23/05/2004
RATINGS agency AM Best has forecast that Through Transport Club will continue producing good profits into next year.
05/05/2004
Our friend Peter Zambito from the New York law firm of Dougherty, Ryan, Giuffra, Zambito & Hession points out that judges in US courts, as well as their counterparts in other countries, take considerable exception to clauses on bills of lading or other transport documents that are extremely difficult to read
A carrier can rely on the terms of the US Carriage of Goods by Sea Act (US-COGSA) to limit liability for damage while the cargo was temporarily on shore during restowing operations at an intermediate port, the US Court of Appeals for the fourth circuit, sitting in Norfolk Virginia, has decided.
27/04/2004
One of the questions members frequently ask the Club is about the difference between a forwarder's certificate of receipt (FCR) and an NVOC (non-vessel-operating carrier) bill of lading.
31/03/2004
When you have finished reading this stand up at your desk. Now imagine that within ten seconds you are moved to a position two storeys above you and 11 metres along the floor. And then, with equal suddenness, you are back at your desk, only to be immediately transported back again up two floors and 11 metres along ... and so on and on, three times a minute, one hundred and eighty times an hour, for days at a time... Within a few minutes of this treatment you would be begging for this torture to stop. Yet this is not some white-knuckle fairground ride, but what cargo experiences day in, day out in containers on board ship.
Even on land, cargo can experience very substantial decelerations, particularly where containers are carried by rail. Although containers are now more often carried on dedicated point-to-point container trains, on long-distance movements marshalling cannot be eliminated altogether.
29/03/2004
The TT Club has delivered a stark warning to port facility operators that miss the July 1 deadline for ISPS Code compliance.
25/03/2004
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
11/03/2004
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?
02/03/2004
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.
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