THE BUSINESS OF INTERNATIONAL TRADE
FIATA, the International Federation of Freight Forwarders, has issued new best practice guidance for handling abandoned goods - goods "which the consignee has manifested no intention to take delivery of after a reasonable period".
The guidance highlights the risks faced by freight forwarders when handling abandoned, or uncollected, goods, and explains that the key to addressing these risks can be found in the early contractual stages of a business relationship. The guidance also emphasises the importance of speed, with both the shipper and the consignee alerted as soon as possible to addresss the situation.
Although aimed at freight forwarders, the guidance is a useful reminder for shippers and consignees of the importance of working together with their forwarder to ensure that any miscommunications or misunderstandings can be cleared up as quickly as possible.
To see the guidance, go to fiata.com/news/2020/new-fiata-best-practice-guide-on-abandoned-goods.html
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