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Difference Between Freight Forwarder and Broker

January 22, 2011 Posted by Aron

Freight Forwarder vs Broker

Freight Forwarder and Broker have different duties in transporting the goods from one place another. A freight forwarder assists in the careful storage of the cargo of the clients at his warehouse. A broker on the other hand is not a carrier. In fact a broker would arrange transportation with a carrier.

A broker works either on behalf of the shipper or on behalf of the carrier. One of the main differences between a freight forwarder and a broker is that a freight forwarder can be held statutorily responsible for damage or loss of the cargo. Moreover he issues bills of lading with his name in the corresponding column.

A broker on the other hand cannot be held statutorily responsible for damage or loss of the cargo. A broker does not issue bills of lading with his name in the corresponding column. This is one of the main differences between a freight forwarder and a broker.

Brokers simply forward freight onto the carrier. It is their main job. Some brokers offer contingent cargo insurance too. A freight forwarder is very much covered by cargo insurance. In fact he would stand by the interest of the customer and would work to resolve all his issues. He does everything willingly. A broker does not get into the act of providing cover for the customer’s cargo willingly.

An instruction of the client is the foremost concern of a freight forwarder. Arrangement of transportation is the primary concern of a broker. It is quite natural that a freight forwarder is looked upon as an alternative for a shipping line. A broker on the other hand is not looked upon by the client as an alternative for a shipping line. In fact he has no or less connection with the shipping line.

Related posts:

Difference Between Freight Forwarder and Clearing Agent Difference Between Freight Forwarder and NVOCC Difference Between Cargo and Freight Difference Between Courier and Cargo Difference Between Courier and Regular MailDifference Between Courier and Regular Mail

Filed Under: Transport & Logistics Tagged With: Air freight, bills of lading, Broker, Cargo, Cargo forwarder, cargo insurance, cargo service, Carrier, Clearing Agent, CT freight, customs, DHL, DHL Ocean freight, EMS, F178 document, FedEx, Freight, Freight Forwarder, freight service, international freight forwarder, Logistic, Logistics International Network, NVOCC, Overseas Shipping Service, Sea freight, shipping documentation, Shipping line, TNT Express, UNI, Universal Package services, UPS, warehouse, World Link International

About the Author: Aron

Professor in Social Science and a contributing writer for Difference Between

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