In the import-export industry, the timeliness and efficiency of cargo delivery play a pivotal role in a business’s success. Telex Release, a prevalent method in international freight forwarding, has become a top choice due to its ability to simplify processes and save time.
So, what exactly is Telex Release, and why is it so favored? Let Trường Thành Logistics – your professional freight forwarding partner – guide you through the details of Telex Release in the article below.
What is Telex Release?
Telex Release is a method of cargo release in import-export that allows the consignee to take delivery of goods without presenting the original Bill of Lading. Instead, the shipping line or freight forwarder will send a notification via email or other electronic means to confirm the release of the goods. This method helps shorten delivery times, especially in cases where the original Bill of Lading cannot be delivered promptly.
How Does Telex Release Work in Import-Export?
In practice, Telex Release operates according to the following process:
+ Request from Shipper: The shipper or exporter requests the shipping line to issue a Telex Release, usually accompanied by the surrender of the original Bill of Lading (if already issued) or the use of a Surrender Bill.
+ Electronic Notification: The shipping line sends a notification (usually via email) to its agent or the destination port, confirming that the goods can be released without the original Bill of Lading.
+ Cargo Delivery: The consignee presents the Telex Release notification and other necessary documents to receive the goods at the destination port.
Conditions for Issuing Telex Release
Telex Release is typically requested in the following specific situations:
+ Intra-company Shipments: When goods are sent to a partner’s office or a branch of the shipper abroad, and the original Bill of Lading is not required at the destination.
+ Document Processing Delays: The vessel has arrived at the destination port, but the original Bill of Lading has not yet reached the consignee in time, often due to geographical distance or processing time.
+ Requests from NVOCCs: Non-Vessel Operating Common Carriers (NVOCCs) may request a Telex Release to issue their own House Bill of Lading to their customers.
To issue a Telex Release, the shipper needs to submit a Surrender Bill or the original Bill of Lading (if already issued) and pay the associated fees.
Advantages and Disadvantages of Telex Release
Like any shipping method, Telex Release has its own advantages and disadvantages, requiring businesses to consider them carefully before use.
Advantages of Telex Release
+ Fast Delivery Speed: Telex Release eliminates the need to wait for the original Bill of Lading, allowing goods to be released as soon as the vessel arrives at the port, saving significant time.
+ Flexibility in Transactions: The shipper can still maintain control over the goods even after they have arrived at the destination port by delaying the issuance of the Telex Release until payment conditions are met.
+ Support for Legal Documentation: Documents such as the Surrender Bill ensure the legality of the transaction, helping to record the transportation activity as legitimate.
+ Reduced Risk of Document Loss: Eliminating the need to send the original Bill of Lading by mail reduces the risk of loss or delay.
Disadvantages of Telex Release
+ Additional Costs: The Telex Release issuance fee typically ranges from $25 to $30 per bill, borne by the shipper or exporter. This is a factor to consider to ensure economic benefits.
+ Requires Close Coordination: Accurate information transmission between the shipping line, agent, and consignee is crucial to avoid errors or delays in cargo release.
The Role of Telex Release in Import-Export
Telex Release plays an important role in:
+ Accelerating Delivery: Shortening waiting times, especially for urgent shipments.
+ Supporting International Transactions: Helping businesses be flexible in handling documents, especially when working with partners in multiple countries.
+ Ensuring Legality: Providing a secure mechanism for shippers to control goods while meeting contractual requirements and international transport regulations.
With Trường Thành Logistics’ Telex Release service, businesses can rest assured about the accuracy and efficiency of the process, from the issuance of the notification to the delivery of goods.
The Difference Between Telex Release and Express Release
Although both Telex Release and Express Release help release goods quickly, these two methods have some important differences:
Technical Aspects
+ Telex Release: Usually applied to Straight Bills of Lading, requiring the shipper to submit a Surrender Bill or the original Bill of Lading to issue the cargo release notification.
+ Express Release: Does not require the original Bill of Lading or a Surrender Bill and is often used when the shipper and consignee have a close partnership or when goods are sent to internal offices.
Cargo Release Speed
+ Telex Release: Faster than traditional methods but still requires time for the shipping line to confirm and send the notification to the destination port.
+ Express Release: Slightly faster, as it does not require the Surrender Bill submission process, making it suitable for urgent shipments.
Payment and Cargo Control
+ Telex Release: The shipper can delay the issuance of the notification to ensure payment, enhancing control over the goods.
+ Express Release: Typically does not focus on payment control, as goods are released as soon as the Bill of Lading is issued.
Why Choose Trường Thành Logistics for Telex Release Services?
+ Professionalism and Experience: With over a decade of providing international freight forwarding services, we understand every aspect of Telex Release and other delivery methods.
+ Comprehensive Support: From consultation and document preparation to coordination with shipping lines and agents, we ensure a smooth cargo delivery process.
+ Transparent Costs: We provide clear consultation on Telex Release issuance fees, helping businesses optimize their shipping budgets.
+ Global Network: We cooperate with shipping lines and agents worldwide, ensuring accurate information transmission and timely delivery of goods.
+ Customer Commitment: Our 24/7 support team is ready to answer all inquiries and handle any issues that may arise during the shipping process.
Let Trường Thành Logistics be your trusted partner in all import-export activities, from utilizing Telex Release to multimodal transport services. Contact us now for a free consultation and fast, efficient cargo delivery solutions.
For assistance with import and export information, international freight, sea transport or import entrustment, please contact Truong Thanh Logistics at the address:
Truong Thanh Logistics – Dedication, Prestige
Hotline: 0915 36 38 39
Headquarter: 26th Floor, Tower A, Song Da Building, Pham Hung, Nam Tu Liem, Hanoi.
Email: sale@truongthanhjsc.com
info@truongthanhlogistics.com
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