What is NVOCC and How Does It Benefit Global Trade?
Do you wonder why is NVOCC a widely used term in the logistics industry and what does it mean?
NVOCC or Non-Vessel Owning Common Carrier, is a cargo consolidator who acts as a middle-man for shipping companies and their customers. They do not own shipment vessels but look after the sales, loading and transportation of the containers to gateway ports.
An NVOCC makes the process of shipping easier for the customers as they help to overcome several challenges. In day to day life we can consider a NVOCC as a broker who acts as a medium to communicate with the house owner.
Here are some functions of NVOCC Company:
- Issue of Bill of Lading.
- Publishing tariffs.
- Works as a trade-maker for container shipment.
- Handling booking and booking space for cargo.
- Organizing cargo movement.
- Negotiating contract rates with several carriers.
- Conducting consultation, preparation, and processing work for various shipment documents.
Along with the above, a reputed logistics company in India like Total Transport offers secure and cost-effective contracts with multiple carriers and also specializes in ISO tanks.
A renowned NVOCC shipping company ensures fair and competitive pricing to our customers by providing transparent tariff publishing. Their skilled team also manages your cargo booking and space allocation and makes sure to offer the best shipping options with major carriers. Additionally, an NVOCC company takes care of safe and timely loading and unloading. They also have a dedicated support team that is always available to assist with logistics needs, ensuring a smooth shipping experience.
Significance of NVOCCs in global logistics:
Being a part of the global market has been possible for a variety of small and large scale businesses due to globalization. However, logistics can be a little complex, especially for the newcomers. This is where NVOCC comes in and streamlines the process for them.
From streamlining the shipping and documentation for shippers and ensuring cost efficiency during transportation, NVOCC offers a helping hand to these businesses. Let us understand in detail why NVOCC Shipping is important:
Perfect Partner for Small-Scale Companies:
For small-scale businesses, managing international shipping can be challenging due to high costs and complex logistics. A NVOCC shipping company can bridge this gap by offering cost-effective, flexible, and reliable shipping solutions tailored to smaller shipments. An established name in the industry like Total Transport, offers consolidation services that allow businesses to ship in smaller quantities while benefiting from economies of scale, making global trade accessible without the need for full-container loads.
Better Shipping Rates:
A NVOCC company has strong relationships with major shipping lines, they negotiate competitive freight rates that would otherwise be difficult for smaller companies to secure independently. By consolidating multiple shipments they ensure the clients get the best shipping rates without compromising on service quality.
Personal Touch:
Unlike large-scale logistics providers that focus on bulk shipments, NVOCCs offer personalized support to the clients. As mentioned above, a reputed logistics company in India like Total Transport has dedicated sales and customer service teams that work closely with businesses to understand their specific needs, providing customized solutions and hands-on assistance throughout the shipping process. This approach ensures that every client, no matter their size, receives the attention and expertise needed to streamline their logistics.
Better Connectivity:
With a global network, they provide businesses with seamless connectivity to international markets. Whether it’s Less-than-Container Load (LCL Shipping) or Full-Container Load (FCL) shipping, NVOCCs ensure timely and efficient transportation, helping businesses expand their reach and compete globally without logistical constraints.
Simplified Documentation Process:
International shipping involves a complex documentation process, from Bills of Lading to customs clearance and compliance paperwork. NVOCC shipping companies simplify this for their clients by handling the preparation, processing, and submission of necessary shipping documents. Due to their expertise they ensure accuracy, reduce delays, and help businesses navigate international trade regulations with ease.
Conclusion:
All these above benefits enable a NVOCC to empower small-scale businesses to trade globally with confidence and efficiency. Thus, with the right NVOCC partner like Total Transport who has the right contacts and efficient management, your shipping needs can be resolved with ease.
Feel free to reach out to Total Transport for any further queries related to NVOCC or logistics. We’re ready to assist you and help find the right solution for your business.
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