WHAT DOES TELEX RELEASE MEAN?
Telex Release means that carrier is ready to transfer the cargo to the consignee. Typically, carriers carefully watch over the payment of all fees declared in the bill of lading, and after that make release.
Telex Release is also known as an Express Bill of Lading. What happens here is that the Shipping Company issues an Original but they do NOT give the original to the Shipper. Shipper once the don’t have questions from the Consignee on payments of goods stamp special form and send it the Carrier, in return the carrier mark the Bill of Ladding with Telex Release chop and mark SURRENDERED in their internal system. It automatically can be used by consignee on their side WITHOUT an Original at destination.
Upon receipt of the goods in case of shortage or damage, you should suspend the discharge and call the representative of the Chamber of Commerce, or surveying services for activation of the accident. These measures should be taken on a mandatory basis, as without this document you cannot claim to the carrier and put forward the requirements of the compensation for the damaged goods. Unfortunately, just photos are not enough, because they are not supposed to be an official document.
USING TEU IS VERY CONVENIENT!
It’s interesting that 20 or 40 foot container became the standard only in 1964! Modern transportation cannot be imagined without containers for obvious reasons:
1.Container protects the cargo from environmental influences and ensures preservation for any mode of transportation;
2.The same container can be moved from one mode of transport to another (from ship to rail or truck) without unloading and reloading the contents of the container;
3.Container must be sealed, so only final consignee can open it. Sealed contained guarantees the safety of the cargo and helps to avoid a lot of claims against the carrier.
Hence, container transportation is very convenient, fast, reliable and affordable.