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Freight transport, also referred to as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. [1] The term shipping originally referred to transport by sea but in American English , it has been extended to refer to transport by land or air (International English: "carriage") as well.
In transportation, freight refers to the conveyance of goods by land, water or air, while cargo refers to the goods being transported. In economics , freight refers to goods transported at a freight rate for commercial gain.
A freight forwarder or forwarding agent is a person or a company who co-ordinates and organizes the movement of shipments on behalf of a shipper (party that arranges an item for shipment) by liaising with carriers (party that transports goods).
Freight companies are companies that specialize 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 ...
Some terms may be used within other English-speaking countries, or within the freight industry in general (air, rail, ship, and manufacturing). For example, shore power is a term borrowed from shipping terminology, in which electrical power is transferred from shore to ship, instead of the ship relying upon idling its engines.
FOB is only used in non-containerized sea freight or inland waterway transport. As with all Incoterms, FOB does not define the point at which ownership of the goods is transferred. The term FOB is also used in modern domestic shipping within North America to describe the point at which a seller is no longer responsible for shipping costs.
A Class 92 hauled container freight train on the West Coast Main Line, United Kingdom A long grain train of the Union Pacific Railroad crossing a bridge in Washington state, United States Freight trains wait for departure in Zhengzhou, China. Rail freight transport is the use of railways and trains to transport cargo as opposed to human passengers.
It helps protect the freight from handling and transit damage. It helps protect freight from being damaged by shipper's freight. It helps reduce package pilferage; It helps to avoid loss situations; situations in which some of customer's freight is separated from the rest and lost in transit. Other considerations: