kate, Author at Deni Internacional

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Due to the cargo requirements of International trade, there are Incoterms, (International Commercial Terms) as part of the process. Every ten years, they are revised and updated, and are used in trade contracts.

They are made so that the companies can provide easier handling and securing of the cargo, as well as, for better understanding of both, the buyer and the seller.

For this matter, down below are explained all of the updated Incoterms descriptions:

1. FOB (Free on Board)

FOB means that the seller delivers the goods on board and is used for containerized shipments and inland water transport.

Furthermore, the seller informs the buyer of the arrangements of goods where the buyer covers all the costs of the onward movement.

2. FCA (Free Carrier)

FCA explains the process of the goods where the seller delivers them to the carrier, to a place named by the buyer, or another person approved by the buyer. With this, the responsibility of the seller is given to the buyer.

During the responsibility of the seller, the seller’s premises are not allowed to unload them until they are delivered to the named place. In order to make the delivery secure, a contract is signed between the buyer and the seller (on their request) where the buyer is responsible for the costs, risks and goods condition.

3. EXW (Ex Works)

EXW refers to the process where the seller delivers the goods to the buyer’s disposal at a previously agreed place.

An important fact is that EXW is the only of the Incoterms descriptions where the goods are not allowed to be cleared for export.

Also, the buyer provides the seller with the information that they received the goods where their condition and clearances are on the buyer.

4. FAS (Free Alongside Ship)

FAS means that the seller handles the shipment’s clearance, pays for the port, terminal or ship. Takes care of the documents of transport, delivery and everything is at the buyer’s expense.

The seller also takes care of the contracts connected to the carriage applicable to the quay or the ship, as well as, the export permits.

5. DAP (Delivered at Place)

These Incoterms descriptions refer to the seller’s obligation to deliver goods at a mutually agreed destination of arrival of the goods, and usually, it is further than the terminal. This rule is usually used when more than one transport mode is employed.

6. DAT (Delivered at Terminal)

DAT is used when the seller delivers the cargo at the buyer’s named terminal. Terminal could be any mutually agreed port, warehouse, container yard etc.

Incoterms Descriptions Deni Internacional

These Incoterms descriptions are used when the seller takes care of all the export formalities, while the buyer takes care of any transport movement and insurance once the cargo has arrived at the agreed place.

7. CIF (Cost, Insurance and Freight)

The seller delivers once the goods are safely packaged, on board and ready for shipment to the agreed destination. The seller pays for the contract but once the goods are on board, the payment transfers to the buyer. However, they are allowed to negotiate the coverage.

8. CIP (Carriage and Insurance Paid to)

CIP is used when the seller delivers the goods to an agreed location chosen by the seller. The Incoterms descriptions of CIP state that the seller covers the payment and insurance but the damage or loss risk are transferred to the buyer once the carrier receives the delivery. However, they are allowed to discuss the additional insurance.

9. CFR (Cost and Freight)

CFR refers to the process where the seller delivers the goods once safely packaged and loaded, and ready to be transported to the shipping port. In these Incoterms descriptions, the seller is also responsible for the freight payment but once the goods arrive at the destination, they transfer to the buyer.

10. DDP (Delivery Duty Paid)

Here the seller has the maximum obligation. He delivers the goods once cleared for import and ready for unloading at the destination port. DDP is mostly used where there is more than one mode of transport.

Under these Incoterms descriptions, both buyer and the seller are not obliged to insure the goods. The coverage is discussed and agreed upon the sales contract.

11. CPT (Carriage paid to) – Incoterms Descriptions

Under CPT, the seller is responsible for delivering the goods to a destination which is any place agreed between the seller and the buyer. The seller is responsible for the export formalities, while the buyer is responsible for the import clearance formalities.

Final Thoughts

Whether you are a buyer, or a seller, these are the Incoterms descriptions that you can rely on while the cargo travels. In order to avoid additional costs, the cargo needs to fall on the specific requirements and Incoterms.

International trade includes wide terminology as part of the delivery process, and one of them is Incoterms. But what does it do? With their use, the sales contracts and global trades can be made according to the rules of Incoterms.

The term was first introduced in 1936 and refers to a short abbreviation for International Commercial Terms and was created as part of the international trade. Over the years, it has advanced and includes changes in the international trade together with rules that apply to the sea and inland transport.

Since then, it has achieved a title as an industry standard for the worldwide trade. Today, it is used as an interpretation of international trading and more importantly, it is a trademark for designating the specific rules applying to the terms, but this includes only the basics.

Let’s find out more in details.

Specify The Responsibilities and Expenses Between The Seller and The Buyer

As mentioned above, Incoterms have progressed since the very beginning of its creation. For example, the International Commerce Terms have developed understanding for operational obligations between the seller and the buyer regarding the delivery of goods.

To explain it better, the fundamental Incoterms functions are the following:

Specifying the trade transaction responsibilities between the seller and the buyer
Clarifying the risk between the seller and the buyer under the rules regarding cargo loss or damage
Specifying the expenses allocation between the seller and the buyer

Provide Instructions

To continue with, the rules stand as a provided guidance for all involved in the delivery: the process of destination port to buyer, the transportation process from seller to port, the transporters and insurers, to not forget the lawyers and the rest involved in the trade. Furthermore, Incoterms provide instructions to carriers, customs brokers, banks and the rest involved in financing.

What Incoterms Do Not Cover

Apart from their previously mentioned function, Incoterms does not cover all of the rules. To make it clear, they do not cover the property rights as well as breach of contract.

What Incoterms Do Deni Internacional

As a further and clearer explanation, they do not cover the following:

Incoterms do not cover ownership of title; it is defined separately within the sales contract.
They do not cover the payment; delivery payment is also negotiated separately.
They do not assign responsibility for arranging insurance; it is separate expense for the buyer.

Check Them in The Sales Contract (Make sure you get what you need)

When you get the sales contract, you need to check it carefully. Useful information that you need to know for the contract is that the rules following Incoterms are accepted by the legal authorities including governments and practitioners internationally.

If the International Commercial Terms are written in the contract, the place should follow an abbreviation of three letters. As a help, you can use the specific port codes which you can find in the global port finder for a precise location defining of larger terminals. In the end, you can always check with the legal authorities in order to make sure you get what you need.

Final Thoughts

As shown above, Incoterms is used as part of the shipping agreements in order to make international trade easier. The rules often involve the relationship between the seller and the buyer, initiating the risks and responsibilities during the trade delivery.

In the end, if you want to make sure that the delivery trade and the contracts are legal and correspond to both parties’ demands, as well as, the government rules then go through it carefully. If in need, do not hesitate to consult a lawyer.

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Increasing warehouse efficiency should be top priority for every warehouse. There is so much involved in the management (staffing, scheduling, warehouse equipment etc.) which makes it difficult to pinpoint which factor contributes for the productivity of.

Choosing the best strategy as a solution would be the best thing to do since too many changes at once can lead to confusion, instead of efficiency. Investing in the right equipment is one solution that relates to all the rest involved in the warehouse efficiency. However, the question would be:

What is the proper warehouse equipment to increase efficiency?

Find out the answer below.

Use Forklifts and Move Store Items Easier

Equipment demands changes to the infrastructure and makes the warehouse short on flexibility. Investing in the right warehouse equipment has a great impact on efficiency since it affects the storage density.

While coordinating the space makes you question whether the storage is easily accessible. Using the warehouse space right is a great solution for the productivity because it gains easier access to the storage of goods and decreases the management time.

Find The Right Forklifts For Your Warehouse

Forklifts determine the time management. Finding the right one will keep the warehouse business up and running. Here, an important factor affecting the productivity is the management of height and weight.

Deni Internacional offers fundamental services and warehouse equipment for this cause. Keeping up with the technology trends is what makes their equipment effective. One of the world’s most famous brands is now available in Macedonia. LINDE Material Handling offers you balance between price and productivity and even up to 100% usage of your warehouse.

Optimize Your Pallet Storage With a Storage Solution Tailored To Your Needs

The space of the warehouse sometimes does not correspond to the upcoming of storage of goods. One solution may be moving to another warehouse but that is not cost-effective. The other solution is to organize the pallet storage to use maximum storage space.

Create more space – Take advantage of the vertical space available and create more storage space with shelving. Furthermore, creating tunnel aisles, with storage locations add above the cross aisles. Also, add storage locations above the dock doors. In this way, it will not affect the rest of the warehouse equipment, the receiving and the shipping.

Customs Warehouse Equipment

Select the right pallet – selecting the right pallet makes it available for the forklifts to move around the warehouse and will create storage density. Using the warehouse equipment right, allows you to include double-deep storage, pallet flow rack as well as drive-in rack which creates 60% efficiency.

Consider storage density – Storage density is the biggest efficiency problem. Once the warehouse is occupied by 80% you know the available space is occupied as well. In order to organize the warehouse, do not locate the pallets in the aisles since it will block the receiving and shipping areas, as mentioned above.

Choose a Company That is Registered Dealer Dor The Warehouse Equipment

Choosing the company is the key to great warehouse efficiency because they handle 50% of the cargo management.

What are the benefits of choosing a registered dealer?

25% increased productivity
Improved flexibility with logistics performance
Reduced fleet and labor
Optimized picking and stacking order

Besides the above-mentioned, you need to get informed on the cost-effectiveness and make sure they understand the trade terms as well as customs requirements.

Make Sure They Provide Maintenance, Service and Spare Parts

The areas where your operation might fall short in the industry are keeping you out of your biggest gains. The warehouse equipment that streamlines your warehouse process makes a great impact on a drastic improvement.

An important fact is the import of cargo in order to avoid delay in operations. For this cause, Deni Internacional offers Public Customs Warehouse of 6500m2 open and 4625m2 closed spaces and it is easily accessible for heavy loading vehicles, which in some warehouses might be an issue.

The great maintenance, service and spare parts minimize the picking and stacking’s travel time which leads to a higher efficiency level. Investing in the right manager for the warehouse who knows how to do increase productivity will keep the business going.

Implement Thorough Employee Training

Although an experienced manager would give his best to manage the employees, he would not achieve an effect and be able to manage them if the employees are not trained properly. For an effective warehouse management and proper warehouse equipment usage, providing training for the team is the right investment for this cause.

This will increase the productivity since the equipment would not affect the entrances of the freight, it would be rightly used and for the right goods storage, and in the end, the employees would be able to reach every angle of the pallet racks.

Final Thoughts

Whether you hesitate between warehouse equipment technologies, more efficient equipment or optimizing the goods picking process, you can run the warehouse more efficiently. Therefore, making the right decision and investment will keep you stay competitive.

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With the expansion of the economy, the trucking industry is continually reinventing its transportation process. This is made not only to make the process clear and handled but to meet buyers’ needs and deliver their cargo safe.

The protocol of handling and transporting goods is rather complex and there are always buyer’s questions on why cargo travels 1 to 3 months.

In addition, this is how your shipment travels:

1. Destination Port

The destination port is the port of loading i.e. the place where the shipment is actually loaded. Shipment’s stay at every destination is part of the transportation process. Having said this, the shipment stays at the Destination Port according to the time that the buyer decides to pay for the goods and is usually from 1 to 5 days.

2. Customs

The next move is customs clearance. The freight forwarder here files the documents to clear goods through customs. During this transportation process from destination port to buyer, it is important to get experienced and professional custom broker for the CBP Form since documentation varies in a transportation process regarding the different country regulations.

The documentation in this destination port to buyer process made by the importer to the buyer includes the following:

Custom Entry Form – this documentation includes detailed shipment information including taxes and duties
Custom Release Form – speeds up the release of the goods where the freight forwarder has 10 days to file the Custom Entry Form.
HTS codes – digit numbers needed for the import of your goods where you or your freight forwarder need to know it

3. Warehouse

After the transportation process is finished in customs, the next move of the shipment is to the warehouse. Once it is delivered to the warehouse, the goods are stored and wait there until the documents are completed for the buyer to get its delivery.

4. Trucking – Destination Port to Buyer

During this trucking process, the goods are loaded on the truck trailer and ready to move forward to the buyer’s destination. Here, the transportation company issues a trucking bill of lading which is used as a confirmation to the buyer that the goods are loaded and handled.

From Destination Port to Buyer Transportation Process

Furthermore, the person issuing the trucking bill of lading is releasing a delivery order D/O which is a document that permits the delivery of goods to the carrier. After the documents are filed, the shipment then hits the road to the buyer and travels within 1 to 5 days.

5. Buyer

Once the shipment has arrived safely, it is delivered and handed to the buyer. After the arrival, the trucking company sends the freight forwarder a proof of delivery. When the transportation process is over and the buyer has its goods delivered, he will sign the documents only if the goods are undamaged and in good condition.

A proof of delivery is a document functioning as a receipt that the shipment of goods has been completed in the transportation process. The proof of delivery is a form filed every time a delivery reaches the final destination, which in this case is the buyer. It has the recipient’s name, the date and the time of delivery and other information on the delivery.

Final Thoughts

As much as consumers want to have their deliveries sooner, it is impossible due to the documentation of the transportation process. Pretty often, the buyers will blame it on the carrier for overdue delivery without being aware of the factors causing the delay.

Besides the traffic, the documents needed vary from country to country and the stay of the shipment is all due to the country’s laws. Even though you hate that your goods travel that long, the destination port to buyer transportation process is made this complex for the shipment’s safety and the carrier’s aim to deliver those goods undamaged.

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The trucking industry is wide and that is for a reason. The entire world depends on transportation, since everything is transported by trucks. The furniture you own, the TV you watch your favorite series on, even the piece of clothing bought from a local store. Apart from the short haul, the long haul international shipping is a step by step management system and transportation is only a part of the process.

Now, here is how the transportation process works:

1. Seller

When you order something, the transportation process first starts with receiving your order. Then they start with the process of goods preparation.

The second thing a seller does is producing the goods if out of stock. Once the goods are ready and prepared to travel through the process of transportation, the factory checks their quality and condition for shipping.

Once the company decides that the goods are in excellent quality, the transportation process includes two types of documents:

Packing List – a document specifying the label of the package which is issues after the goods are packaged.
Commercial Invoice – This document is used to create a payment request by seller to buyer and it gives information on shipment preparation.

The goods are not shipped until the documents are filled. As in every profession including paperwork due to state law, these are the documents that the freight forwarder needs to receive from you according to the EU port supply services.

2. Trucking

The end of the manufacturing is the beginning of hauling. In other words, after paperwork and packaging is done, the next step is to move it from the factory and prepare it for the road to the warehouse.

The warehouse is the place for goods storage. This is the part where the company provides the relocation of the goods as part of the transportation process. However, in order for the process to be done, there are a few other things that need to be finished.

From Seller To Destination Port

The documents part is in order to provide a proof of security that the goods are being transported from one place to another before they get to the customer.

In this process, a Trucking Bill of Lading (BOL) is provided which is the document representing the contract or arrangement between the shipper and the carrier. It states the aspects of the shipping: what is being hauled and to whom.

3. Warehouse

With the expansion of the trucking industry, everything can be stored in a warehouse. It is a safe place for the goods before they are sent to further haulage to the next location. Depending on the type of the goods, the warehouses are conditioned in order to keep them in excellent condition.

The documents in the warehouse are important to be filled in order to give them to the freight forwarder and keep the transportation process going. The legal documents issued in the warehouse are the following:

Power of attorney – a legal document authorizing the freight forwarder to deal with customs on your behalf.

Bond Application – a document which clears importers entries, regardless of duty free goods.
Social Security Card – it is a filing required for the Importer Security Filing (ISF) including information and details on the shipment while passing from one point to another.

4. Origin Port

Another role of the international transportation is the origin port, which is the next location of the transportation process. It is the place where the goods are transported before they take part in the journey to the destination port. It is usually done within two days departure time including distribution work.

With the transportation process including a few days stay at every location due to paperwork, so it does at the Origin Port. As the goods are checked for quality after they are manufactured, here the employees check on the containers regulations obedience as required by law.

5. Ship – Time That Goods Are Spending On The Ship

The time that the goods spend on the ship is between 15 to 30 days. During this time, a master bill of lading is issued to the freight forwarder by the carrier and is usually provided by the person operating the transportation machine. A notice on the arrival date is provided by the carrier to the freight forwarder 2 to 5 days prior to the date.

6. Destination Port – Transportation Process

Once the shipment arrives at the destination port, a payment to the factory is made. Its time of stay is prior to the time the buyer decides to pay for the goods. After the payment, the seller issues an electronic payment to the forwarder as a proof, called Telex Release.

Final Thoughts

Transportation process has expanded since the internet is starting to offer us supplies online. As the society is making it easier for the humanity to order goods, transportation process goes rather complex.

That means that everything you ordered online is transported by truck drivers making their best to deliver it to you on time. Now, if you have ever questioned yourself why your order takes 30 days minimum to arrive, now you have the mystery solved.

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Truck stops are definitely not what they were in 1940’s, when it all began. Over the years, their services have evolved into facilities coping with the modern society, making it a better place for drivers.

Its contribution to transportation is growing each year that is turning into the evolving profession that employs strategies to improve the industry. They are becoming so essential for drivers that the trucking industry is becoming dependent on truck stop amenities nowadays.

What Autohof Means

Due to the growing number of truck drivers and necessity of stops for drivers to rest, Germany brought new open Autohof system in 2001. Depending on the country’s traffic regulations the resting facility needs to meet certain criteria and high standards. The standards may include on-site restaurants, 24-hour service, parking area etc.

Deni Autohof works in compliance with the European Autohof Standards and it is the first one in Macedonia. The main focus is to serve travelers’ needs where they are allowed to rest, use particular services if in need, and enjoy the food at the stop.

5 Best Truck Stop Amenities

Truck stop amenities are nowadays a safe place for travelers to stop and rest. With the intentional idea of contributing to driver’s safety, they also contribute to highways by offering a wide range of services.

To point out, they are modern facilities offering consumers nearly the same amenities as they use at home, and on average, include the following:

1. Restaurants

Restaurants are an alternative to making truck stop amenities a place for every traveler on the road. Even though transportation trucks are still a minority on the highways, just imagine how great it is, to make truck stops the right places for them to indulge in a nice, warm meal after a long drive.

2. Showers

Offering showers, truck stop amenities have gone under solid transformation. Since more and more of the truck stop’s customers are four-wheelers, the strategy is to enable them with such advancements that are essential to truck drivers.

3. Wireless Internet

Wireless access is not news, it can be found and used nearly everywhere, and yet, not all truck stop amenities have it.

As society is becoming dependent on the internet, truck drivers need it as well. Not much for entertainment as for any updates and news on their cargo since long-haul drivers provide interstate deliveries.

Truck Stop Amenities For Truck Drivers WiFi

4. Separated parking areas for trucks and passenger cars

Truck stop amenities need to comply with the regulations of the government much than they need to meet customers’ needs. The separated parking areas may be subject to those criteria but it is helpful to all kinds of passengers.

5. Truck Service

Autohof truck stop amenities are making transportation and driving easier. With the long-haul drivers present on highways, truck service is a must. Drivers can come across different truck issues on the road and be in need of truck assistance.

Luckily, with the reimagined services of truck stop amenities, they can find the following: truck stores and accessories, 24-hour gasoline service, vehicle wash, DOT physical exam etc.

Final Thoughts

Truck stop amenities are getting better over time. By complying with the standards and using new marketing strategies they advance rapidly.

The development and introductory investments in land, equipment and other needed specifications, truck stop amenities make a great place for drivers to rest.

The aim of truck stop amenities is to facilitate the movement of freight in order to attract more consumers by providing them with the best transportation system possible.

Whatever the challenge truck stops seem to accept it and find a way to adapt into trucking’s requirements. In other words, they are a home away from home.

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Getting the best freight load quote covers far more beyond than just entering the size and the weight of the freight. Calculating a freight load quote depends on many facts and figures.

The right shipping partner makes quoting and shipping freight easy, yet finding the right shipping partner that will provide you with the best freight load quote is not that easy.

With the aim of helping you get the best freight load quote we’ve decided to share with you the following 4 tips.

So, let’s take a read!

Know The Specifications Of Your Cargo

Freight does come in many forms and packages, starting from pallets up to multi-box loads.

Thereupon, with the aim of getting the best freight load quote you will have to know the correct specifications of your cargo.

To get the best freight quote, you need to clearly describe the goods you’re shipping. Giving the precise details will greatly impact your freight price. On the other hand, if not described correctly, you could end up with an incorrect freight quote and get up charged.

The importance of knowing the specifications of your cargo lies in the fact that certain goods are easier, less fragile, safer, and thus less expensive, to ship than others.

Make Sure You Choose The Best Transportation Process

Deciding where to get the best freight quote is equally as important as deciding on the best type of transportation process for your freight.

There are several options when it comes to shipping freight that you can choose from, which is why we made a list of the main types of freight providers:

Freight Broker

Freight brokers are the best match for shippers who are looking for competitive prices and hands-on customer service for shipments that cover several locations.

Online Freight Exchange

Online freight exchange is generally most suitable for experienced shippers or for one-time shippers who want to obtain a total control over their shipping options.

Independent Nationwide or Regional Carriers

The independent nationwide or regional carriers are the perfect match for repeated shippers who have freight that need to travel on specific nationwide lanes/ within a specific region.

Freight Expeditors

Freight Expeditors are known to be the best choice for exporting or importing freight shipments.

Get Multiple Transportation Offers

Choosing the best freight shipping company requires taking into consideration many facts and figures.

Therefore, before making the final decision you will have to make a detailed check of each company starting from their equipment up to reviewing their transportation history.

How To Get The Best Freight Load Quote 1

These are just part of the factors that need to be taken into consideration:

Insurance policies
Mode of service offered
Amount of experience
Service contracts
Type of cargo needing to be shipped
Procedures
Locations
Tracking

By detailly reviewing transportation companies’ profiles you will feel confident in making your final decision in choosing the best freight shipping company for your shipment.

Ask a Friend To Refer a Company

Besides the above-mentioned methods of choosing reliable, efficient and cost-effective ship freight, one that is shown to really work is asking a friend that has a previous experience recommend you a company.

Finding the most suitable shipping service that will meet your requirements is the best way to achieve your goals and your friends might bring you one step closer to achieving that goal.

Final Thoughts

To enumerate, getting the best freight load quote is often negotiated with trucking companies, which is why it is extremely important to get opinion from people that have expertise and years of experience in the shipping industry before making the final decision.

At Deni Internacional, our team of freight shipping experts guide our each one of our clients through the shipping process carefully while fining them the best freight load quotes to keep their costs down. We take into account all of the variables that impact the cost of shipping.

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HS are codes used in more than 200 countries and economies, more than 98% of international trade merchandise is being classified with these codes.

The World Customs Organization has created HS or also known as the Harmonizes System to help the harmonization of customs and trade procedures. In addition to that the HS codes do contribute to the non-documentary trade data interchange in procedures as the previously mentioned.

Yet, the harmonized system helps in reducing the costs related to international trade as well. Nowadays all customs officers must use HS codes to clear every commodity that enters or crosses any international border.

So, lets find out what HS codes are and how do they apply!

What are HS Codes?

As you already know, the HS codes are helping in simplifying the codification of commodities that are being transported internationally.

Thereupon, the HS code is a six-digit identification code that covers 5000 commodity groups. The HS commodity groups have 99 chapters containing 21 sections. All HS codes are arranged in a legal and logical structure.

The official interpretation of the HS is given in the Explanatory Notes published by the WCO. These Explanatory Notes can be also found online and on CD-ROM, as part of a commodity database giving the HS classification of more than 200,000 commodities actually traded internationally (Source: WCO website).

How are HS Codes Used?

HS codes are used by governments, private-sector firms as well as by international organizations.

These codes are mainly used by these bodies to:

Monitor
Update
Optimize controlled goods
International Taxes
Rules of Origin
Trade policies
Transport Statistics
Freight Tariffs
Quota Controls
Price Monitoring
Traffic Statistics
Economic Research

By this you can see that the HS codes are seen as an indispensable tool that helps all bodies that are connected to international trade, coding for commodities as well HS codes are being used as a universal economic language.

How To Keep Track Of Your HS Codes

Listing the correct HS Codes is a must, which is why importers and exporters have to be absolutely sure that they are using the right codes, and that they are not breaking the law.

So, you must be asking yourself how can you be 100% sure that you are using the correct HS Codes?

HS Codes

Here is one easy tip. Before you finally choose the correct classification you can have a look at the HS Codes Classification List and double check if the codes that your broker has given to you match with the actual description.

With this in hand, you can now check the classifications of your products, which will also show the customs office that you have taken all reasonable care.

It is very important to do this as the law states that the importer is totally responsible for showing the correct HS Code on every entry submitted in their name.

Why are HS Codes Important For Global Trade?

HS codes are used both by importers and exporters as the correct classification of goods. Thereupon, it is a legal responsivity for them to use it.

On the other hand, if the importer or the exporter fails to use the HS codes then more inspection will take place and the transportation process will get delayed. On top of that they will have to pay heavy fines as well as penalties.

To put it differently, HS codes are vitally important for both the importers and exporters because these codes help in calculating the bottom line. The HS codes can definitely save them both time and money.

The best practice to staying liable with the law and getting to know how the classifications work you can always double check if your revenue (taxes and duties) are correct.

Final Thoughts

All in all the Harmonized Commodity Description and Coding System or also known as the HS Codes is a common standard used all around the world with the aim of describing the type of commodity that is being transported.

Thereupon, as you had the chance to read that the codes help in the harmonization of customs and trade procedures by standardizing and identifying the cargo in the same manner regardless of the first or final destination.

Hence, it is of great importance for all parties using HS codes to use it and implement it in the right form.

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If you are running a trucking or logistics company and you are operating within Europe then you must have heard about CMR insurance.

Trucking and logistics companies have to cover many different types of insurance, yet unlike other insurance policies the CMR insurance is a must have. More precisely, the CMR insurance represents a specific insurance cover that enables trucking and logistics companies to legally transport cargo within Europe.

So, let’s find out what CMR insurance is and how does CMR insurance applies to transportation operations.

Take a read!

What is CMR insurance?

The CMR insurance is the cover that ensures truck drivers and carriers to legally transport cargo in countries in which the CMR Convention applies.

Whereas, the CMR Convention or the Convention on the Contract for the International Carriage of Goods by Road is a law that has been ratified by 55 European states.

Thereupon, all truck drivers and carriers that are transporting cargo within Europe have to get a CMR Insurance.

CMR Insurance VS Goods In Transit Insurance

Both the CMR Insurance and Goods in Transit Insurance offer coverage for damage and cargo theft.

The main difference between these two types of insurance is that the CMR insurance is legally required for truck drivers and carriers that are transporting cargo within Europe, whereas the Goods in Transit is not mandatory.

CMR Insurance – Cargo Transportation Across The European Borders

To put it differently, the Goods in Transit Insurance is specially developed to protect drivers who regularly use their trucks to transport goods, tools and materials in connection with their business.

When CMR Insurance Would Apply?

As previously mentioned, having a CMR insurance is mandatory according to the CMR Convention.

Thereupon, the CMR insurance would apply when the cargo is being transported by road and that road leads through two nations where one of them is part of the CMR Convention.

When Would Not Apply?

On the other hand, the CMR insurance would not apply in the following situations:

When the truck is transporting furniture removals;
When the truck is transporting funeral consignments;
When the truck is transporting personal goods;

Who Needs CMR Insurance?

In the first place, the aim of the CMR insurance is to address the liability of all trucking and logistics companies that are involved in the transportation of all types of cargo. Starting from this point of view, the CMR insurance applies to all carriers that are operating within Europe. The CMR insurance can be concluded within 1 month up to a year.

CMR Insurance – Cargo Transportation

In the event that a partial or a total loss(damage) occurs during the transportation process the CMR insurance offers comprehensive and customized protection under the mandatory statutory liability regulations for the carrier in road transport and even beyond.

Final Thoughts

To conclude, the CMR insurance is a type of insurance policy that applies to all movements of goods by trucks that transport cargo internationally, or that is to say in countries where at least one of the countries is a signatory or has acceded to the convention.

So, get a CMR insurance and keep your trucking company/ logistics company liable!

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Nowadays many businesses are struggling with moving cargo safely and efficiently while meeting the deadlines in a time of tightened capacity.

Luckily, cargo consolidation besides being one of the most promising option for businesses that want fast and convenient delivery, turns out to be one of the most efficient transport cost optimization solution.

As you can assume, cargo consolidation brings numerous benefits for businesses.

So, let’s take a read on what you can expect to enjoy by choosing a cargo consolidation service!

What is Cargo Consolidation?

Cargo consolidation is a straight-forward concept, it combines small shipments from multiple shippers into a large container for delivery.

The cargo consolidation service generally includes:

Cargo transportation to the stuffing point
Stuffing of cargo in container
Custom process of shipping documents
Cargo re-packing if necessary for delivery

Did you know that cargo consolidation has become the most popular and at the same cost-effective way of transportation, most commonly applied in international export?

Yes, that’s right and on top of that cargo consolidation has become a great transport cost optimization tool for many businesses.

The consolidation service that we are offering at Deni Internacional includes the following benefits:

Competitive freight rates
Competitive insurance premiums
Reduced packing costs
Reduced risk

Controlled Cost Transportation Structure

One of the most important benefits that you will get from cargo consolidation is cost effectiveness.

In addition to helping you in combining your small shipments cargo consolidation helps you with transport cost optimization too.

Transport Cost Optimization road transportation

Cargo consolidation enables you to:

Buy from separate suppliers or locations
Get your products sent to a consolidation or warehouse
Get all products shipped together at any time

Transport cost optimization starts at the moment when you choose to order from suppliers who wouldn’t normally sell minimum quantities. To put it differently, the chance to make smaller orders and do it more frequently means that your business will have more cash flow to work with.

Flexible and Tailored Service For Transport Cost Optimization

Cargo consolidation has gained popularity not only by being a great transport cost optimization tool but also by providing greater transportation, timeline and inventory flexibility for your business.

By choosing a tailored cargo consolidation service you will get to enjoy:

Faster transit times
Less congestion at loading docks
Fewer, but stronger carrier relationships
Less product handling
Reduced accessorial charges at consignees
Reduced fuel and emissions
More control over due dates and production schedules
Reduced chance of damages

Transport cost optimization uses a model to reduce the handling of the product in the process of handling the product as the freight moves from shipper to consolidation center.

In other words, cargo consolidation gets the freight to the final destination with fewer touchpoints, which is equal to less chances of damage.

Communication Across All Aspects Of Freight Transportation Is The Key To Success

The key to a successful cargo transportation operation is the good communication and constant update of the cargo status/location.

We can facilitate communications and monitoring of your shipments with your vendors, trading networks and buying offices and perform consolidation services according to your specific instructions.

Transport Cost Optimization avia Deni Internacional

Additionally, we can facilitate you with:

Booking status
Loading reports
Cargo tracking facilities
Arrival notification for all shipments to ensure that LCL cargo location is known every step of the way

At Deni Internacional we protect supplier information when products are delivered from our consolidation warehouses directly to customers.

Final Thoughts

All in all, cargo consolidation is a means for businesses to get their shipments to the final destination in a more efficient and cost-effective way.

Yet, an essential aspect of a successful cargo consolidation and transport cost optimization is choosing a reliable consolidator with proven industry experience. It is the only way for you to make sure that your shipments will be taken care of.

The freight consolidation and transport cost optimization services that we are offering at Deni Internacional capitalize on our global network of collaborators.

We can accommodate less than a container load (LCL), full container load (FCL) or large multi modal projects. We can also provide secure warehouse facilities, coordinate precise on-time shipment and deliver your goods wherever you want.

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