Definitions for "Air Freight Forwarder" Add To Word List
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Non-asset-based firm whose primary advantage is cost. Negotiate low rates with the airlines and resell in small quantities to the shippers.
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An Air Freight forwarder provides pickup and delivery service to and from the shippers dock. Responsibilities also include consolidating shipments from various shippers into larger units, preparing shipping documentation and tendering freight to the airlines. Forwarders do not generally operate their own aircraft and may be classified as an "indirect air carrier".
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A Service organization which serves the dual role of air carrier (usually indirect) and shipper. To the shipper the air freight forwarder is an indirect air carrier because it receives freight under its own tariff, yet does not actually operate the airplanes. The air freight forwarder provides pick-up and delivery service to and from the shippers dock, consolidates shipments into larger units, prepares shipping documentation and tenders shipments to the airlines. To the airlines, the air freight forwarder is a shipper. Ordinarily an air freight forwarder is classed as an indirect air carrier, however, some air freight forwarders operate their own aircraft.
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A type of freight forwarder who specializes in air cargo. He usually consolidates the air shipments of various exporters, charging them for actual weight and deriving his profit by paying the airline the lower consolidated rate. He issues his own air waybills to the exporter and has the status of an indirect air carrier. (See also Air Cargo Agent and Forwarder, Freight Forwarder, and Foreign Freight Forwarder)
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A type of freight forwarder who specializes in air cargo. Refer to Freight Forwarder or Forwarder.
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An air freight forwarder provides pickup and delivery service under its own tariff, consolidates shipments into larger units, prepares shipping documentation, and tenders shipments to the airlines. Air freight forwarders do not generally operate their own aircraft and may therefore be called "indirect air carriers." Because the air freight forwarder tenders the shipment, the airlines consider the forwarder to be the shipper.
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