To complement our stevedoring services, Nicholson Terminal & Dock Company offers 2 terminals (Detroit & Ecorse) both with a variety of services that include truck, rail car and barge loading and unloading, container stuffing and stripping, securing, cargo sorting, cargo assembling and short and long term storage.
Combined giving Nicholson Terminal & Dock Company the largest Terminal Facilities in Michigan with 5,550 ft. of dock length, 199,800 sq. ft. of covered storage and over 80 acres of yard space.
All services are custom tailored to meet the specific needs of our customers. We understand that each service contract is unique. Our staff is prepared to satisfy each customer’s requirements. Our terminal services are designed to handle any cargo in the most efficient and timely manner.
Foreign Trade Zone (FTZ)
The only qualified FTZ at the Port of Detroit, Nicholson Terminal & Dock Company provides a clear advantage to our customers.
FTZ certification can impact the competitive position of most foreign and domestic goods handled at our terminal facility.
FTZ’s allow firms the operating flexibility and cost savings that are vitally important to improving their market position. FTZ’s, authorized by the U.S. Congress in 1934, are areas within the geographic boundaries of the United States, which are considered to be outside U.S. custom’s territory. Importers may bring foreign and domestic merchandise into FTZ’s without making formal customs entry or paying Customs duties or excise taxes. Goods in a zone may be stored, tested, sampled, relabeled, repackaged, displayed, repaired, manipulated, mixed, cleaned, assembled, manufactured, salvaged, destroyed and processed. Customs entry and customs duties and excise taxes are paid only when the merchandise is shipped from the FTZ into the U.S. market. If merchandise is exported, no duties or taxes are paid.
The principle benefit of FTZ’s is the cash flow savings achieved by deferring the payment of Customs duties and excise taxes. FTZ’s may also be used to adjust the tariff classification of the imported merchandise to a different classification, one with a lower duty rate after being shipped to an FTZ specific zone, for manufacturing or assembly such as an auto plant. FTZ’s allow firms with U.S. plants to enter finished goods into the U.S. Customs territory at the same rate as offshore manufacturers of the same goods. Our FTZ status has been used successfully by many of our customers to develop efficient and effective importing and exporting operations. We are prepared to help our customers take full advantage of this opportunity.
