Stay clear of switch bills of lading warning to forwarders
Forwarders are being warned to stay clear of switch bills of lading (SB/Ls) following increased ...
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Freight forwarders have been warned that the recent trend by shipping lines to impose container no-show and booking cancellation fees could leave intermediaries exposed to “accounting nightmares”.
In recent months, ocean carriers have begun to tackle the problem of cargo no shows/late cancellations and applied a variety of fees, and the wording of their conditions are crucial to forwarders.
The fee is levied on the party that made the booking, rather than the beneficial cargo owner, notes online freight forwarder iContainers, which suggests forwarders draw ...
Comment on this article
Andres Pelaez
June 22, 2017 at 1:50 pmInteresting article.. And you can understand that shipping lines wants to charge from users this kind of incidents. You might think then that the other way would also work to show fair treatment. Let`s say for example, shipping lines paying shippers or freight forwarders when they roll over containers due to “lack of space” on vessels; or when they decide not to call some port and your cargo faces ETD delays.
Andy Lane
June 30, 2017 at 4:39 pmFully agreed, it should be bi-lateral, to be objective and fair.
For the “intermediaries”, a simple charge on +++, would be the only hedge required.
The entire supply chain will benefit from greater reliability and transparency, all need to contribute to make it truly work and enforceable. The time is ripe for change.