The world of shipping can be complex. When working with a freight forwarder, you may come across many new terms. Understanding these terms is essential for keeping up supply chain momentum and avoiding unnecessary costs.
We’re breaking down some of the most important shipping and logistics terms, spanning across container management, storage, consolidation, and more.
Storage
Once a container arrives at a port of destination or terminal, it is unloaded and held on-site. Shipping lines typically allow a free storage window for importers or exporters to collect the container. If it’s not picked up within this timeframe, storage fees apply.
Delays in container pickup can happen due to customs clearance or paperwork issues. That’s why proactive planning is essential to avoid unnecessary costs.
At Stockwells, we draw on our own warehouses, fleet of trucks, and trusted third-party providers to ensure timely container pickup – helping you stay on schedule and within budget.
Detention
Detention fees are similar to storage charges but apply after a container leaves the port. If the empty container isn’t returned within the shipping line’s allotted free time, detention fees are charged.
These fees are designed to encourage the timely return of containers, keeping ports productive and containers in circulation for other shipments.
A clear port transport plan is key to avoiding both detention and storage fees. Stockwells’ logistics experts coordinate every step, from container hire to warehousing, giving you complete control over your supply chain.
Exports
Exporting is the process of sending goods from one country to another. It requires in-depth understanding of customs compliance, regulations and logistics.
As freight forwarding and logistics experts with over 50 years of operation, Stockwells manages your exports from end to end. We develop a tailored shipping strategy and guide its execution. Strong international relationships empower us to adapt when challenges arise and maximise efficiency across the board. Additionally, our client portal and 24/7 customer service takes the guesswork out of your export experience.
Account application
Before you begin your journey with a freight forwarder, you usually need to complete an account application. This establishes your business as a customer and collates key operational and financial information.
Our account managers guide you through this application process. By taking the time to understand your business and goals from day one, we’re better equipped to optimise your supply chain.
Consolidation
Consolidation describes when multiple smaller shipments are combined into a single large shipment. This is often used to minimise shipping costs and optimise space on a vessel.
When needed, Stockwells arranges consolidation on your behalf. Our end-to-end support allows us to simplify customs clearance while maintaining control over your goods.
Have a question about shipping and logistics?
We’re here to help you navigate the waters of freight forwarding. Please reach out to the Stockwells experts to learn more about your shipping needs.