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Showing posts from May, 2022

Logistics companies can benefit from the Foreign Trade Zone

If your business involves international product imports to U.S., a 3PL can assist you in learning more about Foreign Trade Zone Access. FTXs are areas that are under U.S. Customs and Border Protection's (CBP) surveillance and generally considered to be out of CBP territory after activated. They are close to CBP entry points or ports and represent the U.S. equivalent of what is internationally known as free trade zones.   Foreign Trade Zones (FTZ), allow import products to enter America. There is no duty until the products arrive at their destination in the United States. FTZs are able to store products for longer periods. FTZs can store products for longer periods. Trudy Huguet is the senior director for FTZ Products at GEODIS Americas. FTZ is an American government program that stresses compliance. She stated that the program can be used in any supply chain. Huguet stated that, while foreign trade services can be great, 3PLs could also be a benefit for ...

There is a 200 percent increase in fresh produce imported into the United States

According to the US Department of Agriculture's Economic Research Service, Mexico was responsible for 77% of US fresh fruit import volume and Canada for 11%. According to US import data from the US, fresh produce imports increased by nearly 200 percent in the last 20 years. Most of the imports were from Canada and Mexico. Fresh produce imports also outstripped fresh exported by $7.6 Billion, nearly double the amount in a decade. A combination of US trade data and domestic census data shows that Canadian producers are outperforming the US import market. They offer organic and protected culture (or greenhouse) options and more options for American consumers. Although conventional, field-grown fresh produce remains America's most important import source, organic and other green products have a growing market share.   The 2019 Census of Horticulture data shows that the US has seen a 508 percent increase in greenhouse pepper production since 2009. It grew fro...

Foreign trade zones can benefit from logistics companies

It might be worthwhile to speak with a third-party logistics company if your business imports products from foreign countries. This will help you learn about Foreign Trade Zone access, and what a 3PL could offer your business in an FTZ. FTXs are considered secure locations that have been under the supervision of US Customs and Border Protection (CBP) and are generally not subject to CBP jurisdiction once activated. They are located near CBP entry points or ports and can be considered the United States' equivalent of free trade zones. Foreign Trade Zones (FTZ), are available to facilitate imports in the country. No duty is levied on products that are not yet at their destination in the United States. FTZs are able to store products for longer periods. You can return them if they are no longer needed. Trudy Huguet (senior director, FTZ Product, GEODIS Americas) stated that the FTZ program was an initiative of the U.S. government that focuses on compliance. She ...

Nearly 200 percent more fresh produce is imported in the US than a decade ago

  According to the US Department of Agriculture's Economic Research Service, Mexico was responsible for 77% of US fresh fruit import volume and Canada for 11%. According to data from the US, fresh produce imports increased by nearly 200 percent in the last 20 years. Most of the imports were from Canada and Mexico. Fresh produce imports also outstripped fresh exported by $7.6 Billion, nearly double the amount in a decade. A combination of US trade data and domestic census data shows that Canadian producers are outperforming the US import data market. They offer organic and protected culture (or greenhouse) options and more choices to American consumers. Although conventional, field-grown fresh produce remains America's most important import source, organic and other green products have a growing market share. The 2019 Census of Horticulture data shows that the US has seen a 508 percent increase in greenhouse pepper production since 2009. It grew from 2mi...