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Exam CLTD topic 1 question 147 discussion

Actual exam question from APICS's CLTD
Question #: 147
Topic #: 1
[All CLTD Questions]

The task that best describes the value proposition offered by freight forwarders is that they:

  • A. act as agents for domestic firms in international markets, primarily obtaining orders for their clients' products.
  • B. export goods and services and locates overseas buyers on their clients' behalf.
  • C. consolidate shipments from various customers and offer lower transportation rates.
  • D. operate under power of attorney from the shipper to pay all import duties and are ultimately liable for unpaid duties.
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Suggested Answer: A 🗳️

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Aziz8903
7 months ago
C. consolidate shipments from various customers and offer lower transportation rates.
upvoted 1 times
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Indraaaaaaaaaaaaaaa
9 months, 3 weeks ago
Selected Answer: C
The option that best describes the value proposition offered by freight forwarders is: "consolidate shipments from various customers and offer lower transportation rates." Freight forwarders play a crucial role in the transportation and logistics industry by facilitating the movement of goods from one location to another. They act as intermediaries between shippers (individuals or companies who need to transport goods) and transportation services such as shipping lines, airlines, trucking companies, etc. Freight forwarders provide several services to their clients, including:
upvoted 1 times
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alinmar
3 years, 3 months ago
I think correct answer C...‘The “middle man” between the carrier and the organization shipping the product. Often combines smaller shipments to take advantage of lower bulk costs.’ Reading further in the CLTD learning system I prefer associating the term “middle man” to a broker than to a freight forwarder. A broker is primarily serving as matchmaker between a shipper and a carrier. Trying to find available carrier space to satisfy a specific shipment then connect the two. A freight forwarder provides additional value by potentially consolidating multiple shipments (from multiple companies) into larger loads to gain better truckload rates (assuming the original shipment was an LTL volume
upvoted 3 times
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A (35%)
C (25%)
B (20%)
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