The concept behind Foreign-Trade Zones (FTZs) is not hard to grasp — they act as secured places for receiving cargo into the U.S. without incurring tariffs, yet. Then, there are multiple ways those tariffs can be reduced. And yet, many companies are failing to make the most of FTZs to reduce costs, because they’re intimidated by the legal and organizational hurdles.
Optimized storage capacity allowed Levata’s new warehouse to efficiently manage a wide range of SKUs, maximizing storage utilization, and giving the company room to grow.
Automakers based in South Korea are taking action to address the growing fears over EV safety, after an unplugged electric Mercedes-Benz sedan caught fire.