Foreign Trade Zone

Definition

A foreign-trade zone (FTZ) is a geographical area where foreign merchandise receives the same Customs treatment as if it were outside the commerce of the United States. Merchandise of foreign origin and of every description may be held in the Zone without being subject to Customs duties and other taxes. Foreign-Trade Zones are established within or near U.S. Ports of Entry and are under the supervision of the U.S. Customs and Border Protection.

Benefits

Due to low labor and property costs, South Carolina has become a focal point for some of the world's largest manufacturers. Since 2011, we have utilized our Bonded Foreign Trade Zone to enable our customers to maximize their profits by avoiding unnecessary government fees. The goal of our FTZ operation is to create an environment in which our customers and partners are better able to achieve their objectives, and since its activation our FTZ has done just that.

FTZ Services

Located in Greer, South Carolina, the Swafford Foreign Trade Zone covers 80,000 square feet of our northern warehouse. Utilizing our custom Warehouse Management System, along with a web-based FTZ Management System, we are able to provide the following services:

  • Inspection
  • Repackaging
  • Reworking
  • Sequencing
  • Rapid receipt/release processing
  • Total transparency

Want to learn what our Warehousing Services can do for your? Find out more here.

Copyright © 2012 Swafford Transport and Warehouse, Inc.

Swafford Transport and Warehouse, Inc. • PO Box 1805, Greer, SC 29652 • 1-800-366-1895

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