As freight consultancy are traded globally, companies must keep up with freight management demands. Freight consulting firms are a valuable resource that help businesses develop a logistics strategy, execute supply chain improvements and support ongoing operational performance.

The Difference Between a Trade Consultant and Freight Forwarder

A trade consultant, like a travel agent, assists with the transportation logistics for importing and exporting cargo. International trade consultants are experts in customs and regulatory compliance regulations. They use statistical data and forecasting to help their clients meet trade compliance standards.

For example, a company that moves chemicals to customers needs to know how to set up their shipments for rail shipping. A logistics consultant can help them manage their inventory more effectively so they don’t incur costly demurrage charges. This can save them $1,000 or more per month in fees.

A freight consultancy is usually carrier agnostic so they can offer more tailored solutions to their clients. They can provide a full range of logistics services including logistics planning, transportation analysis, carrier sourcing and contract negotiation.

They can also help with the implementation of new logistics software and systems such as a transportation management system (TMS) or warehouse management systems (WMS). Their expert guidance in selecting, deploying and integrating technology will have a positive impact on the client’s logistical efficiency and cost savings. This includes implementing a dimensional weight pricing solution. This can reduce outbound freight costs dramatically and improve customer relationships.