The saying “When China sneezes, the world catches a cold” sums up the global economy’s dependence on China. Bearing in ...
← Logistics Dictionary
Bonded Terminal
What is a Bonded Terminal?
A bonded terminal is a warehouse or a storage area approved by the customs authority for a temporary storage of imported goods. The goods are kept in the terminal until the customs duty is paid or the goods are cleared by the authority.
You may also be interested in these articles
Keyboard by day – hockey stick by night
Olaf Schoningh works at DHL Freight and plays for the Dutch national ice hockey team. All winter sports fans are ...
Good Distribution Practice: How Does It Impact Pharmaceutical Logistics?
Good Distribution Practice (GDP) is a set of Europe-wide guidelines and standards for the distribution of pharmaceuticals. These guidelines ensure ...