Cross border artery: Two freight forwarders' funds have broken and goods have been temporarily detained by overseas warehouses!


Time:

2023-06-13

Two freight forwarders' funds have broken down again, and the goods are temporarily detained in overseas warehouses

Two freight forwarders' funds have broken down again, and the goods are temporarily detained in overseas warehouses
The cross-border e-commerce industry has developed rapidly in recent years, but it is also accompanied by a series of problems and challenges. Many sellers and service providers are facing risks such as running away, bankruptcy, and bankruptcy. Especially in the field of cross-border logistics, there have been cases of multiple freight forwarding companies going bankrupt and running away. These events have caused trouble for sellers and also raised concerns about the reliability of logistics services.
Recently, there have been two instances of investors withdrawing funds from two freight forwarding companies, resulting in debt issues. The goods are trapped in overseas warehouses and require the freight forwarder to pay the redemption payment. This situation brings additional pressure and risk to the seller.

  

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  It is understood that these two companies are still vigorously raising money to handle, but the goods have been stored in overseas warehouses for some time now. I hope to get rid of it as soon as possible. If we don't enter the warehouse again, we will miss this year's PrimeDay promotion! Every time a freight forwarder falls, thousands of goods cannot flow normally. Because each freight forwarder is supported by sellers of various sizes, who work hard to produce orders in batches.

  

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  In fact, when logistics encounters inspections, there will be labor costs involved. If the specified time is exceeded due to inspection, there will be a demurrage fee. The inspection process also involves costs such as container adjustment at the port, which requires moving the container to the designated inspection site, which will incur costs in terms of loading and unloading, vehicles, and the port. In addition, there will also be costs related to unpacking and manual operations of goods.

  Without sufficient profit support, the risk resistance of many companies will naturally weaken, leading to the rupture of the capital chain. Therefore, we need to reject those quotes with unreasonable low prices. It is recommended to choose a logistics company with normal quotes, and it is crucial to choose a freight forwarder who can provide you with honest services. In fact, everyone knows in their hearts that choosing logistics services is not just about pursuing cheap prices. Do not pursue low prices and ultimately result in loss of goods and shipping costs.

  How to choose a freight forwarder?

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  Reputation and reputation: Understand the reputation and reputation of freight forwarding and logistics companies. You can collect opinions and feedback from other sellers through online reviews, word-of-mouth rumors, industry forums, and other means.
Experience and Professional Knowledge: Examining the industry experience and professional knowledge of freight forwarding and logistics companies. They should be familiar with the processes, regulations, and best practices of cross-border logistics, and be able to provide you with accurate advice and guidance.
Logistics network and coverage: Confirm whether the logistics network and coverage of the freight forwarding logistics company meet your business needs. They should have good international partners and overseas warehouse networks to provide global logistics services.
Service Content and Customizability: Understand the specific service content provided by freight forwarding logistics companies and evaluate whether it can meet your personalized needs. They should be able to provide multiple logistics solutions and service options to adapt to different types of products and transportation needs.
Transportation time and cost: Verify the transportation time and cost of the freight forwarding logistics company and compare it with other competitors. They should be able to provide reasonable transportation time and competitive prices to ensure that your product can be delivered to the destination in a timely manner while maintaining reasonable transportation costs.
Tracking and customer support: Freight forwarding logistics companies should provide an effective cargo tracking system, allowing you to keep track of the location and status of goods at any time. In addition, they should also provide good customer support and be able to answer your questions and solve them in a timely manner.
Insurance and Risk Management: Understand the cargo insurance policies and risk management measures of freight forwarding logistics companies. They should be able to provide appropriate insurance options to protect your goods from accidental damage.
Contract and Terms: Carefully read and understand the contract and terms of the freight forwarding logistics company. Ensure that you have a clear understanding of fees, responsibility sharing, breach of contract clauses, and have sufficient communication and negotiation with company representatives.


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