- They can store the freight (keep in a secured location)
- They can destroy the freight (again in accordance with the law)
- Just as it is done with the storage lockers, they will auction off the cargo /sell the unclaimed freight as soon as possible (after appropriate steps have been taken)
Source: www.comexdobrasil.com
Furthermore, the Unclaimed Freight Dealers Freight management companies will deal with unclaimed freight dealers which normally have a list of potential companies, customers and individuals that are looking for a specific and particular item.
If a shipment matching a particular customer’s interests does arrive then they will try to negotiate with them a price per item or wholesale deal.
Freight companies are sitting on a goldmine as they say. These items can’t be stored forever, there simply isn’t space. Often the items have already been paid for so there is little cost (outside some legal support). Once the items are determined to be ‘officially’ unclaimed and the value has been assessed it is time to get rid of it.
Here are few ways how shippers, freight carriers and unclaimed freight dealers do that:
