The freight forwarder spoiled! Lets the customer raised 4 million for redemption of the goods? Shipping chaos occurs frequently, beware of risks!
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The freight forwarder spoiled! Lets the customer raised 4 million for redemption of the goods? Shipping chaos occurs frequently, beware of risks!

The freight forwarder spoiled! Let the customer raise 4 million for the redemption of the goods? Shipping chaos occurs frequently, beware of risks!


A screenshot like this appeared in the freight forwarding circle recently:

A Shenzhen Supply Chain Co., Ltd. could not solve the problem on its own due to the broken capital chain, so it asked the customer to raise funds to extract the goods stranded at the port.

A Shenzhen Supply Chain Co., Ltd. could not solve the problem on its own due to the broken capital chain, so it asked the customer to raise funds to extract the goods stranded at the port.

It is reported that this incident involved more than 100 small freight forwarders, and there are many related cross-border sellers downstream. At present, 3-4 million customs clearance fees are required.

In the latest news, on June 14, the company issued a bankruptcy notice.

Similar incidents happened last year.

To summarize the event:

A freight forwarder in Shenzhen took advantage of the customer's eagerness to get the bill on the grounds that "too many fees were owed to the shipping company, and the shipping company could not afford to deduct the bill".

In the past two years, the huge profits of shipping have attracted more people to flock to it. At the same time, the news of freight forwarding companies collecting goods at low prices and going bankrupt has repeatedly come.

In April, Yiwu Dabang International Freight Forwarding Co., Ltd. voluntarily applied for bankruptcy and liquidation

The latest official public data from the US Federal Maritime Commission (FMC) shows that in just three months from January 14th to April 14th this year, the number of new cargo companies from China registered with the FMC has reached as high as 582, which means an average increase of forty or fifty per week!

Although these forwarders are new players on the US line, they at least respect the requirements of the US regulations and apply for and have the qualification of the US Federal Maritime Commission (FMC) OTI License.

In addition to various shipping companies on the American route, all regular freight forwarders engaged in American route transportation must have a freight company registered with FMC in the United States and have the official code of NVOCC. Otherwise, if any problems occur during transportation in the United States, they will not be able to get the corresponding legal protection. According to FMC regulations, non-US companies must provide a deposit of US$150,000 to the US Federal Maritime Commission to register as a US non-vessel shipping carrier (OTI-NVOCC) with FMC.

OTI License qualification query website:

 

https://www2.fmc.gov/oti/

However, according to feedback from industry insiders, there are still a large number of "three noes" (no experience, no qualifications, and no records) freight forwarders entering the US line in the actual market, which brings serious potential risks to freight forwarders.

"Three no" freight forwarding frequently encountered problems are:

1. Grab orders at low prices and increase prices on the spot;

2. Take the money from the fast boat and go to the slow boat;

3. Privately bill of lading to the buyer;

4. Misappropriation of the logistics fee, the volume of the payment goes away, and the owner of the cargo cannot pick up the goods at the destination port;

At present, Shenzhen International Freight Forwarders Association is also regularly releasing the "Blacklist of International Freight Forwarding and Logistics Industry (Shenzhen)". The latest issue is on April 11 this year, with a total of 104 companies. The list is not to be reproduced, for reference, please see here:

http://www.siffa.org.cn/newshow.asp?id=14307

Foreign trade people, especially friends in the cross-border e-commerce industry, be sure to check before choosing a freight forwarder to avoid risks! We also remind all cargo owners not to choose a freight forwarder that is much lower than the market price!


So what kind of freight forwarding is reliable? You can compare them one by one:

1. Can guarantee the shipping class

2. The inquiry feedback is timely, and the shipper can get a more favorable freight rate for the owner.

3. Respond quickly to the new regulations and policies of import and export customs.

4. Help the owner to "flexibly handle" the delivery date on the bill of lading.

5. Control the property rights of the goods, and detain the goods in time when the customer is found to be fraudulent.

6. Track the movement of the goods, including when it arrives at the destination port, whether the customer has already handled the delivery, etc.

7. Help with emergency shipments, emergency customs declarations, and other matters.

8. When necessary, we can act as an agent for export, and handle various documents, and so on.


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