3 Things Every Business Owner Needs to Know About Freight Forwarding
If your organization imports or exports goods, you’re going to be reliant on logistics firms, freight forwarders and delivery companies. When you need raw materials to be dispatched from overseas, for example, your entire operation could be brought to a standstill if there are any delays. Similarly, if you’re shipping a high volume of goods to a client, your professional reputation could be damaged if there are any issues en route.
With this in mind, it’s important for business owners to learn as much as possible about the logistics industry. By doing so, you can ensure you’re using the best solutions for your firm. To find out more now, take a look at these three things every business owner needs to know about freight forwarding:
1. Speed Isn’t Always Paramount
There are times when a shipment needs to get from A to B in the shortest timeframe possible, in which case air travel is usually the most appropriate method of transportation. However, if goods aren’t required urgently, don’t waste your resources on super-fast freight forwarding.
As you might imagine, shipping goods via air can be significantly more expensive than sending them via sea. In a time when we’re used to same-day and next-day deliveries, arranging an international shipment that can take one or two weeks to arrive can seem counterproductive. However, the financial savings can make this a savvy business decision.
2. Customs Clearance is Critical to Success
When you’re moving goods from one international location to another, you’ll need to pay close attention to the laws, rules and regulations or each jurisdiction. Failure to do so can result in goods being refused upon arrival, which means you’ll need to fund return shipping to get them back to base. Alternatively, if the correct documentation isn’t supplied, goods can be seized and/or destroyed by customs officials.
Dealing with customs requirements can be challenging for any business, which is why many companies choose to work with a logistics provider that can handle this element of their freight for them. To learn more, take a look at this article from logistics expert, HLOGCAM, Customs Clearance: Everything You Need to Know.
3. Consolidating Freight Saves Time
Many business owners are aware that consolidating freight can significantly reduce transportation costs, but they don’t always realize that it can save time too. If a truck, ship or plane is due to depart imminently and space is still available, for example, you can sometimes ‘jump the queue’ if you’re happy to move your freight along with other goods and shipments. Of course, the reduced cost of consolidated freight is a major incentive for businesses, but the potential time savings should be a factor too.
Getting the Specialist Advice You Need
The freight forwarding industry can be complex, so don’t simply use the first service you stumble across. Instead, talk to industry experts and get the bespoke advice you need. This gives you the opportunity to find out exactly what services are available and how you can reduce shipping costs. As a result, you’ll be able to optimize your logistics network, increase efficiency and minimize your expenditure.
Photo by Tyler Casey on Unsplash
