Forwarder

(redirected from forwarders)
Also found in: Dictionary, Encyclopedia.

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 ?
However, for the final-mile delivery, forwarders will now need to add that same level of transparency and partner with a either local providers or a global providers with appropriate assets depending on the country.
Many freight forwarders in the global market already use Logitude, says Hasan Raza, CEO, Penta Solutions.
The FTEB, a DTI-CPG line bureau, regularly posts its advisory of erring foreign and local sea freight forwarders for non-delivery of Balikbayan boxes in the DTI website.
The complete list of the blacklisted freight forwarders and consolidators, and those that have pending cases are uploaded on the DTI's website (http://www.
Forwarders compete in a "time is money" market where on-time performance is a vital key to success, and the agency is concerned that this can trickle down through the motor carrier company and result in coercion.
After investigations, 52 companies were found to be unaccredited and unlicensed freight forwarders but with foreign principals and counterparts, six of which were operating from the UAE.
Our aim was to ensure that the need for forwarders, which complied with the terms of the CASS agreement, to provide expensive and cumbersome bank guarantees, was lifted.
Calogi's customer portal currently consists of 90 airlines and over 380 freight forwarders.
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.
Each wheel of the eight-wheel-drive forwarders are fitted with NAF planetary drives, driven thorough the bogie axle housing by a differential gear set driven off the transmission driveshaft.
DFW provides a full range of logistic support resources including freight forwarders, customs brokers, third-party logistics companies and trucking firms.
A group of Seattle-area freight forwarders have agreed to pay $2 million in penalties to the U.