The innovation marked by containerisation transformed and unlocked international trade, but frontiers remain to be taken in trade, infrastructure and process.
Insurance provider, TT Club, is advising on the potential unforeseen exposures that may accrue in the face of the coronavirus outbreak - on top of the challenges already being experienced moving freight to and from China.
As the supply chain industry globally is gearing up to comply with the SOLAS amendment that, from 1 July 2016, requires verified gross mass for every packed container, it is worth reiterating that container weight is just one (relatively small) part of ramping up safety.
International trade inevitably involves multiple stakeholders in different parts of the globe. Fraudulent activity has always been one risk to consider. This article highlights recent cases impacting forwarder relationships, together with due diligence advice.
