Business, Forwarding, Freight News, Logistics

U-Freight welcomes customs e-commerce pact

[ January 4, 2018   //   ]

Hong Kong forwarder the U-Freight Group (UFL) has welcomed the Luxor Resolution on cross-border e-commerce, which was adopted by the World Customs Organisation on 7 December.

The Resolution, addresses critical aspects of the e-commerce supply chain such as advance electronic data, facilitation and simplification safety and security and revenue collection and aims to help customs and government agencies, businesses and other stakeholders to respond to the current and emerging challenges.

UFL chief executive, Simon Wong, CEO said: “These issues are fundamental to helping Customs and other government agencies, businesses, and other stakeholders in the cross-border e-commerce supply chain to understand, coordinate and better respond to the current and emerging challenges.”
UFL is a China Customs-licensed Cross-border E-Commerce Enterprise, as well as a Cross-border E-Commerce Logistics Service Provider and has developed a system to connect e-commerce/e-shop platforms with customs.
In the area of outreach and capacity building, U-Freight has committed to investing in developments at a number of its warehouses around the world to better equip them to handle the logistics associated with the ever-growing global e-commerce business.
Wong adds: “The exponential growth of e-commerce is presenting several challenges to governments and businesses alike, in terms of trade facilitation, safety and security, society protection, and accurate and efficient collection of duties and taxes.

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