Freight Forwarding

Topics: Export, International trade, Logistics Pages: 3 (849 words) Published: March 31, 2012
[E X E C U T I V E S U M M A R Y]

[E X E C U T I V E S U M M A R Y]

Executive Summary:
Freight forwarding is a service used by companies that deal in international or multi-national import and export. While the freight forwarder doesn't actually move the freight itself, it acts as an intermediary between the client and various transportation services. Sending products from one international destination to another can involve a multitude of carriers, requirements and legalities. A freight forwarding service handles the considerable logistics of this task for the client, relieving what would otherwise be a formidable burden. Freight forwarding services guarantee that products will get to the proper destination by an agreed upon date, and in good condition. The freight forwarding service utilizes established relationships with carriers of all kinds, from air freighters and trucking companies, to rail freighters and ocean liners. Freight forwarding services negotiate the best possible price to move the product along the most economical route by working out various bids and choosing the one that best balances speed, cost and reliability. Freight forwarders perform a key role in any trade. The freight forwarder is the architect of the international transport and plays an important role in the growth of the international trade in India by helping exporters, shippers, importers, customs/ports authorities etc. Objectives of the study:  To analyze the market potential for providing the services related with import export to the customers.  To know Import & Export industry in depth.  To know the requirements of the customers who import and export goods and services.  To know the documentation part of export and import procedures.  To analyze the current situation of Abhi Impact Logistics in export and import industry.  To know about market movement to analyze the current services and their application.  To know about the productivity of the employees. iv...
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