- Monday, June 30, 2008, 13:08
- Freight Forwarders Liability
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Freight Forwarders
In summay Freight Forwarding Services are to include following sectors:
· Ocean freight forwarder / NVOC
· Air freight forwarder / air cargo agent
· Customs Agent
· Road haulier
· In transit warehousing
· Packing / Consolidating
So Many Claims
Getting goods from point A to B usually involves numerous parties in the supply chain. When things go wrong and substantial losses are incurred, who will be held liable?
Any number of parties can instigate legal proceedings:
· The cargo owner - your customer
· Sub-contractors
· Owners or operators of the vessel, aircraft or truck carrying the cargo
· Authorities
· Third parties to whom you owe a duty of care
Claims can be made under a contract, standard terms of trade, ocean bill of lading or airway bill. Additionally, third party claims in tort, bailment and statutory liabilities can catch you unaware. It is even more difficult when a customer brings a claim against you. After all, the success of your business depends on customer relationships.
What risks do we insure?
Full story