Trade War Risks Global GDP Growth Businesses Urged to Adapt

Trade War Risks Global GDP Growth Businesses Urged to Adapt

Bloomberg Economics reports that trade war uncertainty could cost the global GDP $585 billion, impacting both China and the US economies. Businesses face challenges like rising costs and supply chain adjustments, requiring them to cut costs, diversify sourcing, and increase innovation investment. Data analysts can quantitatively analyze the impact of trade wars on macroeconomics, industries, businesses, and supply chains, providing data support for corporate response strategies. This analysis can help businesses navigate the complexities and mitigate the negative effects of ongoing trade tensions.

01/29/2026 Logistics Industry Insights
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Experts Warn of Supply Chain Risks Amid Global Trade Uncertainty

Experts Warn of Supply Chain Risks Amid Global Trade Uncertainty

In an interview, Chris Rogers, Head of Supply Chain Research at S&P Global Market Intelligence, provides insights into the US import outlook, traditional peak season expectations, inventory glut, and the impact of US-China trade relations on global supply chains. He advises businesses to embrace digitalization and build diversified, resilient supply chains to navigate the complex and volatile global trade environment. This approach is crucial for mitigating risks and ensuring business continuity in the face of ongoing geopolitical and economic uncertainties.

01/28/2026 Logistics Industry Insights
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Top 50 Apps to Enhance Efficiency for Global Trade Professionals

Top 50 Apps to Enhance Efficiency for Global Trade Professionals

This article selects 50 commonly used foreign trade apps, covering instant messaging, social media marketing, search engines, map tools, translation software, and email. It aims to help foreign trade practitioners improve efficiency and expand their markets. By making good use of these digital tools, foreign trade personnel can build efficient workflows, enhance customer development and maintenance capabilities, and achieve greater success in global trade.

02/12/2026 Logistics Encyclopedia
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COSCO Shipping Unveils Digital Supply Chain Solution for Global Trade

COSCO Shipping Unveils Digital Supply Chain Solution for Global Trade

COSCO SHIPPING Holdings announced the official operation of its Supply Chain Logistics Division, entering the third-party logistics sector. Focusing on three core areas: integrated end-to-end services, digital intelligent operations, and a global supply chain ecosystem, it aims to build a customer-centric digital supply chain ecosystem. This will provide one-stop solutions, reshape the industry landscape, and help companies gain a competitive edge in global trade.

02/11/2026 Logistics
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Guide to Duty Refunds for Missing Goods in Global Trade

Guide to Duty Refunds for Missing Goods in Global Trade

The World Customs Organization recommends simplifying import duty and tax refund processes to prevent taxation on non-imported goods. This covers duty drawback and release of security, emphasizing timely declaration and sufficient proof. Members are urged to streamline procedures, make prompt decisions, and share information. This guide analyzes the recommendation, helping businesses understand the application process and reduce trade costs. The key is efficient documentation and adherence to established guidelines for successful claims and minimized financial burdens in international trade.

01/20/2026 Customs Knowledge
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WCO Launches Global Network to Promote Gender Equality in Trade

WCO Launches Global Network to Promote Gender Equality in Trade

The World Customs Organization (WCO) launched the Gender Equality and Diversity Network to promote gender mainstreaming in human resource management, policymaking, and technology application within customs administrations worldwide. The initiative aims to address challenges posed by the pandemic and provide relevant tools and resources. Ultimately, the network seeks to foster a more inclusive and sustainable trade future by ensuring gender considerations are fully integrated into customs operations and policies globally.

02/12/2026 Customs Knowledge
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Global Trade System ATA Carnet to Go Digital by 2027

Global Trade System ATA Carnet to Go Digital by 2027

The ATA/Istanbul Convention Administrative Committee meeting focused on the digital transformation of the ATA Carnet system, aiming for full global digital customs clearance by 2027. The meeting established a global transition timeline for e-ATA and emphasized the importance of customs readiness guidelines and global training. The goal is to enhance customs clearance efficiency, reduce trade costs, and ensure trade security, ultimately fostering a new future for global trade. This initiative promises streamlined processes and improved security measures, contributing to a more efficient and secure international trade environment.

02/12/2026 Customs Knowledge
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Global Trade to Hit Record High in 2024 Despite Tariffs

Global Trade to Hit Record High in 2024 Despite Tariffs

UNCTAD forecasts global trade to reach a new high of $33 trillion in 2024, driven primarily by services. Developed economies are leading the growth, while developing economies face pressure, with significant divergence across sectors. The report warns of potential tariff policy risks from the US, and recommends that countries diversify trade, strengthen innovation and cooperation to address challenges and seize opportunities. The aim is to promote sustainable global trade development.

02/12/2026 Logistics Industry Insights
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Material Handling Firms See Revenue Growth As Global Trade Shifts

Material Handling Firms See Revenue Growth As Global Trade Shifts

A study by the Control System Integrators Association reveals optimism among global material handling system integrators regarding future growth. Two-thirds of respondents anticipate revenue growth by 2026. Integrators are addressing global supply chain challenges through technological innovation and service upgrades, playing a crucial role in logistics management. Their contributions are vital for ensuring the stability and efficiency of global trade. The survey highlights the positive outlook and ongoing efforts within the material handling industry to adapt and thrive in a dynamic global market.

02/03/2026 Logistics
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Global Trade Shifts Focus from Reshoring to Supply Chain Diversification

Global Trade Shifts Focus from Reshoring to Supply Chain Diversification

A Kearney report indicates a growing desire among companies to reshore and diversify their supply chains. This shift is driven by geopolitical factors, the pandemic, cost considerations, and technological advancements. Consequently, supply chains are becoming more regionalized, digitized, and resilient. Companies are actively exploring strategies like nearshoring and diversifying their supplier base to mitigate risks and enhance responsiveness. The report highlights the increasing importance of building adaptable and agile supply chains in the face of global uncertainties.

02/03/2026 Logistics Industry Insights
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