Functions of freight forwarders
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Freight forwarders coordinate complex logistics activities involved in cargo shipping, including arranging transportation, handling documentation and payments, and providing recommendations to clients on cost-effective shipping options. They negotiate rates for inland and ocean shipping, offer cargo custody and control during transit, and assist with various export documents. Freight forwarders essentially serve as logistics managers and advisors for cargo moving between overseas locations.
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Freight forwarding is a service that involves arranging transportation of goods between an origin and destination. It acts as an intermediary between clients and various transportation carriers. A freight forwarder handles the logistics and paperwork involved in international shipping to relieve the burden on clients. Freight forwarders utilize established relationships with carriers like airlines, ships, trucks and railroads to negotiate prices and transport goods along economical routes. They facilitate international trade by acting on behalf of exporters to arrange transportation services like air or sea freight.Functions of freight forwarders
- 1. FUNCTIONS OF FREIGHT FORWARDERS Special Report by http://www.skyways-group.com/
- 2. OVERVIEW Freight forwarders coordinate the complexity of financial, transport, and other service activities. They can be thought of as travel agents for cargo shipped to overseas locations. Freight forwarding agents negotiate inland and ocean rates besides offering valuable ideas on optimal and the most cost-effective shipping alternatives.
- 3. OTHER SERVICES A freight forwarder makes recommendations regarding receiving payments for exports. These forwarding agents provide custody and control of material in transit. They assist or prepare commercial invoice, packing list, draft, transmittal letters, consular invoices, export license, drawback forms, and shipper's export declaration.