AutoTerminal.com Americas Receives Foreign Trade Zone Status; Auto Shipments At Port Everglades to Increase Greatly

    FORT LAUDERDALE, Fla.--April 12, 2001-- AutoTerminal.com Americas has received approval from the U.S. Custom's Service to operate a Foreign Trade Zone on its Port Everglades terminal site.
    The designation was necessary for AutoTerminal.com Americas to store vehicles duty-free at its terminal for shipment between foreign ports. The terminal can store about 3,000 cars and trucks awaiting shipment to auto dealers throughout the world.
    "This is the approval we've been waiting for to enable us to operate at full capacity and reach our full potential," said Stephen Magee, AutoTerminal.com Americas vice president of operations & ocean service division.
    Port Everglades is the U.S. Headquarters for the international auto-shipping company and will be its main distribution point for the shipment of an estimated 3,000 vehicles a month between Asia, Europe, the Middle East, the Caribbean and Central and South America. The company will move an estimated $300 million worth of vehicle stock through Port Everglades on an annual basis.
    AutoTerminal.com Americas serves large-scale vehicle wholesalers and individual auto dealers. It provides a complete range of transportation services to ensure its customers' vehicles are delivered on time and in excellent condition. It also has terminals in Asia, the Middle East, Europe and the South Pacific, and ships cars, buses, heavy equipment and other vehicles worldwide.
    The company is planning a mid-May grand opening for its 10-acre terminal, which includes a 45,000-square-foot headquarters and inspection and customization facility. Auto dealers and shippers from around the world are expected to attend. The terminal has a paved lot large enough to hold thousands of vehicles awaiting shipment. "AutoTerminal.com Americas is making a major commitment to Port Everglades by making it our home base for the United States, the Caribbean, and Central and South America," Magee said. "We expect this to become one of our busiest shipping hubs in a matter of just a few months."
    AutoTerminal.com Americas' unique, interactive, business-to-business Internet web site -- www.autoterminal.com -- allows customers to place orders, track shipments and conduct virtual examinations of the exterior and interior of specific vehicles. Its terminals are fully secured and bonded.
    The company guarantees damage-free delivery of customer vehicles, and has the facilities to repair and accessorize any vehicle according to customer demand at all of its worldwide terminals. AutoTerminal.com Americas is the only independent auto shipping company with these comprehensive capabilities.