Streamline your global operations with OLIMP’s Foreign Trade Zone (FTZ) warehousing services, available throughout key locations in the U.S. and Canada. Our FTZ warehouses are strategically positioned near major ports, airports, and trade hubs to support efficient import and export logistics. Whether you’re bringing goods into North America or shipping them abroad, our facilities provide cost-effective, secure, and compliant storage solutions. Benefit from deferred duties, reduced taxes, and simplified customs procedures — all designed to optimize your supply chain and reduce overall costs.
OLIMP Warehousing delivers trusted Foreign Trade Zone (FTZ) solutions across North America, helping businesses streamline international trade, reduce costs, and improve supply chain agility. Whether you’re importing, exporting, or storing goods, our FTZ warehouse services are designed to give you a competitive edge.
Key Benefits of OLIMP’s FTZ Warehousing:
1. Duty Deferral and Reduction
Delay or reduce the payment of duties and taxes on imported goods until they enter U.S. commerce—improving cash flow and cost efficiency.
2. Streamlined Customs Compliance
Our in-house team, including licensed customs brokers, simplifies FTZ entry documentation and ensures adherence to all U.S. Customs regulations, minimizing risks and delays.
3. Advanced Inventory Management
Maintain real-time visibility and control over your inventory with our state-of-the-art inventory systems—perfect for managing foreign and domestic goods alike.
4. Strategic Location Access
From Miami, a key gateway to Latin America, to major hubs across the U.S., our FTZ warehouse network positions your products closer to customers, accelerating speed-to-market.
5. Flexible Storage and Processing
Store goods indefinitely, perform light manufacturing or kitting, and avoid state/local inventory taxes on qualified exports—all within the FTZ.
Whether you’re a manufacturer, importer, or distributor, OLIMP ensures your goods are handled with care, compliance, and precision. Rely on our expert team and robust network to simplify trade operations and elevate your global logistics strategy.
Bonded warehouses, introduced in the 1800s, provide secure storage for dutiable goods under government supervision. Duties are due when goods leave the warehouse for distribution, and they go through the usual Customs processes.
FTZ warehouses, established in the 1930s to boost global trade, are located in areas considered outside U.S. Customs territory. Goods stored in FTZs can move without going through formal Customs procedures, including import duties, until they enter U.S. commerce.
In summary, FTZ warehouses allow goods to be stored, manipulated, or manufactured without import duties, whereas Customs bonded warehouses only defer duties until goods leave the facility for distribution or re-export.
When deciding between a U.S. FTZ warehouse and a Customs-bonded warehouse, businesses should consider a range of factors to determine the best fit for their needs. Key considerations include business objectives, industry-specific activities, location, customs compliance, time constraints, cost analysis, security measures, and potential changes in trade policies.
FTZ Warehouse: Best suited for long-term storage with the added flexibility of manufacturing, processing, or altering goods before they enter U.S. commerce. Ideal for businesses that need to defer or reduce duties, with additional benefits such as inverted tariffs or privileged foreign-status elections for further savings. FTZs offer more flexibility and can be advantageous for businesses requiring the ability to store both domestic and foreign-status goods while optimizing duties and taxes.
Customs Bonded Warehouse: More straightforward and cost-effective, this option is suitable for businesses storing goods awaiting customs clearance. Duties are deferred until goods are released, making it a good choice for companies focused on simpler operations or short-term storage needs. However, unlike FTZs, Customs-bonded warehouses do not permit manufacturing or processing.
Ultimately, if your operation requires manufacturing or long-term storage with potential duty reduction, an FTZ may provide significant advantages. For businesses with simpler storage needs and no manufacturing requirements, a Customs-bonded warehouse could be the more cost-effective solution.