To help Northeast Florida companies better manage cash flow during the COVID-19 pandemic, new Foreign Trade Zone No. 64 customers can defer the one-time application fee for 90 days.Photo – Jaxport
The Jacksonville Port Authority (Jaxport) earlier this week announced it is deferring the application fee for all new Foreign Trade Zone (FTZ) No. 64 applications received by July 31.
An FTZ is a secured site within the United States, but technically considered outside of U.S. Customs' jurisdiction, allowing shippers to clear cargo as it leaves the FTZ while saving on import clearance costs.
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