Freight Forwarding – At the Forefront of Global Trade
Freight forwarding helps you find the best way of getting your shipments from A to B. However simple or complex your supply chain is, we’ll help you get there. Logistics and geography is no longer a challenge.
Shipping and Transport
Air Freight – One of the fastest and safest forms of transport, air freight is for immediate shipments of standard or special cargo
Road Freight – For domestic freight, road continues to be a popular option for cargo transport; there are a huge variety of options and vehicle types for road freight, depending on what you’re transporting
Letters of credit (LCs), also known as documentary credits are financial instruments, issued by banks or specialist trade finance institutions, where payment is made to the exporter on behalf of the buyer, if the terms specified in the LC are fulfilled.
A bill of lading will set out a list of the cargo which the ship is carrying as a receipt; this is provided by the master of the ship to the person who is consigning the goods. We sometimes see that it is abbreviated to be BoL or B/L. It is issued by a carrier of goods to acknowledge that they are in receipt of a cargo for shipment.
Demurrage is a result of a failure to abide by the rules agreed to in a charter agreement. Specifically, it is when a charge is payable to the owner of a chartered ship on the failure to load or discharge the ship within an agreed time period.
DSV are able to assist with the transportation and logistics when moving product. They help with the delivery of product in a way that is safe, secure and on time. This may be by sea, road, air and rail. They can also assist with warehousing of goods.
DSV work globally and have a network of offices and warehouses. This assists with transporting goods globally.
Sea freight shipping is the most popular shipping method for buyers when shipping from China. However, there are complex issues involved in shipping from China such as the freight related issues and the steep learning curve involved.
We’ve partnered with Sourcing Bro to shed light on all you need to know about sea freight from China.
Inbound logistics when looking at a trade cycle is understanding how goods are transported and stored when in transit; this could be on truck, ship, in warehouse or using air carrier. However, the efficiency of the logistics and path to the end buyer is key in creating a successful trade.
What about using a freight forwarder if you know very little about logistics?
When people are not comfortable about shipping logistics, it is sometimes easier to use a freight forwarder. Their services vary and they can assist in improving efficiency both in relation to cost and time, as they are able to consolidate smaller shipments. They can also assist in your navigation around the rules when considering a voyage that you are not familiar with.
How do I choose a freight forwarder?
Are they a member of the British International Freight Association (BIFA) and so covered by freight liability insurance?
Have they worked with clients similar to you and do they have experience with similar products?
Do they work in the same countries you are shipping in?
Are their expertise restricted to a number of countries?