Professional Documents
Culture Documents
Co Loader Consol
Co Loader Consol
com
In this guide, you will find all information you need about co-loader.
So, if you want to learn everything about co-loader read this guide.
Who is a Co-Loader?
What does a Co-Loader do?
What are the benefits of Co-loading in International Shipping?
What is Co-loading in Shipping?
How does Co-loading work?
What is the role of Co-Loading Freight Forwarding?
Is Co-Loading similar to LCL and LTL?
How do I pay Charges owed to the Co-Loader?
What is the difference between Co-Loader and Freight Forwarder?
How and where does a Co-Loader get Loading and Discharging
Rights?
Is Co-Loader in Ocean Shipping and NVOCC the same?
Do Co-Loaders Control Vessel Operations at Shipping Ports?
Does Co-Loader mean carrier?
Is Co-Loader the same as Slot Charterer, or is there a difference?
Elearningtancang.com
Loading ship
This is to enhance the safety of your goods. The last function is to transfer
the shipping rights to either the consolidator or freight forwarder.
When you purchase goods that cannot fill a container, your forwarder will
consolidate them with other shippers. The consolidation process helps in
filling a full container before the shipping process begins.
These goods are consol goods and are usually of the same characteristics in
packaging and palletization. This helps in their safe shipping to your
destination.
Shipping Cost
This cost is less compared to the cost of hiring a whole container. You,
therefore, pay less for shipping your goods.
Safety of Goods
This reduces the shipping lead times due to the faster unloading of goods.
You can therefore plan for your shipment in advance.
Elearningtancang.com
The main benefit you expect as a recipient when using co-loading is it helps
in reducing your inventory. This is because you can estimate the duration to
expect your goods and the stock you have.
You don’t have to stock up for fear of the late arrival of your shipment.
Once you have contacted them and they have your goods, they search for
other shippers and consolidates their goods with yours.
The fee varies depending on the size of the container and other factors.
This reduces the overall cost of shipping which reflects a lower cost of the
goods. Through co-loading, the customs clearing process is fastened.
Elearningtancang.com
The co-loader presents the goods to the customs authority, and you submit
the original documents hence facilitating customs clearance.
Standard payment methods that you can use are; letter of credit and cash
payment.
A co-loader usually consolidates the goods and hands them over to a freight
forwarder.
They get these rights after paying for slots that are available onboard the
particular vessel.
This is because they don’t operate their shipping vessels. They instead hire
space in shipping vessels from where they ship their customers’ goods
Bill of lading
You must present this document to your co-loader before they accept the
receipt of your goods. The bill of lading helps in calculating the charges to
levy on your goods by your co-loader.
Shipping documents
Failure to have proper documents leads to the customs not releasing your
goods once they arrive at the port of destination.
You should therefore contact your shipper for these documents before
heading to the customs.
Elearningtancang.com
Delay can also affect the demand of your gods since your customers can
start looking for alternatives.
The shipping process under back-to-back involves the use of a single master
air waybill.
Back to ack method involves shipping your goods under one master air
waybill.
Elearningtancang.com
Air Waybill
Elearningtancang.com
This implies you’re your forwarder books space on a carrier to ship goods
exclusively belonging to you.
The advantage of this is it reduces damage risk on your goods during the
shipping process.
It is also timely, which helps in reducing the lead times for your goods.
However, it is an expensive method to use since you have to pay for the
entire space that your forwarder books.
It is a cost-effective method of shipping since you only pay for the space
that your cargo occupies. The advantage of this method is the destination
of all the consolidated goods is the same, which reduces the loss of goods.
However, the chances of damaging your goods are high, meaning you have
to counter-check the goods when unloading.
This is because consol goods are just like any other imported goods which
attract a specific levy.
The amount to pay depends on various factors such as the volume of your
cargo and the nature of the gods you are importing.
Insurance Fee
You must pay this levy as it covers loss or damage to your goods while in
the hands of your co-loader. Given the nature of loading and unloading your
cargo y the co-loader, you must pay this charge.
Elearningtancang.com
Administration Fee
Your co-loader is responsible for handling your goods before they hand
them over to a 3PL or a forwarder.
During this period, they should administer authority over your goods, and
you have to pay for them.
The administration fee covers things like the protection of your goods, the
loading and unloading processes.
Documentation Fee
There are various documents that you have to sign before handing your
goods to your co-loader. These documents indicate that you are allowing
your co-loader certain rights over your cargo.
You, therefore, have to pay for these documents before they accept your
goods.
Service Fee
Different co-loaders offer varying services for goods. For instance, some
offer packaging and labeling of your goods before loading.
For special goods, such as perishables, you have to use special containers.
The cost of consolidation depends on your cargo size and the space that it
occupies on the container. The higher the volume, the more you are going
to pay.
Services
Elearningtancang.com
There are different services that your co-loader can offer to your cargo. for
instance, packaging and labeling your shipment as per the shipping
procedure.
You, therefore, need some of these services which your co-loader can offer.
However, these services come at an expense which you have to cover.
Demand
Shipping depends on the seasons and demand for your various goods.
During the off-peak seasons, most co-loaders offer incentives to lower the
shipping cost.
This means you pay less during the off-peak seasons. However, during the
peak season, demand is higher, which results in co-loaders increasing their
prices.
Documentation Fee
For instance, when you hand your co-loader the goods to handle, and you
have to sign an authorization document.
These documents come at a fee which you have to pay your co-loader.
Government Regulations
There are levies and taxes in certain jurisdictions that you have to pay your
co-loader before handling your goods.
Certificate of origin
Bill of lading
Commercial Invoice
Insurance certificate
Letter of credit
Packing list
Certificate of conformity
However, you can expect the customs documents to request additional
documents if you are shipping restricted goods. This varies depending on
your port of destination.
Product Compatibility
Goods that require palletization can be in the same container for adequate
packaging.
Container Packing
Co-loading works best if you can ship all your goods in one container. This
reduces the overall shipping cost compared to shipping in different
containers.
Before co-loading, you can check on the nature of your goods and f they
can fit in one container.
Elearningtancang.com
Geographical Destination
You have to align all the goods under co-loading to head in the same
geographical route.
This helps in the timely and safe loading and unloading of your goods.
While packing such goods, those whose destination is near the port of
origin should be packed last. This facilitates the unloading process.
Scheduling
You should align the arrival of the goods in a particular sequence for
effective loading. The loading process should consider the unloading dates
for the various products.
Best practice involves those goods whose destination port is last arriving
first for loading. This allows for unloading goods whose destination is near
the port of origin.
However, both DIY and hiring a 3PL have their benefits and limitations.
A DIY approach is best suited for larger organizations that understand the
shipping process. Such organization can leverage their data and networks to
find a suitable partner for co-loading.
Most 3PL have existing networks and shippers who want to use their
services. This makes it easier for them to operate the co-loading process on
your behalf.
The only problem with this is you have to select a 3PL who can effectively
handle your shipping.
Elearningtancang.com
Active co-loading requires you to change your processes, while passive co-
loading does not need you to do so.
Nature of Goods
Elearningtancang.com
Co-loading is not ideal for all goods, which limits its use. for co-loading to be
effective, you have to check on the nature, size, and dimensions of the
goods.
Goods that are not of the exact dimensions, nature, or size are not suitable
for co-loading, limiting their use.
Complicated Scheduling
As a co-loader, you have to make prior arrangements for the goods before
shipping. This involves making several contacts for goods to fit your
container.
If possible, you have to reschedule the timing for all the goods to coincide
with the shipping date.
This can be tiresome and requires patience, especially if the goods have
varying arrival dates.
Delayed Shipping
Such an arrival delay can affect the demand for your goods.
You can consider co-loading for goods which are of the same size.
These goods are easy to maximize loading on a container. This reduces the
overall shipping cost while offering safety.
You can also consider co-loading goods from the same industry.
This is because these goods have the same handling process, and you can
also maximize the space on your container.
Elearningtancang.com
Other types of goods that you can co-load are goods that are heading in the
same geographical route.
When packaging these goods, you start with those whose destination point
is further away from the port of origin.
This helps in the safe loading and unloading of goods, which is vital in
enhancing the safety of your goods.
Passive Co-loading
This type depends on the coinciding of different shipping factors like time,
direction, and shipment size.
If the various cargoes coincide with these factors, then your co-loader loads
them in the same container.
The main limitation of this type of co-loading is the availability of goods that
align with the shipping factors of your goods.
Active Co-loading
This is because you are sure of the shipment of your goods hence reducing
the warehousing cost.
Co-loading offers a quicker shipping option for your goods. This is because
your co-loader consolidates the goods before handing them for shipment.
Faster shipping reduces the lead time hence which reduces the warehousing
costs.
Co-loading helps in reducing the shipping cost. This is by paying for the
space occupied by your cargo in a container.
You can get incentives if you choose a single freight forwarder. The best
option is to shop around for an ideal freight forwarder before engaging
them.
Co-loader Rates
Different co-loaders offer varying co-loader rates, which you must factor in
before you engage an ideal one.
When selecting a co-loader with the best price, you should also check on
the quality of their services. This is because safe handling of your goods is
critical.
Services
Elearningtancang.com
For instance, there are co-loader who will accept your goods after you have
packed them while others offer to do this for you.
An ideal co-loader should offer you all the services you want for the safe
shipment of your cargo.
Certified