A NVOCC operates by purchasing freight space from the Vessel Operating Common Carrier (the vessel owner).
NVOCCs will negotiate rates and secure space based on anticipated volumes, then on sell the space to shippers. With shippers, they offer a direct line to a network of shipping options and routes, often providing more flexible and cost-effective solutions than the shippers could secure on their own. This arrangement allows them to offer cargo space to their clients, even during peak shipping seasons when space is at a premium.
Similar to a freight forwarder, a NVOCC can also offer the other supply chain services, such as cargo consolidation, shipping documentation, customs clearance and inland transportation.