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AFC Company

  

AFC Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  AFC International, LLC, commonly referred to as AFC Company, was founded over 25 years ago. It specializes in customs brokerage services and international shipping, helping businesses navigate the complexities of importing goods into the United States. The company has established itself as a trusted partner for importers seeking to comply with U.S. customs regulations.

  

Parent Company/Ownership Structure

  AFC International operates as an independent entity and is not a subsidiary of a larger parent company. It is privately owned and managed, allowing for a focused approach to customs brokerage and client services.

  

Headquarters Location

  The headquarters of AFC International is located at 29060 Airport Drive, Romulus, MI 48174, USA. This strategic location near major transportation hubs facilitates efficient customs clearance processes for imports arriving from various international destinations.

  

Global Business Scope

  AFC Company provides customs brokerage services primarily for clients importing goods into the United States from around the world. The company works closely with various government agencies, including U.S. Customs and Border Protection (CBP), the Food and Drug Administration (FDA), and the Environmental Protection Agency (EPA), among others, to ensure compliance with all relevant regulations.

  

Main Regulatory Bodies

  AFC International operates under the regulations set forth by several federal agencies, including:

  • U.S. Customs and Border Protection (CBP)
  • Food and Drug Administration (FDA)
  • Federal Communications Commission (FCC)
  • Environmental Protection Agency (EPA)
  • Alcohol and Tobacco Tax and Trade Bureau (TTB)

  

2. Company History and Development

  

Key Milestones

  AFC Company has achieved several key milestones since its inception, such as becoming a participant in the Customs-Trade Partnership Against Terrorism (C-TPAT), which enhances supply chain security and facilitates faster processing of imports.

  

Business Expansion Journey

  Over the years, AFC International has expanded its service offerings to include a wide range of customs brokerage solutions, such as automated commercial environment (ACE) filings, remote location filings, and duty drawback services. This expansion has been driven by the evolving needs of their clients and the complexities of international trade.

  

Customer Base Growth

  AFC Company has experienced significant growth in its customer base, serving a diverse range of industries, including manufacturing, retail, and e-commerce. This growth is a testament to the companys commitment to providing expert customs brokerage services and ensuring compliance with U.S. regulations.

  

Platform Development History

  The company has invested in technology to streamline its customs brokerage processes. This includes the implementation of electronic data interchange (EDI) systems for efficient communication with customs authorities and clients, enhancing the overall customer experience.

  

Important Awards or Recognitions Received

  While specific awards were not highlighted in the available data, AFC International's reputation for reliability and compliance has earned it recognition in the customs brokerage industry, positioning it as a trusted partner for importers.

  

3. Trading Services Offered

  

Forex Trading Options

  AFC International does not primarily focus on forex trading; however, it provides essential services to businesses involved in international trade, which may include forex transactions for importers managing currency exchange risks.

  

Stock Trading Options

  The company does not offer direct stock trading services as part of its core business model, focusing instead on customs brokerage and compliance services.

  

CFD Trading Products

  AFC International does not provide contracts for difference (CFDs) as part of its service offerings. Its primary focus remains on customs brokerage and related services.

  

Other Financial Instruments

  While AFC Company specializes in customs brokerage, it indirectly supports clients in managing various financial instruments by ensuring compliance with import regulations, which may include commodities and manufactured goods.

  

Special Services or Unique Advantages

  AFC International offers several unique advantages, including:

  • Pre-release of Shipments: Allowing clients to expedite the customs clearance process.
  • Automated Commercial Environment (ACE): Utilizing advanced technology for efficient customs processing.
  • Duty Drawback Services: Helping clients recover duties paid on imported goods that are later exported.

  

  

Detailed Regulatory Information

  AFC Company is regulated by several key bodies, including:

  • U.S. Customs and Border Protection (CBP)
  • Food and Drug Administration (FDA)
  • Federal Communications Commission (FCC)
  • Environmental Protection Agency (EPA)

  

  AFC International is structured as a limited liability company (LLC) in the United States, which provides liability protection to its owners while allowing for flexible management.

  

Client Fund Protection Measures

  While specific client fund protection measures were not detailed, AFC Internationals compliance with federal regulations and participation in C-TPAT suggest a commitment to securing client interests throughout the customs process.

  

Countries/Regions Served

  AFC International primarily serves clients importing goods into the United States from various countries worldwide, including major trading partners like China, Mexico, and Canada.

  

Compliance History

  The company maintains a strong compliance record, working diligently to adhere to the regulations set forth by multiple federal agencies. This commitment to compliance is pivotal in ensuring the smooth importation of goods for its clients.

  

5. Competitive Landscape

  

3-5 Main Competitors

  AFC International competes with several other customs brokerage firms, including:

  • Expeditors International
  • DB Schenker
  • Kuehne + Nagel
  • FedEx Trade Networks

  

Positioning in the Industry

  AFC Company positions itself as a full-service customs broker, emphasizing its expertise in navigating U.S. customs regulations and its commitment to client service.

  

Market Differentiation Factors

  Several factors differentiate AFC International from its competitors:

  • Experience: Over 25 years in the customs brokerage industry.
  • Comprehensive Services: A wide range of customs-related services, including automated solutions.
  • Personalized Support: A focus on building relationships with clients to understand their unique needs and challenges.

  In conclusion, AFC International, LLC is a key player in the customs brokerage industry, providing essential services to importers navigating the complexities of U.S. customs regulations. With a strong commitment to compliance and customer service, the company continues to grow and adapt to the evolving needs of its clients in the global marketplace. For more information about AFC Company and its services, learn more here.

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