Freight forwarding is a highly efficient way of shipping goods from one place to another using different transport carriers such as road, rail, sea, and air. A typical freight forwarder organizes various types of shipments for persons and companies to transport goods from shippers to final destinations. Freight forwarders have the required resources, skills, and expertise to help them lower expenses and facilitate transportation logistics.
Those corporations that ship their goods internationally opt for freight forwarding services to achieve safe and timely deliveries. Things can get complicated while shipping large loads across borders. Expert freight forwarding firms have the required knowledge and experience in managing logistics which is vital for cost-effective and efficient transportation.
The following are some of the essential things you should know about freight forwarding services:
Freight forwarders are industry specialists when it comes to supply chain management, offering various valuable services to their clients. Some of the most significant tasks handled by these companies include customs, international import and export documentation, storage, insurance, packaging, and inventory management.
Effective Management And Networks
With vast expertise in logistics, a professional freight forwarding company will save you both time and money through active management. The right freight forwarder knows how to effectively manage time-sensitive global shipments and avoid any last-minute hurdles that may arise in the supply chain.
A reliable freight forwarder also utilizes a secure network to provide you with best quotes, minimize travel delays, and overcome inevitable bumps down the road.
6 Stages Of Freight Forwarding Process
The typical process of freight forwarding can be summarized as follows:
- Export Haulage is the movement of goods from the manufacturer’s warehouse to freight forwarding company’s warehouse
- Export Custom Clearance is a clearance received for load to leave its country of origin
- Origin Handling is the procedure in which goods are unloaded, inspected, and validated against documents by the concerned officials after shipment arrives in the state of destination
- Import Customs Clearance is the process in which the relevant authorities check customs paperwork for freight to ensure everything is in right order
- Destination Handling is the transfer of a consignment to the import warehouse
- Import Haulage is the transfer of cargo from import warehouse to its final destination
There’s much paperwork involved in the process of freight forwarding and overseas goods shipping. Therefore, it’s the responsibility of the freight forwarding firm to provide its customers with essential documents in order to ensure the complete security of their respective shipments. This also helps them avoid any potential legal issues in the future.
Some of the critical documents freight forwarders provide their customers with include a commercial invoice, bill of lading BOL, certificate of origin statement, inspection certificate, export permit, export packing list, and consignor’s export declaration document.
One of the key advantages of hiring a specialist freight forwarder is that they’re well aware of all the legal requirements of each country they transport goods to. They know about the rules and regulations applicable to both countries of origin and destination and help their clients fulfill them throughout the freight forwarding process.