Foreign Trade Zones Gain Traction as Importers Seek Tariff Relief 

As shifting trade policies and new tariffs reshape supply chains, U.S. importers are increasingly turning to foreign trade zones (FTZs) and bonded warehouses to manage costs and preserve flexibility, said Andy Smith, chief operating officer at Source Logistics.

“People sometimes perceive FTZs as loopholes — they’re not,” Smith told FreightWaves.

“They’re tightly controlled by U.S. Customs and Border Protection and require licensing, audits and background checks. It’s a very rigorous, formal process that helps companies manage costs in a compliant way.”

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