The hectic nature of the various Shipping companies makes cases of loss of cargo very common. The huge crowds of people characterizing these areas cause the cases of unclaimed freight to increase. Also due to hitches in the process of delivering goods purchased online, cases of lost items have in the recent past been on the rise.
These goods may pile up and become too much to handle. Thus most shipping companies opt to auction these items in order to get rid of them. In the case of damaged goods, they are sold at low prices to ensure that customers save money. This also makes it easy for the potential buyers to buy the items in large amounts.
Some of the reasons why cargo lack owners in most cases include death, increased taxes among other reasons. When this cargo [s uncollected, the goods are auctioned. Given the fact that no one would spend so much money to ship worthless goods, most of these auctions are very intense with large numbers of people bidding on the quality goods. The proceeds from the auction are paid to the storage company, the shipping container company and the remaining amount is paid to the initial owner of the goods.
Sometimes, when ordering these goods, customers may easily quote the wrong address. This mistake results to the delivery of the goods to the wrong addresses. Ones the goods are not claimed; the shipping companies have every right to auction them.
In some cases, the owner of the good may have passed away before the goods were collected from the warehouse. If family members do not collect the goods, these items are left unclaimed. They are thus left in the hands of the shipping companies to do as they wish.
Also, sudden death of the owner before the goods arrive may render the goods unclaimed. If no family member neither follows up nor has any knowledge that the diseased had imported any goods.At times, the individual may go out of business and may no longer need the items imported. If the items are not collected, they are left in the hands of the shipping companies.
As long as the goods are left unattended it can be sold or auctioned. If the shipping company does so, the owner has no legal option to sue the company or claim the goods.Many individuals make huge losses by leaving their cargo unclaimed.
It is important for all individuals opting to import goods to have a full understanding of all the things that could go wrong during transit. This makes sure that the individual does not incur any unnecessary losses when goods are auctioned. Also it is very important for them to ensure that they pay all the required fees and charges in time.
These goods may pile up and become too much to handle. Thus most shipping companies opt to auction these items in order to get rid of them. In the case of damaged goods, they are sold at low prices to ensure that customers save money. This also makes it easy for the potential buyers to buy the items in large amounts.
Some of the reasons why cargo lack owners in most cases include death, increased taxes among other reasons. When this cargo [s uncollected, the goods are auctioned. Given the fact that no one would spend so much money to ship worthless goods, most of these auctions are very intense with large numbers of people bidding on the quality goods. The proceeds from the auction are paid to the storage company, the shipping container company and the remaining amount is paid to the initial owner of the goods.
Sometimes, when ordering these goods, customers may easily quote the wrong address. This mistake results to the delivery of the goods to the wrong addresses. Ones the goods are not claimed; the shipping companies have every right to auction them.
In some cases, the owner of the good may have passed away before the goods were collected from the warehouse. If family members do not collect the goods, these items are left unclaimed. They are thus left in the hands of the shipping companies to do as they wish.
Also, sudden death of the owner before the goods arrive may render the goods unclaimed. If no family member neither follows up nor has any knowledge that the diseased had imported any goods.At times, the individual may go out of business and may no longer need the items imported. If the items are not collected, they are left in the hands of the shipping companies.
As long as the goods are left unattended it can be sold or auctioned. If the shipping company does so, the owner has no legal option to sue the company or claim the goods.Many individuals make huge losses by leaving their cargo unclaimed.
It is important for all individuals opting to import goods to have a full understanding of all the things that could go wrong during transit. This makes sure that the individual does not incur any unnecessary losses when goods are auctioned. Also it is very important for them to ensure that they pay all the required fees and charges in time.
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