FedEx Corporation launched Global Trade Navigator, a suite of digital shipping tools that brings together trade-planning, shipment preparation, cost transparency, API integration and customs-management capabilities. The new FedEx Trade Planner gives small and medium-sized businesses free access to Harmonized System codes, estimated duties, taxes and fees, and document recommendations before a shipment is created, while enhanced FedEx Ship Manager capabilities let customers review product classifications, customs values and country-of-manufacture information to improve shipment-data accuracy. A Duty and Tax app on Shopify allows merchants to show guaranteed duties and taxes at checkout, and Global Trade APIs let businesses integrate trade intelligence into existing workflows, with enhancements to FedEx Import Tool and Reporting simplifying customs clearance, payments and international trade reporting. FedEx shares have gained 35.2% over the past year, compared with 25.1% growth for the Transportation - Air Freight and Cargo industry, and the stock currently carries a Zacks Rank #3 (Hold).
FedEx CorporationFedEx launched Global Trade Navigator, a new digital shipping and customs-management suite for customers
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Shopify IncFedEx's new Duty and Tax app on Shopify lets merchants show guaranteed duties and taxes at checkout
