Freight forwarding is the process of organizing and coordinating the transfer of commodities across international borders on behalf of shippers and receivers. Warehouse planning, providing cargo insurance, and customs brokerage are just a few of the other responsibilities that must be completed.
For shippers, freight forwarding is the strategic planning and execution of logistics for the worldwide transportation of products on their behalf. Specifically, a freight forwarder will be responsible for a variety of activities such as freight rate negotiations, cargo tracking, customs paperwork, and freight aggregation, among others.
For organizations that have the resources to implement smart logistics plans, importing and exporting can be a lucrative source of revenue generation. However, the logistics of international shipment are, to put it mildly, difficult to manage.
