freight forwarder
Definition
Firm specializing in arranging storage and shipping of merchandise on behalf of its shippers. It usually provides a full range of services including: tracking inland transportation, preparation of shipping and export documents, warehousing, booking cargo space, negotiating freight charges, freight consolidation, cargo insurance, and filing of insurance claims. Freight forwarders usually ship under their own bills of lading or air waybills (called house bill of lading or house air waybill) and their agents or associates at the destination (overseas freight forwarders) provide document delivery, deconsolidation, and freight collection services. Also called forwarder.
freight forwarder is in the Banking, Commerce & Finance, International Trade & Relations, Purchasing & Procurement and Shipping, Transport, & Travel subjects.
freight forwarder appears in the definitions of the following terms:
forwarder's bill of lading (B/L),
forwarder,
freight bill of lading (B/L),
forwarder's documents,
indirect exports,
consolidated shipment,
multimodal bill of lading (B/L),
consolidation service,
non vessel operating common carrier (NVOCC),
forwarder's air waybill (AWB)
and
This content can be found on the following page:
http://www.businessdictionary.com/definition/freight-forwarder.html
email to a friend print this definition cite this definition