In addition, you should contact your shipping company for more specific information regarding pallet size, weight, and design. Also, your freight forwarder can offer packing services or information about packing requirements for different countries. Most likely, it will be easier to use a freight forwarder who can assist with the entire shipping process rather than separate shipping and packing companies. The purpose of cargo insurance is to protect the cargo owner's financial interests while their cargo is exposed to the risk of transit. Air and ocean carriers provide limited coverage while a shipment is in their possession.
Cargo insurance requires a bill of lading, which states the liability assumed by the carrier.
When an exporter files a claim against a carrier, it has to prove that the carrier is directly responsibility for the loss. Outlets for obtaining cargo insurance are a freight forwarder or a company specializing in ocean and air cargo insurance. Back to Top Shipping Systems Goods can be moved to the foreign markets by sea, air or land transportation. When selecting a mode of shipping, it is necessary to consider product characteristics such as size and value, destination, perishability, the required speed of delivery and cost. Compatibility with the other elements of your distribution system such as packaging, warehousing, inventory control and handling should influence the decision as well.