Seychelles Customs Officials Enhance Valuation Skills in WCO Training

Seychelles Customs Officials Enhance Valuation Skills in WCO Training

The World Customs Organization (WCO) conducted a customs valuation training in Seychelles to enhance the practical skills of the country's customs officers. The training focused on the core principles of the WTO Agreement on Customs Valuation, combining theoretical knowledge with practical exercises. This initiative is part of the WCO's capacity building project, aimed at assisting developing countries in improving customs administration, promoting trade facilitation, and increasing revenue collection. Accurate customs valuation is crucial for ensuring revenue integrity and maintaining fair trade practices.

01/26/2026 Customs Knowledge
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Port of New York and Jersey Expands with Infrastructure Upgrades

Port of New York and Jersey Expands with Infrastructure Upgrades

The Port of New York and New Jersey solidifies its position as the second busiest port in the United States, driven by significant container throughput and ongoing infrastructure upgrades. The 33-year lease renewal agreement with Maher Terminals signals a new phase of infrastructure improvements and operational optimization, further enhancing its competitiveness in the global trade network. This commitment to modernization ensures the port remains a vital trade hub, facilitating efficient movement of goods and contributing significantly to the regional and national economy.

01/26/2026 Port Encyclopedia
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Qingdao Port Opens Direct Australia Shipping Route for Ecommerce

Qingdao Port Opens Direct Australia Shipping Route for Ecommerce

Mediterranean Shipping Company (MSC) and Qingdao Port have launched the first direct Australia route in Northern China, significantly reducing transit times. Leveraging its robust hub capabilities and comprehensive logistics network, Qingdao Port enhances trade efficiency between Northern China and Australia, providing consumers with a more convenient cross-border e-commerce experience. This new route strengthens Qingdao Port's position as a key gateway for international trade and underscores the benefits of sea-rail intermodal transport for faster and more efficient supply chains.

01/26/2026 Logistics
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Global Shipping Costs Key Factors in Freight and Customs

Global Shipping Costs Key Factors in Freight and Customs

This article provides an in-depth analysis of the three main components of international shipping costs: ocean freight, surcharges, and customs clearance fees. It details how ocean freight is calculated, the types and causes of surcharges, and the various fees included in customs clearance. The aim is to help foreign trade companies understand the composition of shipping costs, effectively control expenses, and increase profits. This knowledge empowers businesses to optimize their logistics strategies and improve overall financial performance in international trade.

01/26/2026 Logistics Encyclopedia
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Key Clauses in Air Freight Contracts Help Exporters Reduce Risks

Key Clauses in Air Freight Contracts Help Exporters Reduce Risks

International air freight contracts harbor hidden risks. Foreign trade enterprises need to pay attention to five key clauses: cargo description, transportation time, payment terms, liability limitations and insurance, and breach of contract. Clearly defining details and agreeing on responsibilities can effectively avoid potential risks, protect their own rights and interests, and ensure the smooth progress of international trade. Careful review and negotiation of these clauses are crucial for mitigating potential disputes and financial losses associated with international air freight transactions.

01/26/2026 Logistics
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German Industrial Output Rises on Strong Auto Sector Recovery

German Industrial Output Rises on Strong Auto Sector Recovery

German industrial production unexpectedly rose by 0.8% in November, driven mainly by the automotive sector. However, the trade surplus narrowed as exports declined and imports increased. Data revisions showed stronger industrial production growth than initially reported. The global economic situation, geopolitical tensions, and energy prices will continue to influence the German economy. The narrowing trade surplus suggests potential challenges despite the positive industrial production figures. Overall, the German economy faces a complex outlook with both positive and negative factors at play.

01/28/2026 Logistics Industry Insights
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Shopify Stores Hide Prices to Boost B2B Lead Generation

Shopify Stores Hide Prices to Boost B2B Lead Generation

This article details how to transform a Shopify store into a B2B foreign trade inquiry-driven website by modifying the currency format to hide product prices. By concealing prices, sellers can more effectively collect customer information, provide personalized quotes, and establish long-term partnerships, ultimately contributing to the growth of their foreign trade business. This strategy allows for lead generation and customized pricing strategies within the Shopify platform, fostering stronger client relationships and improved sales opportunities in the B2B sector.

02/11/2026 Customs Knowledge
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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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LA Long Beach Ports See Throughput Drop Amid Challenges

LA Long Beach Ports See Throughput Drop Amid Challenges

Los Angeles and Long Beach ports experienced a significant drop in February throughput due to a combination of factors including a global trade slowdown, the Lunar New Year holiday, and inventory backlogs. Despite these challenges, there is potential for future growth as Chinese production recovers and port infrastructure improves. Key to this growth is resolving labor negotiations, expanding trade partnerships, and improving service quality to adapt to market changes and achieve sustainable development. The decline highlights ongoing supply chain vulnerabilities.

01/20/2026 Logistics
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LA Long Beach Ports Post Strong April Volumes May Outlook Weakens

LA Long Beach Ports Post Strong April Volumes May Outlook Weakens

Los Angeles and Long Beach ports showed strong throughput in April, but uncertainty surrounding tariff policies is expected to cause a significant decline in May. Analysis indicates April's growth was temporary, with continued weak exports and a surge in empty containers. The uncertainty of tariff policy negatively impacts the economy. Recommendations include strengthening trade cooperation, optimizing port operations, improving infrastructure, and promoting green development. The strong April performance is unlikely to be sustained due to ongoing trade tensions and their associated risks.

01/20/2026 Logistics
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