The export process can feel like a foreign world to companies who are new to exporting or those with limited experience in international trade. Therefore, many companies choose to outsource international transportation and supply chain needs to a freight forwarder to increase efficiency and maintain compliance with government laws and regulations. While the manufacturer concentrates on producing high quality goods, the freight forwarder focuses on providing economical and time-sensitive solutions for the shipper. Freight forwarders manage the export process, looking for opportunities to streamline operations. Below are ten reasons to consider outsourcing international transportation and customs compliance needs to a freight forwarder.
Topics: Freight Forwarder
International Standards for Phytosanitary Measures (ISPMs) are used to protect plant resources from the spread of invasive pests migrating in global trade. All wood packaging materials used in shipments should meet ISPM 15 standards to avoid delays or unexpected costs. So what is ISPM and how can shippers ensure compliance?
Storage, demurrage, per diem and detention charges are fees assessed by carriers for extended use of equipment or space. These charges can add up quickly, causing financial strains for importers if proactive steps are ignored. Proper planning and execution by a Licensed Customs Broker (LCB) or freight forwarder can reduce the chances of incurring unnecessary import storage charges.
Proper export documentation is imperative to the success of an export program. Shipping documents provide customs officers with the necessary information to proceed with customs clearance at destination. On the contrary, the lack or inaccuracy of required documentation can lead to cargo delays and unexpected expenses.
Freight forwarders are an essential link within the international supply chain, transporting goods worth $5.3 trillion every year. Forwarders are agents who arrange for cargo to travel from origin to destination. They contract space with carriers to move cargo via ocean, air, rail or truck transportation.