The Hoboken, N.J.-based consolidator said most Chinese agents do not deal directly with airlines, but rely on co-loading with other agents to get access to space and rates. Shipco said the “multiple lines in this chain” result in inflated costs and limited control over cargo for American freight forwarders and customs brokers.
Through the Shipco/UAT partnership, the American forwarder or broker makes the booking with Shipco. Shipco in Shanghai will follow up with the shipper and ensure the cargo is brought to UAT for shipping to the United States.
Since shipments will be on a “collect” basis, invoices are settled directly with Shipco in the United States, eliminating the need for any overseas transactions, Shipco said.
Shipco and UAT’s cooperation provides forwarders and brokers indirectly with access to contracts and capacity agreements with about 50 airlines serving nearly every customs airport in the United States, Shipco added.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now