Forwarder

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Related to Freight Forwarders: International Freight Forwarders

Forwarder

Acts as a travel agent for cargo. A forwarder specializes in arranging the transport and completing required shipping documentation. Some are affiliated with NVOCC services. In the United States they are licensed by the Federal Maritime Commission.

Forwarder

A company that arranges transportation services for importers and exporters. A forwarder prepares the appropriate documents, contacts and arranges services from the companies that actually transport goods, and handles insurance matters. In other words, a forwarder handles the large number of details associated with international transportation so the importer and/or exporter do not have to do so themselves. It is also called a freight forwarder. See also: NVOCC.
References in periodicals archive ?
In an effort to ensure the best "bang for the buck," many purchasers have turned to using these commercial freight forwarders.
For the first time, Global Freight Forwarding now contains complete rankings of the Top 20 freight forwarders ranked by revenue which will provide critical information as the market grows and M&A activity is expected to vastly increase.
The company said the partnership has been expanded to drive the development of new e-shipping solutions for WIN's expanding network of freight forwarders.
After two years preparation which will be developed in three phases, such Asia's first-of-its-kind e-platform offers one-stop air cargo booking service for freight forwarders including real-time online quotation, air cargo space reservation and cargo tracking.
The majority of these freight forwarders are classified as small to medium-sized enterprises (SMEs) employing less than 50 workers.
Mitchell Wasserman, chief executive officer and cofounder of the company, said not only did freight forwarders previously have to use typewriters to prepare certificates of insurance on onionskin paper in triplicate, there was no control over what insuring terms were typed on the negotiable documents, presenting significant risks to insurers.
DFW provides a full range of logistic support resources including freight forwarders, customs brokers, third-party logistics companies and trucking firms.
Michael's counterpart at the Household Goods Freight Forwarders of America, Inc.
Cleared freight forwarders are listed in the Military Assistance Programs Address Directory (MAPAD).
This expanded alliance with INTTRA enables WIN to create new end-to-end shipment and track-and-trace solutions that help origination and destination freight forwarders gain the benefits of INTTRA s platform, along with the easy access it offers to high-quality container event shipping data.
In today's broad global network, freight forwarders are becoming Logistics Service Providers (LSP), and customers are demanding faster deliveries and better services at reduced prices.
6 dated May 15, 2006 in terms of which Shipping Companies/Air lines or their authorized agents were allowed to issue Master Bill of Lading (MBL) /Master Airway Bills (MAWB) in the name of the Freight Forwarders (as shippers) subject to the terms and conditions as mentioned in the said circular.

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