An FTWZ (Free Trade and Warehousing Zone) warehouse is a designated area where goods can be stored, handled, and re-exported with minimal customs regulations and duties. These zones are designed to promote international trade by providing streamlined logistics and tax benefits.
Air and sea customs clearances involve the processing of documents and inspections required for goods to be transported via air or sea.
The supplier requests a broker to ship goods by air to a single consignee at a specific location. The land freight supplier handles transportation to the airport.
Ocean freight logistics relies heavily on the services of third parties called freight forwarders.