FTZ’ine January 2022
January 5, 2022FTZ’ine March 2022
March 1, 20222022 Off To An Electrifying Start
The Potomac River is indeed frozen right now, but there was still a lot of trade news flowing from Washington in the first month of the year.
The largest changes to the HTSUS in five years were just implemented by CBP last week. New entry summary filing rules went into effect to execute the Presidential Proclamation on steel and aluminum from the EU. Those rules are likely to reprise in agreements with the UK and Japan soon.
FTZ applications now in process highlight the major investments being made across the United States in electric vehicles (EV) and the batteries that drive them. The difficulties those EV production applications are having navigating the halls of Commerce also highlight the policy challenges ahead for foreign-trade zones as Washington grapples with the potential impact to legacy assembly and parts workers in the transition to greener transportation alternatives.
The new ACE Portal is live and users need to set up a new account this month or risk having their access turned off.
The U.S. economy grew 1.7% in the fourth quarter of 2021, a 6.9% annual rate and its largest one-year jump since 1984. That positive also highlighted the depths of the pandemic, and will likely push the Federal Reserve to raise interest rates within the next 6-8 weeks. Thoughts of rising interest rates rattled stock markets which had a tough start to the year.
Top Story: EV’s Charge Ahead With FTZ’s
Tech Tip: Zone IDs Are Changing For Real Now
Zone IDs and FTZ numbering has been the subject of several tech tips over the years. It’s funny how something that seems so simple can create technical challenges for FTZs and Customs and Border Protection.
You may be asking yourself if you must go back and update your procedures manual, documentation and all other things you have labeled something that looks like “FTZ #25A Site 2”. No, those FTZ Board assigned designations aren’t changing, but the way you send them in anything electronic to CBP is finally getting synchronized.
On April 24, 2021, CBP deployed the Foreign Trade Zone (FTZ) ID Format Expansion. This necessitated an update in the both the ACE Entry Summary Create/Update and Duty Deferral Create/Update, but the format change was still optional in the e214. An operator could elect to use the old 7-digit format or the new 9-digit format on the admission. Now, CBP announced in CSMS #50858555 that the new format will be required in all new electronic admissions (e214s) filed starting on March 19, 2022.
Check with your FTZ software company and your broker if you use one to make sure they made the corresponding updates before the new deadline. And make sure that the 9-digit number you are submitting is properly formatted, with each of these three sections filled with leading zeroes to make up the full 9-digits:
- FTZ ID = 3 numeric
- Sub zone/GP ID = 3 alpha-numeric
- Site ID = 3 alpha-numeric
If you have questions about how to process an e214, or FTZ filings in general, please email us at Info@iscm.co.
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FTZ Staff Activity
- FTZ Board Staff processed a Minor Boundary Modification (S-14-2022) in FTZ 65G on behalf of Spectrum Logistics Inc., dba Shoreside Logistics, in Jacksonville, FL, on February 1, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-15-2022) in FTZ 84AF on behalf of Watco Transloading, LLC, in Houston, TX, on February 3, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-16-2022) in FTZ 32 on behalf of IVI Logistics, LLC, in Doral, FL, on February 7, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-17-2022) in FTZ 35J on behalf of Sharp Corporation, in Conshohocken, PA, on February 7, 2022
- FTZ Board Staff processed a subzone (S-18-2022) in FTZ 123 on behalf of Kaiser Premier LLC, in Fort Morgan, CO
- FTZ Board Staff processed a Minor Boundary Modification (S-19-2022) in FTZ 105E on behalf of J. Goodison Company, in North Kingstown, RI, on February 10, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-20-2022) in FTZ 41I on behalf of CNH Industrial America LLC, in Sturtevant, WI, on February 14, 2022
- FTZ Board Staff processed a subzone (S-21-2022) in FTZ 196A on behalf of TTI, Inc., in Fort Worth, TX
- FTZ Board Staff processed a Termination (S-22-2022) in FTZ 75 on behalf of Orbital Sciences Corporation, in Gilbert, AZ, on February 16, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-23-2022) in FTZ 202 on behalf of Tolead Logistics US Inc., in Vernon, CA, on February 18, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-24-2022) in FTZ 94 on behalf of Capin Vyborny LLC, in Laredo, TX, on February 24, 2022
- FTZ Board Staff processed a Termination (S-25-2022) in FTZ 54A, Site 2 on behalf of W Schonbek LLC, in Plattsburgh, NY, on February 24, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-26-2022) in FTZ 18G on behalf of Tesla, Inc., in Stockton, CA, on February 25, 2022
- FTZ Board Staff processed a Termination (S-27-2022) in FTZ 32 in Miami, FL, on February 28, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-28-2022) in FTZ 151F on behalf of Supreme Resources, Inc., in Lima, OH, on February 28, 2022
FTZ Board Activity
- BMW Manufacturing Company, LLC submitted a notification of proposed production activity for additional components of passenger motor vehicles within FTZ 38 in Spartanburg, South Carolina. MORE
- Mitsubishi Logisnext Americas Inc. received authorization of production activity for additional components of forklifts/work trucks and related subassemblies/kits within FTZ 84 in Houston, Texas. MORE
- Lilly del Caribe, Inc. received authorization of production activity for additional components of pharmaceutical products within FTZ 7 in Carolina, Puerto Rico. MORE
- Avant Organics LLC received authorization of production activity for specialty chemicals within FTZ 261 in Alexandria, Louisiana. MORE
- OFS Fitel, LLC submitted an application for production authority for optical fiber products within FTZ 26 in Carrolton, Georgia. MORE
- AbbVie Ltd. received authorization of production activity for additional components of pharmaceutical products within FTZ 7 in Barceloneta, Puerto Rico. MORE
2022 Off To An Electrifying Start –
The Potomac River is indeed frozen right now, but there was still a lot of trade news flowing from Washington in the first month of the year.
The largest changes to the HTSUS in five years were just implemented by CBP last week. New entry summary filing rules went into effect to execute the Presidential Proclamation on steel and aluminum from the EU. Those rules are likely to reprise in agreements with the UK and Japan soon.
FTZ applications now in process highlight the major investments being made across the United States in electric vehicles (EV) and the batteries that drive them. The difficulties those EV production applications are having navigating the halls of Commerce also highlight the policy challenges ahead for foreign-trade zones as Washington grapples with the potential impact to legacy assembly and parts workers in the transition to greener transportation alternatives.
The new ACE Portal is live and users need to set up a new account this month or risk having their access turned off. The U.S. economy grew 1.7% in the fourth quarter of 2021, a 6.9% annual rate and its largest one-year jump since 1984. That positive also highlighted the depths of the pandemic, and will likely push the Federal Reserve to raise interest rates within the next 6-8 weeks. Thoughts of rising interest rates rattled stock markets which had a tough start to the year.