Rejected cargo: an American startup has solved one of the main problems of sea transportation

Cargo transportation by sea has occupied the lion's share of the logistics services market for many years. First of all, the relatively low cost of transportation and large load capacity are attractive for businessmen. Legal entities and individuals have the opportunity to transport large batches of goods, while being sure that they are very likely to be delivered on time and without damage. Universal and reliable delivery method.
 

However, for the senders and carriers themselves, the problem of rejected cargo is quite acute. Those that were not accepted by the recipient for one reason or another (loss of solvency by the receiving party, falling product prices, etc.) or cannot be delivered due to an error by the sender. Such cargo not only occupies sites in ports, but also freezes capital turnover, preventing companies from developing due to losses incurred.
 

To date, there are no unified ways to solve this problem. Since a large number of participants are involved in the supply chain of goods (sender, freight forwarder, port terminal, shipping line, recipient) and depending on at what point in time and at what stage the failure occurs, the solution to this problem and responsibility can fall on either party. As a rule, it is assumed that this problem is a headache for the sender, but this is not entirely true. Quite often, the sender is excluded from solving the problem due to circumstances, and then all participants in the chain suffer losses. Equipment turnover is frozen on the shipping line, and port terminals use their infrastructure inefficiently. After the expiration of the storage period, the carrier has the right to sell the cargo (goods) and thus reimburse the costs. But, first of all, the cost of cargo may not always cover all losses. And secondly, to make a sale, you need to go through a lot of bureaucratic obstacles, which also require a lot of time and effort. So, first of all,you need to identify the cargo and make a description of the goods. Then coordinate the list of cargo items with the government agencies. Some types of goods cannot be sold, they are charged by the state. Also, goods that cannot be sold include those that are subject to disposal, such as medicines and other pharmaceuticals, chemicals, food, insecticides, fertilizers, etc.However, even here not everything is so smooth - this method solves the problem of the carrier,but not the owner of the cargo. The latter is often left out of business if the customer refuses the product.

American startup B2B Discount promises to simplify the solution of the problem of rejected cargo for both carriers and owners. He created an innovative product - a marketplace designed to minimize risks for a company that has rejected cargo, and make it possible to purchase such goods at a significant discount.

In case of such a problem, the owner can post information about the sale of rejected cargo (to anyone who wants) on the B2B Discount platform with a significant discount (from 5% of the total cost). Thus, both the owner of the cargo will benefit, who will protect himself from large financial losses, and the buyer, as he will have the opportunity to purchase goods with a lower cost (with a discount that can reach up to 90%). In addition, the latter may not worry about the reliability of the transaction, since placement on the platform is possible only if there is appropriate accompanying documentation and photo materials. This allows you to track the location of the cargo, as well as check its characteristics, condition parameters and quality. An additional guarantee of security is legal and organizational support in the 24/7 format from B2B Discount. the platform also has a Tradewiki catalog, where registered users can share information about the field of sea transportation and, in particular, describe their experience in specific aspects of work. The presence of rejected cargo is a problem all over the world. Every day, shipping companies suffer huge losses. But the development of the digital sphere is increasingly simplifying doing business, including in the shipping industry.

https://www.youtube.com/watch?v=FyyRmyP1_x8&ab_channel=B2B.DISCOUNT

Link to the site: b2b discount