DHL expands FTZ presence with new Texas site
24 / 07 / 2020
By Damian Brett
DHL Global Forwarding has expanded its foreign trade zone (FTZ) presence in the US with a new site at the El Paso, Texas, airport.
FTZs are secure areas under US customs and border protection supervision that are generally considered outside of the US for customs purposes. FTZs are used for loading, unloading, handling, storing goods and for reshipping them by land, sea or air. Users benefit from FTZs as they reduce, defer or mitigate the impact of tariffs and taxes.
The latest addition joins seven other locations, including New York, Atlanta, Chicago, Dallas-Ft. Worth, Miami, San Diego and Los Angeles.
“Now more than ever, our ultimate goal is to invest in and support our customers with comprehensive services, strategically located facilities and our broad FTZ footprint across the US,” said David Goldberg, chief executive, DHL Global Forwarding, US.
“This newest location will further help customers minimise their duty exposure in an ever-changing customs landscape and support their future business growth objectives.”
DHL said its FTZ expansion is part of its response to customer needs to build “comprehensive end-to-end solutions in a number of industry sectors which include life sciences and healthcare, chemicals and energy, technology, consumer retail, engineering and manufacturing, public sector and automotive”.
The added FTZ presence throughout the country is also geared toward supporting customers in mitigating the effects of fluctuating trade scenarios, DHL added.