Freight
Transport
Freight Transport is the shipment of a large number of goods from one location to another. Freight is typically packed in large rectangular metal freight containers.
What Art The Different
Types Of Freight Transport
The Different Types Of Freight Transport include Airfreight, Roadfreight, Seafreight and Railfreight.
Air freight refers to the freight being delivered via an Aircraft.
Road freight is one of the most classic forms of logistics and refers to freight being transported via Road.
When ships are carrying freight from one port to another, it is referred to as Seafreight.
Rail freight is one of the least-used Freight Transport services. Here the freight is being transported via train.
Especially when shipping internationally, it’s unusual for only one freight service to be used. Freight Transport often consists of a mix of two or more Freight Transport types.
Why Is Freight Transport Profitable?
Revenue from the freight shipping industry hit an all-time high in 2020 at nearly £3.9 Billion British Pounds.
This alone shows how profitable freight transport can be. While the industry itself is very lucrative, the overheads for a freight forwarder especially are very low. No containers, no ships, and no trucks are needed.
Just a computer, a phone and a desk to contact potential customers.
How Do Freight Quotes Work?
Carriage
Carriage refers to the actual transport of the freight. Here the freight transport rates are being charged. There can still be some surcharges applied, depending on how the carriage is being handled. Examples here are Low Sulphur Surcharge, International Security Port Surcharge, piracy surcharge, hazardous Surcharge and Plenty more.
Pre-Carriage
This surcharge is given before the container is loaded at the port. It can include Fuel Surcharges, Packaging Charges, Chassis utilisation surcharges and many more.
On- Carriage
On Carriage Movements are any inland freight transports after the container got sent to a Port or Airport. The charges that can await here are similar to the ones for the Pre Carriage, including a Fuel Surcharge and Chassis utilisation surcharge. Additionally, it can contain charges like unpacking charges, container yard receiving charges or destination terminal handling charges.
What Are The Most Profitable Types Of Freight Transport?
When shipping domestic, road freight is the most profitable way of getting the items from A to B. For international shipments that don’t have the option of using only road freight, profitability depends on the goods that are being shipped and their volume.
Usually one would expect sea freight to be the cheapest, but as the shipments get smaller, it is worth considering airfreight.
Regardless of what type of freight transport you want to offer to customers, as a freight forwarder your success is based on getting low rates and selling them for a high margin.
Taking the items you're sending into consideration can additionally save you money when buying the quotes. For international freight, for example, it is the most profitable to generate a good volume/ density mix that allows you to utilise more of the given space.
What Are Businesses Looking For When Choosing A Freight Partner?
The main points businesses consider when using a freight service are Price, Safety, Reliability and Speed. But for a Freight Partner, Choice and Support are two additional very important factors.
Offering a wide range of services will appeal more to potential customers. If you show them the rates of only two freight companies, they might as well get the rates from these companies directly themselves.
When businesses are choosing a freight partner, they want someone they can trust. That is why offering great support throughout will bring loyal customers and brand ambassadors for years to come.
What Is The Future Outlook Of The Industry?
Describing the freight market outlook in one word would be “rising”. Rising demand in shipments, rising number of freight services and rising costs. Getting into the industry now and making use of the growing demand for freight shipping solutions is the way to go when you want to be successful as a freight forwarder.
Freight Services Offered By World Options
World Options has over ninety freight suppliers on board, offering a range of sea, road and air freight services. From Door To Door, Door To Port, full container load or less than a container load, World Options has got it covered.
With a dedicated freight desk, you can be sure that your customers get the best service possible as they advise on what information should be included on commercial invoices.
Summary
Getting into the freight forwarding business and organising the shipment of containers from a to b is highly profitable.
As a World Options Franchisee, you can jumpstart your freight forwarder business and offer your customers over eighty-eight suppliers right away, as well as the industry knowledge of a business that has been operating in the shipping sector for over fifteen years.
All you need to do is find new customers.
Case Studies
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It could not be easier to start your journey with World Options