A freight forwarder directory is an integral part of shipping and logistics trade. A freight forwarder involves and handles all kinds of transportation modes (air, sea , land). Hence , they are liable for all the process.
As freight forwarder responsible for cargo consignee to damage , loss and on delivery , any incident and consequences. If a freight forwarder has negligible any concern point they have to bear all such consequences.
Freight forwarder we will see risk and their liabilities to phase in the business life cycle.
all the freight forwarders risk and liabilities are undertaken the contracts and terms so they can bear the several crucial consequences. Whom you can trust and work with them stress free.
Ruzave logistic directory world’s largest maritime , shipping and logistics business listing with ports , city and country wise . It is an easy platform to use and a handful to find your accurate business partner.
Let’s see some freight forwarders liabilities and risks that are handled or managed by freight forwarders.
1. Cargo and legal liabilities
If any cargo loss or damage during the transit is borne by the freight forwarder , most probably cargo has been insured by the business owners or freight forwarder to ensure cargo insurance. It helps both parties to tackle unforeseen situations.
Any negligible act can lead you in trouble if it ignored. Though often clients are aware about their cargo securities and lawsuits so logistic providers or freight forwarders can juggle high risk consequences.
2. Fines and Duty liabilities
Usually freight forwarders abide by the rules and regulations of the maritime industry. if unintentional breaches occurred they have to bear fines and penalties. if they do not, they might have to suffer in lawsuits which is a crucial part of their international transportation business.
Freight forwarders have to abide by all the standard rules and regulations of ports, customs process etc, else they have to be ready to saturate in crucial situations.
3. Third party legal liability
Freight forwarders have to bear any physical bodily loss of third party property , injury and recoverable conseatinol loss.it brings financial liabilities and risk as reputational crisis for the freight forwarder.
4. Errors and omissions liabilities
- Total loss of cargo
- Loss of monies
- Damage cargo
- Rerouting cargo
- Rejection of cargo
- Non- collection of documents
- Delays due to improper documentation
- Risk of carriers liabilities
Though freight forwarders took care of all the above considering the risks involved and their vulnerability covered and protected liabilities behalf the client. If unintentional stitutions arise, freight forwarders must have to cover risk for their liabilities .
- Marine liability cover for overseas trades
- liability protection to cover all forwarding operations
- Third party liabilities
- Regulatory breaches
- Errors & Omissions and Legal Liability
- Survey and mitigation costs
- General Average and Salvage Charges
- A comprehensive Liability Cover and Risk management
If you are stressing about all the risk and liabilities you have to partner or collaborate with professional logistics services provider and freight forwarder. OUt soricng some task may decrease your burden of risk involvement. So, where can you find those experts ?
Ruzave freight forwarder directory is listed with worldwide freight forwarder business. Who is able to handle and manage their business with expertise skills. Ruzave logistic directory is a platform where you can connect various businesses of the maritime industry.
Whether you are looking out for carriers , shippers ,custom clearance agencies , port agencies etc. each of the businesses listed with their expertise over there and strain with standard process.
Ruzave maritime directory world largest B2B maritiem, shipping and logistics business listing with advanced ideas tend to meet and connect your pioneer partner. Let’s dive into ruzave freight forwarder directory and get to meet your finest peer.