Understanding the Operations of Freight Forwarders : Evidence from Serbia
Freight forwarders play a key role in moving goods across international borders. They arrange transport, oversee customs clearance on behalf of their clients, and more generally troubleshoot issues that arise while goods are in transit. This paper...
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World Bank, Washington, DC
2015
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Online Access: | http://documents.worldbank.org/curated/en/2015/06/24648773/understanding-operations-freight-forwarders-evidence-serbia http://hdl.handle.net/10986/22185 |
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okr-10986-221852021-06-14T10:18:20Z Understanding the Operations of Freight Forwarders : Evidence from Serbia Mendoza Alcantara, Alejandra Fernandes, Ana M. Hillberry, Russell TARIFFS LOGISTICS COSTS DRIVING CONGESTION LIABILITY BORDER AGENCIES TRAVEL TRANSPORTATION CONTRACTUAL OBLIGATIONS INSPECTION TRANSIT FREIGHT FORWARDER INTERNATIONAL TRADE SHIPPING EXPORTING COUNTRIES DELIVERY OF GOODS FREIGHT FORWARDING CARGO HANDLING TRANSPORTATION COSTS EUROPEAN UNION TRANSPORT MODE COLD STORAGE SHIPMENTS TRADE FACILITATION MULTIMODAL TRANSPORT COST OF DELAY ROUTES BORDER AGENCIES MARKET VALUE CONTRACT OF SALE QUALITY TYPE OF TRANSPORT EQUIVALENT VALUE AIR FREIGHT EFFICIENCY INTERNATIONAL BANK TRANSPORT SERVICES DELIVERY DELIVERIES PORT DRIVERS CUSTOMS CLEARANCE IMPORTED GOODS TRADE AGREEMENTS FORWARDING TRADE BARRIER AGRICULTURAL PRODUCTS FOREIGN MARKETS TRADE SHIP RAILROAD PREFERENTIAL TRADE AGREEMENTS AIR TRANSPORT CONTRACTUAL ARRANGEMENTS SUPPLY CHAINS ROAD COSTS OF DELAYS PENALTIES CARGO CERTIFICATE OF ORIGIN GLOBAL ECONOMY HANDLING COSTS MULTIMODAL TRANSPORT TRAINING WAREHOUSING PREFERENTIAL TRADE INTERNATIONAL CHAMBER OF COMMERCE TRANSPORT RAIL SHIPPING COSTS CUSTOMS LOGISTICS TRADE LOGISTICS FREIGHT FORWARDERS TRANSPORTATION SERVICE POLICY RESEARCH TRADE FRICTIONS RULES OF ORIGIN TRUE OCEAN FREIGHT ACCESS PENALTY RATE TRANSPORT COSTS ROAD TRANSPORT PORTS TRANSPORTATION SERVICES ROUTE MODAL TRANSPORT FREIGHT INTERNATIONAL SHIPPING ADMINISTRATIVE COSTS FREIGHT COSTS INFRASTRUCTURE STORAGE FREIGHT EFFICIENCY Freight forwarders play a key role in moving goods across international borders. They arrange transport, oversee customs clearance on behalf of their clients, and more generally troubleshoot issues that arise while goods are in transit. This paper reports the results from a survey of 153 freight forwarding firms in Serbia. Respondents report on firm characteristics, operational choices, and conditions at the border posts and terminals where imported goods are cleared for release. One key purpose of the study is to investigate operational trade-offs between time and cost that arise when import shipments are in transit. In three of four hypotheticals, respondents suggest that money savings dominate time savings. Responses regarding real operational decisions such as route choices reinforce this finding. Respondents also reported penalty rates for late delivery of import shipments as well as the value of a typical import shipment. From these responses, it is estimated that the contracted value of one additional (unexpected) day of delivery time in Serbia appears to be approximately 1 percent of the value of the underlying shipment. 2015-07-16T21:42:20Z 2015-07-16T21:42:20Z 2015-06 Working Paper http://documents.worldbank.org/curated/en/2015/06/24648773/understanding-operations-freight-forwarders-evidence-serbia http://hdl.handle.net/10986/22185 English en_US Policy Research Working Paper;No. 7311 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Europe and Central Asia Serbia |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
TARIFFS LOGISTICS COSTS DRIVING CONGESTION LIABILITY BORDER AGENCIES TRAVEL TRANSPORTATION CONTRACTUAL OBLIGATIONS INSPECTION TRANSIT FREIGHT FORWARDER INTERNATIONAL TRADE SHIPPING EXPORTING COUNTRIES DELIVERY OF GOODS FREIGHT FORWARDING CARGO HANDLING TRANSPORTATION COSTS EUROPEAN UNION TRANSPORT MODE COLD STORAGE SHIPMENTS TRADE FACILITATION MULTIMODAL TRANSPORT COST OF DELAY ROUTES BORDER AGENCIES MARKET VALUE CONTRACT OF SALE QUALITY TYPE OF TRANSPORT EQUIVALENT VALUE AIR FREIGHT EFFICIENCY INTERNATIONAL BANK TRANSPORT SERVICES DELIVERY DELIVERIES PORT DRIVERS CUSTOMS CLEARANCE IMPORTED GOODS TRADE AGREEMENTS FORWARDING TRADE BARRIER AGRICULTURAL PRODUCTS FOREIGN MARKETS TRADE SHIP RAILROAD PREFERENTIAL TRADE AGREEMENTS AIR TRANSPORT CONTRACTUAL ARRANGEMENTS SUPPLY CHAINS ROAD COSTS OF DELAYS PENALTIES CARGO CERTIFICATE OF ORIGIN GLOBAL ECONOMY HANDLING COSTS MULTIMODAL TRANSPORT TRAINING WAREHOUSING PREFERENTIAL TRADE INTERNATIONAL CHAMBER OF COMMERCE TRANSPORT RAIL SHIPPING COSTS CUSTOMS LOGISTICS TRADE LOGISTICS FREIGHT FORWARDERS TRANSPORTATION SERVICE POLICY RESEARCH TRADE FRICTIONS RULES OF ORIGIN TRUE OCEAN FREIGHT ACCESS PENALTY RATE TRANSPORT COSTS ROAD TRANSPORT PORTS TRANSPORTATION SERVICES ROUTE MODAL TRANSPORT FREIGHT INTERNATIONAL SHIPPING ADMINISTRATIVE COSTS FREIGHT COSTS INFRASTRUCTURE STORAGE FREIGHT EFFICIENCY |
spellingShingle |
TARIFFS LOGISTICS COSTS DRIVING CONGESTION LIABILITY BORDER AGENCIES TRAVEL TRANSPORTATION CONTRACTUAL OBLIGATIONS INSPECTION TRANSIT FREIGHT FORWARDER INTERNATIONAL TRADE SHIPPING EXPORTING COUNTRIES DELIVERY OF GOODS FREIGHT FORWARDING CARGO HANDLING TRANSPORTATION COSTS EUROPEAN UNION TRANSPORT MODE COLD STORAGE SHIPMENTS TRADE FACILITATION MULTIMODAL TRANSPORT COST OF DELAY ROUTES BORDER AGENCIES MARKET VALUE CONTRACT OF SALE QUALITY TYPE OF TRANSPORT EQUIVALENT VALUE AIR FREIGHT EFFICIENCY INTERNATIONAL BANK TRANSPORT SERVICES DELIVERY DELIVERIES PORT DRIVERS CUSTOMS CLEARANCE IMPORTED GOODS TRADE AGREEMENTS FORWARDING TRADE BARRIER AGRICULTURAL PRODUCTS FOREIGN MARKETS TRADE SHIP RAILROAD PREFERENTIAL TRADE AGREEMENTS AIR TRANSPORT CONTRACTUAL ARRANGEMENTS SUPPLY CHAINS ROAD COSTS OF DELAYS PENALTIES CARGO CERTIFICATE OF ORIGIN GLOBAL ECONOMY HANDLING COSTS MULTIMODAL TRANSPORT TRAINING WAREHOUSING PREFERENTIAL TRADE INTERNATIONAL CHAMBER OF COMMERCE TRANSPORT RAIL SHIPPING COSTS CUSTOMS LOGISTICS TRADE LOGISTICS FREIGHT FORWARDERS TRANSPORTATION SERVICE POLICY RESEARCH TRADE FRICTIONS RULES OF ORIGIN TRUE OCEAN FREIGHT ACCESS PENALTY RATE TRANSPORT COSTS ROAD TRANSPORT PORTS TRANSPORTATION SERVICES ROUTE MODAL TRANSPORT FREIGHT INTERNATIONAL SHIPPING ADMINISTRATIVE COSTS FREIGHT COSTS INFRASTRUCTURE STORAGE FREIGHT EFFICIENCY Mendoza Alcantara, Alejandra Fernandes, Ana M. Hillberry, Russell Understanding the Operations of Freight Forwarders : Evidence from Serbia |
geographic_facet |
Europe and Central Asia Serbia |
relation |
Policy Research Working Paper;No. 7311 |
description |
Freight forwarders play a key role in
moving goods across international borders. They arrange
transport, oversee customs clearance on behalf of their
clients, and more generally troubleshoot issues that arise
while goods are in transit. This paper reports the results
from a survey of 153 freight forwarding firms in Serbia.
Respondents report on firm characteristics, operational
choices, and conditions at the border posts and terminals
where imported goods are cleared for release. One key
purpose of the study is to investigate operational
trade-offs between time and cost that arise when import
shipments are in transit. In three of four hypotheticals,
respondents suggest that money savings dominate time
savings. Responses regarding real operational decisions such
as route choices reinforce this finding. Respondents also
reported penalty rates for late delivery of import shipments
as well as the value of a typical import shipment. From
these responses, it is estimated that the contracted value
of one additional (unexpected) day of delivery time in
Serbia appears to be approximately 1 percent of the value of
the underlying shipment. |
format |
Working Paper |
author |
Mendoza Alcantara, Alejandra Fernandes, Ana M. Hillberry, Russell |
author_facet |
Mendoza Alcantara, Alejandra Fernandes, Ana M. Hillberry, Russell |
author_sort |
Mendoza Alcantara, Alejandra |
title |
Understanding the Operations of Freight Forwarders : Evidence from Serbia |
title_short |
Understanding the Operations of Freight Forwarders : Evidence from Serbia |
title_full |
Understanding the Operations of Freight Forwarders : Evidence from Serbia |
title_fullStr |
Understanding the Operations of Freight Forwarders : Evidence from Serbia |
title_full_unstemmed |
Understanding the Operations of Freight Forwarders : Evidence from Serbia |
title_sort |
understanding the operations of freight forwarders : evidence from serbia |
publisher |
World Bank, Washington, DC |
publishDate |
2015 |
url |
http://documents.worldbank.org/curated/en/2015/06/24648773/understanding-operations-freight-forwarders-evidence-serbia http://hdl.handle.net/10986/22185 |
_version_ |
1764450379067555840 |