Over the course of a year BIFA receives numerous calls regarding Freight Forwarding Agency Agreements and what should be contained within them. At this point, it is emphasised that this
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Documents
GPG BIFA – A Guide to logistics agreements
The services provided by freight forwarders and logistics suppliers can be complex. This complexity has added innovation and value, enabling the customer to outsource much of what was previously done
GPG BIFA – A Guide to the basics of insurance
It is a condition of BIFA membership that all Members carry freight liability insurance including errors and omissions cover. If a BIFA Member sells marine cargo insurance to customers it
GPG BIFA – A Guide to the use of Incoterms®
Incoterms® are internationally accepted rules for the interpretation of the most commonly used trade terms in foreign trade and were developed and published by the International Chamber of Commerce (ICC).
GPG BIFA – A Guide to documentary letters of credit
Letters of credit exist primarily to assist the seller in receiving guaranteed payment for goods from the buyer through the international banking system. They also help protect the buyer from
GPG BIFA – A Guide to dealing with personal effects
Arguably the largest number of complaints BIFA receives against its Members come from individual members of the public who are shipping their personal effects. Few things are more stressful for
GPG BIFA – A Guide to COD and Shipper’s disbursements
Cash on Delivery (COD) is still a common means of collecting payment for goods. It is used most often for movements by air and for short haul road services where
GPG BIFA – A Guide to sub-contracting
Good Practice Codes have become commonplace in the forwarding industry, often introduced as part of quality assurance operating procedures for the qualification of sub-contractors. They have relevance to liability insurance
GPG BIFA – A Guide to due diligence on release of bills of lading and freight
Bills of Lading are the main documents used in the transport of goods by sea. It can be confusing to complete or give instructions on completion and to use bills
GPG BIFA – A Guide to due diligence regarding credit application Procedures
At BIFA we have noted an increase in the number of enquiries regarding problems with clients not paying charges when due and relative to the best way to incorporate the
GPG BIFA – A Guide to due diligence at an individual shipment basis
This document should be read in conjunction with the BIFA Good Practice Guide for Due Diligence regarding Credit Application Procedures, which gives guidance regarding the due diligence that it is
GPG BIFA – A Guide to minimising supplier risk
BIFA has written three Good Practice Guides aiming to reduce the risk Members face relative to opening up credit accounts and undertaking new business, risk assessing individual consignments and cargo