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Five-Year Study Showcases the Benefits of US Foreign-Trade Zones

QAD

Duty reduction and duty exemption are the primary reasons companies engage in the FTZ program FTZs present many benefits to companies operating in the United States. For instance, FTZs require accurate reporting on inventories and annual report preparation to maintain FTZ status. Key Findings From the US FTZ Program Study 1.

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Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

Restrictions in the Panama Canal have affected over 170 countries and virtually every good: soybeans and liquified natural gas from the United States, copper and fresh cherries from Chile, and beef from Brazil. Last fall, when the Mississippi River closed sections due to low water levels, it caused $20 billion in economic damage.

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This Week in Logistics News (October 14 – 20)

Logistics Viewpoints

And now on to this week’s logistics news. The new program reduces the time it takes to fulfill an order by up to 25%, the company said, and it can identify and store inventory up to 75% faster. The post This Week in Logistics News (October 14 – 20) appeared first on Logistics Viewpoints. That’s all for this week.