News

Department of Commerce Press Release, August 2013 – Bill to Strengthen American Manufacturing

Statement from U.S. Commerce Secretary Penny Pritzker on New Bill to Strengthen American Manufacturing.

FOR IMMEDIATE RELEASE
Friday, August 2, 2013
CONTACT OFFICE OF PUBLIC AFFAIRS
202-482-4883

U.S. Secretary of Commerce Penny Pritzker commended U.S. Senators Sherrod Brown and Roy Blunt and U.S. Representatives Joe Kennedy and Tom Reed for introducing the Revitalize American Manufacturing and Innovation Act of 2013, which would establish a Network for Manufacturing Innovation to position the U.S. as a world leader in advanced manufacturing.

 

Click here to read the full release on the U.S. Department of Commerce website.



How Imports Benefit the U.S. Economy – Milken Institute Review

In his recent article, “It’s the Imports, Stupid!”, trade journalist Greg Rushford touts the often under-appreciated benefits of imports to the United States economy. Rushford also emphasizes the benefits of the Foreign-Trade Zone program, discussing how FTZs have contributed to export growth in the automotive and pharmaceutical industries.

The full article is available here. Click on the article title, halfway down the table of contents.


Save the Date: NAFTZ Annual Conference, September 8-11, Miami, Florida

Annual Conference & Exposition

Sunday, September 8 – Wednesday, September 11th, 2013 in Miami, FL

2013 THEME: FTZs:  A Gateway to Global Opportunities.

NAFTZ’s Annual Conference and Exposition is the single largest event of the year dedicated solely to Foreign-Trade Zones. With four full days of educational sessions, exhibitions, and networking events, our Annual conference is the most important event of the year for Foreign-Trade Zone professionals.

Each year, the conference provides a combination of general sessions, specialized breakout tracks for Grantees and Operator/Users, and thought-provoking round-table discussions. Regular speakers at the annual conference include high-ranking government officials from U.S. Customs and Border Protection and the U.S. Foreign-Trade Zones Board, as well as top practitioners from the private sector and prominent FTZ grantees.

As the largest FTZ related gathering of the year, the Annual Conference is also the perfect place for exhibitors to showcase their FTZ-related products and services. At the 2012 Annual Conference in San Diego, exhibitors had an audience of over 400 FTZ professionals.

The 2013 Annual Conference and Exposition will be held from Sunday, September 8 – Wednesday,  September 11th, 2013 at Loews Miami Beach Hotel in Miami, Florida. Reference “NAFTZ Annual Conference & Expo” when you call 877-563-9762 to book your room at the NAFTZ discounted rate of $239/night + tax. A limited number of rooms have been reserved at the discounted NAFTZ rate until Friday, August 2, 2013, based upon availability.

For additional details and registration, click here.


Imports Work For America Week: May 6-10, 2013

 

Imports Work for America Week is an initiative by a coalition of organizations representing tens of thousands of businesses employing millions of American workers across the United States who depend on access to imports to compete globally.  Imports Work for America Week will publicize the positive role that U.S. imports play in:

·         supporting U.S. jobs,
·         lowering costs for working families,
·         expanding U.S. manufacturing, and
·         promoting economic development.

Click here to learn more about the initiative.


Georgia Center of Innovation for Logistics: May 2013 Update

 

Building off the success of our “Logistics Market Snapshot” which now reaches tens of thousands of recipients on the 15th of every month, we were asked if we could also promote the many logistics events taking place in Georgia and share updates on the work of our Center.

So, here we go… on the last day of the month you should now expect concise updates on: Upcoming Events, Tools and Resources, New Company Locations & Growth, and Activity at the Center of Innovation for Logistics (this last one we’ll do quarterly).

Click here for the full newsletter, published by the Georgia Center of Innovation for Logistics.



NAFTZ Spring Seminar May 12-13, Charleston, SC

NAFTZ’s annual Spring Seminar contains specialized sessions for Operator/Users, Grantees, and Consultants, respectively. Topics are adjusted each year in order to address current issues and trends in the FTZ community. Sessions at the seminar include speeches, panel discussions, and thought-provoking Q&A sessions with government officials and industry experts. Last year’s seminar featured a Customs Headquarters Update from Richard DiNucci, Acting Deputy Assistant Commissioner of the Office of International Trade at U.S. Customs and Border Protection.

We are extremely excited to announce our 27th Annual Spring Seminar, FTZs: A Key to Global Competitiveness, on May 12-13, 2013 in Charleston, SC.

More Information Here


U.S. Foreign-Trade Zones Attract FDI to United States

 

By Daniel Griswold, President, National Association of Foreign-Trade Zones (NAFTZ)  (Location USA / April 2013)

With their streamlined regulations and many advantages, U.S. foreign-trade zones have become home to the successful operations of many foreign-owned affiliates.

For a company looking to locate an affiliate in the United States, the Foreign-Trade Zones (FTZs) program, established in 1934, can provide a secure, efficient, and profitable platform to compete effectively in domestic and global markets. U.S. foreign-trade zones are currently home to 2,800 companies across the United States and Puerto Rico, among them such brand-name global producers as AstraZeneca Pharmaceuticals, BAE Systems, LG Electronics, Michelin, Ricoh, Samsung, Sony, ThyssenKrupp, and Yamaha. New streamlined regulations implemented in 2012 have made the program more attractive than ever to companies large and small, foreign and domestic.

Click here to access the full article.


Logistics Market Snapshot :: February Edition

U.S. exports of goods and services reached a record $2.2 trillion in 2012. Exports in 2012 outpaced the growth in imports for the first time since 2007. Exports as a share of U.S. GDP were 13.9% in 2012 .  (Source: BLS)

  • Intermodal container volumes hit a record high in 2012 with 13.1 million moves, a 5.9% increase year-over-year. Domestic container shipments topped 5 million for the first time, reflecting a growth rate of 12.2% over 2011 activity. International containers accounted for 52% of the total volume(Source: IANA | intermodal.org)
  • Saia, the Georgia-based truck carrier, reported a 2012 profit of $32 million, jumping 181.8% from $11.4 million in 2011. Yearly revenue was $1.1 billion, up 6.7% from $1 billion the previous year.
  • Import volume through major U.S. container ports is expected to increase 8.5% in February. (Source: NRF/Hackett Associates)
  • In December, housing starts rose 12.1% to an annual rate of 954,000 units, the fastest growth since June 2008.

Download the full newsletter here.