Saturday, November 23, 2013

Defining freight & Logistics

Logistics and freight forwarding companies are growing at a very fast pace. According to the experts major part of the global economy is contributed by this industry. It offers wide range of services like break bulk cargo, supply chain management,3PL services, and trucking services.

It is interesting to note that gross business generated by logistics companies in is about $ 700 billion. It is believed to be the second largest employer to the fresher’s. The main component of logistics encompasses inventory management using scientific methods, transportation, warehousing and distribution.

These companies cover a bouquet of services from simple freight forwarding to transportation services. Large part of the global economy is contributed by this industry. Be it a small scale or large scale company, they use the logistics and freight forwarding companies to transport their goods from origin to destination. There are many ways of transporting goods-through airways, railways or ocean ways.

Talking of freight systems basically there are two types of freight. One is ocean freight and other one is the sea freight. There are many big companies which specialize in freight system. Also freight franchises grow as companies continue to outsource shipping jobs. On the other hand there is no denying fact that the implementation and maintenance of logistics is very costly. Air freight forwarding decreases the shipping time for long distance consignments.

It is worth to mention that cargo handling services are also provided by project logistics service provider in India cargo handling services. It is non- containerized and is usually loaded as individual pieces due to cargo often being oversize or over weight.

Warehousing services are also provided by the logistics companies which reduces the cost of shipping for the clients. Now talking about the trucking services provided by the companies, industries offer best transportation services that are reliable and timely.