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Freight Forwarding: Shipment Logistics, Documents, and Trade Routes

   

Added on  2023-06-08

20 Pages3275 Words429 Views
Running head: FREIGHT FORWARDING 1
Freight Forwarding
Name
Institution
Freight Forwarding: Shipment Logistics, Documents, and Trade Routes_1
FREIGHT FORWARDING 2
Executive Summary
The freight forwarding process involves acting on behalf of the importers or exporters as
well as other companies that perform the organization of efficient, safe, as well as transportation
of goods that are cost effective. This process has numerous activities performed in the offices of
the one taking part in freight forwarding. These processes include documentation from one office
to the other, for instance, receipts of documents from the agent like checking documents as well
as carrier bills among others.
The shipment logistics in the freight forwarding involves having the understanding and
the concepts of the freight forwarding process. For this reason, this paper takes an objective
practice in the processes of freight forwarding, taking into consideration the logistics involved in
the shipment processes, the documents, e.g., letter of credit, export permit, packing list,
commercial involve, the warehousing, among others.
Freight Forwarding: Shipment Logistics, Documents, and Trade Routes_2
FREIGHT FORWARDING 3
Table of Content
1. Executive Summary .........................................................................2
2. Table of contents ............................................................................3
3. Shipment Logistics...........................................................................4
4. A company and letterhead ..................................................................5
5. Buyer's company name and address .......................................................6
6. Flowchart (warehouse to clients’ door)....................................................6
7. Documents.....................................................................................7
-Commercial Invoice.........................................................................
-- Packing List.................................................................................
-Bill of Lading.................................................................................12
-Export Permit/Declaration................................................................
- Certif. Origin.............................................................................
-Letter of Credit..............................................................................13
8. Bibliography...................................................................................14
Freight Forwarding: Shipment Logistics, Documents, and Trade Routes_3
FREIGHT FORWARDING 4
Shipment Logistics
In the freight forwarding transportation systems, there are methods used and the alternative
methods of transportation. Among these alternative methods, it is important for the forward
freight company to be in a position to provide the freight solutions to customers according to
their need requirements, choose the right alternative method that best meets the shipping
deadlines (Popovych et al. 2016). More than that, there are arithmetic considerations that are
most efficient to ship a cargo that the company must have at fingertips from the logistical
departments.
As a logistics Director, it is important to realize the criticality of information and stay updated
on the happenings on the international trade routes. The above situation calls for the department
of logistics, the professional freight forwarder, to be in quick awareness of the domestic events
that may hinder the transportation performances (Sedláček, 2017). In the events of such
information, the department is in a position to opt for carriers that have an interchange agreement
with the country’s railways or other modes of transport. In the situation above, the logistics
department would be in a position to opt for other agreement with Canada’s other railway,
Canadian Pacific Railway, among others. In most cases, information concerning such situations
is printed in the CIFFA newspapers or broadcasted.
Considering the closeness of the Toronto to Montreal, the best alternative as the logistics
director is to truck the container from Toronto to Montreal, of course, at additional charges. I
would first ensure I check with the carrier at the ocean in determining whether or not they are
willing to do this (Metzger et al. 2015). If they refuse to truck the container from Toronto to
Montreal, I would in a better position to use my own company’s drayage company to perform
Freight Forwarding: Shipment Logistics, Documents, and Trade Routes_4

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