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UPS Aids Import Fee Transparency via Global Checkout Service Launch
ZACKSยท 2025-03-31 14:10
Core Insights - UPS has launched UPS Global Checkout to simplify international online shopping by providing full transparency on costs, including duties, taxes, and fees at checkout, ensuring no surprise charges upon delivery [1] - The service is available in 43 countries and delivers to over 200 destinations globally, aiding businesses in expanding internationally [1] Customer Experience - The service enhances customer experience by eliminating uncertainty regarding additional costs upon delivery, which can deter international shoppers, thus increasing customer satisfaction and encouraging repeat purchases [2] - It utilizes artificial intelligence to assess shopping carts and calculate correct duties and taxes, ensuring accuracy in cross-border transactions [2] Broader Tools for E-commerce - UPS Global Checkout is part of a broader set of tools aimed at streamlining international e-commerce, including UPS Export Assure for AI-powered export documentation and UPS Paperless Invoice to eliminate paper forms [3] - These services simplify cross-border trade and help businesses manage international shipping while ensuring compliance with global tariffs and regulations [3] Industry Initiatives - Other transportation companies like FedEx and GXO Logistics have also introduced customer-friendly initiatives, such as FedEx's collaborative shipping tool to enhance the import process and improve logistics efficiency [4] - GXO Logistics has deployed an AI-powered robot for warehouse automation, enhancing inventory control, efficiency, and safety [5]