KlearNow expands into Spain to speed up customs clearance

PRESS RELEASE

Santa Clara, California. – (October 18, 2022) – KlearNow, a pioneer in smart logistics as a service (LaaS), is expanding into Spain to help improve customs clearance processes in the country’s 15 major ports.

Spain plays a vital role in managing the Mediterranean Sea trade that keeps Europe, Africa and the Middle East connected. The country has three of the five busiest Mediterranean container ports, including Port of Barcelona, ​​Port of Algeciras and Port of Valencia. Together, more than 13.8 million TEUs passed through these ports in 2021.

“Supply chains in Spain and around the world have historically been complex, using labor-intensive, error-prone and time-consuming paper-based systems,” said Sam Tyagi, CEO and Founder of KlearNow. “KlearNow’s innovative technology platform can address these industry weaknesses that have become more exposed as demand increases and disruptions become more frequent.”

How Klearnow works

KlearNow’s AI-powered platform digitizes and automates import processes. It dynamically connects importers, customs brokers, freight forwarders and carriers to shipments to provide near real-time tracking of containers from origin to destination, extending shipment visibility and data connectivity. Knowing the location and status of a shipment is only two-thirds of the equation. Importers and exporters must be able to determine the specific cause of delays and the actions needed to remedy the situation. KlearNow provides this critical data.

KlearNow also provides digital document management, allowing customers to capture, view and access all supply chain documents and communications in one place for at least five years. For businesses, this increases efficiency, supports customs compliance and auditing, and eliminates physical document storage.

With end-to-end visibility technology, KlearNow can help Spanish importers and exporters manage risk and quickly resolve customs issues that are delaying their shipments.

“With our arrival in the Spanish market, KlearNow can provide new or additional options for importers, exporters and freight forwarders to improve the customs clearance process,” said Michelle Riber, senior director of international expansion for KlearNow, based in Madrid. “We simplify, automate and protect supply chain processes to save time, money and labor.”

In June 2022, KlearNow announced a strategic partnership with project44, a global leader in supply chain visibility for shippers and logistics service providers. The partnership extends real-time, end-to-end visibility of shipments and enables better tracking of goods throughout their journey. This information helps customers deal with business disruptions before they cause delays while avoiding additional costs.

With its deep and fast scanning approach, KlearNow has quickly become the fastest way for businesses to clear customs, track shipments, and access critical data in real time. As a result, the company has grown exponentially in the UK and US, increasing its customer base and monthly revenue rate by more than 50x since its $16m Series A funding in January 2020.