Warehousing & China Tariffs: Why Pay Them?
With tariffs on various imports from China looming, warehouses are seeing a surge in the volumes of goods that are being rushed into the U.S. in hopes of avoiding those additional costs. As a result, warehouses are being flooded with additional goods to organize and manage, making it more important than ever to have effective warehousing processes and systems in place to ensure timely movement of freight.
Free trade zone (FTZ) warehouses are seeing particularly high volumes, with companies looking to avoid tariffs by getting their freight to a middle ground that will enable them to avoid customs fees. Likewise, bonded warehouses are receiving abnormally high volumes of imports that must then clear customs before they can be delivered to their final destinations, causing congestion for those sites as well.
With multiple layers of complexity around current import volumes, how can freight-forwarders help their customers avoid the volatility and additional costs associated with the impending tariffs? To discuss these challenges, FreightWaves partnered with Magaya to present an hour-long webinar to share:
- Challenges and best practices for keeping freight moving within FTZ and bonded warehouses
- Complexities around goods imported for re-exportation
- Strategies for effective warehousing during peak-volume periods
Featured speakers included Radel Diaz, Licensed Customs Broker for Top Shipping Systems Corp., and Eduardo Bencomo, Senior Account Executive for Magaya.
To view the webinar on demand, simply complete this form.