IOR (Import of Record) is a imported activity in which the consignee carries out the imported procedure to clear customs and pay dity and tax of goods in his own tax code under the terms agreed with the consignor and receives a DDP charge.
Thus, we can understand that the Consignee will carry out the processing for imported shipment under its own legal name, but in fact, it is buying and selling for the Consignor. The remuneration that the Consignee receives is based on the Consignment Contract between the two parties.
Freight forwarding services are services of any kind relating to the carriage, consolidation, storage, handling, packing or distribution of goods as well as ancillary and advisory services in connection therewith, including but not limited to customs matters, declaring the goods for official purposes, procuring insurance of the goods and collecting or procuring payment or documents relating to the goods. Freight forwarding is the co-ordination and movement of goods from one place to another by one or more carriers by air, sea, rail or highway.
As one of the leading freight forwarders, TNT TRANSTRADING CO, LTD is committed to providing a diverse range of sea freight services with the best quality. For TNT TRANSTRADING CO, LTD., no place is out of reach. We
TNT TRANSTRADING Co., Ltd is a freight forwarder and contract carrier agent for many major airlines around the world with high flight frequencies, large payloads, and flights to most parts of the world.
Major airlines include: Singapore Airlines, Thai Airways, Malaysia Airlines, Japan Airlines, China Airlines, Eva Air, Korean Airlines, Asiana Airlines, United Airlines, Lufthansa Airlines, Air France, Cargolux, and Vietnam Airlines.
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