Estonian tech company Feeport has launched its software platform x7trade in the Dutch market. Through the platform, imported bulk low-value B2C goods’ declarations can be automatically logged to EU Member States’ Customs IT systems. Feeport is eyeing further integrations with more states within the EU.
As of July 2021, the new EU VAT rules came into force. Now, all ecommerce parcels imported to the EU need to be customs cleared. Feeport recognizes that quick processing is crucial, otherwise notorious congestion at logistics hubs will continue to grow.
Declarations logged automatically
The Tallinn-based logistics tech company has developed a SaaS-based platform called x7trade, and has already tested the integration of its platform with the Dutch customs declaration system for the import of ecommerce goods (DECO). The company claims that this integration can speed up the processing of parcels at logistics hubs exponentially.
‘Goods need to be delivered without delay.’
“Amsterdam is one of the key logistics hubs in Europe and it is important that arrived goods are delivered to the end consumers across Europe without delay. Our platform enables companies to declare thousands of low-value ecommerce goods in a matter of minutes with no or little human intervention. This can be a game changer for small and big logistics companies operating at such logistics hubs like Schiphol Airport where time and planning is of crucial importance”, says Haiti Arendi, co-founder of Feeport.
The platform now launches in the Netherlands and it is meant for the Dutch logistics sector (customs brokers, last mile providers, postal service companies, etc.). Haiti Arendi: “being a neutral technology service provider, we are not competing with the supply chain stakeholders, instead we empower them with our technology.” Users of the platform can manage the customs clearance process in the web interface, or use an API to submit declarations in their own enterprise software.
In Estonia, the platform is already signed with UPS. For its customers in Estonia and Finland, the company is now processing thousands of declarations daily. In the future, it wants to integrate with more EU Member States’ import customs systems. With the current expansion to the Netherlands, the company expects to be processing hundreds of thousands of parcels in 2022 on a daily basis.