Freight forwarders are agents for exporters, importers or shippers
that move cargo. These agents often provide exporting companies with freight costs, port charges
and consular fees, in addition to other details. Freight forwarders can provide a beneficial
service for companies that are interested in moving cargo internationally, as they are experts in
the field of international shipping. As such, they understand export and import laws for numerous
countries. In addition to logistics planning, a freight forwarder may also handle storage plans for
materials once they arrive at their destination.
A freight forwarder will also work with an exporting company to
provide them with the fees related to shipping services exporting or important specific shipments.
They also handle space reservation on the method of transportation that is being used to move the
shipment. Previous to a shipment being made, the freight forwarder will usually review all of the
documentation associated with the shipment, and prepare the bill of lading.
Freight forwarders generally work on a fee that is paid by the
exporting company. This price is figured into the fee that the exporting company charges their
customers for service. Some freight forwarders also work as consolidators, but this is not
standard. Freight forwarding companies range in size from small localized firms to those that offer
national and international services. Often, it is beneficial if these companies are registered with
the International Air Transport Association (IATA).
