Freighting
Freighting, in the context of commerce, refers to the act of transporting goods by any means of conveyance, including but not limited to ships, trucks, trains, and airplanes. It encompasses all aspects of the movement of cargo from origin to destination, including handling, storage, and insurance. The term can also refer to the price or cost associated with this transportation service. Effective freighting is crucial for global trade, supply chain management, and the delivery of goods to consumers.
Freighting meaning with examples
- The company specialized in freighting perishable goods across long distances, requiring strict temperature control and rapid delivery schedules. They partnered with a network of refrigerated trucks and planes to maintain product integrity throughout the journey, minimizing spoilage and maximizing customer satisfaction. They even provided real-time tracking and reporting.
- High fuel costs significantly impacted the freighting rates for all businesses, ultimately influencing consumer prices. The increased expenses forced the company to seek alternative transport routes and negotiate with existing providers for better rates. They explored opportunities with less fuel consuming transport solutions and consolidated deliveries.
- Following the acquisition, the company streamlined its freighting operations, merging departments, and integrating new technology. This resulted in a substantial reduction in transit times and improved inventory management, reducing waste. The consolidation also enabled better tracking of freighting costs across various departments.
- The global pandemic caused significant disruptions to freighting, causing port congestion and delays for many firms. Many firms faced difficulties in sourcing materials and finished goods, due to closed borders and a lack of space on ships and planes. This affected delivery times and availability of goods.