Freight company

Freight company

Freight companies are companies that specialise in the moving (or "forwarding") of freight, or cargo, from one place to another. These companies are divided into several variant sections. For example, international freight forwarders ship goods internationally from country to country, and domestic freight forwarders, ship goods within a single country.

General

There are thousands of freight companies in business worldwide, many of which are members of certain organizations. Such organizations include the IATA (International Aviation Transport Association), the BIFA (British International Freight Association), or the FTA (Freight Transport Association) and various or other regional organisations.

hipping methods

There are various methods of shipping goods; by air, road, sea, or rail. Some companies offer multi-modal solutions, this means that they offer more than one service, in many cases air and sea and in other cases air, sea, and road.

The best way to determine a shipping method is by evaluating three factors: Time, Cost and Product Characteristics. While shipping by sea could take longer than shipping by air, the latter will always remain more expensive for a given set of shipments. Shipping by Rail could also be complimented by "piggybacking"1 the freight onto a truck so it can be delivered to the receiver.

Couriers

Courier companies are usually spin-offs from freight forwarders. There are various types of courier companies, such as airfreight courier companies (FedEx, Skynet, Crossflight) or road couriers (Circle Express).

Logistics brokers

Freight brokers are companies that have access to a library of freight carriers and search for the right availability based on customer specifications. Marketrans Transportation Services Inc., and The Freight Rate Company are two of many examples. These also offer various value-added services that encompass transportation, logistics, and distribution. Typically, freight brokers do not "fingerprint", or touch, the freight. They engage in helping shippers find the best price with the best carrier for any given load.

Other logistics companies include 3rd-Party Logistics Providers. They offer a variety of supply chain and distribution-related practices and techniques in order to improve in-house logistics. The main difference between a traditional freight broker and most 3rd-Party Logistics Providers is that freight brokers do not actually touch (fingerprint) the freight, whereas 3rd-Party Logistics providers often do. This can happen, for example, when the 3rd-Party Logistics company handles outsourced manufacturing and/or warehousing. Such companies include the likes of BAX Global, Shenker Logistics, UPS Logistics Division.

Freight companies

Some of the most well-known and worldwide companies are United Parcel Service, DHL, and FedEx. Some of these freight companies tend to specialize in certain goods. For example, Activair is the world's largest freight forwarder when it comes to the book industry. Many smaller, Internet freight quote and freight shipping companies are gaining traction in the marketplace. These websites, such as FreightClick, provide customers with the ability to rate shop on-line. This can help shippers of all sizes save time and money moving their freight.

References

ee also

*Customs brokerage
*Shipping
*Shipping line

[*Freight & Shipping Inc.


Wikimedia Foundation. 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • freight — A transportation term meaning either goods being transported, and/or charges incurred for such transport. Bloomberg Financial Dictionary * * * ▪ I. freight freight 1 [freɪt] noun [uncountable] 1. TRANSPORT goods carried in large quantities by… …   Financial and business terms

  • Freight payment service — Freight Payment ServiceThe freight payment industry was actually formed by a series of Banks when the transportation marketplace was heavily regulated. Motor carrier bills had to be paid within 7 days and rail bills needed to be paid within 5… …   Wikipedia

  • Freight Australia — was a railway company in Australia. Initially known as Freight Victoria, it operated rail freight services and controlled non urban rail track in the state of Victoria, later expanding into freight haulage in other states. Freight Australia was… …   Wikipedia

  • Freight railways in Melbourne — Line details Stations None Tracks Both broad, standard and dual gauge …   Wikipedia

  • Freight train — or goods train is a series of freight cars hauled by a locomotive on a railway, ultimately transporting cargo between two points as part of the logistics chain. Trains may haul bulk, containers or specialized cars. Under the right circumstances,… …   Wikipedia

  • Freight Rover — was a British commercial vehicle manufacturer based in Birmingham, England.HistoryThe company was created as a division of the Land Rover Group of British Leyland (BL) in 1981, creating a new single brand for BL s panel van business.Under later… …   Wikipedia

  • Freight — (fr[=a]t), a. Employed in the transportation of freight; having to do with freight; as, a freight car. [1913 Webster] {Freight agent}, a person employed by a transportation company to receive, forward, or deliver goods. {Freight car}. See under… …   The Collaborative International Dictionary of English

  • Freight agent — Freight Freight (fr[=a]t), a. Employed in the transportation of freight; having to do with freight; as, a freight car. [1913 Webster] {Freight agent}, a person employed by a transportation company to receive, forward, or deliver goods. {Freight… …   The Collaborative International Dictionary of English

  • Freight car — Freight Freight (fr[=a]t), a. Employed in the transportation of freight; having to do with freight; as, a freight car. [1913 Webster] {Freight agent}, a person employed by a transportation company to receive, forward, or deliver goods. {Freight… …   The Collaborative International Dictionary of English

  • Freight train — Freight Freight (fr[=a]t), a. Employed in the transportation of freight; having to do with freight; as, a freight car. [1913 Webster] {Freight agent}, a person employed by a transportation company to receive, forward, or deliver goods. {Freight… …   The Collaborative International Dictionary of English

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”