Leading e-Commerce Logistics Platforms Partner to Create a Seamless Cross-Border Trade Experience with Automated Calculation and Collection of Duty and Tax
BoxC and Zonos announced that they have partnered to provide the industry’s most comprehensive e-commerce logistics management solutions to digitalize the payment and collection of duties and taxes for cross-border e-commerce shipments.
The combined solutions help shippers and logistics service providers reduce late or rejected shipments by automating many of the processes involved in managing them. Processes, such as handling duty and tax calculation and collection, are critical to buying, selling, and shipping goods internationally—though challenging, they can’t be avoided.
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“We recognized that by partnering, we could offer a more complete and better solution for cross-border e-commerce than what currently exists in the industry.”
— Michael Pakula, CEO of BoxC
In today’s competitive logistics market, one company cannot possibly provide every aspect of what is needed to ensure shipments arrive on time and in full. BoxC and Zonos realized that combining their efforts creates a “freightech” solution with strengths that bring a competitive synergy to the e-commerce market, delivering a combined value not found elsewhere.
McKinsey and Company recently completed a study on trade digitalization, concluding that companies could save $6.5 billion in direct costs while enabling $40 billion in global trade by streamlining trade documentation, a paper-intensive and resource-consuming process. Moreover, automated prepayment and the standardization of digitized documentation globally, add a new facet of efficiency and productivity to the cumbersome process.
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“We recognized that both companies offered shippers complimentary services for international e-commerce and decided that, by partnering, we could offer a more complete and better solution for cross-border e-commerce than what currently exists in the industry,” said Michael Pakula, CEO of BoxC.
One of the initial benefits of the partnership is that e-commerce retailers using Zonos’ Landed Cost guarantee service can link their BoxC account via API so that the collection and payment of duties and taxes is a seamless experience.
“We are excited to announce our forthcoming integration capabilities with BoxC and provide this joint offering to our merchants and partners worldwide. This inclusive cross-border enablement solution pairs landed cost transparency with customizable logistics options. This combination will empower businesses to manage costs while scaling to achieve their global growth initiatives,” said Tiffanie Archie, Strategic Partner Manager at Zonos.