What is freight aggregation?

A / Aggregate shipment This term denotes a freight consignment, bound for a single consignee, but comprising several shipments from multiple shippers or sellers. The shipments are consolidated and sent all together to the consignee.

What is freight booking?

Definition. Order for which execution is planned by a carrier, for example, a shipowner. The freight booking contains the plan for the logistical processing, for example, fixed departure times of the ship.

What is freight management system?

Freight management systems are robust and detailed SaaS platform that allows the user to access critical tasks dealing with the procurement and management of shipping services. They can be used to set up LTL, FLT, multimodal, intermodal, and even parcel services.

What is transport aggregator?

Transportation aggregator is an entity which offers a selection of transportation services as core business either as a stand-alone providers or through partnerships solving numerous cascading problems of transportation.

What are courier aggregators?

Courier aggregators (also termed as shipping aggregators and logistics aggregators) are companies that tie up with multiple courier companies for the purpose of providing e-Commerce logistics solutions. They enter into agreements with a wide variety of courier partners.

What are freight rates?

A freight rate is a price requested for the transport of cargo from one place to another. The freight rate depends on the final destination, the accountable weight of the shipment and the mode of transport selected. For instance, air carriers use dimensional weight to determine the price for the cargo.

What is booking fee in logistics?

Booking Fee Description: This is an administration fee from the forwarder at origin. AKA Documentation Fee at Origin, or House Documentation Fee. When applied at destination, it is called a Documentation Fee at Destination or Arrival Agent Fee.