Payoneer Adds Indonesian Rupiah Mexican Peso for Crossborder Payments

Payoneer Adds Indonesian Rupiah Mexican Peso for Crossborder Payments

Payoneer has upgraded its payment platform to support local collections in Indonesian Rupiah (IDR) and Mexican Peso (MXN), simplifying cross-border payment processes, reducing transaction costs, and accelerating cash flow. This initiative aims to empower e-commerce businesses to expand into Southeast Asian and Latin American markets, enhancing their competitiveness in the global market. The new feature streamlines receiving payments in local currencies, making it easier for businesses to operate and grow internationally.

02/12/2026 International Settlement
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UK and China Strengthen Trade Relations with New Agreements

UK and China Strengthen Trade Relations with New Agreements

The UK and China signed a memorandum on "Exporting to China," making the UK the first country to establish a trade facilitation mechanism. Both sides initiated research on a service trade agreement, deepening cooperation in creative industries and financial services. Strengthening the function of the China-UK Joint Economic and Trade Commission enhances government-business collaboration efficiency, providing stronger support for companies from both countries. This aims to further boost bilateral trade and investment ties.

02/12/2026 Customs Knowledge
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Shenzhen Expands Dutyfree Ecommerce Access

Shenzhen Expands Dutyfree Ecommerce Access

Shenzhen's cross-border e-commerce online comprehensive service platform has upgraded its "Tax Exemption Without Invoice" registration module, enabling a fully electronic process. Companies can schedule registrations in advance with clear operational guidelines. This initiative aims to optimize the business environment, support the development of cross-border e-commerce, and help companies easily benefit from policy dividends. The upgrade streamlines the process and improves accessibility for businesses seeking tax exemptions, fostering growth within the sector.

02/12/2026 Customs Knowledge
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North American Class 8 Truck Orders Drop Sharply Amid Demand Slowdown

North American Class 8 Truck Orders Drop Sharply Amid Demand Slowdown

North American Class 8 truck orders experienced a significant decline in November, raising concerns about demand exhaustion and a potential market inflection point. The report analyzes the reasons behind the order decrease, including early release of demand, economic environment, freight rates, policies and regulations, and technological changes. Despite these challenges, the US economic recovery and growing freight demand continue to provide support for the market. Close attention should be paid to future market dynamics.

02/03/2026 Logistics
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Holiday Retail Sales Surge After Strong November

Holiday Retail Sales Surge After Strong November

November retail data showed strong performance, suggesting potential growth for the holiday shopping season. Data from the Commerce Department and NRF indicated both month-over-month and year-over-year increases in retail sales. However, the post-Thanksgiving sales decline serves as a reminder against excessive optimism. Improved economic fundamentals and stable supply chains support holiday spending. Looking ahead to 2015, consumer spending faces both opportunities and challenges, requiring retailers to maintain cautious optimism.

02/03/2026 Logistics Industry Insights
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Yangcheng Countys Ecommerce Hub Boosts Rural Growth

Yangcheng Countys Ecommerce Hub Boosts Rural Growth

Yangcheng County has taken e-commerce livestreaming as a breakthrough point, establishing a professional livestreaming base and forming an industrial cluster effect. It has also constructed a county-wide e-commerce service system, promoting local specialty agricultural products to gain popularity online, driving employment, and realizing high-quality development and rural revitalization empowered by the digital economy. This initiative effectively leverages digital tools to boost the local economy and support rural communities.

02/02/2026 Logistics Industry Insights
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Cape Verdes Trade Facilitation Model Gains Global Praise

Cape Verdes Trade Facilitation Model Gains Global Praise

Cabo Verde, with the support of the World Customs Organization (WCO), has significantly improved its trade facilitation by effectively implementing the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) measures through effective stakeholder engagement. A Time Release Study (TRS) played a crucial role. The innovative practices of Cabo Verde Customs in stakeholder engagement are worthy of emulation. The country's success highlights the importance of collaboration and strategic implementation for achieving trade efficiency and economic growth.

02/02/2026 Customs Knowledge
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Kenyas AEO Program Enhances Trade with WCO Backing

Kenyas AEO Program Enhances Trade with WCO Backing

With Sida's support, the WCO conducted AEO training for Kenya Customs, promoting cross-border cooperation and trade facilitation. The training recommended strengthening policy coordination and risk management to foster mutual recognition cooperation. This initiative aims to enhance the efficiency and security of the supply chain, benefiting both Kenya and its trading partners by streamlining customs procedures and reducing trade barriers. The focus on AEO implementation contributes to a more predictable and reliable trading environment.

02/02/2026 Customs Knowledge
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Dutch Power Ensures Safe Global Battery Air Transport Compliance

Dutch Power Ensures Safe Global Battery Air Transport Compliance

Dutch Power specializes in battery air freight consulting, offering comprehensive risk assessments, compliant packaging, optimized transportation solutions, complete documentation support, and a global network service. We ensure battery transportation is safe, efficient, and compliant with international regulations. With over 15 years of experience and a professional team, we help businesses navigate the global market smoothly. Our expertise covers all aspects of dangerous goods logistics related to batteries, providing peace of mind for our clients.

02/02/2026 Logistics
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Callnovo Wins FP Praise for Resilient Customer Service

Callnovo Wins FP Praise for Resilient Customer Service

Global construction machinery parts expert FP praises Callnovo's customer service execution. Under high pressure, Callnovo ensures stable and orderly service by carefully selecting talent, optimizing operations, and improving contingency plans, earning customer trust and demonstrating excellent customer service capabilities. This proactive approach allows Callnovo to maintain service levels even during peak demand, solidifying their reputation for reliability and responsiveness. Their commitment to operational excellence translates into consistent and dependable support for FP.

02/03/2026 Logistics Industry Insights
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