Monday, December 2, 2013

Typical Duties Of Freight Forwarding Agents


by Belinda Norbert


The freight forwarder is a key provider for importers and exporters. This type of work requires experience and competence in this particular trade. An agent's principal obligation is to put in place a well-organized mode of transporting consignment. As a forwarder, you must have a reliable network of shipping companies, trucking firms, airlines, and operators of rail freight.

The forwarder can be referred to as a manager in the conveyance of consignments. This expert in cargo movement studies and recommends to client the best possible route to transport massive volumes of commodities from the starting point to the final destination. All possible means of transport may be used to make sure that the cargo arrives at its destination quickly, at the least possible price and without damages or losses.

Smart forwarders also take care of negotiating terms and contracts along with handling rates. Said agent compiles and reviews all documents for insurance and customs requirements. Related tasks include fulfillment of foreign governments' trade and tariff regulations, and filing claims with insurance agencies.

Forwarders also provide minor industry-related services. These are working on paperwork required for customs clearances; payment of duties; processing of Bill of Lading and financial documents needed by banks; facilitation of insurance services and applying for claims; management of supply inventory; logistics; and, other value-added requirements.

Forwarders are also in charge of making payments and processing documents needed in this methodology. This job means that you have to update customers of the entire cycle every now and then. You have to gather data and prepare written reports that will be submitted to clients on a regular basis.

The freight forwarder may also be instructed by the client to facilitate payments for cargo shipments and collections of fees. Knowledge of electronic commerce systems, web-based technology and satellite monitoring techniques (GPS) is a must. Finally, forwarders can act as customs brokers, manage special arrangements for sensitive products, set up courier or specialized messenger services, and coordinate air or sea charters for heavy volumes of merchandise.




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