
SEKO Logistics with CustomsCity Launches DutyPay, Next-Generation Customs Compliance and Clearance Platform
Built for today's ecommerce environment, DutyPay combines SEKO's fast-moving parcel operations with CustomsCity's automated duty and tax calculation tools to simplify the complexities of cross-border shipping. The platform allows visibility and control before goods even leave the warehouse, using real-time HTS classification, duty and tax estimates, simplified payments and automated clearance to ensure accuracy and compliance. Flexible by design, DutyPay can be integrated at checkout or used alongside SEKO's full-service logistics, giving brands the confidence to scale globally without compromising delivery speed or operational control.
"SEKO is proud to be at the forefront of innovative ecommerce logistics,' said Jamie Andrade, SVP of Product Management. 'With CustomsCity, we've created a unique offering designed to help our clients adapt quickly to industry landscapes while maintaining consistency.'
DutyPay transforms the ecommerce customs classification and clearance process. As a seamless, tech-driven experience designed to keep goods moving, the platform features:
Real-time landed cost calculator at checkout, enabling customers to see duties and taxes before purchase
Automated customs classification and documentation, powered by CustomsCity's eManifest and Automated Commercial Environment (ACE)-compliant platform
Support for both Type 1 and Type 11 entries, providing flexible routing based on shipment size and risk
Predictive screening tools to flag undervalued or restricted items upstream
'This flexible, plug-and-play approach works for businesses of all shapes and sizes,' said James May, President at CustomsCity. 'Merchants can easily calculate duties before shipping, pick the smartest fulfillment route and stay customs-compliant – without skipping a beat on the customer experience.'
SEKO and CustomsCity are redefining ecommerce customs clearance with DutyPay. To learn more, or to get in touch with a representative, visit SEKO's website.
About SEKO Logistics
Built on nearly 50 years of logistics expertise, SEKO Logistics is the no-nonsense global end-to-end logistics partner – from shipper to consumer. SEKO delivers client-first service, expert reliability and tech-driven shipping solutions that turn supply chains into a competitive differentiator. With over 150 offices in more than 60 countries, SEKO helps you move at the speed of global commerce. Learn more at www.sekologistics.com.
About CustomsCity
Customs City was established out of a combined experience of more than 25 years of helping companies comply with Customs Compliance and EDI messaging. We believe that by adopting modern technologies and combining with the knowledge of Customs & Trade we can deliver the optimal solutions for our customers. Learn more at https://customscity.com/
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Forbes
4 days ago
- Forbes
Degrees Of Opportunity: Rethinking Value In Higher Ed
Colleges and universities are doing a better job lately explaining the value of their degrees, and increasingly they're getting important help in making that case. The challenge has been that while on average, a bachelor's degree is worth more than $1.2 million in lifetime earnings, the value for any individual graduate depends on multiple factors, including majors, where a person lives, and the cost of those degrees. How can students and families find the best deals in higher education? College rankings of every type have been around for years, and for our money the best include those from Washington Monthly, created two decades ago. The Monthly avoids focusing just on elite schools, but instead prioritizes graduation rates, earnings after graduation compared with the price of degrees, and social mobility. And in a nod to today's chief concerns for families, the magazine includes a "Best Bang for the Buck" category. Opportunity By Design And as the value question becomes more urgent, we're interested in a new take—the idea of "Opportunity Colleges" as recently identified by the American Council on Education (ACE) and the Carnegie Foundation for the Advancement of Teaching. Opportunity Colleges were identified as part of a substantial update to the Carnegie Classification system begun in 1973, focusing on whether schools are creating opportunities for students and helping them earn competitive wages. According to ACE and Carnegie, the 479 Opportunity Colleges:'Better Together' at Ball State One example is Ball State University in Muncie, Indiana, known for its Late Night alumnus David Letterman, but also for highly regarded programs in teaching, architecture, and journalism. It is the only public university in Indiana to receive the classification. When he arrived in 2017, Ball State President Geoffrey Mearns brought a 'better together' mantra to campus and began working with local stakeholders, making connections and forging partnerships. 'What's insightful from the Carnegie report and methodology is they're analyzing salary and post-graduate earnings by discipline,' Mearns said in a recent conversation with Lumina Foundation. 'It gives context to why a Ball State graduate's median salary is X and a Purdue graduate's median salary is Y. It's because we're graduating teachers and journalists, and Purdue is graduating engineers.' Career Connections at CMU Another of the schools is Central Michigan University, 60 miles north of the state capital at Lansing. It offers one of Michigan's lowest tuition rates, and nine out of 10 graduates are either employed, pursuing further education, or engaged in volunteer service within six months of graduating. The Opportunity College designation is a nod to its partnerships that over time have nurtured career readiness. 'Workforce is in our DNA,' says CMU President Neil MacKinnon. 'It's always been our mission to produce workforce our region needs.' The Michigan-based W.E. Upjohn Institute for Employment Research found that 67 percent of CMU graduates remain in the state after completing their degree, compared with about 40 percent from the University of Michigan at Ann Arbor. Just over 89 percent of students at CMU are Michigan residents. Hometown Value That idea of retaining talent after graduation is a theme for Opportunity Colleges. At Ball State, Indiana residents account for 85 percent of the student body, and 'student ambassadors' work to encourage students to work in the state after they graduate. The County Ambassador Program allows each of Indiana's 92 counties to designate a student to represent the area and promote its quality of life and job opportunities to others. Ball State is also innovating how to prepare students across Indiana for active citizenship after graduation. For example, through Third Way Civics: Indiana Advances, Ball State will engage with at least a dozen colleges across Indiana in implementing a flexible curriculum that combines historical inquiry, peer discussion, and interdisciplinary learning to promote civic understanding and engagement. Faculty members from any discipline can use Third Way Civics to help foster student learning in a new way—one that relies on students forming their own points of view and considering those of others, not just listening to lectures. These skills will be invaluable once students graduate and build their lives in communities across Indiana. In short, the Opportunity College model reframes what success in higher education should look like: access, affordability, mobility, and meaningful community connection. As more families seek degrees that open real doors without closing others through debt, schools like Ball State and CMU are charting a path forward—showing that the best return on investment isn't always measured in rankings, but in lives transformed.


Forbes
08-08-2025
- Forbes
Massive Piracy Site To Shut Down
The Alliance for Creativity and Entertainment (ACE) has had another win in its fight against digital piracy, succeeding in getting Rare Breed IPTV shut down. The North Carolina-based was one of the world's largest digital piracy operations, and has been operating for years. It offered more than 28,000 live television channels from around the world, along with more than 100,000 movies and series in formats including 4K and HD, all without the consent of the copyright holders. Its packages started from $15.99 per month. With support from its member studios, ACE identified the people behind Rare Breed. And while the service's website is still active, it has now agreed to cease its infringing activities, pay financial compensation and fully cooperate with ACE from now on. "This enforcement action sends a strong message to piracy operators worldwide,' said Larissa Knapp, executive vice president and chief content protection officer of the Motion Picture Association. 'Operating an illegal streaming service comes with serious consequences—including lawsuits, substantial financial penalties, and permanent shutdown.' Set up in 2017, ACE is a coalition of more than 50 media and entertainment companies around the world, including sports channels and associations, with Amazon, Apple TV+, Netflix, Paramount Global, Sony Pictures, Universal Studios, The Walt Disney Studios and Warner Bros Discovery as its current governing board members. Dedicated to protecting the legal creative market, it aims to reduce digital piracy through criminal referrals, civil litigation, and cease-and-desist operations. Over the last few years,ACE has successfully taken down a number of piracy platforms including streaming providers Openload, and Streamango, pirate IPTV service Beast IPTV, the streaming site, and what was the world's largest anime piracy site, It was also involved in the takedown of online subscription-based service Jetflicks, which allowed users to stream and at times download copyrighted television programs without the permission. At one point, Jetflicks claimed to have 183,285 different television episodes available - significantly more than Netflix, Hulu, Vudu, Amazon Prime, or any other licensed streaming service. Late last month, five Nevada men received a final judgment for their part in the operation, giving them prison terms of up to 84 months. 'This scheme generated millions of dollars in criminal profits, and hurt thousands of U.S. companies and individuals who owned the copyrights to these shows but never received a penny in compensation from Jetflicks," said acting assistant attorney general Matthew R. Galeotti of the Justice Department's Criminal Division.
Yahoo
07-08-2025
- Yahoo
Sonos' Q3 Earnings Meet Estimates, Revenues Beat, Stock Up
Sonos, Inc. SONO reported third-quarter fiscal 2025 non-GAAP earnings per share (EPS) of 19 cents, meeting the Zacks Consensus Estimate. The company reported EPS of 23 cents in the prior-year quarter. On a GAAP basis, the company reported a loss of 3 cents against EPS of 3 cents in the year-ago quarter. Quarterly revenues declined 13.2% year over year to $344.8 million. However, the figure came above the high end of the company's guidance of $310 million to $340 million, fueled by stronger-than-anticipated sales of portables and components. The Zacks Consensus Estimate for the top line was pegged at $324 million. Following the announcement, shares of the company have jumped around 6.2% in the pre-market trading session today. In the past year, shares have declined 6.2% against the Zacks Audio Video Production industry's growth of 43.8%. Image Source: Zacks Investment Research Sonos' Revenue Details Revenues from Sonos speakers were $253.7 million, down 15.8% year over year. Sonos' system products' revenues of $73.2 million fell 2.7% year over year. Revenues from Partner products and other totaled $17.9 million, down 14.1% year over year. Region-wise, revenues from the Americas of $229.7 million decreased 13.2% year over year. Europe, the Middle East and Africa generated revenues of $97.2 million, down 12.3% year over year. Revenues from the Asia Pacific decreased 17.4% to $17.9 million. Sonos' Margin Performance Non-GAAP gross profit was $154.1 million, down 20.3% on a year-over-year basis. Non-GAAP gross margin contracted 400 basis points to 44.7%. Adjusted operating expenses amounted to $131.1 million, down 15.4% year over year and approximately $9 million below the lower end of our guidance. On a normalized basis (mainly adjusting for variable compensation), non-GAAP operating expenses declined 23%, reflecting the full-quarter impact of the workforce reduction announced last quarter, along with continued benefits from various cost optimization initiatives implemented last summer. Sonos, Inc. Price, Consensus and EPS Surprise Sonos, Inc. price-consensus-eps-surprise-chart | Sonos, Inc. Quote Research and development (R&D) expenses declined 17%, reflecting cost optimization measures implemented in the previous quarter. General and administrative (G&A) expenses were down 16%, primarily due to reductions in headcount and other cost-saving initiatives introduced last year. Sales and marketing expenses decreased 13%, largely due to elevated marketing spend in the prior year related to the launch of Ace. Non-GAAP Adjusted EBITDA totaled $35.6 million, at the upper end of the company's guidance of $12 million to $37 million, driven by higher revenue and reduced operating expenses. Cash Flow & Liquidity In the fiscal third quarter, Sonos had $37.4 million of cash from operations. Free cash flow was $32.7 million, down from $40.3 million reported in the same period last year. As of June 28, cash and cash equivalents were $201.3 million compared with $173.2 million as of March 29, 2025. SONO has no debt. In the third quarter, the company temporarily paused its share repurchase activities. However, returning capital to shareholders continues to be a fundamental aspect of its capital allocation strategy. Sonos has $150 million remaining under its current share repurchase authorization. Sonos' Fiscal Q4 Guidance The outlook is based on current demand trends and assumes no major shifts in consumer spending despite the uncertain global trade environment. Management expects fourth-quarter revenues to range between $260 million and $290 million, implying a year-over-year increase of 2% to 14%. For the fourth quarter, the company projects GAAP gross margin to be between 42% and 44%, and non-GAAP gross margin between 43.7% and 45.5%. GAAP operating expenses are projected in the band of $150 million to $155 million, a 10% to 13% decline from $172 million in the same period a year ago. Non-GAAP operating expenses are expected to be between $130 million and $135 million, down 6% to 9% from $143 million last year, and roughly flat on a sequential basis. Adjusted EBITDA is anticipated to range from a loss of $10 million to a gain of $14 million, suggesting a margin between -4% to 5%. This marks a notable improvement compared to a negative EBITDA $22.6 million in the fourth quarter of the prior year. Sonos' Zacks Rank Sonos currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Recent Performance of Other Companies Sony Group Corporation SONY reported first-quarter fiscal 2025 net income per share (on a GAAP basis) of ¥42.84, up from ¥34.37 in the year-ago quarter. Adjusted net income came in at ¥259 billion compared with ¥210.2 billion in the prior-year quarter. Quarterly total revenues grew 2% year over year to ¥2,621.6 billion, driven by higher revenues in the Game & Network Services (G&NS) and Imaging & Sensing Solutions (I&SS) segments, partially offset by a decline in the Entertainment, Technology & Services (ET&S) segment. Shares of SONY have gained 47.5% in the past year. Dolby Laboratories, Inc. DLB reported third-quarter fiscal 2025 non-GAAP EPS of 78 cents, surpassing the Zacks Consensus Estimate by 8.3%. It reported 71 cents in the prior-year quarter. Total revenues were $315.6 million, up from $288.8 million in the year-ago quarter and surpassing the Zacks Consensus Estimate by 3.9%. This uptick was driven by higher revenues in the Licensing segment and the Product and Services segment. In the past six months, shares have lost 14.4%. IMAX Corporation IMAX reported second-quarter 2025 adjusted earnings of 26 cents per share, which beat the Zacks Consensus Estimate by 36.84% and increased 44.4% year over year. Total revenues of $91.7 million beat the Zacks Consensus Estimate by 0.62% and increased 3.1% year over year. In the past, shares of IMAX have gained 21.2% Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dolby Laboratories (DLB) : Free Stock Analysis Report Sonos, Inc. (SONO) : Free Stock Analysis Report IMAX Corporation (IMAX) : Free Stock Analysis Report Sony Corporation (SONY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio