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How freight forwarders are different from the NVOCCs?

How freight forwarders are different from the NVOCCs?

One of the main differences between a NVOCC and Freight Forwarder is that a customer (whether exporter or importer) “appoints” a freight forwarder to “act as their agent” whereas they “employ the services” of a NVOCC as one of their “service providers (not as agent)” in this case, as a carrier, same as they would a …

What are Nvocc companies?

Welcome to Worldwide NVOCC Network

  • AOR Logistics Pvt. Ltd.
  • Uni Power Logistics Co Ltd.
  • Initiators Shipping & Logistics.
  • Allcargo Logistics Ltd.
  • Goodrich Maritime Pvt Ltd.
  • Cargoking Shipping & Logistics.
  • Liladhar Pasoo Group.
  • Worldgate Express Lines International Pvt.

What is a freight forwarding company?

A freight forwarder is a firm specializing in the arrangement of cargo on behalf of shippers. In most cases, freight forwarders provide a variety of supply chain services, including: Ocean or air freight transportation. Inland transportation from origin and/or to destination.

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What is the difference between a freight forwarder and a logistics company?

“A freight forwarder company represents and manages the imports and exports of a person or business. While a logistics expert can offer to deliver the shipments themselves, it is not common.”

What is called NVOCC?

: NVOCC stands for Non Vessel Owning Common Carrier. NVOCC operation comprises of sales, stuffing and transport of the containers to gateway ports. The bill of lading issue and overseas distribution is taken care by the agents of NVOCC.

Is freight forwarding considered logistics?

The principles of freight forwarding are premised on the efficient and cost-effective transfer of goods that are maintained in good condition throughout their travels. To accomplish this, freight forwarders become experts in managing the logistics necessary to ensure that goods arrive on time.

Is FCR a negotiable document?

FCR document is not negotiable. It is non-negotiable so that consignee need not to present an original copy to collect the goods from the transport company.