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31
Dec
2021

How Do the Holidays Affect Bonded Warehouse Services?

by Michael Kotendzhi | Warehousing
How Do the Holidays Affect Bonded Warehouse Services

In order to answer the question in the title of today’s blog article, let’s first review what a bonded warehouse is. A bonded warehouse is a storage facility typically offered by a third-party for the purposes of shipping products that are being imported or exported.

The “bonding” plays a role in the duty owed on products moving into or out of a country. Products are stored until the paperwork is done for import or export and the applicable taxes are paid. Sometimes the warehouse may also offer packaging or repackaging and branding services.

During the holidays, shipping and logistics becomes more complex because of the delays associated with larger shipping volumes for seasonal sales, bad weather complications, and delays associated with COVID-related problems and staffing shortages.

In the case of a bonded warehouse, the warehouse may be stocked to the rafters with products moving in and out on a daily basis. Shipping and logistics companies will be under considerable pressure to stay on top of the quickly changing inventory and get the products moving as efficiently as possible for everyone.

If you have questions about bonded warehousing and are wondering whether or not you need it in British Columbia, talk to 18 Wheels Logistics at (604) 439-8938 in Vancouver, and we can go over with you all of your options. Every company’s shipping and logistics needs are different and third-party logistics (3PL) businesses tailor a shipping program to the specific needs of each client no matter what the season or the weather is.

For over 30 years, 18 Wheels Logistics has strived to be the most customer-centric trucking, warehousing, and logistics company around. Based in Burnaby, British Columbia, Canada, 18 Wheels relies on experience and integrity to make customers happy and remain on the cutting edge of shipping and logistics management.

If you have any questions about this article or you would like to talk to us about your shipping needs, please call us at (604) 439-8938.


Michael Kotendzhi is President of Operations & Transportation and a partner at 18 Wheels.

Mr Kotendzhi oversees North American operations. Michael has over 15 years of experience. As well as a background in logistics from XPO Logistics, North America's largest contract warehousing provider.  Michael Kotendzhi has a degree in Logistics. 

Michael's experience includes supply chain management, reverse logistics, & domestic transportation.