Freight forwarding is a term widely used globally for the transport of both personal and business use. There are a ton of such companies out there, and they coordinate the transportation of goods using a variety of carriers from one destination to another. Speaking of shipments, they can use road freight, air freight, railway freight, and ocean freight as well.
The entire process of freight forwarding may seem overwhelming, especially if you do not know anything about it in the first place. Fortunately, the following five facts will get you up to speed about freight forwarding.
1. Perfect for Businesses
If you want to transport goods to your consumers without any hassles, then freight forwarding is what you need. Not only that, but your business can benefit from this service in many other ways, as well. Their expertise and knowledge will ensure your goods reach the correct destination, which would have been far more challenging to accomplish if you tried taking care of that on your own. Additionally, you will save a lot of money in the process as well.
2. Shipping Restrictions apply to some Products
Just because it is a great option to transport goods to your customers does not mean you can send just about anything. Freight forwarding companies have strict shipping restrictions to adhere to. They will not transport certain substances and goods, specifically by air or sea.
The list of items prohibited does vary from country to country, but items generally restricted include:
- Drugs
- Sharp objects
- Alcohol
- Toxic and flammable items
- Batteries
- Perishable items
3. Freight Forwarding Companies offer Additional Services
Some companies provide additional services you may not be aware of, so inquire about them beforehand. There is no harm in asking about them and getting a quote. Other services offered could include cargo tracking, cargo insurance, and warehouse storage. They may even provide delicate goods handling. Also, if you do not require any other services, they could come in incredibly handy later on.
4. Freight Forwarding Companies are not Liable for Shipping Delays
It is worth noting that such companies are not liable for shipping delays. Delays could occur due to port delays, bad weather, or any unforeseen circumstances. Of course, delays can be frustrating, but you need to take this into account before committing to a particular time with your customers.
It depends on your freight forwarding company on whether or not they are competent enough to deal with delays as soon as possible, which makes it essential for you to look for the best possible one out there. Even if the freight forwarding company you are looking into is a bit pricey, as long as they get the job done correctly, do not hesitate to opt for their services.
5. Freight Forwarding is perfect for Importing and Exporting Goods
By opting for a freight forwarding company, you can make the process of importing and exporting goods stress-free. They are up-to-date with all the elements in the supply chain and can assist where necessary. They can take care of everything from packing to dealing with customs, giving you the leverage you need to focus on other essential aspects of your business.
The facts, as mentioned above, should give you a better understanding of what to expect from freight forwarding, but there is a lot more to it than meets the eye. Enough emphasis cannot be placed on the fact that you will need to maintain good relationships with freight forwarding companies you deal with regularly. Again, choose the best freight forwarding company out there, and make sure they have a reliable customer service to ensure you are well taken care of.
On the other hand, before you hand over your cargo to the freight forwarding company of your choice, make sure you have taken care of all the necessary paperwork to avoid any problems later on. If you have chosen a good freight forwarding company, they will help you with it. Remember, failing to do so will cause problems with customs, or worse, you may have issues with getting your funds released. Either way, your business will be at the receiving end, so do not take the paperwork required lightly.
Apart from doing your paperwork, you will receive the following documents from the freight forwarding company you are dealing with:
- Export license
- Commercial invoice
- Certificate of origin statement
- Bill of lading contract
- Inspection certificate
These documents are critical if you are shipping overseas, so make sure you have them to avoid any issues with the delivery of goods to your customers.
You may have noticed how this blog emphasizes on the importance of choosing the best freight forwarding company out there, and there are a couple of reasons for that. Firstly, the best companies will have secure networks, which translates to better pricing for the shipping of your goods. Secondly, they will do whatever it takes to ensure you are satisfied with their services so that you keep returning to them to give them your business. Lastly, they will be quick and effective at dealing with issues that arise out of nowhere.
When looking for the right freight forwarding company, look for one that specializes in the cargo you want to transport to your customers. Many companies will accept all kinds of goods, but there are very few that specialize in certain products.
Choosing a freight forwarding company that specializes in the goods you want to transport has its benefits, instance they will have specialists that have the necessary experience to deal with your cargo.
Now that you are aware of freight forwarding, its benefits, and the importance of finding the right company for your business, make the most of this information to take your business to new heights. Just don’t go in blind though, do your research about the company you are dealing with and how they will transport your cargo. The more you know, the better the chances of cutting down on any unnecessary risks.