CEVA Global Logistics and IMS Worldwide (IMSW) have formed a strategic alliance to offer the benefits of foreign trade zone (FTZ) services to US customers, including improved efficiency and 'substantial savings' in duties or import fee reductions as well as cash flow improvements through cuts in working capital.
A joint statement said that CEVA's collaborative alliance with IMSW, specialising in the FTZ consulting and operations in the US, allows CEVA to 'enhance, grow and expand their current FTZ offerings to all of their ocean and air gateways in North America,' reported London's Air Cargo News.
CEVA's chief operating officer Jerome Lorrain said: 'Our continuing effort to streamline our customers' supply chains, squeezing every bit of costs out of the logistics process, is greatly aided by this alliance with IMSW, which is considered one of the top FTZ experts in the country.
'We have worked with them for over 12 years now, and a stronger, more integrated approach is going to be a great addition to our import and contract logistics operations.'
In addition to offering FTZ services, CEVA's strategic partnership with IMSW allows the alliance to offer e-commerce solutions and further expand in the air cargo forwarding sector.
A joint statement said that CEVA's collaborative alliance with IMSW, specialising in the FTZ consulting and operations in the US, allows CEVA to 'enhance, grow and expand their current FTZ offerings to all of their ocean and air gateways in North America,' reported London's Air Cargo News.
CEVA's chief operating officer Jerome Lorrain said: 'Our continuing effort to streamline our customers' supply chains, squeezing every bit of costs out of the logistics process, is greatly aided by this alliance with IMSW, which is considered one of the top FTZ experts in the country.
'We have worked with them for over 12 years now, and a stronger, more integrated approach is going to be a great addition to our import and contract logistics operations.'
In addition to offering FTZ services, CEVA's strategic partnership with IMSW allows the alliance to offer e-commerce solutions and further expand in the air cargo forwarding sector.