Caspian helps companies identify and recover duty expenses with automated duty drawback.
Justin Sherlock cut his teeth at Flexport, rising to become the Senior Director and Head of Flexport Capital.
While at Flexport, he saw that even the most savvy and tech-enabled logistics providers were failing to consistently help shippers claim duty drawbacks. He left Flexport and started Caspian to address this need.
In 2024, Caspian received their organizational customs license, which is a significant milestone for the company and makes it one of very few startups with this qualification.
Automating the process of reclaiming duties paid on imported goods that are subsequently exported, up to 99% of the original duty amount.
Providing customers with visibility into their duty spending, average tariff rates, and export/import flows.
Though not fully launched yet, they plan to expand into other customs trade advisory products like NAFTA, tariff engineering, tariff shifts, and foreign trade zones.
Profile last edited by StartOps on May 12, 2025.