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Rhenus Logistics warehouses across the United States are located strategically near major ports and airports. Rhenus operates FTZ and custom bonded warehouses for clients to sort their goods when the product is imported or exported out of the USA. Both warehouse options are cost-efficient and safe.
Free trade zone or foreign trade zone (FTZ) is unlimited storage of foreign and domestic imported goods. It offers clients the opportunity to have their import duties and customs fees deferred, reduced, or eliminated. Customs bonded warehouse offers long and short-term storage of imported goods for up to five years, which allows clients to avoid duty payments until the cargo is nationalized.
Customs bonded warehouses are ideal and convenient for businesses that need to ship goods domestically and internationally. It also provides the option of keeping your products stored long-term until you are ready to import them, but you can also store items that may be exported in the future.
Utilizing a customs bonded warehouse allows your goods to be moved between other bonded warehouses, including FTZ warehouses for export, deconstruction, or long-term storage. You will not have to pay any customs duty costs when you export goods from the warehouse; customs duty fees are only necessary for imports.
Benefits of Bonded Warehouse
Our in-house team of licensed customs brokers specializes in submitting FTZ entry documentation and more. Moving cargo to an FTZ allows you to locate your products closer to your customers, thereby increasing the speed to market.
Our FTZ warehouse is strategically located in Miami, Florida - which is a gateway into Latin America (LATAM) and a platform to develop connections between Europe and the Asia-Pacific region.
Benefits of the Foreign Trade Zone
