Air, Business, Express, Freight News, Logistics

UPS opens US free trade zones

[ September 6, 2019   //   ]

UPS has converted its US international air freight gateways at Chicago, New York, Dallas and Los Angeles into free trade zones. FTZs help reduce duties, import taxes and other fees thanks to special regulations that allow duty deferral or elimination, tariff inversion, fee consolidation and streamlined customs procedures. UPS has also integrated its Zone Solutions service within its customs brokerage, warehousing, logistics and transportation business.