January 8, 2015

Transportation Debt Collection

Transportation is a part of business.  How do you get your product to the right place at the right time?  There are many options to use for transportation and not all are equal.  A big problem that many shippers run into is not being paid on time.

Shippers move items from point a to point b.  The items are not theirs, but are shipped by companies and individuals who agree to pay the shipper for their services.  The average consumer has to pay for these services beforehand and is not able to pay on credit.  The larger volume shippers are able to ship on credit because they represent a larger portion of a shipper’s business.

Transportation debt collection is necessary for businesses when one of these large customers does not pay for their shipping services.  What makes things interesting is when this involves international shipping and the parties are from different countries.  Laws change as you cross over border lines and this makes collecting transportation debts a challenging process.  Whether this involves a cargo ship or cargo airline, the challenge is finding out who is on the hook for the unpaid funds.

A good transportation collection agency will be able to track down these people and motivate them to pay.  What makes collecting transportation debts difficult, is that not every country has the same laws as the United States.  It is much easier for a debtor to hide behind country lines.  Phone service and means of contacting the debtor may not be as reliable.  So how do you collect an international transportation debt?  The best thing to do is to turn the account over to a specialized debt collection agency with forensic corporate debt collection capabilities.  This will give you the best chance in collecting the overdue debt.  You can try to collect the debt yourself, but when you cross international border lines the complications grow exponentially and it is best to let a true professional organization handle the claim.

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