The term freight forwarding is associated with logistics services, concerning the transportation of bulk shipments across international borders via air, water, or road. Companies that handle freight forwarding not only handle deliveries but also look after warehousing, and transportation. Also, the integration of new-age technology into the logistics industry has further elevated the level of services provided by freight forwarders these days.
This blog will discuss how freight forwarding benefits companies in the contemporary business environment.
Understanding the Basics of Freight Forwarding
Freight forwarding companies act as a middleman between shippers and transportation service providers. It is cost-effective because it aids business owners in cutting expenses associated with transportation, warehousing, packaging, etc. They build partnerships with shipping firms and also assist clients in organising each stage of the shipment on their behalf.
Types of Freight forwarding
This involves moving the products and parcels around by using land routes. The most common transportation facility used under land freight forwarding is trucks.
To carry freight from one location to another, freight forwarding companies make use of their networks of private vehicle owners and transport businesses. The service of truck freight forwarding is specialised. As a result, it frequently carries certain shipments or items. Truck freight forwarding frequently uses refrigerated vehicles and transports heavy or temperature-sensitive cargo.
This involves moving the products and parcels by air routes, mainly through cargo planes. Freight forwarding companies handle the transportation of commodities over long distances and frequently use several different means of transportation. They are in charge of the shipment from the time it leaves its origin until it reaches its final destination in another country. Shipments including non-machine freight, machine freight and parcel deliveries can all be included in air freight forwarding services. Products that are typically shipped by air are food, clothing, electronics, machinery, etc.
Ocean freight forwarding is transporting goods through container shipping. Anything too heavy, expensive, or time-sensitive to ship by air is often transported via ocean freight services. Ocean freight is less expensive and allows for the transportation of a greater variety of commodities, but takes longer to reach its destination than air freight.
Advantages of Freight forwarding
- Handling documents
When hiring a freight forwarding company, you get the liberty to be free. The freight forwarder handles all the documentation for you while exporting, importing and during shipments. There are several documents involved in this process, airway bills, bills of lading, invoices, checklists, etc. They will handle all of it on their own and even pay bills on the spot to avoid any delays in case you are not available at the time.
- Pickup and delivery
Another benefit of hiring a freight forwarding company is that along with your documents, they also take care of the pickup and delivery of your products. They pick up the products from the warehouse facilities and deliver them to the destination. It is their responsibility to ensure that the goods are delivered on time and safely with zero damage.
Freight forwarding is an economical way of carrying out the process of order fulfilment for your business. It tackles everything on its while also cutting down the costs. The freight forwarding companies work on a massive scale which provides cost-effectiveness and low price rates for shipping and deliveries. Thus, you can carry out your business with minimal or no initial costs.
- Avoid risks
Freight forwarding is a secure and safe alternative to carrying out the fulfilment on your own. A freight forwarder deals with the documentation, customs and insurance, thus providing overall risk mitigation. Freight forwarding is reliable about other fundamental viewpoints, and this way clients can optimize their business growth and avoid risks.
- Timely delivery
Freight forwarders or freight forwarding companies provide time-stipulated deliveries to their customers, taking care of the time of both arrival and departure of the goods. The freight forwarding software provides this information in real-time so that the customer gets on-time updates.
A freight forwarder acts as a vital link between the buyer and the seller, while freight forwarding makes the process easy and hassle-free. In the era of rapid digitalisation, freight forwarding plays a pivotal role by looking into the processes such as storage, warehousing, and providing timely updates, while making sure that the goods are delivered safely. There are a lot of benefits to working with a freight forwarder because they carry expertise, skills and experience in supply chain management and logistics operations.
If you are looking for a cost-effective and reliable freight forwarder to handle your logistics and shipping needs, look no further than NimbusPost, a tech-enabled shipping aggregator which is dedicated to providing streamlined freight forwarding services to importers-exporters globally at economical rates. They are currently operating across 196+ countries and territories.