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International Trade & Logistics Terminology

Our glossary simplifies common industry terms in freight and logistics into clear, easy-to-understand explanations.

Free Zone

Free Zone A free trade zone (FTZ) is a designated area established by a country where goods are exempt from duties, taxes, or undergo simplified customs clearance. Businesses can conduct warehousing, processing, transshipment, and re-export within the FTZ. FTZs help reduce costs and enhance international competitiveness. Cross-border e-commerce companies and manufacturers can use FTZs to defer tax payments, increase logistics flexibility, and optimize supply chain configurations.

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