Shipping goods overseas is full of risks and potential delays. With that in mind, Atlanta-based UPS has enhanced its TradeAbility trade management tool—which provides international shippers with the ability to better manage the customs clearance processes for packages-to automatically alert shippers if they’re trying to send a package to a person, organization or country under official government restriction. The upgraded “denied party” screener helps customers comply with government trade regulations by identifying restricted trading partners before goods are shipped. Without such a tool, customers run the risk of packages being seized by customs.
TradeAbility’s denied party screener relies on more than 25 U.S. government lists, and 10 non-U.S. lists, for its source information. That automates the process for shippers and eliminates the need to consult each list individually. The international sources include lists published by the United Nations, Interpol, and the governments of Canada and Japan. UPS monitors these lists daily, providing the most up-to-date results.
UPS TradeAbility identifies and applies a product’s tariff code, which is used to describe goods for duty calculation, tariff assessments and documentation filings. The tool also helps estimate landing costs as a shipment moves across borders, including duties, taxes, and transportation charges.