The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

Importing from China - Freight forwarding help required

Anything related to sourcing or importing products.

Zaent

New Contributor
User Power
Value/Post Ratio
36%
Aug 5, 2017
11
4
31
Scotland
I'm looking to ship heavy fitness equipment to the UK, around 1200kg worth. It's costing me £1500 and the items are about a cubic foot in size (50 of them) - so like 7 cubic feet.

I've seen FOB (free on board) shipping being recommended over CIF and CFR, but it means I have to arrange my own freight forwarder right? (not sure). Does anyone know of a thread where this stuff is explained on the forum, or an article somewhere? I can't find anything that tells me the best ones to use.

Really I'm just wondering what the easiest way to do this is? (as long as it's not ridiculously expensive I don't mind it cutting into margins a bit).

I've heard DDP freight forwarders handle VAT etc and can save me hassle, but I'm not sure how I arrange this.

Do I need to put the freight forwarder in touch with the manufacturer/supplier?

Any help here is greatly appreciated
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Walter Hay

Legendary Contributor
EPIC CONTRIBUTOR
Speedway Pass
User Power
Value/Post Ratio
401%
Sep 13, 2014
3,318
13,305
World citizen
I have transferred your question to my AMA; GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist.

Various aspects of your question have been dealt with there, but with the changes to INCOTERMS (Shipping terms) last year for the first time in over 9 years all importers on the forum will need to bring their understanding of these vital terms up to date, so I will post my answer there.

Walter
 

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top