The “Women@Freight” series showcases women from all areas of our company. In this edition: Renáta Zaja, BPO Manager from Hungary. ...
← Logistics Dictionary
Bonded Warehouse
What is a Bonded Warehouse?
A bonded warehouse is a secure area on the US soil, where dutiable goods can be stored, manipulated or undertake manufacturing operations without being subjected to duty. However, duty will be levied when the goods are moved from the warehouse for use or to be sold on the local market.
Typically, the bonded warehouse is under the supervision and control of the US customs authorities. For any goods to enter the warehouse, customs entry must be filed and they can be stored for a maximum of five years.
You may also be interested in these articles
The 4 Dimensions of Supply Chain Diversification
Complex global supply chains with a multitude of players on the one hand, and constant challenges to the agility and ...
Customer Satisfaction Survey 2024: Your Voice Counts!
We tackle the challenges of logistics together, which is why we want to tailor our services to your needs optimally ...