Customs Bonded Warehouse
Assisting our Government is a Central priority.
International shipping can be difficult. But you don’t have to go it alone – let Centerport Inc. handle the details while you focus on your customers.
When shipments of goods arrive at a United States port, they are subject to duties, federal excise tax, and quota charges for re-exports. These charges must be paid before the importer may take possession. When General Order (G.O.) goods are not claimed within 15 days of entry into the country, they are entrusted to an approved and bonded warehouse. There are more than 300 ports of entry controlled by the U. S. Customs Bureau. Of the thousands of public warehouse facilities in America, only a small percentage is approved to support this need.
Centerport Inc. is proud to serve our government as a United States Customs Bonded Warehouse. What does that accreditation mean? It means that Centerport Inc. has satisfied the rigorous requirements of Title 19, United States Code (U.S.C.), section 1555 for a secured area (public bonded warehouse), where goods are held for payment of duties and other charges owed. Those standards include insurance inspections to verify fire safety and security measures of the premises, background checks of all key employees, and many other factors.
We carefully ensure that the G.O. goods entrusted to us are not co-mingled with unbonded merchandise or domestic shipments. We maintain full accountability with strict inventory controls and record-keeping systems, verified through regular audits. In this role, Centerport Inc. assumes liability for safe and reasonable storage of the goods until they are claimed (which may be up to five years) at the importer’s expense.
What are the advantages of using a bonded warehouse? The importer of the goods may keep merchandise in storage, manipulate its form, and find markets to sell into prior to withdrawing the goods for import. This allows the importer to use capital for other reasons until the goods are ready or there is a buyer. In the event a buyer cannot be found or the goods cannot be made suitable for sale, the merchandise may be re-exported and it is not subject to import duties, excise tax, or quota charges.
Worldwide Logistics
As an established container freight station we simplify complex import/export, including the process and handling of the documentation. Cross-docking (transloading) also.
Centerport Inc. is a transportation company covering South Florida with terminals located in:
- West Palm Beach at Palm Beach International Airport near Port of West Palm
- Ft Lauderdale near FLL (Ft Lauderdale International Airport) and PEV (Port Everglades)
- Miami near MIA (Miami International Airport) and POM (Port of Miami).