Friday, June 21, 2024
CEVA and IMS Worldwide enter strategic alliance for US FTZ services

CEVA and IMS Worldwide enter strategic alliance for US FTZ services

CEVA Global Logistics, LLC (CEVA) and IMS Worldwide (IMSW) have entered into a strategic alliance to offer the benefits of Foreign Trade Zone (FTZ) services to all US customers. These would include Nashville FTZ (pictured).

The partnership’s focus is the development of a sophisticated Zone Managed Services offering that is rooted in compliance, efficiency and experience. Based on an in-depth analysis of the customers’ supply chains, CEVA and IMSW can offer to integrate certain activities into FTZ environments and therefore achieve improved efficiency and substantial savings in terms of duties or import fee reductions as well as cash flow improvements through reductions in working capital.

CEVA’s chief operating officer for Global Freight Management, Jerome Lorrain, announcing the alliance says: “Our continuing effort to streamline our customers supply chains, squeezing every bit of costs out of the logistics process, is greatly aided by this alliance with IMSW, which is considered one of the top FTZ experts in the country. We have worked with them for over 12 years now, and a stronger, more integrated approach is going to be a great addition to our import and contract logistics operations.”

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James Graham

James Graham is an award-winning transport media journalist with a long background in the commercial freight sector, including commercial aviation and the aviation supply chain. He was the initial Air Cargo Week journalist and retuned later for a stint as editor. He continues his association as editor of the monthly supplements. He has reported for the newspaper from global locations as well as the UK.

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