Charter Brokerage - FTZ & Bonded Terminal Services

Charter is the premier provider of Customs services in support of FTZ and bonded terminal operations.  Our services include: documentation, inventory tracking, record keeping, reporting, and audit support.   Charter maintains a proprietary Fuel Inventory Tracking System (“FITS”) that enables Charter to collect, maintain and process data related to the receipt, storage and use of foreign status jet fuel and to generate the records and reports needed for customs compliance.  Charter’s clients consist of major U.S. and foreign airlines, major U.S. petroleum companies that supply jet fuel and the airport consortia that are owned by the airlines and operate jet fuel storage and delivery facilities at and adjacent to major airports. 

FTZ & Bonded Terminal Services – General Information

Under federal law jet fuel in “foreign status” is exempt from state and local sales and excise taxation.  “Foreign status” jet fuel refers to jet fuel that is imported under customs bond without the payment of duty for use on aircraft engaged in international or other qualified flights.  The term also refers to jet fuel that is produced in a domestic petroleum refinery that has been designated as a “foreign-trade zone” and, also, remains under customs bond from the time it is withdrawn from the refinery until used on qualified flights.