Reduce Risks with a Freight Forwarder
While dealing with Freight Forwarder in a multifaceted business and a multitude of moving parts, international shipping ultimately becomes an essential part of the entire operation. If it doesn’t, then you are probably missing out on some very exciting & beneficial opportunities.
International shipping is quite daunting and requires knowledge. There are certain complex rules, paperwork, and a whole set of other factors which might dampen the functioning of your business from becoming a fruitful venture. Fortunately, by using the help of freight forwarders, you can avail the benefits of international shipping without any worries of complex logistics. Here, we explain to you the need for a freight forwarding agent and how you can mitigate the risks associated with them.
Why do you need a Freight Forwarder?
While conducting your business, you are already doing so much on your own. International shipping comes with a challenge that needs the attention of a singular, undistracted person because it puts up lots of burdens on a person. Proven that freight forwarders possess great knowledge about regulations, documentation, transportation expenses, etc., it’s easy to rely upon them for making the exporting process smoother and simpler.
Many freight forwarding agents in India have strong networks of carriers across the world as trucking companies, air freight, sea freight, rail freighters, etc. With this, they can provide cost-effective and affordable shippers to multiple clients. Moreover, goods are transported economically through cheaper & safer routes because freight forwarders in India use their expert knowledge to process the shipment considering cost, speed and reliability.
Most people are aware of the role of a freight forwarding agent acting as an intermediary between shipper and carrier (delivery method agent). A good freight forwarder will use a comprehensive approach and provide you with the following services:
- Warehousing
- Negotiation of freight costs
- Insuring cargo
- Tracking inland transportation
- Handling shipping and export documents
- Consolidating freight
Mitigate Shipping Risks with Freight Forwarders
While shipping products globally, there are plenty of risks that come along for your company and can cause acute headaches & damage to your business is handled by yourself. However, by appointing a freight forwarder you can reduce the damage to a great extent and can also avoid some of the following mistakes.
Customs Risk
When transporting goods internationally, it means that you will be dealing with dynamic and multiple customs legislations. Non-compliance with any of these regulations will result in penalties and delays of shipment. Moreover, the probability of the goods getting confiscated also increases if you are not procuring the services of a good freight agent.
The reliability of freight forwarding agents often provides you guidance with customs laws throughout the world and help in paperwork, customs duties, taxes, etc. They possess knowledge of Harmonized Tariff Schedule which is ideal for e-commerce companies. It ensures that the businesses adhere to the customs duties during international shipment.
Risk of Loss
Once you leave your goods for shipment in international markets, they are at risk of either being lost or damaged during the transit. It is simply because of the multiple loading & unloading ports or terminals involved. A freight forwarder ensures that the goods are handled with care and they undertake full responsibility for the delivery of the goods by insuring them for any losses.
Financial Loss
Whenever your business is selling or buying goods, there will be the presence of financial loss or risks. International shipping escalates such risks. Therefore, a forwarding agent will provide you with the safe and cost-efficient shipment of goods to their final destination. They know how to navigate their way from losses like accidents, natural disasters, wards, etc., which can create a hurdle for your shipment.
Conclusion
If you see your business booming and thriving while shipping goods internationally, you will want to be sure that it is done right. Shipping internationally does not only involve signing a few papers; rather one needs to be careful about the transportation of the goods in a cost and time-efficient manner while reducing the risks on your business. With a great freight forwarding agent at Jay Kay Logistics, you can get your shipments done at the right time, place, cost, and with great peace of mind. Contact us today for more information!
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