Zepol releases trade compliance product
Minneapolis-based trade intelligence company Zepol Corp. on Wednesday released a new trade compliance product.
ComplianceMonitor aims to allow users to track essential U.S. import trade compliance information to save time and money and lower penalty risk. ComplianceMonitor tracks six U.S. government compliance sources:
' U.S. Census Bureau import trade statistics.
' U.S. Customs and Border Protection rulings.
' Antidumping (ADD) and countervailing duty (CVD) investigations.
' ADD and CVD cases from the International Trade Administration (ITA).
' Tariff rate quota statuses from CBP.
' Harmonized Tariff Schedule and tariff data from the ITA.
'The Zepol team has worked vigorously for over 12 months developing and implementing this product, ensuring it will be an essential tool for trade professionals,' said Paul Rasmussen, chief executive officer and president of Zepol. 'With the upcoming 2012 changes in HS codes and the increasing penalties facing companies, Zepol believes this tool will be highly utilized.'
The product release is significant in that it signals a transition for Zepol from information provider to global trade management vendor.