Other Industrial

May, 2014: 10 locomotives bound for Mozambique, Africa were loaded at Erie Sand and Gravel/ON Minerals, the stevedore for the Port of Erie. A full article on the locomotive shipping and it’s impact on Erie and the Great Lakes can be found at MarineLink

Foreign-Trade Zone 247 Pennsylvania

A foreign-trade zone is a designated location in the United States where companies can use special procedures that help encourage U.S. activity and value added – in competition with foreign alternatives – by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings.

A site which has been granted zone status may not be used for zone activity until the site has been separately approved for FTZ activation by local U.S. Customs and Border Protection (CBP) officials, and the zone activity remains under the supervision of CBP. FTZ sites and facilities remain within the jurisdiction of local, state or federal governments or agencies.

Click here for the Zone Schedule for Foreign Trade Zone 247 PennsylvaniaFor more on Foreign-Trade Zones go to http://enforcement.trade.gov/ftzpage/

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Erie Shipping News