News and Events

Site Selection Names Georgia FTZ a Top Foreign-Trade Zone with Annual Award

Posted by on Oct 30, 2017 in FTZ News, Georgia News, Logistics News, Trade News | 0 comments

ATLANTA, October 30, 2017 – Georgia Foreign-Trade Zone (GFTZ) announced today that it has been awarded the “Top Free Zones Award” for 2017 and named one of the top foreign-trade zones in the U.S. and Canada by Site Selection, an economic development trade magazine. “Business executives are recognizing the value of lower trade barriers, reduced operating costs, and shortened...

Read More...

Yamaha supports SEAL group with Viking donation

Posted by on Oct 25, 2017 in FTZ News, Trade News | 0 comments

Yamaha Motor Corp. USA donated an ATV, the Viking VI Special Edition, to a charity auction benefiting Navy SEAL family members. The Viking VI SE raised $17,000 at the event, and it is the fourth time Yamaha has donated to the SEAL-NSW Family Foundation, who run the auction. “Yamaha is honored to continue its support of the SEAL-NSW Family...

Read More...

Savannah Sees Record Growth in Containerized Trade

Posted by on Apr 6, 2016 in FTZ News, Trade News | 0 comments

In February, 307,035 twenty-foot equivalent container units (TEUs) were moved through Garden City Terminal at the Port of Savannah, according to Georgia Ports Authority (GPA) Executive Director Curtis Foltz. Compared to the same month in 2015, this figure notes an eight percent volume growth in containerized trade. The Executive Director said in a March 21 press release that this...

Read More...

TPP Expected to Boost US Economy

Posted by on Feb 10, 2016 in FTZ News, Trade News | 0 comments

Approved by Congress in October 2015, the Trans-Pacific Partnership (TPP) is expected to increase incomes, exports, and trade growth in the United States. The pact joins twelve Pacific Rim countries and promises to liberalize trade in the megaregion, which already accounts for 36 percent of international trade. Proponents claim it will significantly boost the U.S. economy, and while it...

Read More...

Panama Canal Expansion Project Near Completion, Despite Setbacks

Posted by on Jan 25, 2016 in FTZ News, Trade News | 0 comments

The Panama Canal expansion project is projected to finally conclude by mid-2016, although canal authorities have not yet released a commercial opening date. The $5.25 billion project, originally projected for completion in October 2014, has been subject to a number of trials including labor strikes, leaking locks, and legal disputes between the Panama Canal Authority (ACP) and the Grupo...

Read More...

Reuters + KPMG International Trade Survey

Posted by on Jan 4, 2016 in FTZ News, Trade News | 0 comments

Thomson Reuters and KPMG International conducted a survey to uncover patterns in the perceived strengths and weaknesses of organizations’ trade programs. The survey elicited responses from 446 global trade professionals from companies in 11 different countries across Asia, Latin America and the United States. The study was designed to investigate several crucial aspects of global trade operations: trade operations...

Read More...

How More U.S. Shippers Are Utilizing Foreign Trade Zones

Posted by on Nov 9, 2015 in FTZ News, Trade News | 0 comments

The interest in FTZs, or foreign trade zones, has been growing more and more, according to recent reports. A possible contributing factor to the rise of FTZs is the growing number of distributers that are opening up to the idea of using them. DHL Global Forwarding (DGF), has grown into one of the largest FTZ operators in the U.S.,...

Read More...

Journal of Commerce: FTZs a stable alternative to stalled tariff bill process

Posted by on May 20, 2015 in FTZ News, Trade News | 0 comments

  In a recent Journal of Commerce article, NAFTZ President Dan Griswold explains how the U.S. foreign-trade zone program offers an alternative to importers affected by the stalled miscellaneous tariff bill (MTB) legislation. Click here to be redirected to the full article, available through the NAFTZ...

Read More...

Atlanta Journal Constitution – Atlanta should embrace foreign trade activity

Posted by on Oct 1, 2014 in FTZ News, Georgia News, Trade News | 0 comments

  In a recent op-ed published in the Atlanta Journal Constitution, GFTZ President and CEO Julie Brown emphasized the importance of global engagement for both Atlanta and Georgia. The article cites the ways in which GFTZ is working at local, national, and international levels to help local companies and boost visibility of the city and state. Read more here: GFTZ AJC Column...

Read More...

Logistics Market Snapshot – May 2014

Posted by on May 28, 2014 in Georgia News, Logistics News, Trade News | 0 comments

The Georgia Center of Innovation for Logistics publishes a monthly update on the global logistics market. The April 2014 Logistics Market Snapshot is available here.   Highlights: Georgia has been named the most competitive state in the nation by Site Selection magazine. The Top 10 Competitive States ranking is based on an index of 10 criteria, most of which are...

Read More...