Suddath Global Logistics Announces Addition of Free Trade Zone (FTZ) Space
JACKSONVILLE, Fla. (Jan. 17, 2018) – Suddath® Global Logistics, a division of The Suddath Companies, is pleased to announce the addition of 320,000 square feet of newly acquired activated Free Trade Zone (FTZ) space.
“A FTZ distribution center is a huge benefit to our clients, as it allows them to receive and ship international goods into the FTZ without incurring import duties and postpone the payment of import taxes until products are nationalized for domestic consumption. Many companies are realizing and capitalizing on the benefits of FTZs as a way to improve cash flow,” as described by Harold Barboza, Senior Vice President of Contract Logistics.
Suddath is a recognized industry leader on the front lines of industry trends. Our FTZ locations are composed of our 240,000 square-foot warehouse at our Jacksonville, Florida–Pritchard Road location and our recently acquired location in Deerfield Beach, Florida which boasts an additional 120,000 square feet.
Clients of Suddath can now benefit from the cost savings of two strategically positioned FTZ locations in major Florida international port cities.
The new Deerfield FTZ facility is conveniently situated and ready to assist with your logistics needs in South Florida.
Be sure contact us about your upcoming projects and consider Suddath as your next end-to-end supply chain solution partner.