Data solutions provider Hurricane Commerce will provide its integrated data enhancement solution, Zephyr, to Yanwen Express, a logistics provider in China, to improve the accuracy of the company’s shipment data.
Zephyr is Hurricane’s AI-driven, real-time data enhancement solution with the ability to process over 700 million requests per day with an average response time of 100 milliseconds. The solution will ensure the completion and accuracy of Yanwen’s products description data, HS6 codes and import and export codes.
Hurricane Commerce will enable Yanwen to meet the requirements of a wave of new regulations affecting cross-border e-commerce. In July, the EU abolished the exemption from VAT on low-value goods and introduced the Import One-Stop Shop (IOSS), which has a mandatory requirement for complete and valid data. Chinese merchants and their logistics partners are also having to meet a higher quality threshold for data provision on shipments into the United States as a result of the enforcement of the US STOP Act.
Martyn Noble, CEO of Hurricane Commerce, said, “We are delighted to have been chosen by Yanwen Express to provide them with our Zephyr data enhancement service. Yanwen is one of the best-known and fastest-growing 3PLs in China, which recognizes the importance of having data competency to support the requirements of existing and future customers. The regulatory landscape governing cross-border e-commerce has changed dramatically in 2021 and, as a consequence, customs authorities are now stopping and holding thousands of shipments around the world.”
