A forwarder who wants to defer duty on imported goods – because the buyer is not yet confirmed or market conditions are being monitored – places the consignment in an import bonded warehouse.
Source: https://www.cbp.gov/trade/basic-import-export/warehouses
Matching tools and partners
You might also be interested in these terms
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.