How to do freight forwarding for import and export? Can experienced friends share some insights?
I’m planning to venture into the import and export freight forwarding business recently, with no prior experience. I’d like to ask everyone, from preliminary preparation to specific operational procedures, what should I pay attention to? For example, how to find clients, how to collaborate with suppliers, and what are the critical steps that cannot go wrong? I hope experienced friends can elaborate in detail and provide some practical advice to help me avoid unnecessary detours.
Professional consultant answers
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
First, conduct thorough market research to understand the import and export demands and trade policies of different markets, and identify your target client groups, such as whether to specialize in freight forwarding for electronics or apparel.
Second, establish a reliable supplier network, selecting trustworthy shipping companies, airlines, etc., to ensure stable transportation services.
For finding clients, you can participate in industry trade shows, leverage online platforms for promotion, or join industry associations to expand your network.
In terms of operational procedures, after receiving an order, accurately understand the cargo details, including name, weight, volume, etc., arrange bookings, customs clearance, inspections, etc., and track the cargo in real-time during transportation, providing timely updates to clients. Every step must be handled carefully, especially ensuring customs documentation is accurate to avoid issues like cargo delays.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
When starting out, service quality is key. Try to offer personalized services, such as tailored transportation solutions for special cargo. A good reputation will naturally bring referrals.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
It’s important to understand the pros, cons, and pricing of different transportation methods to provide the most suitable solutions for clients and enhance competitiveness.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
Risk management is crucial. Prepare contingency plans for issues like cargo damage or delays, and purchase freight insurance to minimize potential losses.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
Build good relationships with peers. When encountering challenges beyond your capacity, you can support each other and share experiences.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
Familiarize yourself with international trade terms like FOB, CIF, etc. Different terms define varying responsibilities for buyers and sellers, affecting freight forwarding operations.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Continuously learn about the industry, stay updated on global trends, exchange rate fluctuations, etc., as these impact import and export freight forwarding.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
Establish efficient communication channels with clients and suppliers to avoid issues caused by miscommunication.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
Maintain proper document management. Keep all transportation and customs documents well-organized for future reference and verification.