Peru Customs Boosts Trade with GTFP System Upgrade

Peru Customs Boosts Trade with GTFP System Upgrade

The Global Trade Facilitation Program (GTFP) supports Peruvian Customs in enhancing its strategic planning capabilities. Through remote workshops, the program assists in breaking down strategic objectives, identifying key performance indicators, and providing customized draft strategic maps and control panels. This collaboration aims to promote the modernization of Peruvian Customs, facilitate trade, and inject new vitality into economic development. The project focuses on improving customs efficiency and effectiveness through strategic alignment and performance monitoring, ultimately contributing to Peru's economic growth.

01/30/2026 Customs Knowledge
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Madagascar Customs Enhances Trade Via WCO Training Program

Madagascar Customs Enhances Trade Via WCO Training Program

The WCO is supporting the Malawi Revenue Authority (MRA) in talent development, enhancing human resource management, and addressing trade facilitation challenges. This support includes the launch of an e-learning platform to promote sustainable development. The initiative aims to strengthen the MRA's capabilities in key areas, enabling them to better manage their workforce and streamline trade processes. By investing in talent and providing modern learning tools, the WCO and MRA are working together to create a more efficient and effective customs environment in Malawi.

01/30/2026 Customs Knowledge
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US Freight Market Grows Despite Trade War Concerns

US Freight Market Grows Despite Trade War Concerns

US freight volumes defied expectations in May, surging 11.9% year-over-year, with expenditures also rising by 17.3%. Despite the looming trade war, economic acceleration and restored capacity fueled the freight market's prosperity. Key factors to watch include tariff policies, economic growth trajectory, capacity constraints, and technological innovations. The strong growth suggests resilience in the face of global economic uncertainty, but continued monitoring of these factors is crucial for predicting future market performance.

02/03/2026 Logistics Industry Insights
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Global Shipping Firms Adapt Strategies Amid Trade Shifts

Global Shipping Firms Adapt Strategies Amid Trade Shifts

This article provides an in-depth analysis of the feasibility and cost associated with modifying shipping schedules, destination ports, and bill of lading information in international freight. It details the cost structure, precautions, and cost estimation for modification operations at different stages. The aim is to offer businesses strategies to navigate the complex and volatile international trade environment, enabling them to make informed decisions and minimize additional costs and time pressure. It provides practical guidance for handling these common yet challenging situations.

02/03/2026 Logistics Encyclopedia
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Ocean Freight Surcharges Explained for Global Trade Efficiency

Ocean Freight Surcharges Explained for Global Trade Efficiency

This article provides an in-depth analysis of the three main components of ocean freight costs: ocean freight, surcharges, and local charges. It also details the cost items borne by both buyers and sellers under different trade terms. By understanding the composition of ocean freight costs, companies can effectively control international trade costs and enhance their competitiveness. This knowledge empowers businesses to better manage their logistics expenses and optimize their supply chain for improved profitability in the global market.

02/03/2026 Logistics Encyclopedia
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US Import Trends Shift Amid Tariffs Trade War

US Import Trends Shift Amid Tariffs Trade War

Panjiva data shows US imports declined month-over-month in August but still increased year-over-year. Tariff policies may have prompted importers to front-load shipments, potentially borrowing from peak season demand. Hurricane Florence also introduces uncertainty for September data. The future import trend is influenced by multiple factors, requiring importers to closely monitor market dynamics. The impact of tariffs and potential shifts in trade patterns will be key to watch in the coming months.

02/03/2026 Logistics Industry Insights
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Trump Considers New Tariffs Reviving Trade War Concerns

Trump Considers New Tariffs Reviving Trade War Concerns

U.S. President-elect Trump plans to reinstate tariff policies after taking office, aiming to protect domestic industries and reduce trade deficits. This move could trigger a trade war with profound implications for the global economy. The international community is closely monitoring the direction of his trade policies, calling for countries to strengthen dialogue and communication to maintain the stability of the global trade system. The potential consequences of these policies are a major concern for international trade relations and economic growth.

02/03/2026 Customs Knowledge
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AI Transforms Lead Generation for Global Trade Firms

AI Transforms Lead Generation for Global Trade Firms

In the new landscape of foreign trade customer acquisition driven by AI, GEO optimization is crucial. By optimizing content to be AI's preferred source, it enables precise brand exposure. Working in tandem with SEO, GEO secures traditional traffic while pioneering new AI opportunities. WhaleTrade GEO utilizes human-machine collaboration to solve content creation challenges, helping businesses seize the AI era's advantages and achieve increased inquiries.

02/02/2026 Logistics Industry Insights
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Kenyas AEO Program Enhances Trade with WCO Backing

Kenyas AEO Program Enhances Trade with WCO Backing

With Sida's support, the WCO conducted AEO training for Kenya Customs, promoting cross-border cooperation and trade facilitation. The training recommended strengthening policy coordination and risk management to foster mutual recognition cooperation. This initiative aims to enhance the efficiency and security of the supply chain, benefiting both Kenya and its trading partners by streamlining customs procedures and reducing trade barriers. The focus on AEO implementation contributes to a more predictable and reliable trading environment.

02/02/2026 Customs Knowledge
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Burundi Enhances Trade with Wcos Kyoto Convention Update

Burundi Enhances Trade with Wcos Kyoto Convention Update

The WCO assisted Burundi in acceding to the RKC Agreement, streamlining customs procedures and enhancing trade efficiency. This simplification aims to improve the business environment and promote economic development within Burundi. By adopting the RKC standards, Burundi is working towards faster and more predictable customs clearance, ultimately reducing trade costs and attracting foreign investment. This initiative is expected to contribute significantly to Burundi's integration into the global trading system and foster sustainable economic growth.

02/02/2026 Customs Knowledge
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