// ROBOTICS AND SMART FACTORIES TERM
Freight
Freight refers to goods, cargo, or products that are transported in bulk by truck, train, ship, or aircraft. It is the physical items being moved from one location to another.
TECHNICAL DEFINITION
Freight denotes commercial goods or cargo transported in large quantities via various modes, including road (trucking), rail, sea (ocean freight), and air (air cargo), often managed by freight forwarders or carriers.
BACKGROUND
A freight forwarder or forwarding agent is a person or a company who co-ordinates and organizes the movement of shipments on behalf of a shipper by liaising with carriers. The carriers may use a variety of shipping modes, including ships, airplanes, trucks, and railroads, and often use multiple modes for a single shipment. A freight forwarder does not move the goods but acts as an agent in the logistics network and will carry out freight consolidation, rate negotiations, shipment tracking, customs and other documentation, among other tasks. FIATA describes a freight forwarder as the "architect of transport".
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- Cargo
- goods
- shipment
- load
- merchandise
USAGE NOTE
Managing freight costs and transit times is a major challenge in global supply chains.
DEVELOPERS
Organizations developing technology related to Freight.
Develops autonomous technology for long-haul trucks, enhancing safety and efficiency in freight transportation, directly impacting manufacturing supply chains.
A global provider of autonomous driving technology for heavy-duty trucks, focusing on improving the safety, efficiency, and sustainability of freight logistics.
Offers real-time supply chain visibility solutions that track freight across all modes of transport, providing predictive insights and optimizing logistics for manufacturers.
Provides advanced visibility and predictive insights for global supply chains, enabling better decision-making and efficiency in freight management for industrial sectors.
A leading provider of integrated automated logistics solutions, including warehouse automation and material handling systems that optimize the flow of manufactured goods for freight.
Develops autonomous mobile robots (AMRs) for warehouse fulfillment, significantly improving the speed and accuracy of preparing manufactured goods for shipment and freight.
A modern freight forwarder that leverages technology, data, and analytics to streamline global trade and logistics, offering enhanced visibility and efficiency for businesses shipping manufactured goods.
A global integrated logistics company that is heavily investing in digital transformation and sustainable shipping solutions to optimize global freight movement for various industries, including manufacturing.