It’s projected that by 2025, the international supply of shipped goods will grow by 23.5%. This is due to an increase in the demand for exported goods.
So how do you get these commodities to the consumers? Freight transporters constitute a significant gateway to cargo volumes all over the world. The freight transportation industry has transformed into a defined and reliable network.
Freight transporters have created a link between manufacturers and consumers. There are now more investments that impact the quality of life and steer economic growth.
Freight transportation is an important aspect that you need to understand. Here is a detailed explanation of what happens in the trucking freight industry.
Understanding the Key Players
Freight transportation is a supply chain that involves a lot of players, from the point of manufacture to the delivery of cargo to the customer.
Every one of these players is key to successful freight transportation.
- Shippers: These are the owners of the cargo needed to be transported.
- Carriers: They own freight transport agencies and are responsible for delivering goods to the clients.
- Brokers: They help with transportation logistics and negotiate freight rates. They also arrange the best routes for your cargo.
- Freight forwarders: These are conciliators between the shippers and the carriers. They consolidate the goods and arrange storage and transportation for their customers.
Mode of Transportation
Depending on the time frame, size, and type of cargo, there are four primary modes of transport that freight transporters use. Freight maintenance services help freight transporters manage shipments smoothly.
The road is the most common mode of in-land transportation. Trucking transport is easily accessible to remote areas and carries a large volume of goods.
You can use full truckload or less truckload shipping strategies. Other methods include intermodal and multimodal.
About 90% of goods are transported via sea. Goods are placed in containers and then loaded on a cargo ship for transportation. However, bear in mind that sea transport is slow.
Rail is a cheap and efficient mode of transport, especially for the transportation of heavy goods, chemicals, and fuels. A single freight train can carry an equivalent of a hundred trucks.
Air is most preferred for the delivery of time-sensitive goods. These include electronics, perishable goods, and pharmaceuticals.
Shipping Rates
Shipping rates vary depending on the mode of trucking transportation and the size and weight of cargo. The delivery time, destination, and the nature of your goods may also matter. Perishable and hazardous goods tend to have a higher rate since they require proper handling.
The rates may also change due to fluctuations in the market. Additionally, you should pay customs and cargo insurance fees at the docking office.
Understanding What Freight Transporters Do
More often, we rely on exported goods to meet the deficient market demands. Freight transporters have revolutionized the supply chain of goods. This is through efficient transportation of cargo to different consumers globally.
Understanding this supply chain can be tiring and confusing. However, you will get to know all about freight, transportation, and the logistics involved with the right guide.
Feel free to contact us for more information about freight transportation.