Join us for another episode of the Forward podcast 🎙️. This time, we discuss with Otmar J. Tuma when a "freight forwarder" is actually liable as a carrier. Three key takeaways 📝 Signing transport contracts? You're likely bound by CMR liability regardless of your forwarder terms 💰 Hidden commissions (fixed costs) or cargo consolidation automatically trigger carrier-level liability 🚚 Your actions, not your paperwork, determine your liability—control the transport process, be...
"If you can't handle the stress, you're not cut out for logistics." - how many times have you heard this? In our latest Forward Podcast episode, I sit with Ewelina Jaworska-Bień to challenge this damaging mindset. We dive into: Why "toughing it out" culture needs to change How modern health benefits can transform workplace wellbeing Practical solutions for preventing burnout in our high-pressure industryLogistics professionals are experts at moving goods efficiently - bu...
In this episode of 'Quick Tips on Cargo Insurance ' 🎯 Let's talk agent vs principal status! As an agent, you connect parties. As a principal, you're fully liable for cargo damage 🚛 Proper insurance coverage makes all the difference! 📦
This podcast 🎙️ episode explores a case from Lithuania's Supreme Court that addresses forwarders as agents liability and operational due diligence in international transport 🏛️. Gediminas Daukša, in this solo episode, breaks down a 2011 case where a seemingly routine shipment led to legal implications for the transport industry 📦. Key Takeaways Contract clarity is crucial - your operational role cannot be retroactively reinterpretedProper subcontractor verification is a fundament...
In this episode of 'Quick Tips on Cargo Insurance' 🎙️, even the most comprehensive coverage has hidden gaps that might catch shippers off guard. You might think your ICC A 2009 policy protects your cargo against everything, but there's one critical exclusion that you should be aware off - delay 📦⏳
This podcast 🎙️ episode delves into the complexities of gross negligence within the context of international transport law in Europe. Gediminas Daukša and Otmar Tuma discuss the implications of these legal concepts for carriers, highlighting the differences in interpretation and application across various European jurisdictions. takeaways Gross negligence is defined as a severe failure of care.Different countries have varying interpretations of gross negligence.Austria tends to favor c...
In this episode, we explore the often-overlooked world of temperature-regulated shipments and their unique insurance needs. We dive deep into the Institute Frozen Food Clauses, revealing surprising limitations and crucial coverage details. Learn about the specific scenarios covered, from refrigeration breakdowns to vessel capsizing, and discover why standard all-risk coverage might not be enough for your temperature-sensitive cargo.
In this episode of 'Quick Tips on Logistics Insurance,' we tackle an often misunderstood aspect of cargo insurance: its termination point. Many shippers assume their coverage extends until goods reach their final destination, but the reality is more complex. We explore various scenarios that can prematurely end your insurance coverage, including: The importance of complete unloading at the final destinationHow interim storage affects your coverageThe risks of using containers for extended sto...
In this episode of the Forward Podcast, hosts Gediminas Daukša and Justina Rumšaitė delve into the complexities of transport insurance, particularly focusing on liability issues arising from cargo rescue 🚛. They discuss a hypothetical scenario involving a truck accident in Norway, exploring the roles of different types of insurance, including MTPL and CMR insurance, in covering cleanup and rescue costs 🛠️. The conversation highlights the challenges faced by insured parties in navigating claim...
In this episode of "Quick Tips on Logistics Insurance," we explore the often-overlooked Institute Cargo Clauses B. Learn when these clauses might be the perfect fit for your shipments, potentially saving you money without compromising on necessary coverage. We discuss suitable cargo types, journey considerations, and key differences from Clauses A. Whether you're shipping bulk commodities or sturdy goods on straightforward routes, this episode will help you make smarter, more cost-effec...
In this podcast episode 🎙️ Gediminas Daukša and Thomas Ptacek discuss the recent port strike on the East Coast of the USA, its impact on the shippers, and how it overshadows broader risks such as cargo theft and cybersecurity threats. They emphasize the importance of proactive risk management and the need for innovative insurance solutions to address emerging challenges in the logistics sector.
In this episode of 'Quick Tips on Logistics Insurance,' we unravel the complexities of policy duration in cargo liability insurance. Discover why the definition of "duration" can vary between insurers and how this seemingly small detail can lead to significant coverage gaps when switching providers. Whether you're a seasoned logistics professional or new to the field, this episode provides essential insights to keep your shipments safe and your business covered. Key points: Understanding diff...
In this episode, Gediminas Dauksa and Brian Alexander discuss DSV's recent acquisition of DB Schenker. They focus on the risks associated with mergers and acquisitions from an insurance perspective. They explore the importance of Directors' and Officers' insurance, the role of crime insurance, and the potential for information security risks during such transitions. takeaways The acquisition of DB Schenker by DSV creates a logistic giant.Mergers and acquisitions carry significant risks...
In this episode, we discuss a case involving Philip Morris's transportation of cigarettes and the subsequent loss of the cargo. The case raises important issues in international transport law, including the interpretation of liability limits and the payment of taxes. The Dutch Supreme Court ruled in favor of a narrow interpretation of liability limits, limiting the carrier's liability. The case also highlights the importance of cargo insurance and the choice of jurisdiction in international t...
In this episode, we explore the critical gap in standard cargo insurance policies regarding strikes and demonstrations. We discuss why Institute Strike Clauses are essential, highlighting recent global events that underscore their importance. Learn how to protect your shipments against unexpected disruptions and ensure comprehensive coverage for your cargo.
This episode reveals a crucial aspect of cargo liability insurance that many logistics professionals overlook. Learn about the special clauses in CMR and freight forwarders' liability insurance policies for high-value or theft-attractive goods. We discuss common policy limits, special requirements for secure transportation, and why reviewing your policy proactively is essential.
In this episode, Gediminas Daukša and Otmar Tuma discuss a significant court case involving the theft of cigarettes and its implications for cargo liability insurance and liability in the transport and logistics industry. They emphasize the importance of understanding insurance obligations, the need for adequate coverage for high-value goods, and the variations in legal interpretations across jurisdictions. The conversation highlights the necessity of reading the fine print in insurance polic...
In this episode, we uncover why having two policies on the same cargo isn't the safety net you might think it is. We explain why this approach doesn't prevent the recovery process it aims to avoid. Discover why freight forwarder's liability insurance might be a smarter choice for your shipping needs. Tune in for this essential guide to smarter, more cost-effective cargo protection.
The conversation discusses the state of cargo insurance in war-torn regions, with a focus on Ukraine. The insurance market in Ukraine is still functioning, although it has been greatly impacted by the war. The local market is expanding to cover military risks, including the transportation of military goods. The coverage for war risks is provided by leading companies in Ukraine, and the coverage can be provided up to half a million euros. The availability of insurance coverage depends on the r...
This episode delves into the crucial concept of "ordinary course of transit" in cargo insurance. We explore how seemingly innocent deviations from the planned route can void insurance coverage, potentially leading to significant financial losses. Through a real-life example of a denied claim due to an unauthorized detour, we highlight the importance of adhering to the agreed-upon transportation plan.