FTZ Developments – Vol. I Issue. I – Spring 2019
A publication of Rockefeller Group Foreign Trade Zone Services. Sharing FTZ-related News and Updates.
Entries by cunderwoodnew2022
CTPAT – The Road Ahead – 3rd Quarter 2018
In November, it will be 17 years since the inception of the CTPAT program that was instituted in the wake of the September 11th terrorist attacks. The program, which began with only seven participants, now boasts over 11,000 members in multiple industry segments. The twin mission of the program remains supply chain security AND trade facilitation.
Dive in For Trade News – The Latest Summer News and Deadlines – 2nd Quarter 2018
With all of the trade news and activity that has already taken place this year, it’s hard to believe it is only June! The horizon looks just as busy with upcoming deadlines in the ongoing in-bond implementation and additional anticipated developments in ACE.
The Impact of Recent Trade Remedy Measures on FTZs: What You Need to Know – 1st Quarter 2018
In these current times of evolving trade policies, it is important that all stakeholders fully understand the possible impact of recent trade remedy measures on FTZ operations. This article summarizes the impacts and suggested actions for FTZ users, especially FTZ manufacturers.
GSP Expiration – 4th Quarter 2017
The GSP program that provides duty free treatment for imported goods from certain countries will expire on midnight December 31, 2017 unless reauthorized by Congress before the deadline.
US FTZ Manufacturing: A History of Adaptation Should Inform Our Future – October 16, 2017
Over the course of modern history, many economic realities have incentivized companies to manufacture abroad instead of within the United States. Luckily, for decades forieign trade zones have played a critical role in helping US-based manufacturers comete against foreign-based production.
Brave New World – Navigating the Modernized In-Bond Regulations – 3rd Quarter 2017
On September 28th, the highly anticipated updated in-bond regulations were published in the Federal Register as a Final Rule set to take effect on November 27th, followed by a 90-day flexible enforcement period.
Exporting from a FTZ to Canada – Can the Canada CSA Program Benefit You? – 2nd Quarter 2017
One of the major benefits of the Foreign-Trade Zones (“FTZ”) program is the ability to eliminate U.S. duty payments on foreign goods that are admitted to the FTZ and subsequently exported in- bond. But can the benefit be even greater if the goods are exported to Canada?
CBP FTZ Audits & FTZ Board Compliance Spot Checks: Prepare Now– 1st Quarter 2017
Whether your company is new to the FTZ program or a “mature” FTZ operation, now is the time to undertake a comprehensive internal review of your FTZ and overall trade compliance in order to develop a true “audit preparedness” program and correct any identified compliance issues.
A Fresh Look at Security Guidelines – 4th Quarter 2016
While the trade community was knee deep in its work last year of implementing trade modernization through the transition to ACE, CBP also took the opportunity to “modernize” its guidelines on physical security at CBP bonded facilities.