Patent ID: 7725406

Claim:
A system for rating a shipment comprising: a database for storing shipment data comprising a description of one good in the shipment, a shipper of the good, and an importer of the good, the database storing a plurality of rating profiles, each rating profile comprising a description of an item, a shipper of the item, an importer of the item, and a tariff code associated with the item; and a processor configured to: access the database; compare the description of the good with the description of the item for each of the plurality of rating profiles; select a first rating profile from the plurality of rating profiles based at least in part on a comparison between the description of the good with the description of the item from the first rating profile; determine a confidence level associated with the first rating profile based at least in part on a comparison between: (1) the description of the good and the description of the item from the first rating profile, (2) the shipper of the good and the shipper of the item from the first rating profile, and (3) the importer of the good and the importer of the item from the first rating profile, wherein the confidence level is based at least in part on a number of matches between: (1) the description of the good and the description of the item, (2) the shipper of the good and the shipper of the item, and (3) the importer of the good and the importer of the item and what was matched between: (1) the description of the good and the description of the item, (2) the shipper of the good and the shipper of the item, and (3) the importer of the good and the importer of the item; in response to the confidence level exceeding a predetermined threshold value, calculate a tariff amount associated with the good based in part on the tariff code associated with the item; and update the shipment data in the database to include the tariff amount.