Clearing and forwarding agents help businesses complete necessary legal formalities for importing and exporting goods. They undertake cargo arrangements, collect freight and documentation, arrange storage and notify clients. As agents, they accept liability for their own faults, routing errors, customs mistakes and delivering contrary to instructions. Their functions include warehousing, transportation, container arrangements, insurance, advising on trade laws, and processing import and export documentation. Clearing and forwarding agents are experts in the import and export industry who understand relevant regulations.