Forwarders should be wary of granting extended credit, says TT Club
Freight forwarders should “beware of fraudulent customers offering lucrative loads”, said TT Club, as it ...
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Forwarders need to improve levels of due diligence to avert the risks to cargo security, with e-commerce lowering the industry’s barrier to entry.
Senior loss prevention executive at TT Club Mike Yarwood told The Loadstar the wider industry needed to play its role in facilitating this.
“It’s about empowering all the forwarders to ask the relevant questions with the necessary knowledge for the shipment in hand,” he said.
“Once the due diligence is done, it’s then about turning to the goods in transit ...
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