Most companies currently using or considering using the FTZ program are keenly aware of weekly entry and how it can improve import operations. Self-enacting federal legislation was passed in 2000 that significantly expanded the logistics and administrative benefits of FTZs to distributors…
In-bond is an integral part of zone operations, facilitating the movement of goods without the payment of duty to the zone from the port, between zones, extending zone benefits to zone exports, and helping to create duty savings both, up and down the supply chain. Chances are if you are involved in zone operations, you have had a close encounter with the in-bond program.
These are common questions that FTZ Operators and Administrators ask as they try to gain a clear understanding of the potential benefits of an in-depth compliance review.