Company Profile:
COMPANY INTRODUCTION FOR WTCL
Regarding whether WTCL is a factory or a trading company:
WTCL is neither a factory nor a traditional trading company. It is an international logistics and freight forwarding service provider.
Company Overview:
WTCL, commonly known as World Trade Center Logistics Co., Ltd., is a globally recognized logistics and freight forwarding company with operations and a significant presence in South Korea. The company plays a crucial role in facilitating international trade by offering comprehensive services designed to manage the complexities of global supply chains. The phrase "TO THE ORDER OF" is typically used in banking or shipping documents to indicate the payee or consignee of a financial instrument or cargo, rather than being part of the company's official name itself.
Core Business and Services:
International Freight Forwarding: WTCL specializes in arranging and managing the transportation of goods across international borders. This includes utilizing various modes such as ocean freight, air freight, and land transportation, handling bookings, documentation, and coordination with carriers to ensure timely and efficient delivery.
Customs Brokerage: The company provides expert customs clearance services, ensuring that all necessary import and export regulations are met. This includes preparing and submitting required documentation, calculating duties and taxes, and navigating complex customs procedures to ensure smooth passage of goods.
Warehousing and Distribution: WTCL offers comprehensive warehousing solutions for storage, inventory management, and efficient distribution of products. They manage the movement of goods from warehouses to their final destinations, both within South Korea and for international onward shipping.
Supply Chain Management: They provide integrated supply chain solutions, working with businesses to optimize their logistics processes. This involves strategic planning, implementation, and control of the flow and storage of goods, services, and related information from point of origin to point of consumption.
Special Cargo Handling: Often, WTCL also provides expertise in handling specialized shipments such as project cargo, dangerous goods, temperature-controlled cargo, and oversized items, requiring specific equipment and regulatory compliance.
Company Type:
WTCL is classified as an international logistics service provider or a freight forwarder. Its primary function is to manage and facilitate the movement and management of goods for other businesses involved in manufacturing and trading. WTCL does not manufacture goods itself, nor does it engage in the direct buying and selling of commodities as a traditional trading company would. Instead, it provides essential services that support and enable global commerce.