What You Need to Know About Your Freight Shipping Options

1. What You Need to Know About Your Freight Shipping Options As your business grows and you find that you need to find more efficient ways to ship your goods to customers in a timely manner, it’s important to know what your options are when it comes to freight shipping. One of the most innovative options for making sure your products get to the right place at the right place is intermodal transportation. For this method, special containers and trailers are used to keep the items safe and intact throughout the duration of transit. In order for this type of freight shipping to work, products are often moved from truck to train or train to ship or truck to ship. Different modes of transportation are often needed to ensure that the items get to their intended destination, but there are also instances in which the goods are simply taken to a loading dock where the products travel by sea, or to an airport so that the goods are shipped to customers via air. If you need your products to get to the buyer quickly, air and sea options are often best. If you have a partnership with another business or are shipping the goods to a regular customer, land transportation like trains and trucks could be suitable, since you can stick to a shipping schedule and customers can count on you to get the products they need on a consistent basis. Free on Board Origin Free on board or FOB origin refers to the time during the shipping exchange when the seller gives the merchandise rights to the buyer, which means the buyer assumes ownership. In an FOB instance, the freight is the responsibility of the consignees who will be at the shipping dock, and this consignee has to pay all of the costs associated with shipping. FOB Origin In this instance, the freight is the responsibility of the consignee at the shipping dock; the shipper has to pay all the freight charges for the shipment. You can also select FOB origin with a freight prepaid and charged back, which means that the consignee is responsible for the freight once the product gets to the shipper’s dock. The shipper will also pay for all charges associated with the freight, and the shipper then invoices the consignee for these charges. FOB Destination Options For FOB destination shipping, the goods title is passed at the consignee’s dock. The shipper is responsible for the charges associated with the freight. The freight is only shipped once all fees are paid. Freight collect is another FOB destination option, and this means that the title for the goods passes the doc of the consignee and consignee pays for all associated freight charges. Or, you can select FOB destination with the freight collect and allowed option. The title gets to the consignee dock and the consignee has to pay the freight charges that the carrier has incurred. The fright charges are then deducted from the invoice that the seller receives for the products.

2. Make sure that you choose your freight shipping options based on how often you’ll be shipping goods and how much you need to ship each time to figure out the payment arrangement that is right for you. Article Source: http://www.giveif.com/2018/06/21/what-you-need-to-know-about-your- freight-shipping-options/