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The Business of Forwarding Freight

Forwarding Freight

The business of forwarding freight is certainly picking up, as complete globalization is not only a prediction of things to come but already a reality that continues to expand. Forwarding freight largely involves international shipping, by way of truck, train, water vessel or airplane. All documentation must be accounted for as any international transaction is subject to governmental supervision and various legalities. Some of these documents (whether paper based or digitally stored) include invoices, shipper’s export declaration, bills of lading and other documents accounting for carriers that are importing or exporting products. Keep in mind that if you work in the United States in the business of forwarding freight then you must be licensed according to each respective authority. For example, an Ocean Transportation Intermediary requires licensing by the Federal Maritime Commission. Similarly, forwarders that work by air will require licensing as a cargo agent for the International Air Transport Association.

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admin @ November 21, 2008

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