WCO Launches Global Program to Enhance Customs Efficiency

WCO Launches Global Program to Enhance Customs Efficiency

The World Customs Organization (WCO) has launched the second round of its Performance Measurement Mechanism (PMM), inviting members to participate in self-assessment. This initiative aims to help national customs administrations identify challenges, improve operations, and receive targeted capacity building assistance from the WCO. The PMM comprehensively evaluates customs performance in areas such as trade facilitation, revenue collection, and enforcement. Ultimately, the goal is to enhance the efficiency and effectiveness of customs worldwide, thereby fostering international trade development and contributing to a more secure and predictable global trading environment.

01/15/2026 Customs Knowledge
Read More
American Signature Bankruptcy Leaves Chinese Suppliers Unpaid

American Signature Bankruptcy Leaves Chinese Suppliers Unpaid

The bankruptcy of ASI, a long-established American furniture retailer, exposes challenges including high inflation, high interest rates, and trade frictions, directly impacting Chinese furniture exporters. Suppliers like Man Wah are facing millions of dollars in credit risk, highlighting the risks faced by export companies. Experts recommend that companies review contracts, strengthen risk management, and explore diversified markets to cope with the challenges posed by the global economic downturn and trade frictions. This situation underscores the need for proactive strategies to mitigate potential financial losses and maintain business stability.

01/15/2026 Logistics Industry Insights
Read More
US Container Imports Near Record Amid Tariffs Seasonal Demand

US Container Imports Near Record Amid Tariffs Seasonal Demand

U.S. container imports in August approached historical peak levels, driven by both tariff policies and seasonal demand. The report indicates a slight month-over-month decrease but a year-over-year increase, surpassing pre-pandemic levels. Adjustments in tariff policies, the global economic situation, and supply chain resilience will be key factors influencing future import volumes. The surge suggests businesses are anticipating potential future trade changes and stocking up accordingly. This trend highlights the complex interplay between trade policy, economic forecasts, and logistical planning in the global market.

01/15/2026 Logistics
Read More
Guide to HS Code Chapter 41 Raw Hides and Leather Explained

Guide to HS Code Chapter 41 Raw Hides and Leather Explained

This article provides a detailed interpretation of Chapter 41 of the HS Code, "Raw hides and skins (other than furskins) and leather," covering an overview of the chapter, interpretation of notes, analysis of specific items, processing techniques, application fields, and trade applications. It aims to provide comprehensive and professional knowledge for practitioners, traders, and consumers in the leather industry, contributing to the prosperity and development of the industry. This includes understanding the nuances of leather trade regulations and the implications of the HS code for different types of leather and leather products.

01/19/2026 HS Code Query
Read More
Guide to Bill of Lading Types in Maritime Shipping

Guide to Bill of Lading Types in Maritime Shipping

The Bill of Lading (B/L) is a crucial document in international trade, serving as a document of title, evidence of a contract of carriage, and a receipt for goods. This paper provides a detailed overview of various B/L types, categorized by issuance time, consignee designation, endorsements, and format. It analyzes the application scenarios and associated risks of each type, aiming to assist readers in selecting the appropriate B/L to ensure trade security. Understanding the nuances of different B/L types is essential for mitigating potential risks in international transactions.

01/19/2026 Document Interpretation
Read More