Dealing with product freight is one of the things that an importer has to look into. Though you have applied for the CIF terms already, it is still important that you learn how to deal with shipping your product by your own. This will help you avoid having your products getting lost in transit as well as in maximizing your profits.
CIF is one of the commercial terms used for INCOTERMS which is published by the International Chamber of Commerce and is used widely in international commerce transactions. In the CIF, the importer or the seller is the one who pays for the maritime freight as well as the insurance charges to the point of destination. The inherent risk that is associated with the shipping is transferred to the buyer once the product has crossed the ship’s rail.
This is where you will decide if you want to use a freight forwarder in your own country or you want to find a local one in China. Though finding a freight forwarder of your own country is easier, the service charged in developed countries like the United States is much higher than in China. Though you can find reliable freight forwarder from China to USA, their service charge is much cheaper with the low cost of labor, lower exchange rate, and other factors.
The thing that you need to do is to find the Freight service provider that is large, reliable and is able to offer service that is of high quality. There is a way to speed up your search and that is through posting a topic on international business websites or inquiries to listed forwarders, and once you receive responses to this, evaluate the Chinese Freight Providers that responded to you if they meet your standards. Evaluate them based on their credit worthiness, reliability, and their ability to provide prompt and professional service of freight forwarder.