World Customs Organization Explains Global Trade Classification System

World Customs Organization Explains Global Trade Classification System

The 59th session of the World Customs Organization (WCO) Harmonized System Committee (HSC) reviewed and released a series of commodity classification opinions, Harmonized System Explanatory Notes revisions, and classification rulings. These decisions directly impact global trade. This article provides an in-depth interpretation of the meeting's outcomes, focusing on newly added commodity classification cases. It also offers practical advice for import and export companies on utilizing HS classification decisions, aiming to help businesses better understand HS codes and enhance their global trade competitiveness.

Major Shipping Firms Raise Rates Threatening Global Trade Costs

Major Shipping Firms Raise Rates Threatening Global Trade Costs

Several shipping companies have announced freight rate increases in late June, affecting routes to Europe, the Mediterranean, Africa, and South America. Companies like MSC, Maersk, Hapag-Lloyd, and CMA CGM are adjusting FAK rates and adding PSS surcharges. Businesses should plan ahead, optimize inventory, explore alternative solutions, and negotiate with customers to mitigate the impact of rising costs. This proactive approach is crucial for navigating the challenges posed by these freight rate adjustments and minimizing disruptions to the supply chain.

06/06/2025 Logistics
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Global Airline Group IATA Establishes Passenger CO2 Calculation Standard

Global Airline Group IATA Establishes Passenger CO2 Calculation Standard

IATA has released new regulations standardizing the calculation of passenger flight carbon emissions. These regulations consider factors like fuel consumption and cabin class, and encourage the use of sustainable aviation fuels (SAF). The initiative aims to enhance transparency and promote sustainable development within the aviation industry by providing a consistent and reliable method for quantifying emissions. This standardized approach will help airlines and passengers alike to better understand and reduce their environmental impact, ultimately contributing to a more sustainable future for air travel.

US Firms Adapt to 2025 Tariffs with New Compliance Strategies

US Firms Adapt to 2025 Tariffs with New Compliance Strategies

US tariff policies are undergoing unprecedented changes. This seminar invites Flexport experts to deeply analyze the latest tariff trends, interpret the impact of policy changes on business, and provide practical response strategies to help companies succeed in the new era of customs affairs. We will cover key aspects of US tariffs, customs clearance best practices, and effective duty drawback strategies to minimize costs and maximize efficiency in your international trade operations. Learn how to navigate the evolving landscape and optimize your supply chain.

Brexit 10 Key Steps for Businesses As Transition Ends

Brexit 10 Key Steps for Businesses As Transition Ends

With the Brexit transition period ending soon, businesses need to be prepared. This article provides a checklist covering ten key areas, including customs compliance, operational impact, import/export licenses, VAT compliance, and supply chain risks. It aims to help businesses navigate the changes brought about by Brexit and ensure continued business success. The checklist offers a framework for companies to assess their readiness and implement necessary adjustments to mitigate potential disruptions and maintain operational efficiency in the post-Brexit environment.

Changchun Postal Service Expands Beyond Deliveries

Changchun Postal Service Expands Beyond Deliveries

Changchun postal codes are not just geographical identifiers, but also bridges for emotional connection. This article provides a simple guide to using Changchun postal codes, including procedures, precautions, and frequently asked questions. It aims to help users send packages more efficiently and accurately, conveying their heartfelt sentiments. This guide helps users navigate the postal system effectively, ensuring their packages reach their destinations smoothly and with the intended emotional impact. It simplifies the mailing process while emphasizing the importance of thoughtful communication.

La Compagnie Innovates with Boutique Allbusiness Flights

La Compagnie Innovates with Boutique Allbusiness Flights

La Compagnie redefines business travel with its all-business class service. Balancing business and leisure, the airline pioneers new routes while prioritizing environmental sustainability and diversity. They aim to provide a premium and comfortable experience, focusing on efficiency and passenger well-being. La Compagnie is committed to reducing its environmental impact through various initiatives and fostering an inclusive workplace. As an IATA member, they adhere to industry best practices and standards, ensuring a safe and reliable travel experience for their customers.

01/05/2026 Airlines
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Guide to Importing Live Piglets Under HS Code 010391

Guide to Importing Live Piglets Under HS Code 010391

This paper delves into the significance of HS Code 010391 in pork import and export, emphasizing the crucial impact of accurate classification on compliance, market access, and tariff costs. Understanding the HS Code allows traders to effectively reduce costs and avoid unnecessary trade risks. Accurate HS classification is essential for determining applicable tariffs and ensuring adherence to import/export regulations. Misclassification can lead to penalties, delays, and increased costs. Therefore, a thorough understanding of HS coding is vital for successful pork trade operations.

Plugable Boosts Growth with Resilient Supply Chain Strategy

Plugable Boosts Growth with Resilient Supply Chain Strategy

Plugable was founded during the 2008 recession and has achieved 13 consecutive years of profitable growth. CFO Nico Fedrigo and his team successfully navigated economic challenges and achieved sustainable development by accurately assessing the impact of supply chain disruptions, optimizing operational processes, and actively participating in strategic decision-making. Plugable's experience provides valuable lessons for other businesses. Their proactive approach to financial planning and supply chain resilience allowed them to thrive even during economic downturns, demonstrating the importance of adaptability and strategic foresight.

WCO UN Call for Unimpeded Trade for Landlocked Nations During Pandemic

WCO UN Call for Unimpeded Trade for Landlocked Nations During Pandemic

The World Customs Organization and the United Nations urge ensuring smooth trade for landlocked developing countries during the pandemic, emphasizing the importance of freedom of transit and international cooperation. By simplifying customs procedures, investing in infrastructure, and diversifying trade partners, we can collectively address the impact of the pandemic on landlocked countries' trade and build a more resilient global supply chain. This collaborative effort aims to mitigate disruptions and foster sustainable economic growth for these vulnerable nations during and after the crisis.