Real-Life Stories of Cross-Border Transport Pitfalls: Five Types of Unnecessary Expenses That 90% of Foreign Traders Incur
During cross-border transportation, many foreign traders waste significant funds due to inexperience or oversight. The first type of unnecessary expense stems from improper packaging. Some cargo owners cut costs by choosing substandard packaging materials, only to find their goods damaged during transit. This not only leads to cargo losses but may also trigger customer claims, resulting in greater financial harm. The correct approach is selecting suitable packaging based on cargo characteristics and reinforcing it when necessary.
The second type involves additional charges from unfamiliarity with destination port policies. For example, certain countries impose strict import restrictions and high tariffs on specific goods. Failing to understand and declare these in advance can lead to hefty fines and detention fees upon arrival. The third is the premium freight cost caused by late booking. During peak seasons, with tight shipping space availability, last-minute bookings often incur higher prices. Foreign traders are advised to communicate early with freight forwarders to lock in space and rates. The fourth type results from document errors, like incorrect bill of lading information or improper customs declaration forms, causing customs clearance delays and additional amendment fees. Finally, overlooking insurance exposes traders to full risk costs—any accidents during transit will result in self-financed losses.