Frequently Asked Questions (FAQs) by International Freight Solutions

Learn more about a Freight Forwarder by International Freight Solutions.

If you can’t find the answer you’re looking for, please don’t hesitate to get in touch with us.

What is a Freight Forwarder?

A Freight Forwarder or broker is a company, professional agent, or middleman who is responsible for connecting shippers with freight carriers and helps to facilitate the transportation and delivery of freight/goods around the world.

They support businesses or shippers by helping them to handle all the legal elements of transporting freight from one place to another.

Some of the ways a freight broker achieves this are by helping businesses to hire efficient and reliable freight carrier services, negotiating prices and contracts, tracking loads, scheduling orders with carriers, communicating transport quotes with clients, and monitoring carriers for businesses.

How can a Freight Forwarder help me?

Many businesses hire freight brokers to save cost and time and make the transportation of their freight hassle-free.

Freight forwarders provide expertise, cost-effective solutions, risk management, time-saving benefits, and a global network to businesses involved in international trade. Using a freight forwarder can help businesses streamline their supply chain, reduce costs, and manage the risks associated with international trade.

Your freight forwarder should keep you updated on the shipment’s status once it has been dispatched and let you know if there are any modifications or delays along the route.

Does it cost more to use a Freight Forwarder?

Shipping errors can be expensive and cause significant delays in the delivery of products. So, although it may seem like you are paying more initially, a freight forwarder will save you money in the long run. A good freight forwarder will source the most efficient shipping rates through their extensive network of carriers thus saving you time and money.

Where do you ship freight and cargo to?

Over the last twenty five years, IFS have worked closely and built up trusted relationships with all the major international carriers and shipping companies, importing and exporting from all corners of the globe.

Can I ship goods to a private address?

The answer is yes, provided that the paperwork and documentation is correct. Our team have much experience in organising shipments and can help with this.

How do I get started shipping freight?

The quickest and easiest way is to complete our online Freight Quote. From there our team can advise the next steps.

How do I know which service to use?

This will depend on the size of freight, the destination and how quickly (or slowly) you want to get it there. Our dedicated team of knowledgeable staff will be able to advice on the appropriate mode of transport to suit your requirements.

How do I get my goods cleared through Customs?

For full details of the new Customs Declaration System (CDS) please visit our Freight Resources page >

How do I arrange a commercial invoice?

IFS has invested much time and development in creating a Commercial Invoice template (white label) for our customers. Our experienced staff can provide guidance on how to complete these.

What is an HS code?

A Harmonized System code is a unique identifier to classify the exact type of goods being shipped. This can also known as a Commodity Code. The system is internationally recognized; the customs department of a country defines different regulations based on different classifications.

When you fill out a waybill (commercial invoice) for your international shipment, you will be required to enter the HS code(s) of the goods. Customs authorities will use this code to understand what is being shipped and apply the correct taxes and duties. If you include the incorrect code, you could end up paying the wrong rate – or worse, have your shipment rejected by the destination country. So it is very important to get it right. Here’s a dedicated HS code guide to help you.

Who is the Shipper?

The shipper is someone who supplies and/or owns the goods – also known as a Consignor.

Who is the Carrier?

A carrier refers to an individual or company that carries, holds, or transport goods from one location to the other.

Who is the Consignee?

The consignee is the entity or person legally required to be present to accept the shipment.

What is an EORI Number?

It is short for ‘Economic Operators Registration and Identification Number’ (EORI) and is a system of unique identification numbers used by customs authorities throughout the European Union.

What is import duty?

Import duty, otherwise known as customs duty, is a tax collected by customs authorities on all goods sold across borders. The aim of import duties is to raise income for local governments – but also to increase the end price of the goods for consumers, thus encouraging them to buy from the domestic market, which is not subject to this tax. Common examples of import duties are trade tariffs and excise duties.

What is import tax?

Import tax is a flat tax rate charged by customs on imports. In many cases, the tax is equal to the local sales tax. Even when the goods have been purchased abroad, this tax will still apply when they enter a different country. Examples include sales tax and value-added tax (VAT).

How do duties and taxes impact your shipment?

Duties and taxes will impact the total cost of your shipment, so it’s important you are aware of them early on. You can then factor them into your pricing strategy to ensure your business remains profitable. Additionally, failing to manage duties and taxes properly could cause your shipment to be held up at customs – not to mention any fines you may have to pay.

How much is import tax?

Many countries have a minimum threshold of order value that goods have to meet before taxes and duties apply – this is called a de minimis.

The amount of tax and duties you’ll need to pay for a shipment are influenced by several factors, including:

  • The value of the goods (including insurance and shipping fees)
  • The goods description
  • The country or region of origin
  • The destination country’s tariff rates
  • The goods’ HS code(s)
Why should I add Marine Cargo Insurance?

Loss and damage do sometimes happen and it is EXTREMELY IMPORTANT that you have the benefit of cargo insurance. Find out more >

 

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Logistics critical to success of Government’s Growth Strategy?

The leaders of 30 major UK businesses have signed a letter to Business and Trade Secretary Jonathan Reynolds MP, urging him to ensure that the logistics industry is made a cornerstone of the government’s Industrial Strategy, which is set to be published in the coming months.

Led by business group Logistics UK, the 30 businesses, which include Amazon, Heathrow Airport and Tesco Stores, are urging Mr Reynolds to acknowledge the critical role that effective supply chains play in all parts of the economy, including the growth-driving sectors already recognised by the government. The business leaders are clear that making the transportation of goods more efficient is fundamental to growth across the whole economy, and that the logistics sector must therefore have a voice in the development of future economic plans by being represented on the new Industrial Strategy Council.

“Nothing in the economy moves without logistics: it provides our hospitals, schools, factories and shops with everything they need, everywhere, every day,” says David Wells OBE, Chief Executive of Logistics UK which co-ordinated the approach to Mr Reynolds.

“Our sector must be recognised as a key partner in the government’s economic and business growth plans. Otherwise, the plan for growth will be set up to fail before it even starts. The government’s Industrial Strategy Green Paper rightly introduces the concept of ‘foundational sectors’ that provide critical inputs and infrastructure to our growth-driving sectors, and the case for recognising logistics as such a sector is undeniable.

“Effective logistics is the foundation of any successful economic activity, whatever the industry,” he continues. “To create an industrial strategy that does not improve the efficiency of the movement of goods would be a huge, missed opportunity, and throttle growth in other sectors.

Read more from Multi Modal >

 

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International Freight Solutions Ltd is a member of BIFA

BIFA logoBIFA – The leading body representing the UK International Freight Services industry.

The British International Freight Association (BIFA) is the prime trade association for UK registered companies engaged in the international movement of freight by all modes of transport, air, road, rail and sea, and/or customs brokerage.

BIFA has a membership of over 1600 members in the logistics and supply chain sector, known generally as freight forwarders, who offer a wide range of services within these various modes.

The leading body representing the UK International Freight Services industry.

Members of BIFA are organisations engaged in the movement of freight to/from the UK by all modes of transport: air, road, sea and rail. Some members also provide customs clearance and other cross border services.

A not-for-profit organisation, BIFA is funded by subscription and run by its members for members. It operates with a full-time Secretariat which administers and manages the Association’s affairs.

BIFA members trade under a set of Standard Trading Conditions that are backed in the insurance sector. Find out more about BIFA >

You can trust International Freight Solutions Ltd to take care of your International Deliveries!

 

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Frequently Asked Questions (FAQs) by International Freight Solutions

Learn more about a Freight Forwarder by International Freight Solutions. If you can’t find the answer you’re looking for…

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IFS is a member of World Top Cargo Alliance of Freight Forwarders

International Freight Solutions Ltd are proud to be part of World Top Cargo Alliance and are looking forward to many years of fruitful partnership.

With over 1000+ members and Registered Corporate offices in the United States and other franchises around the globe. WTCalliance is the world’s best and most powerful network of independent freight forwarders. The company has been formed to create a worldwide network that offers the most comprehensive network solutions for logistics and forwarding business.

This partnership brings a multitude of benefits to our customers as we strive to continually expand our network of agents around the globe.

The leading body representing the UK International Freight Services industry.

 

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Trump launches plan to target countries with new trade tariffs

US President Donald Trump is sharpening plans to hit exports from countries that he says have trade policies that are unfair to the US.

Do you Import Goods from the Far East? If so, It’s Good News for you!President Trump signed a memo that instructed staff to develop custom tariffs for each country, taking into account features such as their existing tariffs, exchange rates, trade balances and other rules.

In outlining its concerns, the White House said that tariffs imposed by other countries were not necessarily the biggest issue, singling out the European Union for other policies the Trump administration said put US exporters at a disadvantage.

While big questions remain about the plans, the announcement is likely to kick off trade talks around the world.

Which countries could be affected?

The memo signed by the president asked that staff report back for a plan for “reciprocal trade and tariffs” within 180 days.

Trump’s pick for Commerce Secretary, Howard Lutnick, said his team would be ready to hand a plan to the president by 1 April.

Trump cast his plan for so-called reciprocal tariffs as part of his effort to bring investment to the US and boost manufacturing.

“If you build your product in the United States, there are no tariffs,” he said, adding that he was “just doing what was fair”.

“In almost all cases, they’re charging us vastly more than we charge them but those days are over,” he said. “This should have been done a long time ago.”

As well as the European Union, Trump’s moves are expected to have an impact on trade relationships with countries such as India, Vietnam and Thailand, which have relatively higher tariffs and rely on the US as a big market for exports.

Trump signed the memo ahead of a meeting with Indian Prime Minister Narendra Modi, who has already taken steps to reduce tariffs on key items such as motorcycles, which Trump made an issue during his first term.

Still, he vowed reciprocal tariffs on Indian imports at a joint press conference with Modi on Thursday: “Whatever India charges us, we charge them.”

In recent days, officials in Thailand and Vietnam have also said they were reviewing trade with the US.

Ahead of Trump’s announcement, the European Union said it was committed to “maintaining a close partnership with the US”.

“We will continue to seek constructive engagement,” Olof Gill, the commission’s spokesperson for trade said. “At the same time, we stand ready to protect our interests.”

What are reciprocal tariffs?

A tariff is a tax on imports collected by the government. It is paid by the company importing the good. Countries typically erect tariffs in a bid to protect certain sectors from foreign competition. Historically, the US has championed free trade and kept the majority of its tariffs low, except on certain products such as footwear and, more recently, steel and aluminium.

The US has an average tariff rate of 3.4%, compared with an average rate of 5% in Europe, according to the WTO. In setting out its plans, the White House cited objections to tariffs such as the 10% tax that US-made cars face in Europe, compared with the 2.5% tariff the US applies to cars brought into the US.

The White House also said that Brazil charges an 18% tariff on ethanol imports, while the US charges a 2.5% tariff on the same product.

But officials made clear that the US intends to use tariffs to challenge policies farther afield, citing concerns about the digital services taxes many countries, including Canada and the UK, have unveiled against Big Tech firms – many of which are US-based – as well as Europe’s rules for its Value Added Tax (VAT), a kind of sales tax. Those kinds of issues also raise risks for the UK.

Duncan Edwards, chief executive of BritishAmerican Business, a group representing transatlantic firms, said Trump’s plans “should not come as a surprise” and the details of how any reciprocal tariffs are calculated will be a key focus.

“Our hope at BritishAmerican Business, is that the UK’s relatively open market and balanced trade with the USA gives it a chance to avoid much of the impact of this policy but nothing should be taken for granted,” he said.

More from BBC article >

 

 

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