Inland Haulage Import IHI
Definition
The Inland Haulage Import (IHI) fee is a critical component of the logistics chain, specifically pertaining to the transportation of goods from the discharge port to their final inland destination. This fee arises due to the necessity of moving cargo overland after it has been offloaded from a vessel at the port. The IHI is typically collected by either the shipping line or a third-party logistics provider responsible for arranging overland transport services. The fee is usually paid by the consignee or the importer, who will ultimately bear the cost of ensuring that the goods reach their intended destination.
In terms of applicability, the IHI fee is relevant in scenarios where goods need to be moved from a seaport to an inland location, whether by truck, rail, or a combination of both. The calculation of this fee can vary depending on several factors, including the distance to be covered, the mode of transport, and any specific handling requirements of the cargo. Unlike terminal handling charges or demurrage fees, which are associated with the port itself, the IHI is concerned solely with the inland segment of the shipment.
In practical application, it is essential for logistics managers and freight forwarders to have a clear understanding of the IHI to accurately forecast shipping costs and manage budgets effectively. Attention should be paid to the terms and conditions governing the IHI, as these can differ widely between carriers and countries. Additionally, negotiation opportunities may exist for large-volume shipments, potentially leading to cost savings. Understanding the nuances of this fee and its implications on the overall logistics cost structure is crucial for efficient supply chain management.
Summary
Inland Haulage Import fee for inland transportation from discharge port to final destination.