Customs Bonded Warehouse Customs bonded warehouses are a type of storage facility in which imported goods may be stored for up to five years without paying customs duty. These warehouses are operated by private businesses, who must post a bond to the federal...
Basics of Importing
ISF Filling
Importer Security Filing (ISF) As an importer, it's important to be aware of the ISF Filing regulation. ISF or 10+2 was officially published as a regulation in 2008 and has been effective since 2009. According to the SAFE Act, importers were obliged to report and file...
Power Of Attorney
Power of Attorney (POA) A Power of Attorney (POA) is a legal document that gives someone else the authority to act on your behalf. In the shipping industry, this means appointing a customs broker to clear your shipments through customs on your behalf. While you may be...
What is an Import License?
What is an Import License? When importing goods into the United States, businesses need to possess an import license. This license is necessary to ensure that the business is legitimate and that the goods being imported are legal. Importing goods into the United...