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Fundamentals of Freight Forwarding

2-3 hour lessons, totally 25-30 hours

Non-GLN/5SLN Member $495,-
Fundamentals of Freight Forwarding.

$445 per person

Course: Fundamentals of Freight Forwarding: Theory and Practice
 
Instructors: Hassan El-Zein & Hani Hallak
 
Duration: 25-30 Hours

Start next available: Tuesday May 14, 2024 @ 10:00 UTC + Thursday May 16, 2024 = two lessons per week.
 
This comprehensive course delves into the essential principles of freight forwarding, offering a
robust curriculum enriched with real-life case studies drawn from the experiences of freight
forwarders. Designed to facilitate rapid skill acquisition, the course features a multitude of
simplified exercises to ensure thorough comprehension.
Participants will benefit from a comprehensive glossary meticulously compiled by our
instructors, encompassing key cargo terminology such as ATA carnet, fumigation, general
average, postponement, project cargo, and reverse logistics, among others. Covering all major
modes of transportation including air, sea, and land, the course provides a comprehensive
understanding of the logistical landscape.
Moreover, special attention is devoted to geographical knowledge, recognizing its pivotal role
in freight forwarding. Participants will emerge equipped with the geographical competency
essential for success in this field.
The intricacies of international commercial terms, notably the Incoterms 2020, are demystified
through a structured methodology, ensuring clarity and comprehension.
Additionally, the course explores cutting-edge technology and emerging trends shaping the
freight industry, ranging from radio frequency identification and 3D printing to autonomous
trucking and unmanned aerial vehicles (UAVs or drones), equipping participants with insights
into the evolving landscape of freight logistics.
Learning Outcomes:
a. Master the essential terminologies prevalent in the freight industry.
b. Distinguish between the distinct roles of brokers, dispatchers, and freight forwarders.
c. Embark on a journey of self-development to reinforce transportation geography skills.
d. Gain a comprehensive understanding of each Incoterm, including associated risks and
costs for both exporters and importers.
e. Identify the four types of trade settlements and delve into the intricacies of letters of
credit.
f. Acquire foundational knowledge in trucking and the dynamics of load boards.
g. Determine rates for shipments of varying sizes in both air and sea freight.
h. Complete pertinent sections in air waybills and bills of lading accurately.
i. Calculate the optimal number of containers required for diverse shipments and navigate
loading charts to ensure compatibility with aircraft doors.
j. Harness the advantages of groupage or consolidation practices.
k. Understand strategies to enhance the liability of air carriers through valuation charges.
l. Explore additional terminologies related to aircraft and sea chartering, distinguish
between various types of ship chartering, and grasp the significance of freedoms of the
air in aircraft chartering.
m. Differentiate between the nine classes of dangerous goods, and learn protocols for
marking and labeling DG shipments.
n. Familiarize yourself with cargo aircraft, ocean carriers, insurance protocols, packaging
techniques, warehousing practices, and other relevant topics.
o. Engage in exploration and research of cutting-edge technologies poised to revolutionize
the cargo industry in the foreseeable future.
Concise Outline:
1 Global networks of freight forwarders and global liners
2 Comprehensive cargo terminologies
3 Trucking terminologies and load boards
4 Transportation geography
4.1 Trade routes
4.2 Landlocked countries
4.3 Major highways in the world
4.4 Break of gauge – railways
4.5 Train ferries
4.6 Major ports and airports in the world
4.7 Panamax and capesize ships
4.8 Inland ports and entrepôts
4.9 Major straits in the world
4.10 Major canals and rivers
5 Incoterms 2020
5.1 Groups E, F, F & D
5.2 Incoterms illustrations and applied exercises
5.3 Incoterms made easy document
6 Introduction to insurance
7 International trade payments
7.1 Types of settlements
7.2 Escrow accounts
7.3 Red and green clauses
7.4 Transferrable letters of credit
7.5 Back-to-back letters of credit
7.6 Factoring
7.7 Process of a letter of credit
7.8 Discrepancies and approval for amendments
8 Introduction to commercial documentation
9 Loading charts and configurations
10 Air and sea cargo rating
10.1 ULD rating
10.2 Valuation charges
10.3 Air waybills and bills of lading
10.4 Liner terms
11 Consolidation
12 Ship chartering
12.1 Types of ocean carriers
12.2 Major terminologies in ship chartering
12.3 Voyage, time and demise charters
13 Aircraft chartering
13.1 Major terminologies
13.2 Freedoms of the air
13.3 Aircraft floor loading limitations
14 Dangerous goods
14.1 The 9 classes of dangerous goods
14.2 Understanding the DGR
14.3 Hidden dangerous goods
14.4 Marking and labeling
15 Introduction to packaging and warehousing
16 Technology and trends in cargo
16.1 RFID
16.2 3D printing
16.3 Autonomous trucking
16.4 Drones
16.5 Augmented reality
16.6 Blockchain