Global Trade Rules to Be Updated Under HS Reform

Global Trade Rules to Be Updated Under HS Reform

The World Customs Organization (WCO) has launched an exploratory study for the strategic review of the Harmonized System (HS) code system. This aims to assess the system's usability, adequacy, and health, while exploring future development strategies. The review addresses new global trade challenges, enhances trade efficiency, and promotes trade facilitation and security. It lays the groundwork for a more efficient, fair, and sustainable global trade system. All parties are encouraged to actively participate and shape the future of the HS system.

01/05/2026 Customs Knowledge
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UPS and USPS Consider New Delivery Partnership As Ecommerce Grows

UPS and USPS Consider New Delivery Partnership As Ecommerce Grows

UPS is in discussions with USPS to revamp their Ground Saver service partnership, aiming to reduce costs and expand coverage. This move stems from increased cost pressures on UPS after taking over delivery responsibilities and the USPS's new leadership seeking to optimize capacity. If the collaboration succeeds, Ground Saver could potentially extend to PO Boxes and locations like Alaska and Hawaii, offering merchants a more competitive logistics solution. The renewed partnership focuses on leveraging each other's strengths for mutual benefit and improved service offerings.

01/08/2026 Logistics
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UPS Secures Major USPS Air Cargo Contract Amid Logistics Shift

UPS Secures Major USPS Air Cargo Contract Amid Logistics Shift

UPS secured the USPS air freight contract, significantly altering the industry landscape. USPS aims to reduce costs and increase efficiency, potentially prompting FedEx to adjust its strategy. Increased competition may lead to lower shipping rates. This deal marks a pivotal shift, forcing competitors to re-evaluate their positions and adapt to the changing dynamics of the air cargo market. The long-term impact on pricing and service offerings remains to be seen, but the industry is undoubtedly entering a new era of intensified rivalry.

01/15/2026 Logistics Industry Insights
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Fedex Shares Drop As USPS Considers New Air Cargo Partners

Fedex Shares Drop As USPS Considers New Air Cargo Partners

FedEx faces challenges in renewing its contract with the United States Postal Service (USPS) as it nears expiration. USPS's air freight reduction significantly impacts FedEx's performance, requiring both companies to balance cost control and profitability improvement. The future direction of their collaboration will profoundly affect the operations and networks of both FedEx and USPS. Negotiations will need to address how to maintain service levels while adapting to changing market dynamics and USPS's evolving needs. The outcome will be crucial for both companies' long-term strategies.

01/15/2026 Logistics Industry Insights
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UPS Wins USPS Air Cargo Contract Ending Fedexs Long Dominance

UPS Wins USPS Air Cargo Contract Ending Fedexs Long Dominance

UPS winning the USPS air cargo contract signifies a reshaping of the express delivery industry. Experts attribute this to USPS's strategic adjustments and intensified market competition. UPS will face integration and competitive challenges, while FedEx may accelerate its own transformation. This shift heralds a new round of competition within the express delivery sector. The contract represents a significant win for UPS, but also necessitates careful management to maintain efficiency and profitability in the face of evolving market dynamics.

01/15/2026 Logistics Industry Insights
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Florida Logistics Hit As Hurricane Ian Disrupts UPS Fedex USPS

Florida Logistics Hit As Hurricane Ian Disrupts UPS Fedex USPS

Hurricane Ian severely impacted Florida, leading to service suspensions by UPS, FedEx, and USPS, causing supply chain disruptions. Businesses need to strengthen risk management, diversify supply chain networks, and establish contingency plans to enhance supply chain resilience in order to cope with future challenges. The disruptions caused by the hurricane highlight the vulnerability of concentrated supply chains and the importance of proactive planning to mitigate potential risks and ensure business continuity in the face of unforeseen events.

01/16/2026 Logistics
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Moldova Advances Customs Reform with SECOWCO Aid Targets 2026 TRS

Moldova Advances Customs Reform with SECOWCO Aid Targets 2026 TRS

Moldova, with the support of the SECO-WCO Global Trade Facilitation Programme, held a virtual Time Release Study (TRS) workshop to assess clearance times and develop a national implementation roadmap. The goal is to complete the TRS report by January 2026, covering import and export processes, and to make it available to all stakeholders. The WCO pledged continued technical support to help Moldova improve trade facilitation and promote economic development. The TRS aims to identify bottlenecks and recommend improvements to streamline border procedures.

12/30/2025 Customs Knowledge
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China Merchants Shekou Evolves from Reform Pioneer to Urban Leader

China Merchants Shekou Evolves from Reform Pioneer to Urban Leader

China Merchants Shekou, originating from the Shekou Industrial Zone, is a pioneer of China's reform and opening-up and a leading integrated developer and operator of cities and parks. Its businesses cover urban development, park operation, and cruise industry, with brand value ranking among the top in the industry. The company actively fulfills its social responsibilities and is committed to promoting sustainable development. It strives to create value for shareholders, customers, and society through innovation and high-quality services.

01/16/2026 Logistics Industry Insights
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Xiamen Customs Promotes Port Clearance Reform to Boost Foreign Trade Development

Xiamen Customs Promotes Port Clearance Reform to Boost Foreign Trade Development

Xiamen Customs is committed to creating a convenient port clearance environment through deepening reforms and innovative measures, actively promoting the transformation and upgrading of foreign trade. The introduction of the 'dual-screen machine' and 'online reservation inspection platform' has effectively improved clearance transparency and efficiency, significantly reducing time costs for enterprises in the Free Trade Zone and fostering positive interactions between customs and businesses. In the future, Xiamen Customs plans to launch a mobile client to provide mobile clearance services.

07/21/2025 Logistics
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WCO Workshop Advances Digital Customs Reform in West and Central Africa

WCO Workshop Advances Digital Customs Reform in West and Central Africa

The World Customs Organization (WCO) held a data analysis workshop for the West and Central Africa region, aiming to enhance the data analysis capabilities of customs administrations in the region. The workshop introduced the WCO's Big Data Strategy, shared member experiences, and updated participants on the latest developments in WCO capacity building. Participants highly appreciated the event and expressed their commitment to further strengthening cooperation to jointly promote the regional digital transformation of customs.

01/05/2026 Customs Knowledge
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