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As we announced in last week’s blog, CWI Logistics has recently acquired a warehousing site located in Jacksonville’s Foreign Trade Zone No. 64. Warehousing in Foreign Trade Zones (FTZs) was first introduced in the United States in 1934 and FTZs are currently under the supervision of United States Bureau of Customs and Border Protection (CBP). Every state has at least one FTZ; Florida has 20. The Port of Jacksonville’s FTZ No. 64 has been ranked as one of the top in the world by FDI magazine.

aerial view of shipping containers lined up near a coat. An example of a foreign trade zone.

What Are the Benefits of Warehousing in Foreign Trade Zones?

So, why is this news? Because conducting your warehousing in a Foreign Trade Zone comes with some pretty hefty advantages. Lowering or eliminating taxes and duties and more available cash flow are just some of the perks that make storing goods in an FTZ so appealing.

The Benefits

CWI Logistics Is Your Expert At Warehousing in Foreign Trade Zones

Looking to become more competitive? Positioning your warehouse or distribution center within a Foreign Trade Zone may be the way to go. If you’re involved in global trade, taking advantage of the value-added services offered by a 3PL located within an FTZ can help level the international playing field. To learn more about our Jacksonville FTZ warehouse, please contact the CWI professional team today.

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