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Freight Forwarder

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.

An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination.

The role of a freight forwarder is to collect and consolidate shipments that are less than a carload or truckload and obtain common carrier transportation for the long-haul transport of the property, which is owned by individual carload or truckload shippers. Such a forwarder ordinarily has the same liability for loss as a common carrier.

Cross-references

Shipping Law.
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High transportation costs discourage the growth of trade; enter the freight forwarder who will have the knowledge and expertise to minimize the aforementioned costs for any firm.
Shipping Companies - Architects of Transport by Allen Anderson / Transportation industry community
Since many user countries contract freight forwarders, freight forwarder participation is dependent on purchaser approval.
Enhanced freight tracking system: increased visibility for the future by Manville, Kidd / DISAM Journal
The vast majority of these exports are bulky items and some, such as chemicals, require freight forwarders to pay especially close attention to their safe freight transport.
The International Freight Sector - Supporting Sweden's Free Trade by Stephen Willis / Business community
 
 
 
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