UPS turns airports into foreign trade zones

UPS has converted four major US airport gateways into foreign trade zones (FTZ) and expanded its Zone Solutions services. Converting Chicago O’Hare, New York John F. Kennedy, Dallas Fort Worth and Los Angeles extends UPS’s FTZ-related capabilities beyond warehousing and distribution to help clients manage end-to-end processes from dealing with customs to inventory control. The […]

Miami Airport designated as a Foreign Trade Zone

Miami-Dade Aviation Department (MDAD) has gained final approval from the US Department of Commerce to designate Miami International Airport’s entire 3,200-acre land parcel as a Foreign Trade Zone (FTZ) magnet site. The magnet site designation allows existing or prospective airport tenants to operate manufacturing, warehousing and/or distribution centres on airport property, and have their federal […]

Miami Airport receives government approval for Foreign Trade Zone

Miami International Airport has received government approval to be designated as a Foreign Trade Zone (FTZ) magnet site, allowing manufacturers to lease available property space and have tariffs deferred, reduced or eliminated. The Miami-Dade Board of County Commissioners approved the application to the US Department of Commerce, expanding Miami-Dade County’s FTZ281 to include the airport, […]