Top 10 Reasons to Control Your Freight and NOT ship Ex-Works
1. Shipping EXW doesn’t mean that your job is done when your customer’s forwarder picks up the freight Controlling your freight gives you a great customer service tool – the ability to track and trace your shipments – from your dock to the shipment’s final destination.
2. When you control your freight, your forwarder is working with YOUR interest in mind. This is especially important if you have a Letter of Credit or if your shipment encounters problems.
3. You control where your freight is going – Destination Control – one of the fundamental requirements of Customs compliance.
4. Routing your freight ensures your forwarder is working for you when it comes to compliance. You can expect assistance with important issues, some of which include anti-boycott, denied parties screening and export licensing.
5. You can control your shipping costs by marking up your freight to account for fluctuations in the cost of global shipping. If the actual costs are lower than what you quote your customer, this can be additional revenue for your company.
6. You control documentation, starting with your Shipper’s Letter of Instruction all the way to receiving Bills of Lading and EEI confirmation numbers.
7. Relationships matter! By choosing a forwarding partner you won’t end up with a database full of forwarders.
8. Through YOUR forwarder, you control the accuracy and timely transmission of AES filings. Why is this important? You as the Exporter of Record are 100% responsible for transmissions. You receive the penalty for late filings.
9. You know your shipment is insured if you have requested it.
10. Your forwarder works to accommodate YOUR production schedule.
From Goal Newsletter: http://goalnewsletter.goalportal.net/2013/02Feb/eNews02-13p.htm
photo credit: Håkan Dahlström via photopin cc
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