Forwarder

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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 ?
How traditional freight forwarders respond to the growth of e-commerce market place competitors will shape the industry going forward
Part of the subject of performance will be carrying out inspections and servicing work specified by the manufacturer forwarders for the duration of the required length of the warranty period, incl.
Most forwarders have a "open Cargo" marine insurance policy.
Cleared freight forwarders are listed in the Military Assistance Programs Address Directory (MAPAD).
Brandon Fried, Executive Director of the Air Forwarders Association stated: "The inconsistencies in the Department of Defense and the Air Mobility Command Freight Traffic Rules Publication 5 (AFTRP 5) regulations result in vendor inefficiency.
We found that forwarders and airlines were duplicating efforts.
In addition, the air forwarders must have a method for inspecting customers, although with FAA approval, they can have less stringent measures for companies like General Motors that conduct regular business, than for those who walk in off the street.
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.
The Airport, which is home to more than 100 multinational freight forwarders, consolidators and logistics providers, is served by more than 40 cargo carriers that offer local shippers and forwarders access to markets throughout North America, South America, Europe and Asia.
Carriers in the following categories will qualify: common, hazardous materials, bulk fuel, shipper agents, freight forwarders, air freight forwarders, brokers, and transportation protective services.
The Philippines government is taking measures to clamp down on the number of gift boxes from overseas workers going missing, proposing an accreditation system to regulate foreign cargo forwarders.
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.