Logistics Plus Secures Customs Bonding for New Strongsville, OH Warehouse
Additional Customs bonding is expected soon at many of its other warehouses across the U.S.
ERIE, PA (January 30, 2024) – Logistics Plus, Inc. (LP), a leading worldwide provider of transportation, logistics, and supply chain solutions, has secured Customs bonding from the U.S. Customs & Border Protection (CBP) at its new warehouse located south of Cleveland, OH. The 165 thousand square foot warehouse located in Strongsville, OH, was officially opened late last year. Additional Customs bonds are in progress for Logistics Plus warehouses in Phoenix, AZ, Chicago, IL, Memphis, TN, and Dallas, TX.
Customs bonded warehouses are a type of warehouse where goods can be stored and processed before paying taxes. The primary users of bonded warehouses are importers and exporters who need to store goods temporarily before shipping them to their final destination.
Benefits of using a Customs bonded warehouse include:
Avoiding expensive terminal fees associated with withhold release orders (WRO) holds for shipments reviewed for the Uyghur Forced Labor Prevention Act (UFLPA).
Allows importers to delay paying duties on their imported goods.
If the goods are destroyed under CBP supervision, no duty is payable.
Goods stored in a bonded warehouse are exempt from customs inspections, saving the importer time and money.
Offers increased security for goods because Customs officials monitor them.
Under CBP supervision, goods can be manipulated by cleaning, sorting, repacking, or otherwise changing their condition by processes that do not amount to manufacturing.
Goods may be exported without the payment of duty, or they may be withdrawn for consumption upon payment of duty at the rate applicable to the goods in their manipulated condition at the time of withdrawal.
Goods may remain in the bonded warehouse for up to five years from the date of importation, allowing the importer additional time to handle the paperwork and legal formalities.
“Many bonded warehouses across the U.S. are private, meaning they are dedicated to only one importer,” said Gretchen Blough, Customs Brokerage Manager for Logistics Plus. “This means that bonded warehouse space is very scarce and at a premium when it can be found. We decided to create our own bonded warehouse space with our existing public warehouses so our customers have better options than what is currently available in the warehousing market.”
About Logistics Plus, Inc.
Logistics Plus, Inc. (LP) is a 21st-century logistics company and a leading worldwide provider of transportation, warehousing, fulfillment, global logistics, business intelligence, technology, and supply chain solutions. LP works in the background to help businesses manage their supply chains in an ever-changing world. Founded in 1996, today LP has annual global sales of over $500M with more than 1,000 employees located in 50+ countries worldwide. LP is recognized as one of the fastest-growing privately-owned logistics companies, a top 3PL provider, a top 100 logistics company, a top freight brokerage and warehousing provider, and a great place to work. With a Passion For Excellence™, its employees put the PLUS in LOGISTICS by doing the big things properly, plus the countless little things that together ensure complete customer satisfaction and success.
Thank you to everyone who attended the 2024 Logistics Plus Holiday Party in Erie, PA, on January 19th! The annual Holiday Party is just a small way to show appreciation to our many dedicated employees, supportive partners, and excellent customers! To both our repeat and first-time attendees, we sincerely hope you enjoyed your evening with us. We wish you nothing but the best in 2024!
A Flickr slideshow of all the photographs taken at this year’s event is included below. We’d also like to give a special thanks to the following people who played a big part in making this year’s event a success:
U.S.-based companies are increasingly reshoring to Mexico for various reasons, including logistics and supply chain advantages. These reasons point towards a shift in priorities for many businesses. Here are some of the key factors driving this trend:
Reduced Costs and Times:
Proximity: Mexico’s geographical closeness to the U.S. significantly slashes shipping costs compared to distant nations like China. This can be a game-changer, with transportation, warehousing, and inventory management savings.
Faster Delivery: Shorter distances translate to quicker transit times. This allows companies to meet customer demands faster, improve flexibility, and potentially reduce reliance on safety stock.
USMCA benefits: The United States-Mexico-Canada Agreement (USMCA) provides preferential trade terms for companies operating within the North American region, reducing the time spent on customs procedures.
Increased Supply Chain Resilience:
Reduced Disruption Risk: Shorter supply chains are less vulnerable to external disruptions like pandemics, trade wars, or political instability. This translates to smoother operations and improved risk management.
Greater Visibility and Control: With production closer to home, companies have improved visibility over their supply chain. This helps in quicker problem identification and faster response to unexpected issues.
Improved Inventory Management: Shorter lead times allow for leaner inventory management, reducing storage costs and minimizing the risk of obsolescence.
Enhanced Operational Efficiency:
Collaboration and Communication: Proximity fosters closer collaboration between manufacturers and vendors in the U.S. and Mexico. This facilitates better communication, quicker problem-solving, and stronger supplier relationships.
Quality Control: Having production closer allows for more frequent and direct quality control checks, potentially leading to higher product quality and customer satisfaction.
Flexibility and Responsiveness: Shorter lead times enable companies to react faster to changing market demands and adapt their production plans more quickly.
Look no further if you are seeking a logistics provider that understands U.S. and Mexico cross-border shipping. Logistics Plus has offices and warehouses across North America, including multiple locations and warehouses in Mexico and dozens more in the U.S., that can assist with virtually any supply chain challenge.
The Logistics Plus (LP) Poland team continues to support and manage projects across Poland and nearby countries. Here are the most recent projects handled by LP Poland in December 2023 and January 2024.
1) Lysine Monohydrochloride
The Logistics Plus Poland team completed the inspection and delivery of four containers worth of lysine monohydrochloride (cat and dog food) from Poland to Lviv, Ukraine.
2) 3-D Crane
The Logistics Plus Poland team transported several elements of a 3-D crane from the Czech Republic to Norway. The main boom weighed 2100 kgs, and the king upper post weighed 2200 kgs. The Poland team also transported the cursor wheel frame to make up the all-electric 32-meter ECMC gangway. In total, the transportation dimensions were 38.5 x 3.5 x 4.7 meters, and the total weight was 80 tons.
3) Electric Vehicles
The Logistics Plus Poland team managed the reloading and delivery of a container of electric vehicles from Poland to Ukraine.
4) Gearbox & Oil System
In partnership with Logistics Plus Turkey, the Poland team organized the port handling and lashing operation of a gearbox with an oil system.
5) Steel Reels
The Logistics Plus Poland team transported 14 steel reels to the Baltic Hub and the BLG Container Terminal in Bremerhaven.
Photos from these projects can be seen below. To learn more about Logistics Plus Poland, please visit pl.logisticsplus.com.
Additionally, WiseTech Global visited a number of Logistics Plus facilities to shoot a complementary video. Thank you to Emile Zafirov, Molly Callan, Lane Lynn, and Tom Kelly for contributing to the final production.
ERIE, PA (January 30, 2024) – Logistics Plus, Inc. (LP), a leading worldwide provider of transportation, logistics, and supply chain solutions, has secured Customs bonding from the U.S. Customs & Border Protection (CBP) at its new warehouse located south of Cleveland, OH. The 165 thousand square foot warehouse located in Strongsville, OH, was officially opened late last year. Additional Customs bonds are in progress for Logistics Plus warehouses in Phoenix, AZ, Chicago, IL, Memphis, TN, and Dallas, TX.
“Many bonded warehouses across the U.S. are private, meaning they are dedicated to only one importer,” said Gretchen Blough, Customs Brokerage Manager for Logistics Plus. “This means that bonded warehouse space is very scarce and at a premium when it can be found. We decided to create our own bonded warehouse space with our existing public warehouses so our customers have better options than what is currently available in the warehousing market.”
U.S.-based companies are increasingly reshoring to Mexico for various reasons, including logistics and supply chain advantages. These reasons point towards a shift in priorities for many businesses. Here are some of the key factors driving this trend:
