The task that best describes the value proposition offered by freight forwarders is that they:
The task that best describes the value proposition offered by freight forwarders is that they:
Freight forwarders provide a critical service in the logistics and shipping industry by consolidating shipments from various customers to achieve lower transportation rates. This role involves combining smaller shipments into larger loads, allowing for more efficient use of transportation resources and cost savings. They act as intermediaries, facilitating the movement of goods through an optimized logistics network, thereby reducing overall shipping costs for their clients.
I think correct answer C...‘The “middle man” between the carrier and the organization shipping the product. Often combines smaller shipments to take advantage of lower bulk costs.’ Reading further in the CLTD learning system I prefer associating the term “middle man” to a broker than to a freight forwarder. A broker is primarily serving as matchmaker between a shipper and a carrier. Trying to find available carrier space to satisfy a specific shipment then connect the two. A freight forwarder provides additional value by potentially consolidating multiple shipments (from multiple companies) into larger loads to gain better truckload rates (assuming the original shipment was an LTL volume
C. consolidate shipments from various customers and offer lower transportation rates.
The option that best describes the value proposition offered by freight forwarders is: "consolidate shipments from various customers and offer lower transportation rates." Freight forwarders play a crucial role in the transportation and logistics industry by facilitating the movement of goods from one location to another. They act as intermediaries between shippers (individuals or companies who need to transport goods) and transportation services such as shipping lines, airlines, trucking companies, etc. Freight forwarders provide several services to their clients, including: