The TT Club, the leading provider of insurance and risk management services to the international transport and logistics industry, has reported another successful year for its financial year 2003
Our colleagues at the UK P&I Club have recently published edition No. 7 in their loss-prevention series "Carefully to Carry". It looks at the problems encountered in shipping containers - particularly the stresses caused to stacks in heavy seas - and contains much useful advice on lashing and securing systems.
At the end of last year, the English Commercial Court was asked to decide whether a forwarder could limit its liability in a case where the circumstances of the loss were unclear. Which party had the burden of proving what actually happened?
Postgraduate research by Steven Bell, as part of his MSc in logistics and supply chain management at the Heriot-Watt University in Edinburgh, UK, has highlighted several gaps between the services freight forwarders think their customers want, and what the customers are actually looking for.
This is the second part of Harry Lee's trilogy on the problems that can arise with bills of lading. In TT Talk No. 40 we covered the first situation in which amendments to the first set of transport document is requested by the cargo interests. In this item, the Club offers its recommendation on another common situation - "switch" bills of lading.
For the fifteenth successive year TT Club has supported the BIFA freight service awards. For the 2003 awards, presented last month at the Association's annual lunch in the City of London, TT Club sponsored the coveted logistics and distribution award.
