Customs Brokerage Services Throughout the United States:
A Customs import bond represents a financial guarantee established among the Insurance/Surety company responsible for issuing the Customs bond, the Importer of Record, and the Customs & Border Protection (CBP). The predominant category of Customs bonds filed is Activity Code 1, known as Import Bonds. Importers in the United States are mandated by U.S. Customs to submit an Import Bond, irrespective of whether the imported goods are duty-free or not. This Import Bond serves as an assurance to U.S. Customs that they will receive payment for import duties, taxes, fines, or penalties, either directly from the importer or, if necessary, from the insurance/surety company that issued the Customs bond.
Cargo Insurance safeguards your shipment against various risks that arise as it traverses different carriers, handlers, and terminals. This insurance provides financial protection against losses resulting from damaged or lost cargo. In the event of a covered occurrence affecting your freight, it compensates you for the insured amount. Typical covered events encompass natural disasters, vehicle accidents, cargo abandonment, customs refusal, acts of war, and incidents of piracy.
Items valued at less than $800.00 per Bill of Lading (BOL).
Commodities requiring inspection as a prerequisite for release, regardless of their assessed value.
Merchandise subject to Anti-Dumping Duty (ADD) and/or Countervailing Duty (CVD).
Products falling under the jurisdiction of the following Participating Government Agencies (PGAs):
1. Food and Drug Administration (FDA)
2. Food Safety Inspection Service (FSIS)
3. National Highway Transport and Safety Administration (NHTSA)
4. Consumer Product Safety Commission (CPSC)
5. U.S. Department of Agriculture (USDA)