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Advantages of Locating and Shipping on the Inland Waterway Navigation SystemEnergy Efficient, Time and Cost Competitive
During 1989 barges handled 8,400,000 tons of cargo on the McClellan-Kerr Arkansas River Navigation System. This volume would have required 84,000 railroad hopper cars, forming a line 1,030 miles long or 335,000 semi-tractor trucks forming a line 13,4000 miles long, or five times the distance from New York City to Los Angeles. Commodity Shipments
All of the major commodities shipped on the waterway - construction materials, petroleum, coal, grains and other agricultural products, steel products, chemicals and minerals - are a part of the continued growth in river traffic. As more shippers understand the economics of water transportation, new commodities are moved along the Arkansas River system. International Shipments
Foreign Trade Zones
A Foreign Trade Zone is advantageous to American Business in a multitude of ways. Products manufactured in the zone using foreign materials may be exported again without any import duty being paid on the foreign materials. An American buyer can inspect and sample foreign goods before buying them and paying duty. Refusal or repair of damaged goods can take place duty and quota free. Foreign goods can be stored for any length of time until they are needed. Cash flow can be improved because duty will be paid only on the portion of the shipment imported into the U.S. from the zone. Indefinite storage in the zone permits importers to import goods now and hold them until the next quota period or until the best price can be obtained on the U.S. market. American businesses benefit greatly by the existence of foreign trade zones. About the Port | Facilities | Intermodal Transportation | Business & Industry
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