THE COMPLEXITY EFFECT OF FREIGHT FORWARDING TRADE INSTRUMENTS IN PROJECT LOGISTICS
THE COMPLEXITY EFFECT OF FREIGHT FORWARDING TRADE INSTRUMENTS IN PROJECT LOGISTICS
Author(s): Monika Petkevičiūtė–Stručko, Ivanou YauhenSubject(s): Economy, Transport / Logistics
Published by: Mykolas Romeris University
Keywords: Freight forwarder; FIATA; Bill of lading; fraud; trade logistics; Certificate of receipt
Summary/Abstract: Nowadays when the complexity of services provided by freight forwarders is increasing, especially when dealing with multimodal transport or project logistics, unified freight forwarders’ documents are one of the main instruments in cross border trade facilitation. While discussing the role of freight forwarder in multimodal transport, the author presents an analysis of several key documents that are commonly used in trade logistics herewith revealing the impact of indeterminacy of freight forwarding responsibilities.The purpose of this article is to introduce the reader to freight forwarders’ documents and forms with a focus on the models of usage of FIATA Bill of Lading and FIATA Forwarders Certificate of Receipt.Two scenarios of primary concern, respecting possible schemes of fraudulent usage of FIATA Bill of Lading are revealed in the article together with possible solutions for reducing the risk.
Journal: Intelektinė ekonomika
- Issue Year: 12/2018
- Issue No: 1
- Page Range: 47-58
- Page Count: 12
- Language: English