Freight forwarding is the logistical management of shipments from their origin to their destination. It involves coordinating transportation, warehousing, customs clearance activities, and more. Freight forwarders act as an intermediary between shippers and carriers like airlines, railroads, ocean carriers, and trucking companies. Their role is to plan and execute the movement of cargo from its point of origin to its final destination.
Main Services Provided
Booking Cargo Space: Freight Forwardingbook space on behalf of shippers through different modes of transportation like air, ocean, rail or road. They ensure cargo is loaded on the right vessel or conveyance on time.
Documentation Services: Forwarders handle all documentation related to export, import, customs, and regulatory compliance. This includes commercial invoices, certificates of origin, packing lists, bills of lading, etc. Proper paperwork is crucial to smoothe transportation.
Warehousing: Storage and distribution centers are managed by forwarders. They provide temporary warehousing facilities before and after shipments. Goods are consolidated, stored, and distributed from these warehouses.
Customs Clearance: Navigating customs rules and regulations in different countries can be challenging. Forwarders ensure shipments are cleared through customs without delay through paperwork filing and related compliance.
Tracking and Tracing: End-to-end visibility of shipments is important. Forwarders use technology to track cargo locations and provide timely status updates to shippers. Any delays are promptly communicated.
Insurance Facilitation: Risk mitigation services include facilitating insurance coverage for losses during transit. Forwarders may assist with claims processing too.
Gets More Insights on: Freight Forwarding
