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A freight forwarder does not move the goods but acts as an agent in the logistics network and will carry out freight consolidation, rate negotiations, shipment tracking, customs and other documentation, among other tasks. FIATA describes a freight forwarder as the "architect of transport".
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.
Examples are courier, express and parcel services; ocean carriers, freight forwarders and transshipment providers. The most significant difference between a second party logistics provider and a third-party logistics provider is the fact that a 3PL provider is always integrated into the customer's system.
The Toll Group is an Australian freight company that operates a logistics and global freight forwarding network spanning 150 countries, with over 20,000 customers. Toll has more than 16,000 team members across 500 sites.
The McDan Group is a Ghanaian transportation and logistics company with operations in freight forwarding for land transports, sea freight, air freight and contract logistics. [1] [2] The headquarters of the company is in Accra, Ghana. It has presence in Sierra Leone, Liberia and Equatorial Guinea.
Expeditors maintains a compensation structure that is unique to the logistics industry. According to their 2003 annual report, [8] "Each of the Company's branches are independent profit centers and the primary compensation for the branch management group comes in the form of incentive-based compensation calculated directly from the operating income of that branch.