To Reduce the Shipping Cost

1.        Insurance, appointed an origin shipping agent to arrange the insurance, the rate will be much better.

Buy insurance from a third party. While shipper or carriers charge about 80 cents for every $100 of insurance, third-party companies like your shipping agent charge about 45 cents. The savings can add up, Mitchell notes, if you frequently ship expensive items.

2.    Buyer consol, appointed a good origin shipping agent as your collection hub to collect all the shipment

arrow the country, as you know not only courier, but also air freight, sea freight has min charges, if you have 10 suppliers, each supplier has 0.2cbm goods, and then collect it all by one shipment to export, that will reduce much shipping cost. Below also is a good way to collect different shipment.

LTL (Less than a Truck Load), if the goods between 100kgs to 3000kgs, this is the best way to collecting.

National Courier: for small shipment up to 100kgs, the National Courier will be lower than Fedex, DHL, TNT.

3.    Arrange the shipment by nearest loading port.

So many countries have Few Main Sea port or Airport, they also have so many different Feeder Port, China for instant, if the exporter locate in the Mid of China, you can arrange the shipment FOB Feeder Port instead of to arrange the trucking to Shanghai port, as you know, the Feeder charges will be much better than Road transportation.

4.    Reduce international bank transfer charges.

As you know, the international bank transfer charges are not low, normally between USD20 to USD80, especially for you to purchase small order or sample from different export. In this way, you can check with your origin freight agent whether they can provide the money transfer services for you.

For example, if you purchase 5 different products from 5 different suppliers, you can transfer all the products money and shipping charges to your agent, and then your shipping agent to help you to transfer the product money to your different supplier, this way can save your bank transfer charges.

In other words, if the product money is much higher than shipping cost, suppose it will be very difficult for your shipping agent to bear the extra Tax, so you can transfer the shipping freight to your exporter together with your products money, and then ask your seller to transfer the shipping freight to your shipping agent.

5.    Arrange the shipment to an origin freight agent.

If you find a destination freight agent, the destination agent also need to find an origin freight agent to handle your shipment, and they also will markup the shipping freight basis on the origin shipping agent. To arrange an origin freight agent, you also can get the first hand shipping information and status to avoid transfer again and again.

You also can extend and control your supplier chain by yourself, to change FOB terms to Ex.works or FCA terms, In this way, you can reduce your shipping rate to the maximum