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What is a forwarding agent in China?

What is a forwarding agent in China?

The freight forwarder deals with all the warehousing, tracking transportation, booking of cargo space, preparing of shipment, exporting of documents, negotiating freight charges, handling cargo insurance, filing of insurance claims and clearing customs necessary to get your product shipped from China to the USA.

What freight forwarder does?

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.

What do you need to know when importing from China?

You might need to be aware of minimum order quantities (MOQ) when importing from China. Some wholesalers and manufacturers have a low MOQ for small orders, others have a high MOQ for larger orders. After you have found the items you’d like to import, it’s time to start the process of getting your goods across the border and through customs.

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How can I reduce the cost of importing from China?

1. Ensure the supplier will agree to shipping under FOB terms from their nearest port or airport as this will greatly reduce your shipping costs and give you more control over the shipment. For example, if you were importing from China and the closest port to the supplier is Shanghai, you would request FOB Shanghai terms.

How do I import goods from foreign countries?

1. Identify your import rights. When you buy goods from foreign sources, you become the importer. The courier such as DHL/UPS/FedEx will handle everything and deliver to your door if your package is small and used for personal use only or the value is not so big.

What is an importer of record in China?

When you import products from China, you become the “Importer of Record”. This is really a fancy way of saying that this whole process is “on you” once it arrives, and that you are the person (or corporate entity) importing the product in question. You’ll want to familiarize with a few concepts as the importer of record.

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