Online Cargo and Freight Quoting
As a professional freight forwarder, Custom Logistic Service handles many types of cargo for a wide variety of clients. Our experience in this field extends to every aspect of shipping. We’re well prepared to answer your questions about the safety, security, and cost of moving your goods. The industry terminology we deal with all the time can be confusing and intimidating to companies dealing with freight for the first time.
Importing and exporting freight is a complicated world of paperwork, insurance, and customs forms. Our agents work to ensure that your cargo receives the correct insurance for the shipping method and that all of the paperwork is completed. Much of the freighting process depends on the division of labor and responsibility; we negotiate with the parties involved to obtain the best working arrangement possible.
What is EXW shipping?
“Ex Works” shipping refers to the responsibility of the seller to make shipped goods available to the buyer on his premises. As soon as the goods have been received, the seller is considered to have discharged his obligation. The buyer then bears all costs of loading and further transport, including the risk associated with the goods. The buyer must be able to fulfill all necessary export formalities.
What is DDU shipping?
When you ship “delivery duty unpaid” it meas that the seller is responsible for delivering the goods to a specific place in the importing country. The seller must pay the appropriate duties, taxes, and other fees associated with exporting the goods and bear the risk of transport. When the goods are ready for import, the buyer then becomes responsible for paying duties and correctly clearing customs in a timely manner.
What is DDP shipping?
A seller who contracts for “delivery duty paid” assumes the maximum obligation possible in the mercantile arrangement. The seller become responsible for all of the cost and risk associated with both exporting goods from the country of origin and for importing goods to the destination country. Only sellers who are able to obtain the correct licenses for importing are able to assume delivery duty paid shipments.
What is CFR shipping?
This refers to a seller being responsible only for the “cost and freight” of goods. Once the goods have been delivered to the transport vessel, all risk is transferred to the buyer. This includes the risk of damage or loss once the transport is underway and the cost of importing goods into the country of destination. As soon as the goods “clear the ship’s rail” they become the risk of the buyer. The seller remains responsible for all exporting duties and fees. Cost and freight shipping is specific to sea and inland waterway transports.
What is CIF shipping?
This is another term specific to shipments that travel by sea or inland waterway. The seller must clear goods for export and deliver them safely to the freighting vessel. In addition to this, the seller must contract for insurance to cover the delivery or pay the costs of insurance contracted by the buyer. The buyer still assumes the risk of loss or damage, but some of the insurance cost is assumed by the seller.
Custom Logistic Service puts their years of experience in navigating the world of freight forwarding at your disposal. Our clients move a wide variety of merchandise into ports all around the world. We know the kind of challenges your cargo will face during transport, and confidently handle the distribution of risk during transport. Contact an agent at our Brisbane headquarters and ask for a quote, or meet with a local agent in our branches located in Sydney, Perth, Adelaide, and Melbourne.