Tips for Shipping Valuable Goods

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Valuable Goods

Businesses in all sorts of different industries end up having to ship high-value goods at different times. For example, your venture might have to move things like jewelry, art, antiques, coins, bullion, instruments, equipment, cash, or collectibles.

When these times arrive, it’s vital to know how to best ensure that items make it to their destinations safely and on time. Here are some ways to increase the likelihood that this happens.

Use Adequate Packaging

It’s vital to select suitable packaging for the items you’re having transported. You don’t know if parcels will end up being tossed around without a care, if other goods will be placed on top of them, or if any other issues will occur. As such, you need to package up valuables so they will arrive intact, even if they’re not treated with as much care as you hope along the way. 

You might want to place high-value items inside a box, or you could use a crate (made from wood, steel, or aluminum, for instance), or a padded bag. If you’re transporting large valuable goods, you may even want to arrange for a separate shipping container for them.

Plus, you’ll need to secure pieces with helpful packaging materials to keep the cargo more secure. Materials such as bubble wrap, foam packing peanuts, crumpled packing paper, and foam sheets can be constructive. You may also find that corrugated liners provide decent cushioning for extra protection. 

Sometimes, you’ll have valuable goods that need to be kept at a consistent temperature or within a specific temperature range, or they may need to be kept as still as possible in transit. If so, it’s worth investing in temperature or shock indicators so logistics providers can be alerted if there are issues with parcels along the way. It pays to label any sensitive or easily breakable parcels as ‘Fragile,’ too. 

When it comes to packaging, don’t forget to train your staff or external contractors well. Ensure those who prepare parcels know how to protect items by avoiding rough or careless handling and choosing the right packing materials for each item.

Choose Reliable Logistics Firms

Another critical factor in shipping high-value pieces is choosing the most reliable logistics firms. You can package up your items as best as possible, but you also need to rely on shippers to get goods to their destinations without delay, losses, or theft along the way. Some companies aren’t qualified or experienced enough to be able to adequately look after expensive (or even inexpensive) shipments in transit, so you need to do enough research to try to weed these businesses out from the rest. 

Look for more reliable and trusted couriers, ships, or other logistics companies who have been in operation for many years, get many positive reviews online and elsewhere, and have excellent customer service facilities. Ask shippers on your shortlist as many questions as you feel you must learn enough information to make your decision. 

Hire Security as Needed

Sometimes, it may be wise to outlay extra to ensure your valuable goods arrive at their destination safely. For very expensive items or those at higher risk of being stolen, it’s worth considering paying for specialized security guard services so that the materials or inventory, etc., will be watched and kept safe at every step along the way. 

When selecting guards, check that they have the appropriate licenses and qualifications to take on the job and ask firms if the workers in charge of securing your items have had or will have extensive background checks completed on them. 

Purchase Insurance

It’s also vital to cover yourself against financial losses by taking out insurance on the high-value pieces you’re planning to ship. It’s better to plan for the worst-case scenario and mitigate problems than face dire cashflow circumstances if items get damaged or lost during transit. 

While courier companies must typically provide cargo insurance for deliveries, the compensation available to clients if packages come to harm won’t be anywhere near enough to cover you for your precious, highly-valuable goods. You can take out insurance products that protect against loss caused by theft, natural disasters, collisions, deliberate destruction, and much more. other tips for shipping valuable goods are 

insuranceto learn about different shipping rules and regulations, especially those for international logistics, consider which types of shipping methods are best for the goods you’re transporting, and continually assess risks over time so you can best mitigate them.

Any business that needs to ship costly products, equipment, or materials must take an overarching view of the entire packing, transit, and handling processes and cover all bases. Consider what steps you need to take today to protect your venture.

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