bonded warehouse

(redirected from bonded warehouses)
Also found in: Dictionary, Financial, Wikipedia.
Related to bonded warehouses: Bonded goods, Warehouse Entry, Bonded Storage

bonded warehouse

A warehouse where materials may be stored before their installation on a building project if they are not stored at the job site. The materials are “in bond, ” that is, under the legal control of the project’s owner.
References in periodicals archive ?
Bonded warehouses are either public (available for use by several parties) or private (available for use only by the owner).
a lot of companies around here, many of the high-tech ones, have expressed huge interest," says Omar Passos, deputy director of Columbia Armazens Gerais, a Brazilian logistics company operating several customs bonded warehouses, including one at the busy Viracopos cargo airport at Campinas, in Sao Paulo state.
The actual delivery of raw silk will be made at bonded warehouses in Yokohama, Kobe, Hong Kong, Shanghai and Pusan.
The new bonded warehouse is 30 minutes from Seaport, 10 minutes away from the airport, and 5 minutes from free trade zones.
The expanded role we will now play with this firm is testimony to the quality of service we have provided the company as one of its domestic receiving stations and United States Customs Bonded Warehouses," said Dobrinsky.
The scam centred on lorryloads of beer, wine and spirits bought from bonded warehouses apparently for delivery in Europe but sold in Britain without duty being paid.
Hogan Company, Lentz Warehousing and Distribution Company, Paul Jeffrey, Southeastern Bonded Warehouses, and Unit Properties, will also share the new name.
Tricell is therefore able to move on from the normal procedure of using bonded warehouses and freight forwarders to supply the individual electronic identification numbers for each handset in transit.
Tenders are invited for Disposal Of Long Standing/ Un-Cleared Cargo Lying At Cfss/ Icds/ Public Bonded Warehouses Or At Any Other Location Within Jurisdiction Of Central Warehousing Corporation, Regional Office, Navi Mumbai.
As a result, huge quantities of industrial raw materials and consumer goods housed in the Customs Bonded Warehouses could not be cleared within the stipulated time period, attracting penal surcharge besides heavy rental and overhead charges, he said.
Drawback has provided a fast-track repayment of UK duty on consignments of beer placed in bonded warehouses that are notionally destined for export.
He said, ``Some of the people involved have been in quite senior levels at bonded warehouses and cash-and-carries and hauliers.