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 ?
Note 3: Ocean freight forwarders are not carriers, as they do not issue their own bills of lading.
Union-Transport (UTi), one of the world's leading supply chain services providers, air and ocean freight forwarders and customs brokers, has signed a global logistics partnership agreement with Coty Inc.
Union-Transport (UTi), one of the world's leading supply chain services providers, air and ocean freight forwarders and customs brokers, has been granted the privilege of filing customers' customs information remotely, it was announced today by Roger MacFarlane, UTi chief executive for the Americas.
UTi), one of the world's leading supply chain services providers, air and ocean freight forwarders and customs brokers, has become a Global Partner of Lufthansa Cargo, it was announced today by Peter Thorrington, Union-Transport chief executive for Europe.
Union-Transport (U-T), one of the world's leading air and ocean freight forwarders, customs brokers and supply chain services providers, has launched a new U-CONNECT message interface and brokering system for implementation with major global supply chain services customers, it was announced today by Peter Thorrington, U-T chief executive for Europe.
Union- Transport (U-T), one of the world's leading supply-chain services providers, air and ocean freight forwarders and customs brokers, has acquired Inter-Maritime Forwarding Co.
Union-Transport (U-T), one of the world's leading air and ocean freight forwarders, customs brokers and supply chain services providers, has opened a new, wholly owned subsidiary in the Republic of Ireland, effective September 1, 1999, it was announced today by Peter Thorrington, U-T chief executive for Europe.
Union-Transport Group (U-T), one of the world's leading air and ocean freight forwarders and supply chain services providers, has won a three-year contract as the logistics provider for the global freight of the De La Rue Group, it was announced today by Peter Thorrington, U-T chief executive for Europe, and John Hextall, U-T managing director for the United Kingdom.
UTi is a global supply chain services provider, air and ocean freight forwarder and customs broker, providing customized supply chain solutions to customers worldwide, with annual revenues in excess of $600 million.

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