as route selection, transit time guarantees, operational procedures, and freight cost structure. It also addresses frequently asked questions, aiming to offer comprehensive guidance to Sino-Malaysian trading companies. The goal is to facilitate efficient and convenient cross-border logistics, enabling businesses to streamline their supply chains between Yiwu and Malaysia via air freight.

02/06/2026 Logistics
Read More
Bahamas Customs Adopts Wcobacked System to Speed Clearance

Bahamas Customs Adopts Wcobacked System to Speed Clearance

The World Customs Organization (WCO) assisted Bahamas Customs in establishing an advance ruling system for goods classification, aiming to facilitate trade, reduce clearance delays, and enhance trade predictability. This system will mitigate trade frictions by resolving classification disputes in advance, leading to economic growth and improved international reputation for the Bahamas. The advance ruling system will improve efficiency and transparency, contributing to a more streamlined and predictable trading environment.

01/07/2026 Customs Knowledge
Read More
DR Congo Enhances Customs Valuation with WCO Assistance

DR Congo Enhances Customs Valuation with WCO Assistance

The WCO is assisting the Democratic Republic of the Congo (DRC) Customs to enhance its valuation capabilities, addressing challenges following contract termination to safeguard revenue and ensure fair trade. This initiative is part of the WCO's West and Central Africa assistance program. The support aims to strengthen customs procedures and improve the accuracy of valuation processes, thereby contributing to increased revenue collection and a more transparent trading environment in the DRC.

01/26/2026 Customs Knowledge
Read More
Burkina Faso Joins Kyoto Convention to Enhance Trade

Burkina Faso Joins Kyoto Convention to Enhance Trade

Burkina Faso has acceded to the Revised Kyoto Convention (RKC), becoming the 111th contracting party. The RKC simplifies customs clearance procedures, promotes trade facilitation, and enhances global competitiveness. By adopting the RKC, Burkina Faso aims to streamline its customs operations, reduce trade barriers, and ultimately boost its economic growth. This accession underscores the country's commitment to international standards and its desire to integrate more effectively into the global trading system.

01/26/2026 Customs Knowledge
Read More
Chinas New Fiveyear Plan Boosts Trade and Digital Innovation

Chinas New Fiveyear Plan Boosts Trade and Digital Innovation

During the 15th Five-Year Plan period, China aims to build a strong trading nation by optimizing goods trade, developing service trade, and innovating digital trade. The focus will be on enhancing industrial competitiveness, expanding diversified markets, ensuring supply chain security, embracing green transformation, and actively participating in international rule-making. The ultimate goal is to achieve a dual improvement in both the scale and quality of trade.

01/30/2026 Logistics Industry Insights
Read More
US Dollar Faces Volatility Amid Yearend Economic Data Uncertainty

US Dollar Faces Volatility Amid Yearend Economic Data Uncertainty

This article analyzes recent movements of major currencies, focusing on the challenges posed to the US dollar by the RMB and Euro, and the battle around the USD/JPY 155 level. It emphasizes the importance of the upcoming US labor market report and retail sales data, providing data interpretation, market impact analysis, and trading strategy suggestions. The article reminds investors to pay attention to market risks, analyze rationally, and operate cautiously.

01/30/2026 Exchange Rate Query
Read More
Revolut UK Simplifies Secure SWIFT Transfers for Users

Revolut UK Simplifies Secure SWIFT Transfers for Users

This article, from a data analyst's perspective, delves into the SWIFT code usage rules of Revolut in the UK, emphasizing the importance of accuracy for cross-border payments. Through case studies, recommended measures, and risk management, it aims to help users avoid transfer errors and ensure funds arrive safely and efficiently. It also explores the future evolution trends of SWIFT codes, providing insights into potential changes and their impact on international transactions. The focus is on practical guidance and proactive risk mitigation.

09/03/2025 International Settlement
Read More