Most global shippers know that free trade agreements (FTAs) and foreign trade zones (FTZs) are important duty management tools. But according to American Shipper research, only a fraction are fully utilizing these duty reduction vehicles. As discussions progress on sweeping trade pacts involving Asia, South America and Europe, it’s more important than ever to ensure you’re not leaving opportunities on the table.
This American Shipper report provides actionable takeaways for shippers looking to more effectively incorporate FTAs and FTZs into their supply chain. The paper examines:
- How duty management impacts total landed cost calculations
- Linking FTA and FTZ usage under a common visibility platform with other compliance and logistics functions
- The need for technology to automate the administration and optimal use of duty management programs
Download this American Shipper report to discover how automation can help your company avoid missed opportunities in duty management!