Category: Supply Chain, Customs, Import, Freight Forwarding, Customs Broker, Third-Party Logistics
There are different types of logistics providers in freight shipping and it can be quite confusing. In this guide, we will take a look at various logistics providers and explain what they do. What is a Logistics Provider? Large shipping companies, like Maersk, work with large importers (like Target) or importers shipping multiple times a month. These shippers have large volumes and in-house logistics expertise. Smaller importers may not have the volumes or logistics expertise. This is where your logistics providers are your biggest assets. Your time and resources are better spent procuring, marketing, and building your brand. Let your service providers deal with calling ports to get trucking appointment times or tracking your shipments to the warehouse.
Logistics Providers Explained
January 15, 2021 Posted by Tanya Krieger
90 PERCENT OF THE WORLD’S GOODS ARE TRANSPORTED BY OCEAN VESSEL
- Secure additional transport based on incoterms
- Consolidate goods for transport
- Break down consolidated shipments for distribution
- Communicate between carrier and shipper
- Negotiate rates
- Ensure proper packaging according to shipping regulations
- Ensure correct labeling for international shipping
- Prepare and collect necessary documents including: Bill of Lading, Commercial Invoice, Certificate of Origin, Inspection Certificate, and more.
What is an HS Code? HS Codes are a universal standard of six digits used to classify and define internationally traded goods. HS Codes also determine the tariff/duty of a traded product, as well as, help keep records of international trade statistics that are used in nearly 200 countries.