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Major carriers offer an oft unknown money-back guarantee for on-time deliveries and provide a full refund for late shipments. While eligible refunds can amount to significant sums, it is a time-consuming process to monitor each package. Entrepreneur Magazine speaks to 71lbs Founder & CEO, Jose Li, on issues to consider in evaluating third-party recovery firms.
Read the full article from Entrepreneur
Major carriers offer a, oft unknown, money-back guarantee for on-time deliveries and provide a full refund for late shipments. While eligible refunds can amount to significant sums, it is a time-consuming process to monitor each package and submit refund claims within the stated time window. Entrepreneur Magazine speaks to 71lbs Founder & CEO, Jose Li, on issues to consider in evaluating third-party recovery firms to assist companies in receiving their eligible refunds.
Read the full article from Entrepreneur.
South Florida Business Journal reporter Paul Brinkmann talks with Davie-based 71lbs CEO, Jose Li, on the company’s focus and progress to date. 71lbs helps small and midsize businesses collect late shipments refunds by automating the tracking and filing processes. With an estimated $2B in refunds left on the table, 71lbs aims to help businesses easily and automatically collect the refunds their owned. “We’re very busy; it’s good. We are 30 percent higher in business volume than last month,” Li said. “If your driver is one minute late with a package, you can get refund. The catch is, you have to file a claim correctly and quickly.”
Read the full article from the South Florida Business Journal.
Jose Li, CEO and Founder of 71lbs, appears on Bloomberg Television’s “Bloomberg Surveillance” to discuss how the company helps SMB customers collect refunds on shipping guarantees. With over $2B in unclaimed refunds each year, 71lbs is enables customers to automatically track and file refund claims.