GOVERNOR of Bali Wayan Koster officially released the first flight of Garuda Indonesia, a special cargo route for Denpasar – Hong Kong cargo at I Gusti Ngurah Rai International Airport, Denpasar, Saturday (7/11) morning. This first flight carried 30 tons of cargo consisting of fishery commodities and other agricultural products from Bali.
This number one person in Bali appreciates and welcomes Bali’s local commodity exports amidst the tourism industry conditions that have not returned to normal due to the Covid-19 pandemic. “With the shorter travel time, the greater the opportunity for local commodities, especially fishery and local Balinese agricultural products to be absorbed in the export market,” said Wayan Koster, who is also a former member of the DPR RI for three terms.
Choosing an international freight forwarder is crucial to the ultimate success of any business that has to import or export cargo on a regular basis. The last thing any business needs is for shipments to be late, get lost or arrive in poor condition. The only way to ensure that your shipping needs are met is by hiring a competent freight shipping company best suited to your needs. Whether your firm is just starting up, branching out into a new sector or simply looking for new freight forwarders with whom to do business, there are some very important questions that need to be answered before you can tell if you are a good match.
By definition a freight forwarding supplier is a third party provider who takes care of all of the logistics involved in the shipment of goods from one place to the other. Your freight services provider will take charge of arranging for all of the carriers and transportation needed to get your goods to their ultimate destination. Typically, you would not use freight forwarding for a local or domestic removal as the logistics involved with such shipments are not as complicated as those involved with international freight – the same cannot be said for sending cargo overseas. When it comes to sending cargo overseas, it is best to rely on the expertise of a professional freight forwarder.
An air waybill (AWB) or air consignment note is a receipt issued by an international airline for goods and an evidence of the contract of carriage, but it is not a document of title to the goods. Hence, the air waybill is non-negotiable.
The air waybill is the most important document issued by a carrier either directly or through its authorised agent. It is a non-negotiable transport document. It covers transport of cargo from airport to airport. By accepting a shipment an IATA cargo agent is acting on behalf of the carrier whose air waybill is issued. Continue reading “Air Waybill (AWB), a definition”
A freight forwarder, forwarder, or forwarding agent, also known as a non-vessel operating common carrier (NVOCC), is a person or company that organizes shipments for individuals or corporations to get goods from the manufacturer or producer to a market, customer or final point of distribution. Forwarders contract with a carrier to move the goods. A forwarder does not move the goods but acts as an expert in the logistics network. A forwarder contracts with carriers to move cargo ranging from raw agricultural products to manufactured goods. Freight can be booked on a variety of shipping providers, including ships, airplanes, trucks, and railroads. It is not unusual for a single shipment to move on multiple carrier types. International freight forwarders typically handle international shipments. International freight forwarders have additional expertise in preparing and processing customs and other documentation and performing activities pertaining to international shipments. Continue reading “Freight Forwarder, a definition”
Freight forwarding is one of the leading means of global transportation for commercial and individual customers. Freight forwarders such as Bali Intercont Cargo arrange the delivery of inventory from one location to the next utilizing a variety of different couriers, including air freight, ocean freight, as well as domestic transportation such as road freight (trucks and other large transport vehicles) and even rail lines.
With increases in fuel prices and a slowing economy worldwide, the international freight industry faces new challenges.
So what are the trends we are seeing in the international freight market and how will they affect the customer?
The global freight forwarding market stood at 116.8 billion Euros in 2007, growing by just under 11%.
This was the lowest level of growth seen by the international freight market for four years. The slowdown was caused mainly by the impact of the weak economy in the US on the freight market but, with the European economy now also showing signs of trouble, growth in freight is expected to slow still further this year and next. Continue reading “Freight Forwarders Face New Challenges”
As the Internet opens up global markets, more and more people are considering starting an import or export business and are looking into selecting a freight company for the first time.
This can be baffling as the world of international freight is highly complex and the newcomer needs to be aware of some of the pitfalls associated with freight forwarding.
The main role of all freight services companies is, of course, to help importers and exporters transport their goods. But with varying requirements in each country and with many different transport options and routes to choose from, it is vital that you choose the right freight company to suit the specific needs of your business. Continue reading “International Freight – Eight Strategies For Success”
Selecting the right air freight forwarder is of utmost importance as the freight forwarding agent one uses can determine the success or failure of an export/import business. Choosing an air freight forwarder is a task that requires a lot of research and any decision concerning freight forwarding must be considered carefully. It has become doubly important to pick an affordable, yet efficient air freight forwarder in these trying economic times.
A good way to start is to make a list of possible candidates. This list must be populated with air forwarders that meet all the requirements of your particular line of business. Your air freight forwarder must have a reputation for being efficient and cost effective. They must also be knowledgeable about the products your company deals with. Continue reading “A Guide to Choosing Air Freight Forwarders”
You are currently using a freight forwarder for your goods that you are importing and exporting. However, you find that you are struggling with these forwarders more and more.
Is it possible to change to a different freight forwarder? Will it be safe to start using a forwarder that you don’t know, or should you stay with an existing forwarder where you don’t get the right service anymore? After reading this, you will have a better understanding of changing to a different freight forwarder or staying with your existing one.