DEFINITION OF FREIGHT FORWARDING
The General Definition Of A Freight Forwarder Is Relatively Simple; He Is The "One Who Forwards Freight From One Point To Another Point."
Freight Forwarding Is All About The Smooth Flow Of International Trade.
The Freight Forwarder Is The Party Whose Role Is Essential Ensures That The Following Big Problems Will Never Be Faced By The Exporter Or Importer:-
- Missed Flights Or Sailings Of The Shipments
- Failure To Negotiate Competitive Air Or Sea Freight Rates
- Misdelivered Or Misrouted Cargo
- Miscalculation Of Air Or Sea Freight Rates
- Overbilling On Inland, Air Or Sea Freight Costs
- Failure To Insure Cargo Or Arrange Adequate Coverage
- Late Presentation Of Documents On Letters Of Credit
- Failure To Properly Legalize Documents.
Also It Is The Party To Ensure That Internationally Traded Goods Move Form Point Of Origin To Point Of Destination To Arrive:
- At The Right Place, At The Right Time.
- In Good Order And Condition , At The Most Economic Cost.