Convoy Beverage Alliance (CBA), a Florida-based warehouse and transportation provider for alcoholic beverage firms, has joined Northeast Florida's Foreign Trade Zone (FTZ) No. 64, Florida's largest FTZ by area.
CBA's 20,439-square-meters Jacksonville warehouse and distribution centre is now eligible for FTZ advantages, including the possibility to cut, delay, or eliminate US Customs tariffs on items imported into the US, as a result of the activation.
"We strategically chose Jacksonville to grow our alcoholic beverage 3PL warehousing business because we're close to port terminals and there is fast access to national and regional distribution routes from Jacksonville," stated Joseph Ortega, Convoy Beverage Alliance senior manager of Brand Development.
Foreign Trade Zones are federally-designated locations inside the United States that are legally perceived to be outside of US trade. CBA can avoid US Customs tariffs by entering the FTZ until the imported goods clear the zone.
