At Mercator Cargo we closely monitor worldwide manufacturing and sourcing trends. The recent increase in trade from Vietnam shows the move away from China to other countries, demonstrating the region as one potential new area for traders and manufacturers looking to source cheap, reliable products.
This, of course, is nothing new – like the move away from Europe to China which has prevailed in the previous decades, driven by the increase in the standard of living in China which has increased labour costs driving up manufacturing costs.
The latest move by the USA President, Donald Trump, to increase tariff/duty rates on goods from China will add further pressure to the Chinese manufacturing community. Many US Companies are looking to source goods from outside of China. It makes sense for the rest of the world to follow this trend and begin to look elsewhere, facilities manufacturing goods for the USA will also be able to manage the production of goods for the EU and the rest of the world.
We have excellent partners in Vietnam who not only can provide us with low freight rates for both air and sea, but who can also assist in finding trusted, reliable partners for your manufacturing and sourcing needs. We can also bolt on added services such as warehousing and consolidation.
As Vietnam, and other Asian countries continue to grow we forecast these markets will be the “new” China in a few years’ time, and we are excited to be at the forefront of this new era.
Make sure that you choose a well-established and reputable freight forwarder who has direct connections locally in Vietnam. If you would like to discuss any aspect of shipping or supply chain from Vietnam or you would like a quotation, then get in touch: +44 2392 756 575 or email sales@mercatorcargo.co.uk
Mercator Cargo has been running for over twenty years now and is still run and managed by the same founding family. Mr Paul (our MD) has been in the industry for almost forty years, and our imports and exports team have extensive knowledge of the freight forwarding industry.
Mercator Cargo is an independent freight forwarder. But what does this mean to you as the import or export customer? Traditionally, independent freight forwarders have had the means and the advantage of offering their customers a high quality personal service.
An independent freight forwarding outfit has excellent capabilities of being flexible with their customers, and the ability to be agile and respond quickly to their customers’ need for convenience. By having this valuable service, good rapport with customers, and formed links with other independent freight forwarders (via a global network), independent freight forwarders have the ability to offer just as comprehensive freight forwarding service, if not a better service than larger logistics companies.
The advantage of an independent freight forwarder being a part of a global network, is also something which can set apart one forwarder from another. Mercator Cargo is a founding partner of the independent freight forwarder network Marco Polo Line. The global network is made up of other independent freight forwarders from all around the world. The advantage of being part of this network includes having personal contacts in almost every country in the world, local knowledge around the globe, ability to offer door-to-door services in most countries, and tried and tested worldwide partners.
Independent freight forwarders, such as Mercator Cargo, have traditional strengths of innovative and bespoke premium services, teamed with the added value of thorough knowledge of their clients businesses and service.
If you’re looking for a reliable service from an independent freight forwarder, then call us today to discuss your shipping needs – Tel. 02392 756 575. Email: sales@mercatorcargo.co.uk.
Shipping containers have been used since the 1950s when they were invented by an American trucking businessman. Since then, freight forwarders, importers and exporters have used shipping containers for the transit of all kinds of goods.
Prior to freight forwarders using 40 foot or 20 foot containers, ships hulls were loaded manually by dock workers, box by box, piece by piece. This is a time consuming job, and sometimes these big shipping liners spent more time at the docks than they did at sea.
Now, using shipping containers, freight forwarders can get their cargo off the shipping liners within hours, rather than weeks. Their uniformed sizes mean that they can be easily transferred from ship to dockside, to truck, to train, and so on.
These rather simple developments in freight forwarding have dramatically decreased costs involved in importing and exporting goods.
If you have a full container load, or even a less than container load, of cargo to be exported or imported, then get in touch today to discuss our freight forwarding services available – Tel. 02392 756 575. Email: sales@mercatorcargo.co.uk.
If you are new to importing or exporting from the UK, you may be wondering what a freight forwarder does, what their role with your company should be, what they can offer, and what the responsibilities of the importer/exporter (i.e. you) versus the freight forwarder are.
To cut the jargon, the freight forwarder (the person or company that you appoint to handle your shipment) will do just that – they will handle your shipment for you. Freight forwarders oversee the worldwide movement of goods from country to country, and can offer services such as packing, documentation and customs clearance on behalf of exporters and importers.
Your freight forwarder should be able to offer any kind of level of service you require. For example, if you are completely new to importing and exporting your goods, you may wish your freight forwarder to arrange all aspects of your shipment. This might include a door-to-door delivery (i.e. arrange the collection of goods, and delivery of goods to the door for your chosen destination), insurance, customs clearance, and all services required to deliver goods from one country to the next. However, you may decide that you only wish for a delivery from door to port, or from port to door, and so on. Mercator can offer either a fully comprehensive freight forwarding service, or arrange smaller aspects of your shipment.
So what kind of role do you wish your freight forwarder to have with your company? Again, this entirely depends on your needs and the needs of your business. If you are a first time importer, or exporter, you may wish to make initial contact with your freight forwarder before committing to any international trade with other companies. Mercator Cargo can offer you advice on buying terms from abroad, provide quotes for exports from the UK so you can inform your buyers, and also advise what you can or cannot import from country to country. Our experienced team of freight forwarders can offer as much “hand holding” as you require.
What are your responsibilities, and what are our responsibilities? In a nut shell, our responsibilities are to get your goods to its destination for you as instructed, to inform you every step of the way of your shipment, and to provide reliable advice relating to your shipment. Your responsibilities as an importer or exporter vary from shipment to shipment. You are required to declare your goods accurately (i.e. if a declaration is made on your behalf as instructed, and it is not accurate, you are liable for this, not the freight forwarder), therefore it is essential you advise your freight forwarder of the accurate nature of your goods.
If you think that you might need the services of a freight forwarder, then give us a call, we will be happy to discuss your freight forwarding needs with you – Tel. 02392 756 575. Email: sales@mercatorcargo.co.uk.
If you are importing goods into the UK for the first time, you will need to understand ‘customs clearance’ and your responsibilities with regards to paying VAT & Duty on your import. As freight forwarders, we can handle your customs clearance for you.
If you do not yet have an EORI Number (Economic Operator Registration and Identification) then you will need to contact HMRC to obtain one. This number will be used as a reference when dealing with any customs matters relating to your shipments. It is a requirement to have an EORI number when importing goods into the UK, and it is fairly straight forward to obtain one (generally it takes less than a week to obtain this through HMRC).
I have my EORI number, what else do I need to know? The following list details some other aspects you will need to know/have before you import your goods:
What do I actually need on the day of import? In order for your goods to clear customs, you will need to have the following sent to us in advance of the import:
These documents will not only allow us to proceed with customs clearance, but will also allow us to calculate the amount of VAT and duty payable (this can be worked out in advance if required).
If you choose us as your freight forwarder to handle your import into the UK, and decide for us to handle your VAT & duty payment to HMRC, we will require the cleared funds to be able to release your shipment.
If this sounds intimidating, then please do not despair! As experienced freight forwarders we are here to guide our customers through this process, and are happy to provide a “hand holding” service for those new to the process.
Give us a call today if you have any questions about your import shipment with us – Tel. 02392 756 575. Email: sales@mercatorcargo.co.uk.
If you are looking to begin international trade: buying your goods outside of the UK and importing them, there are some terms of delivery which you will agree with your supplier that are important that you understand.
It is generally advised that you use ‘INCOTERMS’ when buying your goods internationally. INCOTERMS are a set of rules which have been issued by the International Chamber of Commerce. The terms outline both the buyer’s and the seller’s obligations and risk under given terms of delivery. The precise nature of these terms and their definitions can prevent misunderstandings between the buyer and seller and their obligations.
The following are the main terms used for delivery (there are many others, but generally these are the ones to know about).
EXW – Ex Works. The buyer is responsible for the door to door transport costs, destination taxes and duties, and marine insurance. It is the buyer’s risk from door to door.
FOB – Free on Board. The seller is responsible for charges up to and over the ‘ship’s rail’ (the ship’s rail being the point where the container is lifted off the quay and over the side of the ship). It is the seller’s risk up to and over the ship’s rail.
The buyer is responsible for the shipping costs from the port of departure to the place of delivery, marine insurance from the port of loading and destination duties and taxes.
CFR – Cost and Freight. The seller is responsible for the FOB charges and ocean freight up to the named port of destination. It is the seller’s risk up to the FOB.
The buyer is responsible for unloading from the ship, duties and taxes, and local delivery to the destination and marine insurance from the FOB.
CIF – Cost Insurance Freight. Same as CFR (above), but the seller arranges and pays for the marine insurance up to the buyer’s door.
We can offer all levels of service, from arranging every single aspect for you (e.g. door to door delivery, insurance, customs clearance, VAT & Duty payments, and so on), or just one part of your shipment for you, for example the ocean freight.
If this has left you baffled and you’re not sure what to do next, then give us a call to discuss your shipment. We’d be happy to help you make sense of this and assist you with arranging your import into the UK – Tel. 02392 756 575. Email: sales@mercatorcargo.co.uk.
If you haven’t dealt with international trade before, the business of importing your goods into the UK might seem like a bit of a challenge.
It is a good idea to appoint a freight forwarder with the required knowledge and experience to assist you with your shipments.
Not only can a good freight forwarder arrange the actual shipment for you from A to B, but they should be able to impart some useful advice when it comes to buying your goods abroad.
When buying your goods, here are some pointers that you may wish to think about before signing anything with a supplier:
– Ensure you know how much your goods are going to cost;
– Make sure you know how much it is going to cost to transport your goods to your warehouse;
– Make sure you investigate as to whether there are any restrictions on the goods you wish to import into the UK (an experienced freight forwarder will be able to advise);
– Ensure that your contract of purchase is sound;
– Make sure that you will get your goods once you have paid, or have legally agreed to pay.
These are just a few pointers to consider when looking to import into the UK. If you are at this stage, then it will be worth contacting a freight forwarder to obtain a quote for the importation of your goods. An experienced freight forwarder will be able to offer you a variety of different levels of shipping services – for example, a comprehensive service from door to door, including all insurance, customs clearance, VAT & Duty payments to HMRC etc, or just an aspect of your shipment, for example just the ocean freight.
If you’re looking to import goods into the UK, then contact Mercator Cargo today, our family-run business can offer you support and advice when it comes to importing for the first time – Tel. 02392 756 575. Email: sales@mercatorcargo.co.uk.
Mercator Cargo has been handling regular imports from South Africa to the UK for many years now. We are an independent freight forwarder, based in the UK and have a team of experienced forwarders with experience in importing from South Africa.
We have recently seen trends for vehicle imports from South Africa. These are either an individual purchasing a vehicle for their personal use, or a business buying stock for their UK market.
Another field of our experience in importing from South Africa are used, and in some cases, classic cars. The climate in South Africa means vintage cars are, for the most part, not affected by rust or perishing. We have imported a number of interesting vehicles over the years, and are in regular contact with some vehicle sourcing and exporting companies.
As part of a worldwide network of freight forwarders, we have personal contacts around the globe with local knowledge. Our Partner in South Africa is able to assist with Export Customs, transport and other associated activities. We can advise our customers on all aspects of exporting from South Africa to the UK. Our services for importing from South Africa can be fully comprehensive including insurance, door-to-door imports, or as little as arranging your ocean or air freight.
If you’re looking for a freight forwarder with experience in importing from South Africa, then give us a call today to discuss your requirements – Tel. 02392 756 575. Email: sales@mercatorcargo.co.uk.
10, St George’s Business Centre,
St Georges Square,
Portsmouth, PO1 3EZ, UK
Mercator is a family-run, UK based independent freight forwarder, offering highly effective sea, road and air freight services around the world.
