News
The International Federation of Freight Forwarders Associations (FIATA) has released an updated version of the FIATA Model Rules for Freight Forwarding Services during its 2019 World Congress in Cape Town, South Africa. This revision took into account various changes in the business landscape and legal requirement of the logistics and freight forwarding industry in the past 20 years.
The first FIATA Model Rules, formulated in 1996, were a critical benchmark for global freight forwarding associations and enterprises to draft their own trading terms and conditions. The Model Rules even affected national laws governing the industry in some countries.
The Rules stipulated general principles on the rights, obligations and liabilities of forwarders and their customers, whether the forwarder was acting as the shipper FIATA s agent or as contractual carrier. In particular, they cover the basis of liability, exclusions and monetary limits of liability for forwarders.
An explanatory note is being published to introduce the changes, along with best practice guidelines on how to make best use of this document by freight forwarders and associations.
