Shipping Goods Under a Letter of Credit

When did shipping goods under a letter of credit become a specialist shipping service?

Last week we quoted on a small shipment. There was nothing unusual about the cargo, the weight was OK for the aircraft, as were the dimensions. The cargo was going from London to a well known International airport and was not hazardous or covered by any sanctions.

All in all a very average shipment.

Then we get a phone call. Is the quote still valid, as not many agents are willing to handle the goods if they are covered by a letter of credit?

This came as a complete surprise to us, as although they are not as common as they once were, we still see them on a regular basis.

We assured the customer that we could still ship them at the price we quoted.

Next we were asked to issue a draft Airwaybill before the customer would book the shipment with us, which we duly supplied.

We received the booking and shipped the cargo.

It got us thinking how the industry is changing as technology advances and old skills are getting lost along the way. Sometimes being in the freight industry a long time works to your advantage.