Freight forwarding is a service provided by logistics companies that involve the coordination and management of the transportation of goods from one location to another. Freight forwarders act as intermediaries between shippers and carriers, arranging the movement of cargo by land, sea, or air.
The services provided by freight forwarders may include negotiating rates with carriers, arranging for the proper documentation and customs clearance, and coordinating the pickup, transportation, and delivery of goods.
Freight forwarders may also offer additional services such as cargo insurance, warehousing, and distribution.
It plays a critical role in global trade by facilitating the movement of goods across borders and between different modes of transportation. It requires a deep understanding of international trade regulations, transportation networks, and supply chain operations.
Effective freight forwarding can help shippers reduce transportation costs, improve delivery times, and minimize the risk of damage or loss of goods in transit.