Cross trade grows at a constant rate throughout the world year after year thanks to globalization. We witness many types of logistics operations, sometimes importers or exporters have the need to ship to other countries without even being present. Just as in other sectors of society, technology has proven to be a solid support. In the case of international logistics, this is also a factor of innovation and maximum performance. Due to this phenomenon, services such as triangular operations or Cross Trade have gained more and more popularity; since both due to their characteristics and their advantages, they are usually the only option that many consider to move their merchandise. Although this is a relatively common service, it is well worth reviewing its main characteristics and contributions in companies.
Cross trade is also known as triangulated operation, cross-selling or cross-border trade. In general, it is an operation in which a specific cargo is moved from the point of departure to the destination without having to enter the country in which the exporter is registered. During this process, a third person fulfills a vital function since he is a mediator who, between the buyer/Importer and the seller/manufacturer, is in charge of carrying out all the paperwork, receiving payment from the buyer and sending it to the seller so that in the end the latter sends the cargo directly to the buyer, which allows reducing transfer times as well as budgets.
The main advantages of Cross trade are:
- By operating with a buyer with whom there is a commercial relationship, Manufacturers can receive fast and guaranteed payment.
- It is possible to reduce maneuvering costs.
- Allows you to optimize financial, human and operational resources.
- Reduces transfer times, as well as tax payments due to nationalization.
- Offers multiple forms of transport, from FCL, LCL Containers for oversized cargo, flat rack, open top and even dangerous goods.
Naturally each project is completely different from the others, the large number of variables involved require greater control that only a team specialized in this type of operations can offer. At the same time, this allows users to have all the documentation, monitoring and control, which makes things during a cross trade feel like a local operation; In case your company needs a service like this, we can provide support with:
- B/L or AWB generation depending on the case, both for sea and air shipments.
- Support with all the documentation related to the origin and type of the merchandise.
- Requirements in the documentation to be carried out by each of the parties, as well as requirements in the purchase-sale operations.
- Full advice with all the details of the incoterms to consider in any operation.
At APR Cargo Group we have the economic, technological and operational infrastructure to provide the support you need. If you require specialized information, we will be happy to support you.