Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight forwarding companies face the risk of bad debts. This article provides ten risk control strategies to help businesses avoid risks and ensure stable operations. These strategies include: customer background checks, payment method selection, contract signing, cautious handling of special goods, vigilance against abnormal situations, compliant handling of dangerous goods, credit limit control, evidence preservation, and timely loss mitigation. By implementing these measures, freight forwarders can proactively manage potential financial losses and maintain a healthy business.

Guide to US Inland Point Intermodal Shipping for Freight Forwarders

Guide to US Inland Point Intermodal Shipping for Freight Forwarders

This article provides an in-depth analysis of US ocean freight IPI (Inland Point Intermodal), explaining its definition, characteristics, differences from other modes of transport, operational practices, and future development trends. It aims to help freight forwarding companies better understand IPI, optimize US shipping solutions, mitigate risks, and enhance competitiveness. The paper explores the nuances of IPI, highlighting its role in efficient and cost-effective inland transportation from US ports, crucial for businesses engaged in international trade.

Global Ocean Freight Rates Surge Amid Postpandemic Supply Chain Strains

Global Ocean Freight Rates Surge Amid Postpandemic Supply Chain Strains

Global ocean freight rates are soaring, compounded by port congestion and geopolitical risks, pushing supply chains into uncertainty. This paper analyzes the reasons for the surge in freight rates, including rebounding consumer demand, limited supply capacity, the Red Sea crisis, and labor negotiation risks. It suggests companies adopt strategies such as diversifying transportation, planning ahead, optimizing inventory, establishing strategic partnerships, leveraging technology, and nearshoring to cope with the challenges. The analysis incorporates case studies to help companies navigate the market and maintain stability.

Dangerous Goods Sea Freight Export: How to Handle Customs Inspections

Dangerous Goods Sea Freight Export: How to Handle Customs Inspections

During the export of dangerous goods by sea, customs inspections are a common occurrence. Inspections include machine checks and manual verifications, focusing primarily on the goods' inspection certificates, labels, and packaging information. If any discrepancies are found, the goods may be detained, requiring a situation report for resolution. To ensure smooth export operations, it is essential to follow the established procedures.

The Key Role and Development Trends of International Freight Forwarding

The Key Role and Development Trends of International Freight Forwarding

International freight forwarding, as an economic activity, is entrusted by clients to provide transportation and related services for import and export goods. It encompasses various transportation modes to adapt to global trade development. Due to changes in the market economy, individuals and businesses increasingly rely on freight forwarders for professional handling of specific matters to facilitate trade.

Oversized Freight: Unique Challenges and Considerations in the Logistics Industry

Oversized Freight: Unique Challenges and Considerations in the Logistics Industry

Heavy cargo transport in logistics involves oversized, overweight, or extra-long equipment that requires special planning and handling. Shippers must assess the equipment and obtain necessary permits and approvals to ensure successful transport. Developing the best transportation plan and adhering to laws and regulations are crucial for ensuring the safe arrival of the equipment.

Freight Forwarding Logistics Resource Guide: Begin Your International Trade Journey

Freight Forwarding Logistics Resource Guide: Begin Your International Trade Journey

This article aims to explore commonly used website navigation in the freight forwarding industry, assisting professionals in efficiently obtaining information and resources to promote business development. By introducing websites related to major site searches, import tariff inquiries, government agencies, finance, and practical tools, readers can enhance their competitiveness in international trade.