Foreign-Trade Zones (FTZs) have contributed to hundreds of thousands of jobs in the US, growth and prosperity in communities, and have enhanced the competitiveness of US-based companies engaged in international trade. The NAFTZ 38th Annual Seminar/Conference & Exposition is organized to ensure the continued success of participants and will offer diverse sessions to help meet your FTZ needs. The expo, being held in Miami, Florida on September 13 – 15, will offer a mix of sessions designed to boost individual professional development as well as FTZ specific industry sessions.
For existing foreign-trade zone (FTZ) users, there may be FTZ benefits that are not being employed. One example of this is cross-docking. Cross-docking is the unloading of materials from an incoming truck or rail car and loading these materials directly into outbound trucks, trailers, or rail cars, with little or no storage between them.
The due date for FTZ Board Annual Reports is just around the corner – will you be ready? As you know, these reports must be submitted on zone and subzone activity no later than the last business day in January of each year. The report includes information on a federal fiscal year (October 1 through September 30), so it’s not too early to start thinking about pulling together the needed data for your annual report.
Is your company facing challenges in terms of customs valuation rules in your Foreign-Trade Zone (FTZ)? Are you reporting value properly on your CF214 and CF7501? Do you know how valuation is applied to first sale and assists? If you can’t answer these questions with confidence then the Customs Valuation webcast on August 19th is a must-attend.
Whether you are new to foreign-trade zones (FTZs) or have been operating an FTZ for years, your vocabulary most likely includes the words “CBP Form 7501-06″. Regardless of your experience level, it’s always good to have a reminder on how CBP wants the 7501 completed.
US foreign-trade zone (FTZ) operators and administrators are being asked by Aberdeen Group to participate in their Annual Global Trade Management study. Your participation will enable Aberdeen to get a complete look at all areas of global trade compliance.
Many apparel and textile companies are considering implementing automated tools to assist with global trade management (GTM) and compliance. For apparel, footwear and textile industries utilizing foreign-trade zones (FTZs), an automated solution can track and correctly report necessary cotton fees, textile categories and visa programs, as well as utilize the First Sale method of valuation.
US foreign-trade zone (FTZ) operators and administrators are being called to participate in the annual Aberdeen Global Trade Management (GTM) study. Your participation will enable Aberdeen to get a full view of all areas of global trade compliance including foreign-trade zones. While there are very specific FTZ questions, there are also questions covering: read more…
President Obama’s National Export Initiative of doubling US exports in the next five years is being backed heavily by the National Association of Foreign-Trade Zones (NAFTZ) who believes that using foreign-trade zones (FTZs) to export products is one of the most compelling benefits of FTZs.
In a previous post, we shared the link to the Aberdeen Group’s Annual Global Trade Management survey. Have you taken the survey? If not, we encourage you to take a few moments and complete the survey — you can access it here.
