Freight forwarding refers to the services offered by companies that engage in the delivery of goods for their client. The services of a freight forwarder can vary depending on their level of expertise. The main function of the freight forwarder is to act as an intermediary between the client who is hiring them and various transportation services that are involved in getting the product overseas to the customer. Depending on the origin of the cargo, there might be several modes of transportation such as air cargo and inland transportation or ocean freight and inland transportation.
A freight forwarder does not actually move your freight itself, they use airlines, ocean shipping companies and trucking companies
To comply with export documentation and shipping requirements, many exporters and importers utilize a freight forwarder to act as their shipping agent. The forwarder advises and assists clients on how to move goods most efficiently from one destination to another. A forwarder’s extensive knowledge of documentation requirements, regulations, transportation costs and banking practices can ease the exporting process for many companies.
The freight forwarder will take care of cargo from “door to door” if needed. This can include the correct filing of export documentation, all arrangements with carriers, packing, crating and storage needs. So, the small and medium-size exporter need not deal with many of the details involved with the logistics of exporting their goods. In addition, freight forwarders typically charge modest rates for their services and have access to shipping discounts. Given the years of experience and constant attention to detail provided by the forwarder, it may be a good investment.
Freight forwarding Services include but not limited to:
- A Freight Forwarder handles additional services that are part of the international shipping business
- Insurance
- Customs Documentation
- etc…
- A Freight Forwarder provides to consolidators as well as individual shippers:
- Non-Vessel Operating Common Carrier documentation
- Bills of Lading
- Warehousing
- Methods of International Payment
Freight Forwarding is at the core of international business where importing and exporting necessary for the survival of many companies.
Many International freight forwarders provide 3PL Solutions under one roof in order to win more customers and increase customer loyalty. That is why you hear the term 3Pl Solutions frequently as it implies value added services. In addition, some freight forwarders have engaged in Logistics Consulting Services which is a step towards becoming 4PL Providers .
When looking for the right freight forwarder, you at the right place. International 3PL offers the right solution no matter what size company you are.