Registered Exporter Number (REX) System
What is REX License?
A Multimodal Transport Operator (MTO) License is a license granted to a company or individual by the regulatory authorities in some countries to operate as a Multimodal Transport Operator. A Multimodal Transport Operator is a type of transportation company that offers to transport goods using various modes of transport, such as road, rail, sea, and air.
An MTO License allows the holder to provide door-to-door or port-to-port transport services for customers, using a combination of different modes of transport. In many cases, MTOs may also provide services such as cargo consolidation, customs clearance, and other logistics services.
The specific requirements and regulations for obtaining an MTO License can vary depending on the country or region. In some cases, an MTO may need to meet certain financial and insurance requirements, demonstrate their ability to operate effectively across different modes of transport and adhere to certain safety and environmental standards.
Check out the Factory License Video
What are the Benefits of an REX License?
Legal Authorization
Obtaining an MTO license provides legal authorization to operate as a multimodal transport operator, allowing the company to offer seamless transport services involving multiple modes of transportation, such as road, rail, sea, and air.
Increased Business Opportunities
With an MTO license, the operator can broaden its service offerings and cater to a wider range of customers. By providing integrated transport solutions, MTOs can attract clients looking for convenient and efficient logistics services.
Simplified Logistics
MTOs streamline the shipping process for customers by handling all aspects of transportation, documentation, and customs clearance. This simplifies logistics management for businesses, saving them time and effort.
Cost Efficiency
By optimizing routes and modes of transportation, MTOs can often achieve cost savings for their customers. Bulk booking and consolidated shipments can lead to economies of scale, resulting in reduced overall shipping expenses.
Single Point of Contact
MTOs act as a single point of contact for the entire transportation journey, from the origin to the final destination. This reduces the burden on customers, who no longer have to deal with multiple carriers and intermediaries.
Global Reach
MTOs can operate across borders, facilitating international trade and shipments. Their expertise in handling cross-border regulations and customs procedures ensures smoother movement of goods.
Why MTO License is Required?
Multimodal Transport Operator (MTO) License is required to operate as a Multimodal Transport Operator, which is a type of transportation company that offers to transport goods using various modes of transport, such as road, rail, sea, and air.
Who can get MTO License?
The specific requirements and regulations for obtaining an MTO License can vary depending on the country or region. However, in general, here are some types of companies or individuals who may be eligible to obtain an MTO License:
Freight Forwarders
Shipping Companies
Transport and Logistics Companies
Air Freight Companies
Rail and Road Transport Companies
Customs Brokers
Document Required for Factory License
Role of Shamkris and Process of MTO License
Shamkris adopts a results-oriented approach to compliance with mandatory licence requirements in the organization. A simple and guidance methodology help organisation to achieve licence in a timely manner and cost-effective. Shamkris support 100% in advisory, Guidance, Compliance with respect to license requirements to obtain approval.
The License process described below:
Advisory for the document required
Preparation of documents as per application & list of documents.
Application File
Inspection by the department if required
Liason department
Yearly Compliance if Applicable
Renewal when due
Who can issue the MTO License?
FAQ
Every Company, Firm or Proprietary Concern, either engaged in the business of Shipping, or freight forwarding in India or abroad need to get registered under the Multimodal Transportation of Goods Act, 1993. This Act manages the transportation of the merchandise from India to outside India or inside India.