Customs bonded warehousing is a protected area where imported and exported goods are kept. The only difference between a custom bonded warehouse and non-bonded warehouses is the connection of the warehouse with Customs. In this article, we'll explain why you need customs bonded warehousing.
Logistics management is a huge business necessity in today’s business world. Logistics is essential for every type of business, no matter the size. It helps businesses to manage their shipping operations as well as the delivery of products. Most of the enviable companies across the globe have well-established structures to handle their logistics. Failure to control and manage the movement of goods along the supply chain is detrimental to the success of a business. In this article, we'll explain why logistics management is important.
The importation and exportation of goods is a lucrative business that comes with a number of challenges. Importers always have to grapple in choosing options that won’t jeopardize their businesses. They always look for alternatives that won’t require them to pay instant duty for storing goods. In this article, we'll analyze the differences between a foreign trade zone versus a customs bonded warehouse.
Though you may not be familiar with the term “drayage”, it plays a significant role in the movement of goods. While it does not command a lot of attention, this component of the global shipping chain proves vitally important. Without superbly coordinated drayage services, many people would wait much longer for the arrival of packages. In this article, we’ll explain why you need port drayage services for your business.
Topics: Port of Savannah
In today’s global economy, the world is connected more than ever before. Online marketplaces and eCommerce drive up sales for many businesses, causing them to expand quickly over a short period of time. If your business struggles with handling your growing shipping volume, a third-party logistics (3PL) partnership will help remove some of the load and improve your shipping process. Though the relationship between your company and your 3PL provider may take time to establish, optimizing a 3PL partnership will help your business accelerate its supply chain process and help you get the transportation your business needs. In this article, we’ll explain some of the necessary steps to get your 3PL partnership off the ground and running.
A freight broker is a company or individual that assists shippers by finding qualified carriers to ship their load. Freight brokers control a significant amount of carrier services. Freight brokerage will let you pay attention to other components of your business, which will provide you with a competitive edge to maximize production. In this article, we'll answer what is freight brokerage and help you understand why you need it for your business.
Reverse logistics is an industry term that refers to the flow of goods or materials from a delivery point back through the supply chain to its original location. Though this may seem like a simple process, this reverse flow can be extremely troublesome for a mismanaged supply chain. The typical purpose is to capture value (i.e refurbish damages, remanufacturing, redistribution) and proper disposal. In this article, we’ll explain what is reverse logistics and how it is implemented for eCommerce businesses.
A customs bonded warehouse, or bonded warehouse, is a secure storage facility that is free from import duties. When a business stores imported goods in a bonded warehouse, those items can be stored duty free for up to five years in the United States. The business and the owner of the warehouse consequently enter a contract of liability with the customs agency to either export the goods duty free or pay import taxes when the goods are withdrawn for domestic use. This contract, or obligation, of liability is called a customs bond. What is a customs bonded warehouse and why should my business use one?
Topics: Third Party Logistics (3PL)
Over the road (OTR) transport is a popular medium of transport used to ship goods or materials quickly and efficiently. As fast shipping has become expected by more consumers, OTR transport helps get these items to their proper location. Goods are packed safely in containers and shipped to various locations throughout a landlocked area. In this article, we’ll discuss the advantages of OTR transportation.
Topics: Single Source Logistics
The term drayage is used to describe an important logistics service. This process moves shipping goods from the port a short distance via ground transportation to a warehouse or housing location; however, port drayage is a little more complicated than that, so what is port drayage?
Topics: Third Party Logistics (3PL)