subject: Freight Forwarders, What Do They Do? [print this page] The general idea when you think of a freight forwarder is that they assist exporters and importers whenever they transport their goods or products overseas. However, it is not as simple as that. There is a lot that go into freight forwarders' day. This article will hopefully shed light on the responsibilities and services of a forwarder and how they can help you with everything that you need for your exporting and importing?
First of all, several freight forwarders commonly specialize in the kind of services whenever hired by their respective customers. It is all about their clients, so one of their primary roles is to act as a liason officer for their client to each port and customs officer that your package encounters. So that they can ensure that all of their transaction will be smooth and free flowing, they have to do this as a freight forwarder.
Freight forwarders are often seen as the travel agents of international trading, as well. If you have a consignment of goods that you need to move from country A to country B, a forwarder will identify and book the best routes for you. They will also help you choose the best modes of transport for a speedy and safe method of shipping goods. Your respective forwarders will also put you in contact with specific carriers for you, all depending on the requirements of the goods you are sending. Many transport and logistics operators also offer freight-forwarding services.
Another one of your forwarder roles include cutting your costs, because they arrange for the transport of huge numbers of consignments, they can consolidate loads going to a single destination to keep freight charges down for individual traders. They will act as your estimator giving you comparative prices for shipping companies, import duties and any other fees associated with your shipment. However, remember to get more than one estimate from a qualified freight forwarder to get the best possible price.
Aside from these general services, a freight forwarder typically offers a wide range of secondary trade related services in conjunction to their core transport ones. For one, Customs clearance services of forwarders can complete customs paperwork on your behalf. Also, they pay any taxes or duties owed for you as you official representative.
They will also often handle other documentation issues like bills of lading, or any documents required by banks before payment is released.
Many forwarders often supply insurance services for their clients to help protect their shipments. There are wide variety insurances available and you need someone to help you navigate through all that is available. Other services they provide include inventory management, logistics and supply-chain management just to name a few.
As you can see, a role of a freight forwarder is an extensive one.
That is why they are important for international commerce. Sure, some can go without their services but if you want to succeed without physically escorting your goods to each customer's door. You need to have an expert on your side, an expert like a freight forwarder.
