Freight Forwarder
C I B
Customs Broker
Celebrating 25 Years of Business Excellence
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Terminology
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Cargo Import Brokers, Inc. (CIB) is a licensed, full service customhouse broker, based in Houston, Texas, USA. CIB is a customs broker company and an international freight forwarder that services both importers and exporters.
Cargo Import Brokers, Inc.
Call: 800.747.0600
Glossary of Shipping Terms
5510 Norments Street Houston, Texas, 77039, USA Phone: 281.987.0600
What is a Customs Broker?
Do I Need a Customs Broker or Freight Forwarder?
A customs broker performs transactions at ports on behalf of other parties. In other words, an importer, whether into the United States or another country, hires a customs broker to guide their goods into a country.
Customs brokers are private individuals, partnerships, associations or corporations licensed, regulated and empowered by U.S. Customs and Border Protection (CBP) to assist importers and exporters in meeting Federal requirements governing imports and exports. Customs brokers submit necessary information and appropriate payments to CBP on behalf of their clients and charge them a fee for this service.
Customs brokers must have expertise in the entry procedures, admissibility requirements, classification, valuation, and the rates of duty and applicable taxes and fees for imported merchandise. There are approximately 11,000 active licensed customs brokers in the United States.
Customs brokers are private individuals, partnerships, associations or corporations licensed, regulated and empowered by U.S. Customs and Border Protection (CBP) to assist importers and exporters in meeting Federal requirements governing imports and exports. Customs brokers submit necessary information and appropriate payments to CBP on behalf of their clients and charge them a fee for this service.
Customs brokers must have expertise in the entry procedures, admissibility requirements, classification, valuation, and the rates of duty and applicable taxes and fees for imported merchandise. There are approximately 11,000 active licensed customs brokers in the United States.
To comply with export documentation and shipping requirements, many exporters utilize a freight forwarder to act as their shipping agent. The freight forwarder advises and assists clients on how to move goods most efficiently from one destination to another. A freight forwarders extensive knowledge of documentation requirements, regulations, transportation costs and banking practices can ease the exporting process for many companies.
The Federal Maritime Commission licenses U.S. freight forwarders for ocean operations, and some U.S. forwarders are affiliated with global organizations like the International Air Transport Association.
The Federal Maritime Commission licenses U.S. freight forwarders for ocean operations, and some U.S. forwarders are affiliated with global organizations like the International Air Transport Association.
U.S. exporters typically do not book shipments directly with a foreign customs broker, because freight forwarders often partner with customs brokers overseas who will clear goods that the forwarder ships to the overseas port.
Conversely, those same foreign customs brokers contract the services of the domestic freight forwarder when the goods are headed in the opposite direction. The transactions negotiated for the importer will include the entry of goods into a customs territory, payment of taxes and duties and duty drawback or refunds of any kind. Furthermore, the customs broker has knowledge of regulations not only from the corresponding customs authority, but also from other regulating agencies involved in imports.
In short, importers will utilize the services of a customs broker (customhouse broker) and exporters work with freight forwarders.
Conversely, those same foreign customs brokers contract the services of the domestic freight forwarder when the goods are headed in the opposite direction. The transactions negotiated for the importer will include the entry of goods into a customs territory, payment of taxes and duties and duty drawback or refunds of any kind. Furthermore, the customs broker has knowledge of regulations not only from the corresponding customs authority, but also from other regulating agencies involved in imports.
In short, importers will utilize the services of a customs broker (customhouse broker) and exporters work with freight forwarders.
