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1. What are the services of Speedmax?

Speedmax, a global service provider of logistic solutions offers a variety of fix for individuals or businesses who may have freight needs, whether domestic or international scale. Their services include International Air & Sea Freight Cargo Handling, NVOCC, Domestic Air & Sea Freight, Customs Clearance, Door to Door Delivery, Dangerous Goods Handling, Project Cargo, and FCL & LCL Inland Trucking services if you want them to take care of all the logistics operations of your company.

2. What does an international freight forwarding company do?

International freight forwarding companies take care of transporting freight or cargo from one place to another, usually across different countries. Hence the term “forwarding” to indicate the movement of goods. Usually, other companies hire freight forwarders to handle the logistics side of their business. Thus, international freight forwarding companies are usually the intermediary between the provider of goods and the recipient of goods. International freight forwarding companies have a network of delivery trucks, container ships or even airplanes in order to fulfill the delivery requirements of their customers via land, sea or air.

3. What is Non-Vessel Operating Common Carrier (NVOCC)?

Large organizations and companies often ship-in their requirements of raw materials and ship-out the finished goods. For this, they deal directly with the shipping lines or get it done through Freight Forwarders who offer service at the point of loading as well as unloading. They may hire containers for this purpose or ship as consolidated cargo, the costs of which they will recover easily.
However, small business units or individuals may find it difficult to deal directly with large shipping lines and freight forwarders as they might not need an entire container to ship their goods in or out. Such small business units and individuals may also not find it cost-effective to deal with such large companies.
This is where special agencies known as Non-Vessel Operating Common Carriers (NVOCC) step in.

NVOCCs make the entire process of importing or exporting cargo hassle-free and cost-effective by being the single point of contact for the customer. This arrangement is found to suit small and medium-sized organizations well.

4. What are Less Container Load (LCL) and Full Container Load (FCL)?

Less Container Load (LCL) is a shipment that does not fill a standard container or does not meet the FCL minimum. LCL shipments are usually combined with other shipments from other shippers/suppliers to fill a container and lessen the cost of shipping.
Full Container Load (FCL) fills a given container either by bulk or maximum weight. FCL Shipments are available in 20 ft. general purpose or standard container. Container specifications for maximum volume or weight allowed sometimes vary per shipping line. These containers are subject to considerably less handling as they are loaded in full.

5. What is the role of a logistics Company in our economy?

In the Philippines, logistics companies play a huge role in enabling the economic activity of the country. Since we are an archipelago, most logistics companies are diverse and can accommodate delivery requirements via land, air or sea. Logistics companies enables efficient transfer of goods around the country and in the world.

6. What is Bill of Lading?

A bill of lading (BL or BoL) is a legal document issued by a carrier (Transportation Company) to a shipper that details the type, description of goods, quantity, and destination of the goods being carried. A bill of lading also serves as a shipment receipt when the carrier delivers the goods at a predetermined destination. This document must accompany the shipped products, no matter the form of transportation, and must be signed by an authorized representative from the carrier, shipper, and receiver.