TT Live

Hosting special events at your premises can be an effective means - particularly for ports - to engage positively with your local communities. This can create greater levels of transparency and improve common perceptions about your activities, as well as generate new income streams - all while serving to demonstrate a commitment towards social elements of an ESG policy.

Join TT Club's Managing Director Loss Prevention, Mike Yarwood, and Risk Management Director, Peregrine Storrs-Fox, as they discuss key risk areas for the transport and logistics industry.

In this edition Mike and Peregrine discuss the risks of transporting lithium batteries as well as supply chain security concerns.

Ports, terminals and similar facilities use a wide range of handling equipment assets to serve the global supply chain in the movement and storage of cargo. Given the nature of the operations, these assets regularly see significant wear and tear over their service life. Therefore, to ensure safe and efficient operations, management must be able to make informed decisions based on the condition of their assets.

Safety of trucks on the high way is a paramount concern for the transport industry, impacting not only the lives of drivers but also all road users. It is imperative that industry stakeholders prioritise and uphold stringent safety measures. This article delves into one aspect of truck safety: unplanned uncoupling.

In the past six months, two important appellate court decisions in the United States (in the Seventh and Eleventh circuits) have come down in favour of the freight brokerage industry on the issue of whether negligence claims against freight brokers are pre-empted by the Federal Aviation Administration Authorization Act (F4A).

Focus in maritime transport has been turned towards the safe transport of microplastic pellets following well-publicised incidents. While the debate rages as to how to mitigate the risks to the maritime ecosystem, those arising through the entire freight supply chain need to be recognised.

The biennial cycle of maritime dangerous goods regulations, the next Amendment of which enters mandatory application on 1 January 2024, provides a valuable opportunity to consider the trajectory of changes or improvements in safety for the freight supply chain.

An interesting challenge to established English law relating to responsibility under CMR for excise duty where goods are lost or stolen. Strongly maintaining the existing English law position, particularly post Brexit and VOCID, bring welcome certainty to the logistics industry.

Recent years, not least consequent on Brexit, have seen greater opportunities for logistics operators to provide customs related services to their customers. While potentially new and lucrative revenue streams, these services do not come without risk as TT has highlighted previously. In what precise capacity an operator acts will affect the potential liability exposure. In this edition, we take a look at risks applicable European Union wide, but specifically relating to a series of challenges identified in the UK.

The global supply chain is fraught with potential risks, so disputes are perhaps inevitable. The exposure to financial consequences can be minimised, however, by maintaining a robust risk mitigation policy. Risk mitigation extends not only to the proactive steps taken to improve operational safety and security, but also to ensuring, from the outset, that adequate contractual protections are in place.