‘Cross Trade’ or ‘Drop Shipments’ are shipments from one country to a second country often as inputs for manufacturing for which the transportation is paid for and directed from a third country such as Canada or the US. As an example our client, a North American vendor, is selling Italian made and sourced wool fabric to a European based suit manufacturer who has, in turn, contracted a sewing factory in China to produce the suits. The North American vendor, our client, is selling on a CIP wherever basis and so has us arrange the transport of the goods from Italy to China. Through the issuance of parallel Bills of Lading we keep the identity of the Italian wool supplier confidential from both the sewing factory and the European suit producer thus protecting our client’s future business.
Over the last 20 years as North American manufacturers have transitioned to being importers and outsourcing their input purchasing and production overseas, we at World-Wind Logistics have been competently managing these 3rd country shipments on behalf of our clients. We have gained a first-rate reputation for not only moving the merchandise efficiently by land, air or sea but also for administering the complexities of ‘blind’ or ‘double-blind’ back-to-back Letters of Credit so that our clients’ manufacturing sources are protected as well as their receivables.