WCO Issues Guidance on Customs Valuation and Transfer Pricing

WCO Issues Guidance on Customs Valuation and Transfer Pricing

The World Customs Organization (WCO) guide aims to harmonize customs valuation and transfer pricing, addressing the challenges posed by related-party transactions. It draws on practical experiences from various countries. The guide seeks to provide clarity and promote consistent application of valuation principles in the context of international trade, especially when dealing with multinational enterprises and their internal pricing policies. This harmonization effort is crucial for ensuring fair revenue collection and preventing trade distortions arising from discrepancies between customs valuation and transfer pricing methodologies.

02/02/2026 Customs Knowledge
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YRC Freight Approves Network Plan to Enhance Efficiency

YRC Freight Approves Network Plan to Enhance Efficiency

YRC Freight's network optimization plan has been approved, aiming to improve operational efficiency and customer service through measures such as terminal consolidation, distribution center optimization, and route adjustments. This initiative is a crucial step for YRC Freight to address market challenges and achieve transformation, providing a reference for the LTL industry's development. However, during implementation, the company needs to pay attention to employee rights and social responsibility to achieve sustainable development. The plan is expected to streamline operations and enhance YRC Freight's competitiveness in the long run.

02/04/2026 Logistics
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Global Ports Invest in Quality Amid Rising Competition

Global Ports Invest in Quality Amid Rising Competition

The 2015 West Coast labor disruptions shifted the port competition landscape, while the Panama Canal expansion presented both opportunities and challenges. Ports are increasing investments to improve efficiency and address growing competition. The Logistics Management's Quest for Quality Awards highlight industry benchmarks, with winning ports demonstrating enhanced competitiveness through technological innovation and customer service. Moving forward, ports need to continue investing, embrace new technologies, and strengthen customer partnerships to thrive in the evolving global trade environment. These strategies are crucial for maintaining and improving their market position.

02/04/2026 Logistics Industry Insights
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Mobile Tech Boosts Lastmile Delivery Efficiency

Mobile Tech Boosts Lastmile Delivery Efficiency

This paper delves into the challenges and opportunities of the 'last mile' delivery in logistics. It explains how mobile solutions can enhance efficiency, reduce costs, and improve customer experience through digitized workflows, real-time communication, and optimized route planning. A case study of Titan Machinery showcases the significant benefits of mobile practices. Furthermore, the paper introduces methods for rapid mobile application development and deployment, highlighting the ease with which companies can adopt these solutions to address last-mile inefficiencies and improve overall logistics performance.

02/04/2026 Logistics Industry Insights
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US Imports Rise 2017 Trends and Outlook

US Imports Rise 2017 Trends and Outlook

This article provides an in-depth analysis of US import data released by Panjiva, revealing the growth trend of US seaborne imports in the first half of 2017. It explores the impact on major trading partners, tariff-sensitive industries, and the consumer goods market. Furthermore, it forecasts the import situation for the full year, highlighting geopolitical risks such as trade protectionism and global economic slowdown, and offers coping strategies for businesses. This analysis aims to provide insights into the evolving trade landscape and potential challenges ahead.

02/04/2026 Logistics
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Smart Logistics Firms Lead in Digital Transformation

Smart Logistics Firms Lead in Digital Transformation

This article delves into how logistics companies can leverage digital transformation to address challenges and seize opportunities. It focuses on key areas such as digital freight matching, supply chain reshaping, workforce management, technology enablement, and talent crisis. Through real-world examples, it illustrates how to utilize new technologies, optimize processes, and enhance talent quality to build a more efficient, intelligent, and sustainable supply chain. Ultimately, the goal is to achieve success in future competition by embracing digital solutions and fostering a data-driven approach to logistics operations.

02/04/2026 Logistics
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US Freight Demand Spikes Raising Inflation Fears

US Freight Demand Spikes Raising Inflation Fears

The Cass Freight Index indicates continued growth in U.S. freight volume and expenditures, suggesting an accelerating economic recovery. Concerns arise from tight capacity and inflationary pressures. Businesses need to optimize supply chains, improve efficiency, and proactively address inflation to navigate market challenges. The sustained growth in freight activity signals robust economic activity, but companies must remain vigilant to mitigate potential risks associated with rising costs and logistical constraints. Monitoring the Freight Index remains crucial for understanding the economic landscape and making informed business decisions.

02/04/2026 Logistics Industry Insights
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Supply Chain Conference Spotlights Tech Innovation Resilience

Supply Chain Conference Spotlights Tech Innovation Resilience

The 2025 Next-Gen Supply Chain Conference brought together over 200 industry leaders, focusing on key technologies and strategies such as AI, robotics, automation, digital twins, resilience, and sustainability. Attendees explored how to leverage emerging technologies to optimize operations, build more resilient supply chains, and achieve sustainability goals. The conference provided a valuable platform for companies to learn about the latest trends, establish partnerships, and prepare for future challenges. It highlighted the importance of innovation and adaptation in navigating the evolving landscape of modern supply chains.

02/04/2026 Logistics Industry Insights
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Macys Overhauls Supply Chain to Modernize Retail Operations

Macys Overhauls Supply Chain to Modernize Retail Operations

Macy's is tackling challenges from fast fashion and e-commerce by reshaping its supply chain, enhancing inventory efficiency, and focusing on sustainability. Key strategies include precise forecasting, optimized inventory placement, omnichannel integration, and sustainable practices. Data-driven insights are crucial, with analysis of sales, inventory, and logistics data enabling more efficient operations and improved customer experiences. Macy's case offers valuable transformation lessons for traditional retail businesses, demonstrating how strategic supply chain adjustments can lead to improved performance and competitiveness in a rapidly evolving market.

02/04/2026 Logistics Industry Insights
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Global Firms Adopt Agile Supply Chains to Streamline Crossborder Logistics

Global Firms Adopt Agile Supply Chains to Streamline Crossborder Logistics

This paper explores how businesses can transform the challenges of cross-border logistics into a competitive advantage through innovative logistics models. By implementing customized cross-docking strategies and integrated information systems, companies can eliminate warehousing needs, enhance reliability, and accelerate time-to-market. This approach enables the construction of an efficient and agile supply chain, allowing businesses to gain a head start in the global market. The focus is on optimizing processes and leveraging technology to streamline international shipments and improve overall supply chain performance.

02/04/2026 Logistics Industry Insights
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