Terms & Glossaries of Shipping and Trading
Air Freight Forwarder
A non-asset based firm that negotiates low shipping rates with airlines, then takes orders at a higher rate in order to make a profit using the airline's assets to move the product.
A type of freight forwarder who specializes in air cargo and who performs consolidation of consignments in its own name. Forwarders are vital for international airlines. Forwarders book cargo space on planes more than any other supply chain partner.
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