Any difference between Dry port and CFS.
What is a Dry port / CFS in export import trade?
As we know, sea port is situated near sea. If the importer or exporter is far away from sea port, it will be an inconvenience to co-ordinate and handle the goods properly. So government has allowed CFS (container freight station) to handle export and import formalities under customs supervision. The cargo will be moved by rail or road from the sea port to CFS.
The exporter can complete customs formalities in CFS and ship the goods without moving cargo to sea port. Likewise, importer can take delivery of cargo near his place after completing procedures at dry port. If the buyer insist for ‘on board bill of lading’, as a proof of export, the buyer waits to get the shipment reached at sea port and once cargo loaded in to vessel, the on board bill of lading is obtained from shipping line. If the buyer needs only a proof of shipment, the exporter can obtain ‘Received for shipment Bill of Lading’ from the carrier who is a multi model transporter. A multi model transporter is a carrier who carries goods in two or more modes of transport like road, rail, air, or sea. Also read Any difference between Dry port and CFS.
In short, Container Freight Station situated away from sea port where customs supervision is available is called Dry port.
I hope, I could make you understand about CFS and Dry Port. Do you have different thoughts about Dry Port and CFS?
Please comment below your thoughts about Difference between Dry Port and CFS.
The above information is a part of Import Export course online
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