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BIFA links with Drewry to provide value-added service for Members


Forwarder freight rate benchmarking BIFA is pleased to announce a collaboration to make Drewry’s confidential freight rate benchmarking service available to Members. Drewry Forwarder


Benchmarking Club, which has been designed to meet the specific needs of freight forwarders and non- vessel operating common carriers (NVOCCs), provides Members with the opportunity to confidentially benchmark their ocean carrier buy rates against their peers.


Membership benefits and privileges • Benchmark carrier buy rates against your peers and gain the ability to negotiate lower rates with confidence,


• Identify the margin opportunity between your carrier buy-rates and BCO sell rates,


• Use independent benchmark data to demonstrate the competitiveness of your rates with customers and prospects,


• Complimentary access to World Container Index, an online service providing weekly benchmarks for eight key head- and backhaul port pairs between China, the US and Europe to keep a finger on the pulse of the dry spot markets,


BIFAlink


When does the CMR or Montreal Convention apply?


A judgment regarding the CMR convention has been made in Germany involving an airfreight consignment from the US to Germany. (See also page 12) The consignment was


transported by air to a transhipment warehouse at Frankfurt Airport where it was due to be transported to its final destination, but could not be located in the warehouse. The claimant refused to settle


• Discretionary access to spot market container freight rate intelligence and market assessments – Drewry Container Freight Rate Insight (online service),


• Access to Drewry’s freight rate benchmarking and forecasting consultancy team. Membership of Drewry’s


Forwarder Benchmarking Club is free to qualifying forwarders and NVOCCs. Further information on the


eligibility rules and to how sign up to the service can be found at www.drewry.co.uk/supply-chain- advisors/supply-chain-expertise/for


warder-benchmarking-club, or by contacting Drewry at enquiries@drewry.co.uk


Drewry Forwarder Benchmarking Club: key coverage statistics Drewry’s service has already been well received by European based forwarders. It enables users to track rate movements and also investigate rates for trade lanes that they are not overly familiar with. The statistics currently cover data for: • 90 countries • 300 ports • 4,000 port pairs • $8.5 billion+ annual freight spend.


the claim under the terms of the Montreal Convention, claiming that national transport law was applicable. The Hamburg state court stated that German law did not apply in this case, and that the Montreal Convention was applicable. The ruling clearly stated that the convention applied until the loading of the collecting vehicle was completed. Therefore, as the loss had occurred before this point, all claims should be settled under the convention’s terms. The decision was based upon


Article 18 (4) (1) of the Montreal Convention, which states that the period of carriage by air does not include carriage by land, sea, or inland waterways outside an airport. This means that the convention does apply whilst the cargo is being stored at an airport, and thus liability is limited to 22SDR per kilo.


By sea – Hague Visby rules (2 SDR): £2.21 per kg £735.44 per package


By road – CMR (8.33 SDR): £9.19 per kg


By air –Montreal Convention (22 SDR): £24.27 per kg


August 2020


By air –Warsaw Convention (17 SDR): £18.75 per kg


BIFA STC: (2 SDR): £2.21 per kg


(The SDR rate on 20 July 2020, according to the IMF website, was 1.10315)


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