Functions of Freight Forwarders
Course Lessons: 4
Minutes of Learning: 150
- Understand the Functions of a Freight Forwarder
- Develop Expertise in Transportation Modes and Carrier Options
- Leverage Technology for Supply Chain Optimization
Course Overview
Explore the role of freight forwarders in traditional and modern supply chain contexts, including their responsibilities under trade terms and their expertise in transportation modes, rate structures, and carrier routing. Gain insight into the history and evolution of freight forwarding, the expectations of shippers, and the industry’s current state with emerging technologies. Learn how forwarders add value and expand their services to become integrated supply chain providers or third-party logistics (3PL) partners.
- Understand and explain the functions of a freight forwarder, both in the traditional context as well as with respect to broader supply chain services.
- How trade terms determine extent of the seller’s responsibility for through transportation.
- Why today’s shipping professional should have sufficient expertise to understand available options with respect to all transportation modes, rate structures and carrier routing choices.
- Understand the definitions of a “freight forwarder”, and why there are more than one.
- What do shipper’s expect of their freight forwarders?
- Awareness of the history of freight forwarding.
- Current state of the forwarding industry based on today’s technology.
- How forwarders create added value for their customers using today’s technology and communications.
- How forwarders can provide a range of extensible services to become a more comprehensive and integrated supply chain logistics provider, sometimes referred to as a “3PL”.