VASTERA RELEASES ADDITIONS TO SOFTWARE PACKAGE
Vastera has released additions to its U.S./EU global trade compliance software, Trade Sphere. The additions include customs warehousing and duty management capabilities.
The customs warehousing capability allows companies to delay import duty and tax payments until products are sold. If they are not sold, they can be exported without paying duties or taxes. Duty management allows companies to identify preferential trade programs.
Vastera is a global trade management software provider, based in Dulles, Va.