Vastera Inc., the software and cross-border trade management services specialist, said that it has won a contract with Kanematsu Corp., one of Japan's biggest trading companies.
Tokyo-based Kanematsu will use Vastera's TradeSphere Exporter software for its shipments from Japan. Vastera said the TradeSphere software will facilitate processing more than 7,000 transactions a year for Kanematsu. It will generate the required international shipping documents, determine if export licenses are required for shipments, and perform other Japanese-specific trade compliance checks for Kanematsu exports from Japan.
Kanematsu specializes in information technology, chemical, energy, food and industrial plant equipment. It had sales of $6.8 billion in 2002, according to Hoover's Inc.