HS 2028 Revisions Aim to Simplify Green Trade Reduce Plastic Waste

HS 2028 Revisions Aim to Simplify Green Trade Reduce Plastic Waste

The World Customs Organization (WCO) 2028 HS Code update helps governments and businesses tackle plastic pollution challenges through more precise commodity classification. The new codes focus on environmentally friendly plastics, single-use plastic products, and related items. This aims to improve trade transparency, promote a circular economy, and create new green trade opportunities for businesses. By specifically identifying and categorizing these goods, the updated HS Code facilitates better monitoring and regulation of plastic waste streams and encourages the adoption of sustainable practices in international trade.

Wcos SAFE Framework Enhances Global Trade Security

Wcos SAFE Framework Enhances Global Trade Security

The 28th SAFE Working Group (SWG) meeting focused on upgrading and monitoring the implementation of the SAFE Framework. Discussions included the implementation monitoring questionnaire, the WCO Data Strategy, the Green Customs Initiative, and capacity building activities. The revised SWG work plan was approved. The meeting also deepened cooperation between customs and sectors such as aviation and ports, injecting new momentum into the future development of global trade. The discussions aimed to enhance efficiency and security in international trade through improved customs procedures and collaboration.

Chinas Ports Lead Global Efficiency Amid Supply Chain Shifts

Chinas Ports Lead Global Efficiency Amid Supply Chain Shifts

The latest Container Port Performance Index (CPPI) reveals strong performance by Chinese ports, with Shanghai Yangshan and Ningbo ports returning to the Top 10. The report highlights the resilience of East Asian ports and the ability of Chinese ports to cope with the pandemic. Digitalization and green fuels are identified as key to port modernization. Inefficient ports pose a risk to developing countries, making investments in infrastructure and technology crucial for improvement and sustained economic growth.

01/04/2026 Logistics
Read More
US Freight Tonnage Drops Sharply Amid Economic Concerns

US Freight Tonnage Drops Sharply Amid Economic Concerns

The American Trucking Associations reported a significant drop in the March freight tonnage index, the first year-over-year decline since August 2021. Economists attribute this to weakness in housing construction, factory output, and retail sales, signaling a potential economic downturn. Despite short-term pressures, the logistics industry retains long-term growth potential driven by e-commerce expansion, supply chain diversification, and the adoption of new technologies. The industry faces challenges but remains poised for future growth.

01/07/2026 Logistics
Read More
US Trucking Volume Grows Again Amid Economic Recovery Signs

US Trucking Volume Grows Again Amid Economic Recovery Signs

According to the American Trucking Associations, the Truck Tonnage Index rose for the second consecutive month in August, signaling a potential economic recovery in the United States. The cumulative growth for the first eight months is 0.1%, but the complex global economic situation warrants cautious optimism. Close monitoring of freight data will be crucial to assess the economic trajectory in the future. The recent increase suggests a positive trend, but sustained growth is needed to confirm a robust recovery.

01/08/2026 Logistics
Read More
Logistics Managers Tackle Supply Chain Adaptability Crisis

Logistics Managers Tackle Supply Chain Adaptability Crisis

The slowdown in the Logistics Manager's Index at the end of 2023 reflects an 'adaptability crisis' in the logistics industry. This analysis examines the 'circular dilemma' faced by logistics managers and the triple challenges in warehouse operations. It emphasizes the importance of adaptive strategies such as building diversified supply chains, digital transformation, and resilient inventory management. The article calls for companies to shift from reactive responses to proactive adaptation, embracing change to navigate the evolving logistics landscape.

Prologis Report Signals Shift in Logistics Real Estate Demand

Prologis Report Signals Shift in Logistics Real Estate Demand

The Prologis IBI index indicates a turning point in logistics real estate demand, with net absorption and new lease signings exceeding the 2024 average. Large enterprises and essential goods industries are the primary drivers, but companies remain cautious in inventory management. Vacancy rates are stable in the short term, potentially tightening in the long run. Investors should focus on industry demand, high-quality facilities, vacancy rate changes, and inventory management strategies to capitalize on market opportunities.

Prologis Reports Rising Demand in Logistics Real Estate

Prologis Reports Rising Demand in Logistics Real Estate

The Prologis IBI index indicates a turning point in logistics real estate demand in Q3, with increases in net absorption, new lease signings, and project pipelines. The report analyzes the drivers behind this demand recovery, including customer actions, improved utilization rates, and a more favorable market environment. While vacancy rates are expected to remain stable in the short term, the market is projected to tighten in the long term as new supply decreases, potentially leading to accelerated rental growth.

Prologis Reports Rising Demand in Logistics Real Estate Sector

Prologis Reports Rising Demand in Logistics Real Estate Sector

The Prologis IBI index indicates a rebound in logistics real estate demand, with increased net absorption, new leasing activity, and project pipeline. Companies are actively addressing trade uncertainties by boosting supply chain investments and improving operational efficiency, leading to a better market environment. While vacancy rates remain stable in the short term, construction is slowing down, potentially accelerating rental growth. Investors should focus on prime assets in core locations, adapt flexibly to market changes, and strengthen risk management strategies.

February Truckload Volume Dips Flatbed Demand Rises Against Trend

February Truckload Volume Dips Flatbed Demand Rises Against Trend

The DAT Truckload Volume Index shows a seasonal decline in van and refrigerated freight in February, while flatbed demand bucked the trend and increased. The overall drop is likely related to the fewer days in February, while the growth in flatbed trucking may be tied to infrastructure and manufacturing recovery. Businesses should pay close attention to market dynamics and be flexible in their response. This shift highlights the importance of monitoring specific sector trends within the broader freight market.