Benefits

• With FTZ automation the entire admission process for getting of goods from the port of entry into FTZs will be greatly expedited and much simpler with very limited human intervention.
• FTZ automation will offer importers the most predictable and expeditious routing for goods into the US and could save 1-2 days in transit time port.
• The automated environment will make FTZs a more very competitive logistics alternative.
• With automation (including robust 3rd party FTZ inventory reporting solutions) General Purpose Zone operators will have an attractive 21st Century Logistics service to offer their zone users
• Customs Brokers and ABI providers will have new value added services to provide the FTZ user community
• The availability of Weekly FTZ Consumption Entry and the ability to pay Duty and Fees on a monthly basis, coupled with automated admission will save administrative costs significantly.

Current size of the FTZ market

• Receipts into Foreign-Trade Zones account for more than 7% of all US imports
• Receipts in 2004 totaled $317 billion
• FTZ receipts in 2004 increased 29% over receipts in 2003
• More than 20,000 paper admission documents are currently filed monthly
• A significant volume of transactions will now be electronically transmitted to CBP, including the majority of sub-zone transmissions typically transmitted in monthly electronic reports.

This service is available in Foreign-Trade Zone No. 68 for more information: Contact the FTZ manager at FTZ No. 68 (915) 771-6016 or E-mail: quinonezji@elpasotexas.gov

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