Tag
#Credit Control
Getting Paid: Credit Control for Freight Forwarders
Forwarding lends money whether it means to or not. The strongest debt-recovery tools you have are already in your trading conditions, most forwarders have never read them properly, and in the UK they changed on 31 December 2025.
Vetting Overseas Freight Agents: What to Check Before You Trust One
Every shipment is executed at the other end by a company you have never met, in a jurisdiction where suing them is impractical. What to check first, and what network protection plans really cover once you read the terms.
Trade Credit Insurance and Credit Control for Freight Forwarders
A forwarder often pays carriers, haulage and duties before the customer pays it. Here is how to check a customer, set a limit, decide when to hold cargo, and where trade credit insurance fits.
Standby Letters of Credit and Demand Guarantees: A Forwarder’s Guide
A carrier wants security before opening a credit account, or a project-cargo customer wants a performance guarantee. Both a standby letter of credit and a demand guarantee will do it, and both tie up a bank line the moment they are issued.
Freight Payment Terms Explained: Net 30, Net 60 and Net 90 for Forwarders
Net 30, 60 and 90 are not about who pays the freight bill, they are about how long a shipper gets to pay it after the invoice is raised. For a forwarder whose own upstream costs often come due much faster, that gap is a cash flow problem to manage, not a detail to skip past.
Business Email Compromise and Bank Detail Fraud in Freight
Payment-diversion fraud does not steal cargo, it steals the invoice: a convincing email changes the bank account and your money, or your customer's, goes to a criminal. This guide covers how it works in freight, the controls that stop it and the first hours after a loss.
Abandoned Cargo and the Forwarder’s Lien: What to Do When a Consignee Disappears
When a consignee walks away or a customer stops paying, the forwarder’s lien is leverage, not a licence to sell. Here is how the lien, the carrier’s charges, customs deadlines and a lawful sale fit together.
Agency Agreements, Profit Share and Agent Settlement for Freight Forwarders
Most overseas agent relationships run on a handshake, a rate sheet and a running balance. This guide covers the agreement, the profit-share models, how debit and credit notes are settled, and what to do when an agent stops paying.