WCO Launches Global Program to Enhance Customs Efficiency

WCO Launches Global Program to Enhance Customs Efficiency

The World Customs Organization (WCO) has launched the second round of its Performance Measurement Mechanism (PMM), inviting members to participate in self-assessment. This initiative aims to help national customs administrations identify challenges, improve operations, and receive targeted capacity building assistance from the WCO. The PMM comprehensively evaluates customs performance in areas such as trade facilitation, revenue collection, and enforcement. Ultimately, the goal is to enhance the efficiency and effectiveness of customs worldwide, thereby fostering international trade development and contributing to a more secure and predictable global trading environment.

01/15/2026 Customs Knowledge
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American Signature Bankruptcy Leaves Chinese Suppliers Unpaid

American Signature Bankruptcy Leaves Chinese Suppliers Unpaid

The bankruptcy of ASI, a long-established American furniture retailer, exposes challenges including high inflation, high interest rates, and trade frictions, directly impacting Chinese furniture exporters. Suppliers like Man Wah are facing millions of dollars in credit risk, highlighting the risks faced by export companies. Experts recommend that companies review contracts, strengthen risk management, and explore diversified markets to cope with the challenges posed by the global economic downturn and trade frictions. This situation underscores the need for proactive strategies to mitigate potential financial losses and maintain business stability.

01/15/2026 Logistics Industry Insights
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US Container Imports Near Record Amid Tariffs Seasonal Demand

US Container Imports Near Record Amid Tariffs Seasonal Demand

U.S. container imports in August approached historical peak levels, driven by both tariff policies and seasonal demand. The report indicates a slight month-over-month decrease but a year-over-year increase, surpassing pre-pandemic levels. Adjustments in tariff policies, the global economic situation, and supply chain resilience will be key factors influencing future import volumes. The surge suggests businesses are anticipating potential future trade changes and stocking up accordingly. This trend highlights the complex interplay between trade policy, economic forecasts, and logistical planning in the global market.

01/15/2026 Logistics
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Guide to HS Code Chapter 41 Raw Hides and Leather Explained

Guide to HS Code Chapter 41 Raw Hides and Leather Explained

This article provides a detailed interpretation of Chapter 41 of the HS Code, "Raw hides and skins (other than furskins) and leather," covering an overview of the chapter, interpretation of notes, analysis of specific items, processing techniques, application fields, and trade applications. It aims to provide comprehensive and professional knowledge for practitioners, traders, and consumers in the leather industry, contributing to the prosperity and development of the industry. This includes understanding the nuances of leather trade regulations and the implications of the HS code for different types of leather and leather products.

01/19/2026 HS Code Query
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Guide to Bill of Lading Types in Maritime Shipping

Guide to Bill of Lading Types in Maritime Shipping

The Bill of Lading (B/L) is a crucial document in international trade, serving as a document of title, evidence of a contract of carriage, and a receipt for goods. This paper provides a detailed overview of various B/L types, categorized by issuance time, consignee designation, endorsements, and format. It analyzes the application scenarios and associated risks of each type, aiming to assist readers in selecting the appropriate B/L to ensure trade security. Understanding the nuances of different B/L types is essential for mitigating potential risks in international transactions.

01/19/2026 Document Interpretation
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Key Considerations for Selecting International Shipping Bills of Lading

Key Considerations for Selecting International Shipping Bills of Lading

This paper provides an in-depth analysis of three mainstream cargo release methods in international ocean shipping: original Bill of Lading, Telex Release Bill of Lading, and Sea Waybill. It compares their definitions, processes, advantages, disadvantages, and applicable scenarios, emphasizing the importance of selecting the appropriate method. The commonalities of these three methods are summarized, aiming to provide practical operational guidance for foreign trade enterprises and help improve the efficiency of international trade. This guide assists businesses in navigating the complexities of cargo release and optimizing their shipping processes.

01/23/2026 Document Interpretation
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Bosnia Adopts WCO Framework to Boost Customs Efficiency

Bosnia Adopts WCO Framework to Boost Customs Efficiency

With the support of the Korea Customs Cooperation Fund, the World Customs Organization (WCO) conducted a training program for the Bosnia and Herzegovina Customs Administration on optimizing cross-border e-commerce compliance procedures. The aim was to improve clearance efficiency, ensure trade security, promote compliant trade, and align with international standards. The training focused on the WCO Cross-Border E-Commerce Framework of Standards, covering areas such as risk management, data exchange, and intellectual property rights protection. This initiative assists Bosnia and Herzegovina Customs in achieving cross-border e-commerce compliance.

02/12/2026 Customs Knowledge
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New Guidelines Aim to Reduce Risks in Ocean Bills of Lading

New Guidelines Aim to Reduce Risks in Ocean Bills of Lading

This article delves into the key differences between straight and order ocean bills of lading concerning cargo ownership control and release risks. It highlights the advantages of order bills of lading in safeguarding the seller's interests. Providing professional advice on bill of lading selection for various trade scenarios, the aim is to assist exporters in mitigating international trade risks. The analysis focuses on how each type of bill of lading impacts the seller's ability to retain control over the goods and the potential for unauthorized release, ultimately guiding exporters towards informed decisions for secure transactions.

02/12/2026 Document Interpretation
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US Port Throughput Faces Challenges Amid Maritime Freight Shifts

US Port Throughput Faces Challenges Amid Maritime Freight Shifts

This paper provides an in-depth analysis of US port throughput data, revealing the impact of the pandemic on maritime trade and forecasting trends for 2024. By reviewing historical data and analyzing key factors, it highlights the crucial role of port data in supply chain management. The paper also introduces a data tracker to assist in decision-making. Embracing data is essential for navigating the future effectively. The analysis underscores the significance of real-time data monitoring for optimizing logistics and mitigating potential disruptions in global trade networks.

01/28/2026 Logistics Industry Insights
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Counterfeit Goods Flood US Via Crossborder Logistics Gaps

Counterfeit Goods Flood US Via Crossborder Logistics Gaps

This paper explores the gray area of shipping counterfeit goods to the United States via international express delivery. It reveals tactics like misdeclaring product names and using batch shipments to evade customs inspection. The study emphasizes the risks of customs seizures, logistics delays, and legal repercussions. It also analyzes the feasibility and limitations of using SF Express forwarding and personal carriage as alternatives. Compliance and respect for intellectual property rights are fundamental to ethical cross-border trade. Operating legally and respecting intellectual property are the cornerstones of cross-border trade.

01/26/2026 Logistics
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