As people spend more time at home, food distributors are finding themselves racing to meet the growing demand for cold storage. Before 2020 consumer food spending evenly balanced between foodservice and grocery, now, an overwhelming shift to grocery and direct-to-consumer services is driving a growing boom for refrigerated warehousing and [...]
As reported earlier this month, U.S. West Coast terminals in Los Angeles and Long Beach are experiencing heavy volumes and severe congestion that is expected to last through the upcoming Lunar (Chinese) New Year. 5 TOP CAUSES OF U.S. WEST COAST CONGESTION 1. EQUIPMENT & CHASSIS For West Coast supply [...]
The in-bond process allows imported merchandise to be entered at one U.S. port of entry without appraisement or payment of duties and transported by a bonded carrier to another U.S. port of entry, or other authorized destination, provided all statutory and regulatory conditions are met. DATES: This rule is effective [...]
It’s no secret that companies like Amazon and Wayfair have revolutionized the consumer landscape for every industry. From retail to furniture, business has had to drastically adjust their value proposition to include final mile. After all, who doesn’t love getting the latest technologies or fashion trends delivered right to their [...]
What is a bonded warehouse? U.S. Customs and Border Protection (CBP) defines bonded warehouses as secured areas in which imported dutiable merchandise may be stored, manipulated, or undergo manufacturing operations without payment of duty for up to 5 years from the date of importation (19 U.S. Code § 1555). [...]
