Home » Plainfield's MD Logistics Takes Foreign Trade Zone Live
Plainfield's MD Logistics Takes Foreign Trade Zone Live
January 1, 2012
PLAINFIELD, INDIANA May 10, 2011 -MD Logistics, a third party logistics and supply chain management company, now operates under Foreign Trade Zone status. MDL activated FTZ services in the first quarter of this year, enabling its customers to defer duty on raw goods until they are sold or removed from the FTZ. Additionally, customs clearance and service fees are reduced, among other benefits.
MDL joins nearly 20 other FTZ sub-zones in the Central Indiana area. While most are largely manufacturers, MDL is one of the only 3PL's in the market that can now offer FTZbenefits. "We see this as an opportunity to develop new business in the Indianapolis area, potentially resulting in additional jobs", stated John Sell, MDL's vice president. Read more.