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SUBMITTED BY
ASHMITA KANOJIA
(51490101715)
I
MARKET POTENTIAL OF FREIGHT FORWARDING
STUDENT DECLARATION
I hereby declare that this Summer Training Report A STUDY ON MARKET POTENTIAL OF
FREIGHT FORWARDING BUSINESS WITH V.CARGO MOVERS submitted by me to Fairfield
Institute Of Management And Technology,
Kapashera is a bonafide work undertaken during the Vth Semester by me and has not been submitted to
any other University or Institution for the award of any degree diploma / certificate or published any time
before.
Date:
Name:
Enroll. No.:
Course: BBA (VthSEM)
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MARKET POTENTIAL OF FREIGHT FORWARDING
This is to certify that as per best of my belief the project entitled A STUDY ON MARKET
POTENTIAL OF FREIGHT FORWARDING BUSINESS WITH SPECIAL REFERENCE TO
V.CARGO MOVERS is the bonafide research work carried out by ASHMITA KANOJIA student of
BBA, FIMT (Fairfield Institute Of Management And Technology) Kapashera New Delhi, in partial
fulfillment of the requirements for the Summer Training Report of the Degree of Bachelor of Business
Administration. She has worked under my guidance.
(Signature of Guide)
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MARKET POTENTIAL OF FREIGHT FORWARDING
ACKNOWLEDGEMENT
I offer my sincere thanks and humble regards to Fairfield Institute Of Management and Technology, GGSIPU
University, New Delhi for imparting us very valuable professional training in BBA.
I pay my gratitude and sincere regards to. Ms NEERU MEHRA, my project guide for giving me the best of his/her
knowledge. I am thankful to him/her as he/she has been a constant source of advice, motivation and inspiration. I
am also thankful to him/her for giving his suggestions and encouragement throughout the project work.
I take the opportunity to express my gratitude and thanks to our computer lab staff and library staff for providing
me opportunity to utilize their resources for the completion of the project.
I am also thankful to my family and friends for constantly motivating me to complete the project and providing me
an environment, which enhanced my knowledge.
Date:
Name:
Enroll. No.: 51490101714
Course: BBA (VTH SEM)
4
MARKET POTENTIAL OF FREIGHT FORWARDING
TABLE OF CONTENTS
4 Acknowledgement (iii)
12 BIBLIOGRAPHY 48
13 QUESTIONNAIRE 49-50
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MARKET POTENTIAL OF FREIGHT FORWARDING
LIST OF TABLE
S.No Title Page
1 Basic knowledge for freight 15
forwarding
2 Basic knowledge for freight 16
forwarding
3 Document requirement for air/sea 26
freight import
4 Document requirement for export 27
by air clearance forwarding
5 Document requirement for export 28
by sea FCL
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MARKET POTENTIAL OF FREIGHT FORWARDING
LIST OF FIGURES
S.No Title Page
1 Customer impact 21
expertise network
2 No. of Companies 39
3 Doing import export 40
activity
4 Cargo deals 41
5 FCL or LCL cargo 42
6 Overall requirement 43
of export
VII
MARKET POTENTIAL OF FREIGHT FORWARDING
EXECUTIVE SUMMARY
TITLE OF PROJECT
Nowa-days Private Freight Forwarding Houses are essential for movement of goods from consignor
to lorry service. They do purely intermediary business. These Houses have no vehicle of their own.
These houses may carry on the work of booking and forwarding the goods, without owning or
operating any vehicle themselves. They work on a commission. These agencies provide godowns
covered by insurance and garage facilities. At present, Freight Forwarding Houses have a prominent
place in trade. Without the help of Freight Forwarding Houses the traders could not easily get a lorry
for their cargo movements. But, Freight Forwarding Houses also meet many problems in their day
to-day administration of the agencies, in labour administration and in undertaking onward
consignments and in giving delivery of the inward consignments.
OBJECTIVE
To analyze the market potential for providing the services related with
import export to the customers.
To know Import & Export industry very well.
VIII
MARKET POTENTIAL OF FREIGHT FORWARDING