Key Benefits:

• Duty elimination on re-exported goods
• Weekly entry equals savings on merchandise processing fees (MPFs) and less paperwork
• Unlike a bonded warehouse, there is no time limit on storage within an FTZ
• Since duty is only paid when goods leave the FTZ rather than upfront, companies can see significant cash flow benefit

Example:

DHL’s utilization of Foreign Trade Zones allows them to offer additional benefits to their clients:

“Now more than ever, our ultimate goal is to invest in and support our customers with comprehensive services, strategically located facilities and our broad FTZ footprint across the United States,” said David Goldberg, CEO, DHL Global Forwarding, U.S. “This newest location will further help customers minimize their duty exposure in an ever-changing customs landscape and support their future business growth objectives.”

DHL operates eight FTZs across the country, assisting their customers in realizing the benefits of a zone. Read more here about their latest location.