Uzbekistan Boosts Customs Audits with Maldives Partnership

Uzbekistan Boosts Customs Audits with Maldives Partnership

Uzbekistan and Maldives collaborated to enhance post-clearance customs audit capabilities through a virtual workshop under the World Customs Organization framework. This initiative focused on capacity building and fostering customs cooperation between the two nations. The workshop aimed to improve audit processes and efficiency, contributing to better revenue collection and trade facilitation. This collaboration exemplifies the WCO's commitment to supporting its member countries in strengthening their customs administrations and promoting effective customs practices.

01/26/2026 Customs Knowledge
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Qingdao Expo 2026 to Showcase Chinas Booming Livestock Sector

Qingdao Expo 2026 to Showcase Chinas Booming Livestock Sector

The 2026 China (Qingdao) Livestock Expo, themed "Ecology First, Green Development," brings together domestic and international enterprises across the livestock industry chain, providing a golden platform for display, exchange, and cooperation. The expo precisely targets buyers, helping companies expand their markets, enhance their brands, and seize the trillion-dollar opportunities in the livestock industry. It showcases innovative technologies and sustainable practices, fostering a future of environmentally responsible and economically prosperous livestock farming.

01/26/2026 Logistics Industry Insights
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Oversupply Dampens Cloud Shipping Industrys Rate Hike Prospects

Oversupply Dampens Cloud Shipping Industrys Rate Hike Prospects

The shipping industry failed to see the expected freight rate increase in September, mainly due to oversupply. SeaIntel believes that supply-demand balance will be difficult to achieve after 2019. New vessel orders from CMA CGM and MSC exacerbate concerns. The industry needs to pay attention to market dynamics, embrace change, and strengthen cooperation to achieve sustainable development. The persistent overcapacity continues to depress shipping prices and casts doubt on a swift market recovery.

01/27/2026 Logistics Industry Insights
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Winter Storms Push Truckload Rates to Record Highs in January

Winter Storms Push Truckload Rates to Record Highs in January

Recent data from DAT Freight & Analytics reveals that US freight volume hit a historic high in January due to the impact of cold weather, leading to a surge in spot rates. Experts analyze that this is not a long-term trend, and the market is expected to return to seasonal patterns in the future. Shippers and carriers need to flexibly adjust strategies, optimize transportation networks, strengthen cooperation, and leverage technology to cope with market changes.

01/27/2026 Logistics Industry Insights
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Mongolia Boosts Customs Efficiency Via HS Rules Advance Rulings

Mongolia Boosts Customs Efficiency Via HS Rules Advance Rulings

With the support of the World Customs Organization, Mongolia successfully hosted a national workshop on the HS Nomenclature and Advance Rulings, aimed at enhancing the commodity classification skills of customs officials and addressing the increasingly complex challenges of international trade. Through international cooperation and experience exchange, Mongolian Customs is committed to improving efficiency, promoting trade facilitation, and contributing to national budget revenue. The workshop emphasized practical application and knowledge sharing to strengthen customs operations.

01/26/2026 Customs Knowledge
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Zambia Zimbabwe Enhance Trade Via Customs Data Link

Zambia Zimbabwe Enhance Trade Via Customs Data Link

Zambia and Zimbabwe are collaborating to promote customs data interconnectivity, aiming to improve cross-border trade efficiency, reduce costs, and enhance security. With technical support from the World Customs Organization, the two countries are unifying data standards, establishing information packages, and refining legal frameworks. This lays a solid foundation for future cooperation and provides valuable experience for other African nations. This initiative heralds a future of more efficient and convenient cross-border trade.

01/26/2026 Customs Knowledge
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Global Trade Strategies to Reduce Ocean Freight Costs

Global Trade Strategies to Reduce Ocean Freight Costs

This article delves into the various factors influencing shipping company charges in foreign trade, including routes, cargo characteristics, bunker adjustment factor (BAF), currency adjustment factor (CAF), port surcharges, peak season surcharges (PSS), and transit time. It aims to help foreign trade enterprises accurately calculate transportation costs, negotiate more favorable cooperation terms, and ultimately enhance their competitiveness in global trade. Understanding these elements is crucial for effective cost management and securing optimal shipping agreements.

01/26/2026 Logistics Encyclopedia
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Cambodiasaudi Arabia Trade Growth Spurs Investment Prospects

Cambodiasaudi Arabia Trade Growth Spurs Investment Prospects

Cambodia and Saudi Arabia are accelerating their economic and trade cooperation, witnessing a surge in trade volume. Saudi Arabia plans to invest in four key sectors in Cambodia: energy, agriculture, food security, and infrastructure. This move is expected to bring new growth opportunities to Cambodia, optimize its foreign trade structure, enhance industrial competitiveness, and improve people's livelihoods. Cambodian businesses are encouraged to seize this opportunity and actively expand into the Middle Eastern market.

01/26/2026 Logistics Industry Insights
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Global Collaboration Urged to Strengthen Aviation Security

Global Collaboration Urged to Strengthen Aviation Security

IATA calls for strengthened cooperation between the global aviation industry and governments to address passenger growth and emerging security threats, ensuring aviation safety. Key priorities include implementing global standards, enhancing information sharing, promoting risk-based security measures, and addressing cybersecurity threats. Through collaboration and innovation, the aim is to collectively build a safe and efficient future for air transport. This partnership is crucial for maintaining high safety levels while accommodating increasing air travel demand.

01/27/2026 Logistics Industry Insights
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Guide to Verifying Vietnamese Firms for Safe Investments

Guide to Verifying Vietnamese Firms for Safe Investments

This article guides businesses on efficiently verifying the qualifications and registration information of Vietnamese companies to mitigate cooperation risks. It details key information for inquiry, specific steps, and important considerations. The article emphasizes the importance of selecting professional services to assist companies in achieving stable development within the Vietnamese market. By providing practical guidance on conducting thorough due diligence, businesses can make informed decisions and protect their interests when engaging with Vietnamese partners.

01/27/2026 Customs Knowledge
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