How many bills of lading are usually there in entrepot trade? Come and find out!
Solved#Entrepot trade#
I'm new to entrepot trade and not clear about the number of bills of lading involved. I want to ask how many bills of lading there are generally in the process of entrepot trade. Is there only one, or are there multiple depending on different links? If there are multiple, in what situations will they be used respectively? I hope experienced people can help answer and give me a clearer understanding of the number of bills of lading in entrepot trade.
Professional consultant answers
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
In entrepot trade, there are usually two bills of lading. The first one is the bill of lading used when the actual supplier ships the goods to the entrepot trader. The shipper of this bill of lading is the actual supplier, and the consignee is the agent of the entrepot trader at the transit port or the entrepot trader itself.
The second one is the bill of lading when the entrepot trader resells the goods to the final buyer. At this time, the shipper becomes the entrepot trader, and the consignee is the final buyer. This operation mode can effectively hide the information of the actual supplier and protect the business secrets of the entrepot trader.
However, the specific situation may also vary due to trade terms, logistics arrangements and consultations among all parties. For example, if the combined transport mode is adopted, there may be special situations such as a combined transport bill of lading, but the basic logic still revolves around these two main goods transfers to generate bills of lading.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Generally, there are two bills of lading. The first bill of lading is used from the origin to the transit port, and the second one is used from the transit port to the destination. This is mainly to meet the process needs of entrepot trade.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Under normal circumstances, there are two. One corresponds to the goods from the original place of production to the transit place, and the other corresponds to the goods from the transit place to the final destination, so as to complete the entrepot trade process.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Usually two. One is for the goods to be transported from the production place to the transit port, and the other is for the goods to be transported from the transit port to the final consumption place, which can better realize the entrepot trade operation.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Mostly there are two bills of lading. One is from the port of origin to the transit port, and the other is from the transit port to the port of destination, which is convenient for the transportation and handover of goods during the entrepot process.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Two bills of lading are common in entrepot trade. One records the goods from the supplier to the transit place, and the other records the goods from the transit place to the final customer.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Generally, there will be two bills of lading. One is for the initial transportation stage of the goods, and the other is for the continued transportation of the goods after transshipment, ensuring the smooth progress of the trade links.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Basically, there are two bills of lading, which are used for different stages of the goods transportation, that is, from the place of origin to the transit port and from the transit port to the final destination.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Most entrepot trades have two bills of lading. One is used for the previous section of transportation, and the other is used for the latter section of transportation to ensure the smooth transshipment of goods.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Two bills of lading are common. One is responsible for the transportation from the port of origin to the transit port, and the other is responsible for the transportation from the transit port to the port of destination to complete the entrepot trade.