Senator International – Logistics Support for Air and Sea Cargo, 4PL, Supply Chain Management and Customs Clearance
Founded in 1984, senator international provides logistics support for air and sea cargo, logistics warehousing, 4PL, packaging, event logistics and express services. The company serves customers worldwide.
Shipping giant AP Moller-Maersk has purchased freight forwarder Senator International for $644m. The acquisition aims to boost Maersk’s airfreight capacity and network. The deal will see Senator International dispose of a developed airfreight network including own controlled flights and partnerships with airlines as well as full container load (FCL) and less than container load (LCL) networks plus specialised services across all continents.
Customs brokers are licensed, regulated professionals that assist importers and exporters in meeting federal requirements for customs clearance. They have extensive knowledge of tariff and customs laws, rules, and regulations in different countries. They also provide a variety of other services, including documentation preparation, classification, valuation, and duty calculation.
Whether you’re shipping goods across borders or just looking for a new supply chain solution, a trusted customs broker can help you optimize your logistics and improve customer satisfaction. They can also advise you on free trade agreements that may lower your duties and taxes.
A reputable customs broker can help you avoid costly delays and penalties by ensuring that your shipments meet regulatory requirements. They can also help you take advantage of opportunities provided by free trade agreements and other government programs. Besides, they can offer you the best shipping solutions based on your business needs and budget. A good company will also place a lot of emphasis on sustainability and eco-friendly practices.
If you need to ship your goods in a hurry, air freight is the way to go. This service is typically four to five times faster than ocean shipping, and it can also be more reliable if you work with a customs broker to anticipate and handle any potential delays.
However, the cost of air freight is higher than ocean freight. In addition, it can take up to a day for your goods to arrive at their destination.
The purchase of Senator International aims to increase the level of service that Maersk offers its demanding customers, especially during the COVID-19 pandemic. The acquisition, valued at $644 million on an IFRS 16 basis, will add to Maersk’s existing airfreight capacity by adding two leased Boeing 747-400 freighter aircraft and expanding the existing owned fleet of cargo airline Star Air with the addition of two new building Boeing 777-200F freighter aircraft. The acquisition will also boost Maersk’s own controlled freight network by extending global routes through a combination of owned and chartered capacity.
When shipping products across long distances, ocean freight is the most cost-effective and efficient option. In fact, it accounts for 60% of global product shipments. This shipping mode uses large cargo ships to transport goods in containers – or ISOtainers for more bulky items like crude oil and petroleum.
Supply chain leaders who opt for this transportation mode will need to have their shipments packed and ready in advance of the ship’s departure. This will ensure that all required documents are in order and that the goods are ready to be loaded onto the ship, avoiding delays.
Additionally, safety restrictions for ocean shipments are less strict than those for air cargo. This is beneficial for products that are flammable, toxic, magnetic, or otherwise unsafe to ship via air freight.
Senator International is a logistics service provider offering air & sea cargo, logistics warehousing, 4PL, packaging, supply chain management and customs clearance. Its headquarters is in Hamburg, Germany. The company has offices worldwide. It provides logistics support for technology, fast-moving consumer goods, lifestyle and pharmaceuticals. It also offers event logistics services and express shipping solutions.
The company has a strong airfreight operation based on own controlled capacity using nineteen weekly flights. Its network is well aligned with Maersk’s own airfreight strategy and the acquisition will provide customers with extended global routes, capacity and additional services.
According to reviews left by employees on CareerBliss, Senator International is an equal opportunity employer. The company offers competitive salaries and great benefits.