The impending mandatory enforcement of verified gross mass (VGM) for all packed containers as a pre-condition to loading on board a ship is - at last - concentrating minds and energy towards implementation. The concern must be that too little time has been left to preclude trade problems in the immediate aftermath of 1 July 2016.
This briefing considers the potential impact on ocean freight and supply chain management activities of freight forwarders and logistics operators should steps to curtail the spread of coronavirus continue to disrupt the movement of goods. While key concerns will distil to delays and potentially cargo deterioration, the following provides some guidance on the potential risks to freight operators and how to mitigate them.
Incorporation of Standard Trading Conditions is an 'old chestnut', but remains critically important in supply chain operations. Don't let the 'big picture' deal blind you to such protective 'detail'.
