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AFC Company

AFC Company: A Comprehensive Overview

Company Overview

Founding Date and Background

AFC Company, also known as AFC Brokerage & Transportation Group Ltd, was established to provide a range of brokerage services in the transportation sector. Although specific founding dates are not readily available, the company operates under the U.S. Department of Transportation (USDOT) number 2220062, indicating its registration in the industry.

Parent Company/Ownership Structure

AFC Company operates as an independent entity and does not appear to be a subsidiary of a larger parent company. It functions primarily within the transportation brokerage sector, focusing on facilitating logistics and customs brokerage services.

Headquarters Location

The corporate headquarters of AFC Company is located at 29060 Airport Drive, Romulus, MI 48174, United States. This strategic location allows the company to efficiently manage transportation logistics, particularly given its proximity to major transportation hubs.

Global Business Scope

AFC Company primarily serves the North American market, specializing in customs brokerage and transportation services. Its operations encompass a variety of cargo types, including general freight, household goods, and specialized commodities like fresh produce and building materials.

Main Regulatory Bodies

AFC Company is regulated by the Federal Motor Carrier Safety Administration (FMCSA) and the U.S. Customs and Border Protection (CBP). These regulatory bodies oversee the company's compliance with transportation and customs regulations, ensuring safe and efficient operations.

Company History and Development

Key Milestones

AFC Company has achieved several key milestones in its operational history, including obtaining its USDOT and MC numbers, which signify its authorization to operate as a broker in the transportation industry. The absence of inspections and crash reports indicates a focus on compliance and safety.

Business Expansion Journey

While specific details on business expansion are limited, AFC Company has likely adapted to changes in the transportation and logistics landscape, including the growing demand for customs brokerage services as global trade increases.

Customer Base Growth

AFC Company serves a diverse customer base, including individual importers and businesses requiring logistics and customs clearance support. The company's commitment to compliance and efficiency has likely contributed to its customer retention and growth.

Platform Development History

AFC Company utilizes a combination of traditional brokerage methods and modern digital solutions to streamline its operations. This includes leveraging technology for efficient customs processing and cargo tracking.

Important Awards or Recognitions Received

As of the latest information, AFC Company has not publicly reported any specific awards or recognitions. However, its operational compliance and commitment to customer service are indicative of a reputable standing within the industry.

Trading Services Offered

Forex Trading Options

AFC Company does not explicitly offer Forex trading services. However, it provides customs brokerage and transportation services, which may involve international trade transactions that necessitate currency exchange.

Stock Trading Options

AFC Company does not engage in stock trading. Its focus remains on logistics and brokerage services rather than financial trading.

CFD Trading Products

Similarly, AFC Company does not offer Contracts for Difference (CFD) trading products. Its primary services are centered around transportation and customs brokerage.

Other Financial Instruments

AFC Companys core services do not include financial instruments such as cryptocurrencies or commodities trading. Instead, it specializes in the logistics of transporting various goods, including agricultural products, building materials, and general freight.

Special Services or Unique Advantages

AFC Company distinguishes itself through its extensive knowledge of customs regulations and logistics processes. Its ability to navigate complex customs requirements and ensure compliance provides a competitive edge in the brokerage sector.

Detailed Regulatory Information

AFC Company is regulated by several key bodies:

  • Federal Motor Carrier Safety Administration (FMCSA): Oversees safety regulations for commercial motor vehicles.
  • U.S. Customs and Border Protection (CBP): Manages customs regulations and procedures for imports and exports.

AFC Company operates as a limited liability company (LLC) in the United States. Its legal structure allows for flexibility in operations while providing liability protection for its owners.

Client Fund Protection Measures

While specific client fund protection measures are not detailed, AFC Companys adherence to regulatory requirements suggests that it follows best practices for financial transactions and client fund management.

Countries/Regions Served

AFC Company primarily serves clients within the United States, focusing on customs brokerage and transportation services for goods entering and exiting the country.

Compliance History

AFC Company has maintained a clean compliance history with no reported inspections or crashes in the past 24 months, indicating a strong commitment to safety and regulatory adherence.

Competitive Landscape

Main Competitors

AFC Company faces competition from several notable companies in the logistics and customs brokerage industry, including:

  1. Expeditors International: A global logistics company specializing in customs brokerage and freight forwarding.
  2. C.H. Robinson: One of the largest logistics platforms, offering a wide range of supply chain services, including customs brokerage.
  3. Kuehne + Nagel: A global leader in logistics and freight forwarding, providing extensive customs services.
  4. DHL Supply Chain: A major player in logistics and supply chain management, offering customs brokerage services.
  5. UPS Supply Chain Solutions: Provides logistics and customs services as part of its broader supply chain offerings.

Positioning in the Industry

AFC Company positions itself as a specialized customs brokerage and transportation service provider. Its focus on compliance and customer service differentiates it from larger competitors that may offer a broader range of logistics services.

Market Differentiation Factors

AFC Company differentiates itself through its deep understanding of customs regulations and its commitment to providing personalized service to clients. This focus on compliance and efficiency allows it to effectively navigate the complexities of international trade, providing a valuable service to its customers.

Conclusion

AFC Company has established itself as a reliable player in the customs brokerage and transportation industry. With a strong commitment to compliance and customer service, it continues to adapt to the evolving landscape of global trade. As it navigates the complexities of logistics and customs regulations, AFC Company remains focused on delivering value to its clients.

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