Transportation that is licensed to move freight through/across U.S. points of entry (FTZ warehouses, ports, border crossings) without having to pay duties, taxes and/or fees on those goods during that specific portion of their transportation. This allows the product to make it to its final location more quickly and efficiently.
Advantages of Bonded Carrier:
- You can defer or avoid duty and tax payments.
- Storage can be long term.
- The quality of your product can be preserved.
- Bonded warehouses can keep your products safe and secure.