The global freight forwarding market has been seeing a steady growth of around 5 percent for the last four years. This trend is expected to continue and grow bigger. New trade deals like the Trans-Pacific Partnership (TPP), Trans-Atlantic Partnership (TAP), and many others are bringing the whole world into one marketplace.
In 2013, according to Transportation Intelligence, a leading logistics research firm, the freight forwarding industry was at 129 billion dollars, but as of today, it has grown by another 16-20 billion more.
This is an industry that, in my opinion, is still in its infancy. With TPP, TAP, and many other global trade agreements, the need for such services will grow higher every year.
Another rapid growth I see in this business is from "Fulfilled by Amazon" (FBA) business owners, most of who buy their merchandise from China. Now Amazon never accepts merchandise directly from a foreign country, so each and every piece of merchandise has to come through a freight forwarder or broker. This way, the merchandise can get relabeled and shipped to various Amazon warehouses.
In this audiobook, you will learn:
What is a freight forwarder
What is the freight forwarding business
Types of freight forwarders
Steps to becoming a freight forwarder
How and where to get trained
What courses you should take
How to set up your business
Freight forwarder licenses
Steps to FMCSA registration
Running a freight forwarding business
Trading condition and limiting liability
How to promote and grow your business
The elements of price quote
Links to all forms and applications
©2017 Rita Hossain (P)2017 Rita Hossain