Freight forwarders, or forwarding agents, arrange cargo movement to international destinations. They are typically non-asset based and organise the supply chain, as well as preparing and processing documentation needed to ship goods internationally. Information processed by freight forwarders includes the commercial invoice, the bill of lading, the shipper’s export declaration, and other documents required by the carrier or country of export and import. They are 3PL providers in the landscape of logistics intermediaries. See also 4PL.« Back to Glossary Index
Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.