Tradeways offers Freight and warehousing services within and outside Nigeria. The range of products and services covers the following:

International freight

a. Freight forwarding (Exports worldwide: Air freight & Sea freight)
b. Customs Clearing (Imports: Air freight and Sea freight)

Warehousing

a. Tripartite Warehousing
b. Bilateral/Storage Warehousing
c. Stock Monitoring
d. Stock Auditing Services

Haulage & Transportation

National haulage and trucking service throughout Nigeria.



IMPORT / EXPORT EXPRESS SERVICE


Tradeways picks up cargo from any part of the world on behalf of its local customers in Nigeria and executes cargo-forwarding services to destinations worldwide by air and sea. The WWPC strategic alliance helps Tradeways to pick up cargo from cities worldwide and deliver to customers around the globe.

Warehousing

Tradeways Express International provides collateral warehousing services to organizations that are involved in the trading of marketable stock and also to Import/Export and manufacturing firms that need storage arrangement and stock audit.

Collateral Management

Collateral Management is a professional warehousing service that is built on using an independent third party to supervise, safeguard and secure goods pledged against credit lines obtained from a lender by a borrower, until the time of repayment. Essentially, the central role of Tradeways Express international warehousing services is to help minimize risks, and provide an independent service of assessment, verification and advice.

Application

Securing pledged cargo as collateral in safe locations under strict control of Tradeways Express warehousing arrangement is applied as follows:

Selecting the most adapted warehouse(s) Staffing the warehouse(s) with trusted and experienced warehousing personnel Inspecting the quantity/tallying at time of delivery of cargo into the warehouse Supervising or monitoring delivery of cargo through the ports to the designated warehouse Applying collateral management concept during the whole storage period Releasing cargo upon written instructions from the financier or importer if it is a Bilateral/storage arrangement, and issue WAREHOUSE WARRANT against stock held. Objectives of Tradeways Express Collateral Warehousing Services To assist financial institutions to develop their commodity or asset trade finance operations in emerging markets. To help the financier's customers benefit from more attractive borrowing or lending conditions. To boost the local economy by providing more financial windows.

Agreements

Tradeways Express International Provides the Following Collateral Warehousing Agreements

- Tripartite Warehousing Agreement:

Tradeways Tripartite warehousing agreement is an agreement that involves three parties in the warehousing arrangement and the parties are: (i) Financier (ii) Borrower (iii) Tradeways Express (Warehousing Agent)

- Bilateral Warehousing Agreement:

This is and agreement that involves two parties in the warehousing package and can also be called STORAGE AGREEMENT. The parties involved are: (i) Financier/Importer (ii) Tradeways Express (Warehousing Agent).

- Stock Monitoring Services Agreement.

This is a warehousing arrangement provided by Tradeways Express, where a financier has some pledged goods either in a particular location(s), warehouse(s) or shops and financier wishes the goods to be regularly monitored. Tradeways Express undertakes to monitor the regular movement of these goods at any point in time and issue daily, weekly or monthly stock report as agreed by the parties involved. In this arrangement, Tradeways does not either take custody or possession of the goods because of the peculiar nature of the business of the third party (Banks' customer) but would position its experienced warehousing personnel to monitor the daily movement or sale of these goods in question. This is most suitable for small/medium scale traders in business environments.