What is Non-Vessel Operating Common Carrier (NVOCC)?
NVOCC stands for non-vessel operating common carrier, which physically moves goods from its initial venue to a final destination. A freight forwarder, on the other hand, arranges shipments for individuals or organisations to shift goods from one venue to another. In other words, it merely links the various modes of transport from point to point and is not responsible for the physical transportation of the product.
Previously, these two activities were done separately but seeing how intertwined they are, companies have since chosen to provide both NVOCC and freight forwarding services. Hence, NVOCC Freight Forwarders handle both the organisation of the shipment via sea freight, air freight and road freight.
Require the services of a NVOCC freight forwarder? Our team of advisers and consultants are here to assist you. Contact us today!
What are the various services that a NVOCC Freight Forwarder provides?
Multiple Shipment Modes
NVOCC freight forwarders may handle shipment through three main modes namely air freight, sea freight as well as land transport. Land transport includes road and rail transportation.
Packing of Goods
Other than different shipment methods, packaging of goods is provided. Having a reliable packing service is important as it is crucial for goods to be delivered without any damage.
Convenient Custom Clearance
Given the complicated process of shipment, it would be tedious for the customer to handle all the paperwork required for custom clearance. Hence, a NVOCC freight forwarder will process the necessary documentation such as the letter of credit banking services and legalisation and any other custom clearance. This helps to facilitate the transportation of goods.
Cargo insurance serves to prevent any losses incurred from damages or losses of products. Some of the types of products that require insurance would be items which are high in value and fragile.
To ensure an efficient shipping process, consultation is sometimes provided by freight forwarder company to give advice regarding the most suitable type of shipment mode, and to aid in the procedure.
Benefits of NVOCC Freight Forwarding
Reputable NVOCCs will provide more frequent and better communication with customers. Similarly, they are able to switch to alternative shipping modes, when necessary, while catering to customers’ specific needs. This personalised service helps to ensure a process that is minimally interrupted by hiccups.
NVOCCs can also handle a customer’s cargo as a freight forwarder and can arrange the logistics network from point to point without interruption unlike a carrier.
NVOCC is able to provide transportation stability. In the case whereby there are disruptions in transportation, NVOCC can accustom by finding other alternatives, ensuring a smooth delivery process. This then helps to save time as disruptions would usually lead to delays in shipment.
NVOCC does not sign contracts with carriers, unlike certain companies which require such shipment services. Signing contracts would secure their space on the vessel at fixed rates. But at the same time, it would mean that they will be affected by market trends that may lead to a higher cost incurred instead.
NVOCC has a large network that will permit them to monitor and foresee market changes and thereafter, establish potential risks, predict the costs and recommend solutions. With this, the risk of incurring additional costs caused by these issues would be mitigated. Hence, the engagement of a NVOCC would have lower costs as compared to a direct carrier.
Why choose M&P International Freight?
M&P International Freight emphasises highly on customer satisfaction. We are committed to providing efficient and all-in-one services as we place a high value on their customers. This guarantees an exceptional experience for clients looking for a reliable international freight forwarder.
Secondly, M&P is experienced as we have dealt with a large variety of organisations that require our services. Through the years, we have become a reputable company that clients can rely on.
Given the provision of service types and benefits that come with engaging M&P, it is certain that the service provided would exceed the expectations of customers.
M&P International Freights has years of experience in this industry and we have a wide network of partners ready to assist you. Contact us today to get more information!