While NVOCCs and freight forwarders both have their benefits, the answer depends on the shipment being made by the shipper. The most significant distinction is that NVOCCs are only for maritime shipping, while forwarders move cargo differently. If a business moves goods by the ocean, NVOCCs can provide personalized services and help shippers avoid the intermediary fee. This is because they are independent carriers instead of agents. Forwarders benefit from allowing different ways to transport goods. Businesses with international supply chains can take advantage of having their entire freight journey handled. Forwarders also have extra services not provided by NVOCCs, such as warehousing and customs clearance.
The Value of Customer Relationships in Freight Forwarding
In international trade, freight forwarders are the intermediaries that handle the logistics of getting your goods to the final destination. Forwarders coordinate with carriers and warehouses to find the best routes for cargo transportation. When choosing a forwarder, the customer should be mindful of how much effort the forwarder is willing to put into having a solid and long-lasting relationship. When examining how much the forwarding agent values their bonds with customers, there are specific indicators to look for.
The Transition to Electronic Shipping
Paperless shipping has recently surged in popularity, and many top carriers have followed the trend. Nine of the largest ocean carrier companies have even committed to a fully electronic bill of lading by 2030. The bill of lading, or BL, is traditionally a document that a carrier issues on physical paper. A completely 100% electronic BL is a milestone in shipping and can lead to a fully digital supply chain in the future.
Florida’s Importance to the Freight Forwarding Industry
The freight forwarding industry in Florida has thrived due to the many conveyance methods available for moving shipments. Florida boasts 19 commercial airports, 21 foreign trade zones, 15 seaports, and various railroads located throughout the state. In 2019, Florida moved 912 million tons of freight valued at over $1.1 trillion in its freight system. The state’s positioning benefits freight forwarders and shippers by allowing solutions to streamline supply chains. Florida’s growing population has increased the volume of cargo moved in and out every year.
Flower Shipping During this Valentine’s Season
A typical shipment moved globally for Valentine’s Day celebrations is flowers. Over 1.1 billion flowers are imported into the U.S. and inspected annually by customs. Out of all the imports, most are roses produced and transported from farms in Colombia.
Grain Exports During Record Low Water Levels
The Mississippi river has reached its lowest water levels in over a decade due to a drought. One of the most significant consequences is felt in grain exports. This is because over half of the grains exported from the U.S. flows through the river.
Holiday Season Logistics of Small Businesses
Regardless of your business size, there are different parts to shipping your goods to your customers. These crucial parts can affect the whole supply chain if one part goes wrong. This may be even more critical during this holiday season with increasing global demand to ship goods. The pressure to move freight has gone up over the last few years.
How to Begin Importing from China
China is the U.S.’s biggest trading partner and the largest exporter of goods internationally. Because of China’s ability to manufacture products on a large scale, importing from the country can present many opportunities. Not only is growth possible for a business, but reduced costs, large quantities of imports, and other benefits are also possible. While importing may seem attractive to first-time shippers, understanding what’s necessary is essential for the shipment’s success. This article will explain how to prepare the required documents and what to expect during your cargo’s shipping journey.
What Are Cross-docking and Trans-loading Services?
Two solutions that have grown into essential pieces of the supply chain puzzle are cross-docking and trans-loading. Both of these services help streamline supply chains and reduce costs; however, they differ in how they accomplish this. Here you will learn which one is best for your shipping goals.
Standard Operations Return at the Port of Oakland
The Port of Oakland was shut down due to trucker protests on Ab5. The protesting has since settled down to a few dozen protesters, and protesters have relocated to “free speech zones.”