A 3PL can be a ideal opportunity for your company to understand the idea of Foreign Trade Zone Access. The FTXs are the regions that are subject to U.S. Customs and Border Protection's (CBP) surveillance. They are usually not considered to be CBP's territorial borders until they are active. They are situated near CBP ports and entry locations. They are similar the CBP's U.S. equivalent for...

The US trade imbalance is the difference in imports and exports between the United States of America (USA) and its trading partners. The US Customs Data and Border Protection regularly release these numbers. Because of the volume of data, these figures are published each year. These data are no longer available from years past. It is essential to understand trade flows. Trade is open to all...

If you are involved in international product imports to U.S., it might be worth speaking to a 3PL to learn more about Foreign Trade Zone access. A 3PL can also offer benefits and operational efficiency in FTZs. FTXs are designated areas that are under U.S. Customs and Border Protection's (CBP) surveillance and are usually considered to be outside of CBP territory after activation. They are...

The US trade data is the difference between what we import and export. The US dollar flows from abroad to be converted to US currency before it is returned to the parent country. The trade deficit is created by a variety of factors including changes in the balance of payments and foreign currency inflows and flows. US trade deficit data are important to a variety of industries. If the value of...