Freight Forwarding is a specialist skill, which entails organising shipments of raw supplies or finished goods from the supplier or manufacturer, to the point of distribution or final market place.
Forwarders are master logisticians who use a variety of shipping modes including ships, airplanes, trucks, and rail to ensure that delivery is made in the quickest and cheapest way possible.
Freight forwarders often work internationally organizing the movement of goods between countries. They need to know each country’s export and import regulations as well as the details of waybills, licences, insurance, and other essential documents.
Competitors and results
The Great Silk Road, the main transport artery of the Middle Ages, facilitated the development of both trade and cultural exchange relations between countries.
The port of Shanghai (PRC) has the highest freight turnover in the world.
Sea and river freight forwarding is the oldest, and in the past, was the only way of transportation of various types of freight.
Japan, USA, Germany, France, UK, and some other European countries currently account for up to 85% of world’s freight turnover.