Maximize Your Duty Refunds with Expert Duty Drawback Solutions
Unlock significant savings by reclaiming duties, taxes, and fees on exported goods. Our streamlined process ensures you recover every eligible dollar, enhancing your bottom line.
Introduction
Each year, billions of dollars in duty drawback recoveries go unclaimed. At FreightOptics, we help businesses capitalize on these opportunities, ensuring efficient recovery of expenses on imported goods that are later exported. Our expert team and advanced technology make the process seamless, helping you reclaim your funds and boost your profitability.
What is Duty Drawback?
Duty drawback is a refund from U.S. Customs for duties paid on imported goods that are subsequently exported. This program encourages international trade by alleviating cost burdens for businesses engaged in import-export activities. By claiming duty drawback, companies can recover a substantial portion of their expenses on goods that do not remain in the U.S. market.
Eligible Items for Duty Drawback
All-encompassing features deliver benefits that span your entire operation.
Unused Imported Goods
Reclaim duties on items that remain unused in the U.S.
Manufactured Products
Recover costs for items used domestically to create other products.
Damaged or Substandard Goods
Get refunds on goods that did not meet quality standards.
Fuel for International Flights
Claim drawbacks on fuel used for flights departing the U.S.
Exports to Neighboring Countries
Recover duties on goods shipped to Canada or Mexico.
Raw Materials
Reclaim costs for imported raw materials used in manufacturing exported products.
Benefits of Duty Drawback
Our solutions are designed to address common and impactful issues
that can complicate the freight claims process:
Cost Recovery
Reclaim a significant portion of duties, taxes, and fees on exported or destroyed goods, enhancing your financial health.
Increased Competitiveness
Lower your overall product costs through duty recovery, giving you a competitive edge in the market.
Improved Cash Flow
Boost your cash flow by receiving reimbursements on duties and taxes, allowing for better budget management.
Why Choose FreightOptics?
With FreightOptics, you gain access to industry expertise and advanced technology, ensuring a smooth and efficient duty drawback process. Our comprehensive approach helps you unlock measurable savings and improve your financial performance without any risk.
Let's Talk
Choose the software that supports you from the long haul to the final mile–and beyond.
Schedule a free consultation to discuss your logistics needs with one of our experts, and see a demo of FreightOptics in action.