FTZs flourish into the '90s
Article Abstract:
Foreign trade zones (FTZs) have proven to be efficient promoters of the growth of US international trade since they were given Congressional authorization in 1934 through the Foreign Trade Zones Act. FTZ exports increased by 8% from 1990 figures to over $11 billion in 1991. There were only seven FTZs in 1970, but this number rose to 185 by 1992. During this period, total commercial activity increased dramatically from $200 million to more than $200 billion. FTZ growth is expected to continue with the ratification of trade pacts being discussed in the EC and in North America. A list of FTZs all over the US and the services they provide are presented.
Publication Name: Global Trade
Subject: Business, international
ISSN: 1060-0906
Year: 1992
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Build a better border relationship
Article Abstract:
The possibility of a North American Free Trade Agreement (NAFTA) has produced improvements in border relations between Canada, the US and Mexico. Increased pre-clearance of shipments, infrastructure renovations and constructions as well as conspicuous friendliness have marked preparations for the upcoming NAFTA. In addition, automation has improved processing times at both Mexican and Canadian borders. Clearances can already be processed faster through several systems such as the Inland Pre-Arrival Review System of Canada and the Custom's Automated Commercial System.
Publication Name: Global Trade
Subject: Business, international
ISSN: 1060-0906
Year: 1992
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Hazmat employees go back to school
Article Abstract:
The Department of Transportation's Research and Special Programs Administration issued a final rule called Training for Safe Transportation of Hazardous Materials. The rule mandates employers to institute employee training programs for safe handling and transport of hazardous materials and for emergency response strategies. It calls for training in four categories, namely, general awareness, safety, function-specific and driver training. Industry officials believe the improved training regulations will help minimize accidents resulting from human errors.
Publication Name: Global Trade
Subject: Business, international
ISSN: 1060-0906
Year: 1992
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