The distinction between NVOCC and Freight Forwarder

 Before jumping right in let us understand what exactly is an NVOCC and a Freight Forwarder

A Non-Vessel Operating Common Carrier( NVOCC) performs the functions of an ocean carrier but doesn't operate the vessels. Instead, an NVOCC buys space from carriers and sells this space to shippers.  

Freight forwarders are experts within the force chain who concentrate on the logistics and physical transportation of weight. They work with any carrier in the transnational transportation process which handles moving goods via truck, boat, aeroplane or a combination thereof. Think of them as a trip agent for your products who'll not only arrange to transport from colourful points in the trip but will also help grease that transport. They're your conduit with domestic and transnational carriers. 

 

NVOCC vs. Freight Forwarder: Points of Distinction

  • All freight forwarders are not NVOCCs but one has to be a freight forwarder to be an NVOCC.

  • NVOCCs always arrange ocean transportation; freight forwarders may arrange ocean, air or inland transportation up to a specified point in the trip where the importer’s( or buyer’s) agent takes control of the movement of goods grounded on the Incoterms 2020 rule agreed upon by the dealer and the buyer. 

  • NVOCCs are permitted to add a profit chance to their rates. Freight forwarders are only allowed to add functional freights. 

  • An NVOCC is a conciliator between the shipper and the vessel driver and issues their bills of loading. A freight forwarder is an authorised agent acting on behalf of the shipper. For a fresh figure, the freight forwarder will induce the needed documents, file your electronic import information through the Automated Export System( AES) and give other services. 

  • While both ocean freight forwarders and NVOCCs must gain an Ocean Transportation Central( OTI) license from the Federal Maritime Commission( FMC), the conditions for carrying one are different for freight forwarders and NVOCCs.


The Best Digital Freight Platform

Patang Freight Digital platform is a state-of-the-art platform for your customers. Their objective is to incorporate integrated logistics solutions which can enable your clients to manage their shipments digitally and ensure robust automation of their processes.

Their digital platform brings the most convenient mode to track active shipments, view bookings, manage invoices & documents, and explore statements of accounts, all in one place!

Patang’s web, mobile and WhatsApp interfaces, Patang platforms help customers and shippers Patang’s web, mobile WhatsApp interfaces, and Patang's digital platforms help customers and shippers to easily track, transact, and manage all their shipments.

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