FTZ’ine September 2022
September 1, 2022
FTZ’ine November 2022
November 1, 2022
The “R” Word
It’s back. Despite strong employment numbers, talk of a global and US recession is getting louder. How fast our economy might slow is confusing the stock market, leading to wild swings but a decidedly downward direction for the year. Global investors seeking a safe haven are buying US dollars. That makes it a great time to visit Europe and Asia, but a lousy time to try and sell your US products there.
Even though we stopped doing the King and Queen thing 250 years ago, it was hard not to be impressed by Queen Elizabeth’s regal personage. May she rest in peace. With sharp challenges ahead, we will quickly learn if the loss of her steady hand will spell trouble in the UK.
The new federal government fiscal year started on Saturday. The House passed a Continuing Resolution less than 12 hours before funding would have lapsed and caused a shutdown. The CR only provides for 10 more weeks of government operation. The new fiscal year means MPF caps went up for US importers, including FTZs.
Unresolved contract negotiations for rail and dock workers remain a black cloud this month hanging over US supply chains. Hurricane Ian and its wide path of destruction in Florida and Puerto Rico will also demand close attention from the trade this month.
Top Story: The Drums Are Getting Louder
Tech Tip: CBP Looking at FTZ Weekly Estimates – Be Sure You Are Reporting Correctly
CBP recently provided guidance in the form of an updated FAQ and instructions in the Entry Summary CATAIR that tells zone operators that every HTS/COO/MID combination found on the Entry Summary (7501) must have been reported on the corresponding Weekly Estimate (3461). For some FTZs, this is a change in practice, and may even contradict instructions previously received from their CBP port.
For some FTZs, including every possible HTS/COO/MID combination on the Weekly Estimate will result in exceeding the 999 line limit of the filing. In practice, FTZs may be reporting each tariff code (HTS) managed in the zone, each manufacturer (MID) from whom goods are obtained, and every Country of Origin (COO) of goods on the 3461, but not in every possible combination to keep the estimate to less than 999 lines.
In an FAQ included on their website, CBP states that a supplemental FTZ Weekly Entry must be filed when the operator anticipates that an HTS/COO/MID combination not previously reported on the week’s estimate will be shipped from the zone into US commerce. CSMS #53267891 announced that the Entry Summary Create CATAIR was also updated to include a clarification note that the FTZ Line Item Quantity on the Summary cannot exceed the FTZ line item quantity reported on the corresponding Cargo Release Line.
This has some operators wondering what happens to unnecessary estimates and how to manage the supplementals in conjunction with their weekly entry privileges. If you have questions about your weekly estimates, please send them to us at Info@iscm.co.
Work Stoppage Derailed At Last Minute
UFLPA Jumps The Pond
New Management Team In UK Has Work To Do
ITC Questionnaire Seeks Answers But Raises Questions
FTZ Staff Activity
- FTZ Board Staff processed a Subzone (S-137-2022) in FTZ 61Z on behalf of Oldach Associates, LLC, in Catano, PR on September 26, 2022
- FTZ Board Staff processed a Subzone (S-138-2022) in FTZ 167 on behalf of Burger Boat Company, in Manitowoc, WI
- FTZ Board Staff processed a Minor Boundary Modification (S-139-2022) in FTZ 104 on behalf of MS International Inc., in Pooler, GA on August 11, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-140-2022) in FTZ 33 on behalf of RAK Porcelain USA Inc., in Imperial, PA on August 15, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-141-2022) in FTZ 2 on behalf of Koch Fertilizer, LLC, in Arabi, LA on August 15, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-142-2022) in FTZ 241 on behalf of Almod Diamonds Ltd., Inc., in Miramar, FL on August 17, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-143-2022) in FTZ 281 on behalf of The Chefs’ Warehouse of Florida, LLC, in Miami, FL on August 18, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-144-2022) in FTZ 90C on behalf of PPC Broadband, Inc., in East Syracuse, NY on August 18, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-145-2022) in FTZ 99I on behalf of Bloom Energy Corporation, in Newark, DE on August 23, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-146-2022) in FTZ 70 on behalf of Material Handling Services Limited, in Detroit, MI on August 23, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-147-2022) in FTZ 61Q on behalf of Autogermana, Inc., in San Juan, PR on August 24, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-148-2022) in FTZ 84 on behalf of Dixie Cullen Interests, Inc., in Houston, TX on August 24, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-149-2022) in FTZ 138 on behalf of JOANN Fabrics and Crafts, in West Jefferson, OH on August 29, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-150-2022) in FTZ 144 on behalf of IDO Free Trade Zone Corp., in Darien, GA on August 29, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-151-2022) in FTZ 81F on behalf of CAN-ONE (USA), Inc., in Nashua, NH on August 29, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-152-2022) in FTZ 281 on behalf of Trade Management Solutions, LP, in Medley, FL on August 30, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-153-2022) in FTZ 281 on behalf of Pas Cargo USA, Inc., in Hialeah Gardens, FL on August 30, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-154-2022) in FTZ 281 on behalf of Suntyx, LLC, in Hialeah Gardens, FL on August 30, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-155-2022) in FTZ 32 on behalf of Cargo Express International, Inc., in Miami, FL on August 30, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-156-2022) in FTZ 32 on behalf of Worldwide Logistics, Inc. FL, in Medley, FL on August 31, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-157-2022) in FTZ 21F on behalf of Volvo Car USA dba Volvo Car U.S. Operations, in Ridgeville, SC on September 1, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-158-2022) in FTZ 116E on behalf of Golden Pass LNG Terminal LLC, in Baytown, TX on September 1, 2022
- FTZ Board Staff processed a Subzone (S-159-2022) in FTZ 161 on behalf of Great Plains Manufacturing, Inc., in Salina, KS
- FTZ Board Staff processed a Minor Boundary Modification (S-160-2022) in FTZ 142 on behalf of National Refrigerants, lnc., in Rosenhayn, NJ on September 7, 2022
- FTZ Board Staff processed a Subzone (S-161-2022) in FTZ 98 on behalf of BLG Logistics of Alabama LLC, in Northport, AL
- FTZ Board Staff processed a Termination (S-161-2022) in FTZ 38 on behalf of Global Trade Logistics, LLC, in Greer, SC on September 8, 2022
- FTZ Board Staff processed a Termination (S-162-2022) in FTZ 38Q on behalf of Commerce Warehouse Group, LLC, in Rock Hill, SC on September 8, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-164-2022) in FTZ 64H on behalf of North Florida Warehouse, FTZ d/b/a JZI IntermodaLogistics, in Jacksonville, FL on September 12, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-165-2022) in FTZ 35 on behalf of PEL Health dba Piramal Pharma Solutions, in Sellersville, PA on September 9, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-166-2022) in FTZ 72 on behalf of Rhenus Warehouse Solutions IND., LLC., in Plainfield, IN on September 9, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-167-2022) in FTZ 43G on behalf of Zoetis Services, LLC, in Battle Creek, MI on September 9, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-168-2022) in FTZ 70 on behalf of Hill Machine Works, LLC, in Fraser, MI on September 16, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-169-2022) in FTZ 181 on behalf of JOANN Fabrics and Crafts, in Hudson, NY on September 16, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-170-2022) in FTZ 26F on behalf of Precision Components International, in Columbus, GA on September 19, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-171-2022) in FTZ 50 on behalf of LL Flooring Services, LLC, in Pomona, CA on September 19, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-172-2022) in FTZ 50 on behalf of Weida Freight System, Inc., in Compton, CA on September 19, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-173-2022) in FTZ 75O on behalf of TSMC Arizona Corporation, in Avondale, AZ on September 20, 2022
- FTZ Board Staff processed a Termination (S-174-2022) in FTZ 32 on behalf of BLU Products, Inc., in Doral, FL on September 20, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-175-2022) in FTZ 77J on behalf of Neotek Corporation, Inc., in Memphis, TN on September 21, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-176-2022) in FTZ 35E on behalf of Philly Shipyard Inc., in Philadelphia, PA on September 21, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-177-2022) in FTZ 93 on behalf of Ideal Fastener Corporation, in Oxford, NC on September 21, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-178-2022) in FTZ 70 on behalf of L.S. Wholesale, Inc., in Troy, MI on September 21, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-179-2022) in FTZ 26 on behalf of SJW Logistics, in Lithia Springs, GA on September 26, 2022
- FTZ Board Staff processed a Minor Boundary Modification (S-180-2022) in FTZ 49 on behalf of Dynamic Distribution Services, Inc., in South Kearney, NJ on September 28, 2022
- FTZ Board Staff processed a Subzone (S-181-2022) in FTZ 207 on behalf of voestalpine High Performance Metals LLC, in South Boston, VA
FTZ Board Activity
The “R” Word
It’s back. Despite strong employment numbers, talk of a global and US recession is getting louder. How fast our economy might slow is confusing the stock market, leading to wild swings but a decidedly downward direction for the year. Global investors seeking a safe haven are buying US dollars. That makes it a great time to visit Europe and Asia, but a lousy time to try and sell your US products there.
Even though we stopped doing the King and Queen thing 250 years ago, it was hard not to be impressed by Queen Elizabeth’s regal personage. May she rest in peace. With sharp challenges ahead, we will quickly learn if the loss of her steady hand will spell trouble in the UK.
The new federal government fiscal year started on Saturday. The House passed a Continuing Resolution less than 12 hours before funding would have lapsed and caused a shutdown. The CR only provides for 10 more weeks of government operation. The new fiscal year means MPF caps went up for US importers, including FTZs.
Unresolved contract negotiations for rail and dock workers remain a black cloud this month hanging over US supply chains. Hurricane Ian and its wide path of destruction in Florida and Puerto Rico will also demand close attention from the trade this month.