Foreign trade zone
Why companies use foreign trade zones.
Cash Flow Savings
Only pay duties on imported items as they leave the FTZ and enter domestic territory.
Weekly Entry
Reduce paperwork and save money by replacing individual or daily entries with one weekly entry.
Duty Exemption
Avoid merchandise processing fees, duty payments, and duty drawback on exported products.
Avoided Losses
Avoid duties on obsolete, surplus, waste, or scrap parts.
Facilities such as ours at TALG that are established Foreign Trade Zones (FTZ) are considered outside of U.S. customs territory. This means when merchandise is brought into a FTZ, no customs duty is collected until the merchandise leaves the zone and enters the commerce of the United States. If the merchandise is then exported outside of the country, no customs duty is ever due. Through FTZ procedures, including direct delivery, weekly entry/export, and zone-to-zone transfers, companies can be more competitive and cut down hours, or even days, from their delivery cycle.
By utilizing our FTZ facility at TALG, companies can enjoy benefits such as lower inventory cost, improved cash flow, optimized bottom lines, and the ability to consolidate transactions reporting and costs. As a TALG partner, companies are able to have a single inventory pool that ensures a high fill rate for their omnichannel needs. With no delay in getting packages out the door, and shipping anywhere in the world, TALG is the best third party logistics solutions company for apparel companies of all sizes.
Have Questions?
Our team of logistics experts are here and ready to help answer any questions you may have. We stand ready to bring stability to your business!