Freight Forwarding Process | Who is Freight Forwarder ? | Freight Forwarding Business | Roles

00:03:25
https://www.youtube.com/watch?v=B2SlQTcTibs

Resumen

TLDRThe video on freight forwarding explores its essential function in the logistics industry, particularly concerning international trade. Freight forwarding acts as an intermediary between businesses and transportation services, facilitating export and import operations without physically moving goods themselves. Unlike freight brokers, freight forwarders take possession of the goods, perform warehousing, and manage shipments through various modes such as sea, air, and land. Their responsibilities include handling documentation, consolidating shipments, providing insurance, and tracking shipments. The freight forwarding process involves several steps, including export haulage, Customs clearance, origin handling, and import handling, ensuring smooth transportation of goods from the shipper to the final destination.

Para llevar

  • 🚢 Freight forwarding is crucial for global logistics and trade.
  • 🔀 Freight forwarders serve as intermediaries in shipping processes.
  • 📦 They manage the entire logistics chain, including warehousing and documentation.
  • 📜 Essential paperwork like Customs documents is handled by forwarders.
  • 🌍 Forwarders coordinate international shipments by various transport modes.
  • 💼 Unlike brokers, forwarders take physical possession of goods.
  • 🏢 Consolidation reduces costs by combining shipments.
  • 🛡️ Insurance services protect against shipment loss or damage.
  • 📈 Tracking is provided to monitor shipment progress.
  • 🛫 The process includes steps from export haulage to import delivery.

Cronología

  • 00:00:00 - 00:03:25

    The video introduces freight forwarding, an essential service in the global logistics industry for companies involved in international trade. Freight forwarders act as intermediaries between shippers and transport services. Unlike freight brokers, freight forwarders take possession of the goods, handling tasks such as storage, packing, and shipping. They perform a variety of logistics functions including shipment organization, documentation, consolidation, warehousing, insurance, and tracking. The freight forwarding process involves several steps: export haul, export customs clearance, origin handling, transportation via ocean or air freight, import customs clearance, destination handling, and import haul to deliver goods to their final destination. The video also invites viewers to learn more about logistics on the channel.

Mapa mental

Vídeo de preguntas y respuestas

  • What is freight forwarding in logistics?

    Freight forwarding is a service used by companies for international import and export, acting as an intermediary between shippers and transport services.

  • How is a freight forwarder different from a freight broker?

    A freight forwarder takes physical possession of the freight, whereas a freight broker does not.

  • What responsibilities do freight forwarders have?

    Freight forwarders handle shipment organization, documentation, consolidation, warehousing, insurance services, and tracking.

  • Can a freight forwarder handle Customs clearance?

    Yes, freight forwarders manage all necessary documentation and compliance for Customs clearance.

  • What are the steps involved in the freight forwarding process?

    The process includes export haul, export Customs clearance, origin handling, ocean or air freight, import Customs clearance, destination handling, and import haul.

  • Why is consolidation important in freight forwarding?

    Consolidation combines smaller shipments into a single container to reduce shipping costs.

  • Do freight forwarders offer insurance services?

    Yes, freight forwarders often offer insurance services to protect shipments from loss, damage, or theft.

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Desplazamiento automático:
  • 00:00:00
    [Music]
  • 00:00:05
    Welcome to our Channel today we'll talk
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    about crucial aspect of the global
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    logistics industry Freight forwarding
  • 00:00:12
    let's break it down what is Freight
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    forwarding in logistics Freight
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    forwarding is a service used by
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    companies dealing in international or
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    multinational Import and Export a
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    freight forwarder does not move the
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    goods but acts as an intermediary
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    between the shipper and various
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    transportation services such as ocean
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    shipping on cargo ships Trucking
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    expedited shipping by Air Freight and
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    moving Goods by rail but how Freight
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    forwarding is different from freight
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    broker there's one key difference
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    between Freight forwarder and broker
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    work a freight broker never takes
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    physical possession of the freight while
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    a freight forwarder does often storing
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    packing and even shipping that Freight
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    you can watch this video to know more
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    about freight broker role of freight
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    forwarders Freight forwarders are
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    responsible for a variety of logistics
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    and transportation services including
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    organizing shipments coordinating the
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    movement of goods from the manufacturer
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    to the market customer or final point of
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    distribution documentation handling all
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    necessary documentation including bills
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    of lading Customs documentation and
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    Export paperwork consolidation combining
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    smaller shipments into a single
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    container to reduce shipping costs
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    warehousing providing temporary storage
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    facilities Insurance offering Insurance
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    Services to protect shipments from loss
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    damage or theft tracking monitoring the
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    progress of the shipment from origin to
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    destination the freight forwarding
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    process now let's walk through the
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    freight forwarding process step by step
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    step one export Hol the Journey Begins
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    With export Hol where goods are
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    transported from the shipper's location
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    to the freight forwarder
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    warehouse this can be done via Road or
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    rail step two export Customs clearance
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    before the goods leave the country they
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    must clear Customs Freight forwarders
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    handle all the necessary documentation
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    and Customs
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    requirements step three origin handling
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    once at the warehouse goods are
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    inspected packaged and Consolidated for
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    international shipment step four ocean
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    Freight or Air Freight goods are then
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    shipped via the chosen mode of
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    transportation either by sea or air the
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    freight forwarder book space with
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    carriers and arranges for loading onto
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    the vessel or
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    aircraft step five import Customs
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    clearance upon arrival in the
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    destination country Goods must clear
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    Customs the freight forwarder manages
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    the necessary documentation and
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    compliance step six destination handling
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    goods are unloaded and prepared for
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    delivery which may involve
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    deconsolidation and
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    inspection step seven import Hol finally
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    goods are transported from the warehouse
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    to their final destination be it a
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    distribution center retail location or
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    directly to the customer that's it for
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    today
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    you can watch more supply chain and
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    Logistics videos on channel don't forget
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    to like comment and subscribe thanks for
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    watching
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    [Music]
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    [Applause]
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    [Music]
Etiquetas
  • logistics
  • freight forwarding
  • international trade
  • shipment
  • Customs clearance
  • warehousing