Business

ekspedisi JNE

The continued increase in volume of international freight movement has facilitated rapid growth in freight forwarding companies, but with this growth has come increased risk for both shippers and consignees.

This increased risk is most noticeable in the lack of presentation of documented terms and conditions required by most forwarders, leaving consignees unaware of additional charges, delays and increased liability. CKB

If your organization frequently engages the services of freight forwarding companies, here are three tips to apply in order to reduce risk and increase the return on your investment.

1.You are the customer. Initiating the services of a freight forwarder does force you to abiding by their terms and conditions unless you let it. Your leverage to negotiate terms is dependent on the size and power of the forwarding company, their willingness to negotiate, and the volume of business at stake. I have found that many smaller forwarders do not clearly divulge terms at the outset, seemingly to allow flexibility in the event of issues such as an increased need for short-term cash (i.e. changing payment terms). Decide upon the terms that are of greatest importance, negotiate standing agreements with existing forwarders, and hold the terms as a baseline for future business with new forwarding agents.

ekspedisi JNE

2.Proof of insurance. Many forwarders offer insurance coverage, but are unable to provide clear evidence of policies that would provide sufficient coverage in the event of a disaster. Worse yet, in order to cut costs many shippers do not place insurance on their goods. During the recent grounding of the ship “Rena” off the coast of New Zealand, nearly 90 containers fell into the sea. It is safe to say that not all of these containers were covered by insurance, and for those that were the pittance provided will pale in comparison to the impact of lost business revenue.

3.More than meets the eye. There are numerous costs associated with forwarding freight; however, not all forwarders divulge these costs, choosing instead to provide an all-encompassing fee. The challenge with this approach is that it does not clearly identify the profit margin applied, nor does it provide reassurance to the consignee that all charges are covered within the agreement. Here are some charges that you should confirm are covered:

i.Handling fees, both at point of origin and delivery.
ii.Security fees, including border security and clearance.
iii.Terminal fees, for goods travelling via air.
iv.Documentation fees, including forwarder and other partners.
v.Customs inspection, are additional fees possible, and to what extent?

Having a clear understanding of the risks associated with using freight forwarders can help to drive increased transparency in relationships while reducing financial exposure.

logistics in Manila

The best truck I’ve ever owned is a 2005 half ton Chevrolet Silverado with a 5300 V8. After discussion with a local mechanic who maintains all of our vehicles, we decided that this was just the truck to meet the needs of our business. The truck was purchased new from a local, small town dealer at a price below what a larger dealership had offered us. Because so many small town dealerships are shutting down that was definitely a big plus of this purchase.

My husband travels from Texas to New Mexico on a regular basis as well as frequent trips to Arkansas, Louisiana and Mississippi. It’s not unusual for him to travel 1,000 plus miles in one week so we knew that this truck would see a lot of mileage with a loaded trailer in tow. Our average gas mileage is about 22 mpg (miles per gallon) without a trailer with an average 19 to 20 mpg with a loaded trailer. It has fantastic towing power and pulls a trailer up and down the highway like it isn’t even behind you.

Besides the mechanical excellence of our 2005 Chevrolet we think this is the best truck we’ve ever owned because of its roominess. It is a four door pickup with a full back seat and lots of room for passengers or luggage. It is comfortable to ride in either front or back seats. We love the dual air control and the fact that we can each ride in a temperature comfortable to our own liking. outbound logistics

logistics in Manila

Other than replacing the stereo system and the expense of tires and regular maintenance we had no repair bills on this truck during the first three years of ownership. In 2008, at 297,000 miles, we were hearing a little tapping noise in the engine. (297,000 miles; who could complain about that?) After three years of working this truck we knew it still had the capability to continue meeting our business needs so we went ahead and replaced the engine. We also had the transmission replaced at that time just to be on the safe side.

To this date our odometer reads 496,013 miles. While the truck has a few dings and rattles a bit going down the highway, it is still hard at work. Neither its towing power nor the gas mileage has changed in all of the time we have owned it. Although it will be retiring from the highway in the near future I have to say this has been the best truck we have ever owned.