(Handy Shipping Guide)
Gold Vanishes in Air Cargo Heist Whilst Technology Aids Enforcement
With another massive air cargo crime this week comes good news for road haulage freight truck operators as Heavy Vehicle Electronic License Plate Inc (Help), a not-for-profit public-private partnership dedicated to advancing the safety and efficiency of the transportation industry, has announced that it is to bolster its support of stolen cargo recovery efforts by delivering CargoNet theft alerts through the Automated Vehicle Identification (AVI) system, PrePass.
Firstly the story of a scheduled American Airlines flight from Guayaquil, Equador into Miami, Florida. The plane was disembarked in the early hours on Tuesday and five cargo handlers unloaded the freight carried aboard. Amongst the items was a single box containing $625,000 worth of gold. Closed circuit TV has the freight moved to the far side of the aircraft and shortly after shows a cargo tug passing the area, stopping and proceeding out of shot. The tug was found later several gates away and sworn statements from the staff on the tarmac state none know who was driving and, with the gold still missing, the FBI is appealing for information. Read more here1.
Ever wondered about doing an import export business in the UK? Running an import export business can be a challenging prospect, but with the proper import and export licenses1, one can easily move any product around the world. In the modern world, moving products from one country to another is a highly regulated practice, and the proper export documentation2 must be acquired for each item. Depending on the nature of the product, different licenses will be required upon entry into the terminal country.
Sometimes coordinating shipments can be very difficult for those running an import export business. Freight forwarders3 are companies that handle the movement of shipments, or act as shipment intermediaries, and can be invaluable for any import export business. Freight forwarders may also assist import export businesses with their paper work, invoicing, or shipment declarations. Proper paperwork is a must to avoid fines, fees, or excess import duties4. Of course, the owner of any import export business will be required to pay some import duties, and knowing when and how much to pay is integral to the success of and product movement operation.
In the UK some goods are considered controlled materials and require specific licenses for import or export. Import export businesses regularly apply for these licenses, which can be had quickly and easily if one knows the processes. Some controlled items, such as firearms, medication, and alcohol are regulated specially, and cannot be moved except with very specific export documentation. Other goods, such as foodstuffs and clothing, can be moved more simply, but require some quality testing upon importation.
Temporary licenses are available for those import export businesses looking to move items seasonally or in special circumstances; for example, taking sample items, scientific materials, historical objects, or artwork to an exhibition. Knowing the laws in the UK and around the world is the first step in owning a successful import export business.
As businesses globalize worldwide, import-export services are becoming intensive. Form transportation of raw materials to finished goods, premium logistics services are required. To cater to varied demands of diverse businesses, numerous companies provide reliable supply chains to varied sectors.
In India, there are also many logistics services provider in Mumbai who have a reputation for providing safe and cost-effective conveyance for the transportation of goods anywhere in the country. These kinds of services are made depending upon the varied business and personal needs of the clients. These companies provide leak proof robust containers of all size for carrying and distributing sensitive or perishable or delicate or aggressive fluids to the desired locations. The entire tanks range provided by them are ISO certified.
Besides these, there is an option for the best fleet of cars to accommodate and transport all kinds of goods to the right addresses. This premium service is offered to the clients at the industry leading prices. These cars are safe to transport all goods as they keep a check on their routes with the help of their advanced network branches spread all over the country. Hence there is no chance of any wrong doing while using these services.
The option for freight forwarding companies in mumbai is also worth using. They provide international freight management services to clients as per their varied requirements. These companies have designed door to door solutions for freight forwarding using the best and economical routes. All these are done to offer more quality export and import services via sea and air routes. These kinds of services have been very useful in handling custom clearance of the clients. Highly competitive tariff structure is designed for ocean freight services to covers all delivery requirements of the clients from varied market sectors.
These services involve analysis of various goods or tasks assigned for transportation. This assists to find the most economical and safe routes for the delivery of task. Best vehicles fleet is offered within the nation to cover all coastal regions. For this they have associated with the world’s most experienced agents to offer quality logistics solutions for all international freight forwarding.
The negotiated rates these companies are the best and help clients in the custom clearance and documentation process. Moreover, they analyze to compare different shipping lines for freight forwarding. Various air freight management solutions provided by the companies help in shipping all cargo to major international airports. The expert customs clearance procedures offered to clients for clearing their cargo in India, both export and import are just fabulous. They use the unmatched expertise of various freight forwarders to assist clients in clearing their cargo any where across the globe. So use these cost effective logistics and international freight management services to have exceptional freight forwarding services experiences.
The author of this article is an experienced writer. He has written many informative articles on various topics. In this article you can find valuable information about logistics services providers in mumbai1.
Need to ship a container from India to the US1? Service Shipping Inc. is one of the largest freight forwarders handling thousands of containers imported from India into the US each year. Due to the large volume of containers Service Shipping handles, they are able to offer below market shipping rates that no other company can beat. Whether it s a 20 or 40 foot container, Service Shipping has an Indian Break Bulk Division that handles all containers coming from India being shipped to the United States. Delivery door to door at any port within the US can also include a customs clearance and trucking arrangements. Working with one company throughout the entire import process makes it easier and more cost effective for the importer. Companies that import containers each month from India will benefit from below market shipping rates that Service Shipping has to offer. Additional customs brokerage services2 can be provided at the request of the importer that include:
- Customs Clearances All Ports Within the U.S.
- Door to Door Delivery
- Port to Door Delivery
- Port to Port Delivery
- 20ft Containers
- 40ft Containers
Our Indian Break Bulk Division specializes in the shipment of all types of goods shipped internationally from India to the U.S making sure freight meets government standards for a fast and easy delivery. Streamline the process of importing freight by using an experienced Customs Broker and Freight Forwarder3 that specializes in international cargo involving India. To help increase economic growth, the Indian government has invested money in growing its transportation infrastructure. This has helped reduce transportation costs of cargo being exported from India which leads to larger profit margins for distributors and retailers worldwide who are receiving the goods. The goal of this project is to make transportation easier, more cost effective and faster by opening up new roads and railways. The long term investment made by the Indian government will increase shipping productivity and the amount of exports coming from India. Considering India s rail system is the fourth most used rail system in the world transporting 350 million tons of freight per year, it is continuing to grow and become more efficient. The Konkan Railway Corporation built the roll on roll off service that commingles roads and railways to work together between Verna in Goa and Kolad in Maharashtra
It s essential that you acquire the best freight forwarders Singapore should you be in the import-export business or if you want to ship products frequently. It does not matter whether or not your organization runs from Singapore or Singapore is just one of your moving destinations the support of an exceptional sea cargo service1 will be vital to you. Using the services of a freight forwarder will guarantee that your products will arrive to their final destination in one piece with virtually no damage befalling them. In addition, it will help you to deal with the tremendous annoyance that normally goes along with taking on cargo logistics.
You must not take the appointing of this sending business lightly, though. The freight forwarders Singapore that you ought to employ has to be those benefiting from superb track record. This implies the moving corporation has a good track record for transporting goods to their respective destinations. You can be assured that the business will not break its deal with you by losing your products while they re being moved or asking for more money than what you need to pay them.
There is an additional edge you can receive by means of working with Singaporean forwarders with exceptional track record. Combined with the forwarder s expertise, you ll also get to capitalize on the strong circle the forwarder has amassed in the ports where it is conducting its business. If the forwarding organization does business in London, for instance, then they would ve a group of clients in London they have a great working rapport with. If they operate in Sydney, then they will have a range of persons in Sydney as well. What this signifies is that at whichever location of their venture, there s somebody to properly take care of your shipping and delivery.
Once you ve determined all the trustworthy freight forwarders Singapore you want to do business with, you must then take a detailed glance at their operations. The shipping business you opt to deal with should be a company that can assist your sending needs. If you need to deliver large volumes of products frequently, then you ll need a forwarder who can deliver products by the ton. If your goods is composed of delicate stuff or merchandise with expiry dates, then you should pick a forwarder that has the practical experience to deal with such items.
Additionally, you should check out the variety of features your chosen freight forwarder can provide concerning shipping your goods. Can they move by land, by air or by sea? When you ve got a lot more options for shipping your merchandise, you receive a wider berth for figuring out how to deliver them. It could also be a good idea to engage a freight forwarder that already has its private customs broker office. This might be good for you mainly because it won t be needed for you to acquire an individual dealer to acquire your items past customs, and it can be less complicated for you to acquire them through customs to boot.
Last but not least, you have to look into insurance policy matters when employing freight forwarders Singapore. You can never discern precisely what would materialize to your goods while it is in transit. They can be ruined. They may be swiped out. And sea paths can still be endangered by buccaneers. If your goods are appropriately covered by insurance, then you may have the ability to recover a portion of your expenditures if your goods get destroyed or robbed as in transit.
It s mandatory that you seek the services of an established shipping corporation if your industry is significantly engaged in exporting goods or shipping them from site to site. By doing business with a freight forwarder, you assure that your shipment gets to where it must be without having problems for you. Only with the most effective freight forwarders Singapore will you have the means to have peace of mind anytime you ll want to move your goods.
China Shipping Group is forecasting higher volumes of freight this year, but is not certain whether it can deliver higher profits. They foresee more uncertainty over freight rates, and think that revenue may fluctuate accordingly. The carrier is adjusting its own shipping capacity downwards, and is taking steps to reduce costs.
Of the three terms contained within the F group two are intended for use only when the goods are carried by sea (but not containerised freight) or inland waterway transport, the other one FCA(Free Carrier named place) is intended for use by any mode of transport. This differentiation between terms intended for one mode of transport rather than another leads to difficulties when parties confuse matters by using a sea freight term with an instruction to use air freight or deliver to an air freight forwarder at an airport or airport cargo centre. If the shipper air freights a consignment of goods which have been ordered as Free on Board UK airport then risk which should pass to the buyer when the goods cross the ships rail remains with the seller as there is no ships rail point for the passage of risk from one party to the other. Key points and responsibilities under F group terms. 1 Main carriage (or transportation) is the responsibility of the buyer who must nominate the carrier and be responsible for paying the freight costs from the named point in the country of departure to destination. By mutual agreement the seller can arrange the carrier and transportation but it will be at the buyers cost. Real life example : In the early stages of supplier/customer relationship it should be made clear who is nominating the carrier and equally important identifying the place where the supplier meets his requirement for delivery under the contract of supply. All 11 Incoterms rules must be qualified by stating a specific place. In this example the supplier in northern England merely quoted his Japanese customer FCA UK . This led to confusion as to whether the goods should have been delivered at the suppliers cost to a freight terminal or whether the buyer of the goods was required to collect from the sellers premises. Either of these options is valid under the FCA term but must be agreed at the outset. Vagueness should be avoided in order to prevent argument. 2 Risk (of loss or damage ) transfers from the seller to the buyer when the goods have been delivered to the carrier at the named point. In the 2010 set of Incoterms rules published by the International Chamber of Commerce (ICC) the rules relating to loading were made more logical, ie under Ex Works the seller has no responsibility for loading whereas under FCA (Sellers premises) the seller does have to load. Real life example: Yorkshire exporter, failing to understand the loading obligation aspect of the FCA term, damaged the goods when unloading them at the nominated point which was a freight forwarders warehouse: by taking on a responsibility which was not incumbent under the term they found themselves liable for the damage incurred. 3 Cost responsibilities pass when the seller has delivered the goods to the carrier at the named place. Essential differences between the three F terms The broad characteristics of each of the 4 groups contained within the new 2010 set of Incoterms rules apply to the terms contained within it, eg under F group terms as described above the main carriage will be paid by the buyer, risk will pass to the buyer at the named point as will costs. This consistency within the group is vital to an understanding of how the Incoterms rules system is meant to work. It is, nevertheless, important to see the differences between the terms, with this in mind we will take a brief look at the 3 F terms to highlight their essential differences. First of all note that the FAS and FOB terms are intended to be used only for conventional sea freight whereas FCA can be used for any mode of transport Main points are that this is a multimodal term used for any mode of transport, main freight is paid by the buyer and cost and risk pass at the named point. Export documentation suitable for clearing the goods for export is the responsibility of the seller. It is important that the buyer gives clear instructions to the seller as to the point of delivery and that both parties agree the separation of any costs that may arise other than those considered normal in such transactions. Real-life example: The UK seller of goods consigned via air freight FCA (Forwarder s premises) to an Australian destination. The seller claimed that as they delivered to the forwarders warehouse with the appropriate documentation for customs clearance he should not be charged a handling fee by the forwarder. A further question arose with regard to other potential fees for storage and aviation security charges. The dispute was resolved when after considering the wording of Incoterms rules it was felt that handling related to customs clearance and should be paid by the seller. Storage in the event of delays in consigning the goods should be to the buyers account as the forwarder is acting for the buyer. Aviation security is arguably a national restriction which should be to the sellers account. Free alongside ship named port of shipment Main points are that this term must only be used for conventional sea freight or inland waterway modes of transport, main freight is paid by the buyer, cost and risk pass to the buyer when the goods are delivered to the named point. Real- life example: Seller of the goods delivers to the named port on a Tuesday despite the vessel not loading until the Thursday. On the Wednesday the goods are destroyed in a fire. Who had responsibility for the risk? The simple fact of the matter was that the seller had not placed the goods alongside the ship as the term dictates, the ship was not there, in the absence of any other considerations such as port practice it had to be that the seller was at risk as delivery had not been achieved in line with the term. The buyer is responsible for giving proper instructions to the seller in respect of delivering the goods to the named point, if the seller is not clearly instructed clarification is required. Free on Board named port of loading Main points are the same as FAS except that delivery takes place and cost and risk pass when the goods cross the ships rail at loading at the port of shipment. FAS and FOB are clearly intended for conventional sea freight (or inland waterway) modes of transport. Finally the ICC have decided to get rid of the rather dated concept of the ship s rail point of delivery as the named legal delivery point and where risk passes to the buyer. These points (after 74 years) are now, under the Incoterms 2010 rules when the goods are loaded. A very high proportion of world freight tonnages is containerised and not handled by conventional sea freight techniques so other alternatives to the ships rail delivery point are available. Real-life example: Lancashire seller of textile goods delivered to the port nominated by his USA client but found that the vessel nominated by the buyer was late arriving in port. The seller incurred considerable cost for storage and demurrage charges, the buyer refused to accept these charges and arbitration was called for. It was held that the buyer had failed in his obligation to inform the seller as to the time and place that the vessel was available for loading. The buyer was obliged to pay the additional charges. Those involved in the sale and purchase of goods internationally benefit enormously from having the comfort and protection of Incoterms rules, however there is still the need to take account of methods of transport, port practices and the possible advantage for the particular transaction of one Incoterms rule over another in terms of security under the contract and ability to meet the obligations of the individual term.
Establishing your own organization is surely an exciting opportunity. However once you enter the arena of overseas trade, you are going to end up being facing a lot of issues which could be confusing to some newer import export supervisor.
A lot of beneficial deals and opportunities have been lost since the import export manager didn t have the level of sensitivity to realize lifestyle, customs and organization practices with the countries they were working with. Many of the explanations why a lot of businesses don t succeed within the 1st three years vary from, deficiency of organization, not enough experience in pricing products and services, absence of a detailed organization plan, inappropriate employing tactics, along with failing to match competition.
Once you run and also manage your own global organization, you re in charge of everything. You are going to want to assume control of one s actions, your research, your data, and your judgements.
The field of exporting and importing is a genuine buying and selling game, a single that calls for excellent arbitration expertise, a nose for obtaining the next hot item inside your distinct category, and keen salesmanship. The thought is always to expect a future need and fulfill it. The rule could be the same from India to Silicon Valley: achievement in company operates on the principle of discovering a vacuum and filling it.
Experts agree that to succeed within the wholesale company, an import export manager ought to possess a varied background. Aside from sales abilities, practical, efficient cultural sensitivity abilities are essential for establishing essential relationships, and to handle the activities that go on behind the scenes. For example, warehouse set-up and organization, shipping and receiving, customer service etc. Of course, these individuals and agencies play essential roles within the industry that you should know before you get started.
One from the most important abilities for the import export manager is to know when to outsource a specific task to external experts. The import export company has numerous experts who can help make your management job a lot simpler. Probably the most essential are the customs brokers and the freight forwarders.
Customs brokers are outstanding sources to go to when processing essential documents. They have the knowledge essential to make sure your documentation is accurate and that it has been sent through the appropriate channels to ensure the proper processing of your merchandise, thereby avoiding costly fees and penalties.
Another essential service provider in the industry will be the freight forwarder. Freight forwarders work out the logistics of shipping your goods, making sure your cargo reaches the destinations safely, on time, and within the most cost-effective manner.
These essential individuals will work together to assist you with various countries rules, regulations and documentation. Using them will assist to make your import export supervisor role a lot simpler and a lot much more profitable.
By KRIS STONE
Import prices dropped by 0.5 percent in March, which was the first decrease since December 2012. Imported fuel prices fell by 1.9 percent last month. Fuel prices have decreased by 10.4 percent in the past 12 months2, according to Bloomberg. The falling prices could signify stabilizing inflation, which will allow the economy to remain on its current track to recovery3, according to Fox Business.
Cost reductions for industrial supplies and materials, consumer goods, cars and capital goods contributed to the March decrease in prices. The value of imported automobiles dropped by 0.3 percent, which was the largest decrease since December 2011, reported Bloomberg. Costs of imports from China fell by 0.2 percent, which was the largest year-to-year drop since February 2010.
Export prices also experienced a decrease, falling 0.4 percent after gains in January and February. This decline was all driven by decreasing fuel costs, the report demonstrated. Agricultural exports also fell 1.8 percent in March after experiencing a 2.1 percent gain in February. The report stated fruit and wheat prices both decreased significantly in March, which were the biggest contributing factors. However, export prices have risen by 8.8 percent in the past year.
Global markets are still weak, so demand for commodities is limited, which keeps inflation down, Bloomberg suggests. U.S. companies can’t raise prices with low demand.
According to Fox Business, the falling import and export prices could indicate a strengthening in the inflation adjusted trade-weighted dollar index, which could be a positive sign that the economy is still on track to recover. Another Labor Department report revealed that the elevated number of jobless claims dropped by 42,000 according to Bloomberg.
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Company Mitsui O.S.K. Lines (MOL)
Experience 0-2 Years
Mitsui O.S.K. Lines (MOL)
Job Role: Trainee
Graduate from recognized university with minimum
MUST be open to working in shifts including Night Shifts.
Strong Keyboard Skills (i.e., Typing speed of at least 25 w.p.m. with more than 90% accuracy).
Desirable Amount of Work Experience:-
0 1 yrs of experience in Shipping / Freight Forwarding / Export Related industry.
Other Required Competencies: -
Good Communication / Comprehension Skills (including spoken and written English).
Strong Analytical Aptitude.
Proficient in MS Word and MS Excel.
Import: Data Quality Check on Import Manifest / Arrival Notice, etc.
Export: Inputting the shipment details from Shipping Instructions for creating B/L.
Refer the various SOP / Reference Guides available in the dept.
In case of doubt, to check with his/her senior and get it clarified.
Update the excel database / DMS with his productivity.
Walk-in for Freshers on 13th April 2013 at 10am Import / Export Documentation