Articles by Day: November 30, 2020
Recently, officials announced that U.S. land borders with Mexico and Canada will remain closed for non-essential travel through at least the last week of December amid COVID-19 surges in all three countries. Although the borders have been closed since March, trucks will continue to be allowed to freely crossing borders as essential goods movement is exempt from these restrictions, and Freight Waves reports these haven’t directly impacted cross-border freight volumes, which have recovered since the pandemic-related lows. Still, at a time when customs and border agents are being extra cautious, businesses that depend on transportation of goods across international borders benefit markedly from working with a customs bonded carrier and warehouse provider.
In-bond loads or “bonded shipments” are those that are transported through or stored in the U.S., but aren’t intended to be commercialized here. For that reason, they don’t need to clear customs at the border or pay duties, taxes or customs costs they normally would during the import process. However, you need a bonded carrier to help you move these goods. If they need to be stored en route, you must also work with a customs bonded warehouse.
An example of a bonded shipment would be an LTL shipment that leaves Canada and is transported by land to be received in Mexico – or visa versa. Customs bonded transportation and warehousing services are specially licensed to receive, hold, repackage and transport these goods.