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Home » Logistics » Crowley Granted FTZ Status for Puerto Rico Warehouse

Crowley Granted FTZ Status for Puerto Rico Warehouse

January 9, 2014
Crowley Maritime Corp.

The facility can now receive, store and process cargo without being subject to formal U.S. Customs entry procedures and payment of duties, until the cargo enters the U.S. supply chain and is made available for domestic use and consumption. Cargoes being cross-docked or processed at Crowley's warehouse prior to re-export internationally receive the same treatment as if they were moving overseas or outside the U.S. - no duties or quota charges, and no state, ad valorem or personal property taxes. In addition, cargo can remain in Crowley's FTZ facility for an unlimited amount of time, instead of the previous 14-day deadline associated with bonded cargoes. Domestic goods moved into the zone for export can be considered exported upon admission to the zone, for purposes of excise tax rebates and drawback.

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    Logistics Facility Location Planning Global Logistics Logistics Outsourcing Transportation & Distribution Inventory Planning/ Optimization Supply Chain Visibility Regulation & Compliance Supply Chain Security & Risk Mgmt All Warehouse Services
    KEYWORDS 3PL All Warehouse Services Crowley Maritime Corp. Facility Location & Network Design foreign trade zones Global Logistics inventory control Inventory Management Inventory Planning/ Optimization Logistics logistics management Logistics Management: Third Party Logistics Logistics Outsourcing Regulation & Compliance SC Security & Risk Mgmt supply chain Supply Chain Management Supply Chain Visibility Third Party Logistics Transportation & Distribution
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