Flexport has shaken Up Digital Customs Space for USA, Removes 282 Competitors from Its Simulator
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Global logistics technology company Flexport has announced a major change in the digital customs ecosystem, as per recent announcement from there CEO Ryan Petersen they have removed approx.. 282 competing platforms from accessing their digital customs duty simulator.
Immediate impact - This change could have on customs agents and importers, importing goods into the United States. This could have short-term consequences for importers relying on third-party tools for duty calculations and Inaccurate or delayed customs duty estimates calculation.
Customs brokers and freight forwarders may now need to revalidate their calculation tools or switch to authorized systems to ensure accuracy.
Flexport’s digital customs simulator - It can be said to have a monopoly in this activity. It is a free digital tool that allows customers to calculate US import customs duties and tariffs accurately before shipping goods. The system has been widely used by importers, customs brokers, and logistics providers to estimate landed costs and ensure compliance with US customs regulations.
By offering this service at no cost, Flexport positioned itself as a key digital enabler in global trade, especially for small and mid-sized businesses that lack in-house customs expertise.
“If your customs agent is having trouble accurately calculating the customs duties on your products this week, it is probably due to this change,” Petersen wrote.
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