Logistics, Trade Administration and Supply Chain

The responsibilities of Multimodal Transport Operators (MTOs) are many and here are some illustrations: MTOs Liability The MTO: contracts with shipper to move the cargo from one point to another, on a single transport documentation, accepts responsibility for goods in transit, may subcontract some or all transport tasks, takes over risks for the entire transport chain. MTO Liability in Loss or Damage. In event of loss and damage: cargo owner is entitled to claim against MTO, according to the agreed terms and conditions in the MT documentations, in practice, the owner will demand compensation from the insurer, insurer claims against MTO or its liability insurers. MTO Liability - Options: uniform liability - single liability; regardless of where damages occurred; network liability - varying limits; depending on applicable limits; for underlying modes of transport. Network Liability System This liability system incorporates: precise rules to each transport mode if loss or damages can be l

Rules for any modes of transportation are as follows: EXW - Ex-Works FCA - Free Carrier CTP - Carriage Paid To CIP - Carriage and Insurance Paid to DAT - Delivered At Terminal DAP - Delivered At Place DDP - Delivered Duty Paid Rules for Sea and Inland waterway transportation: FAS - Free Alongside Ship FOB - Free On Board CFR - Cost and Freight CIF - Cost Insurance and Freight The definitions of each Incoterm rules are based on the following: Ex-Works (......name place of delivery) - EXW Carriage of goods to be arrange by the buyer. Risk is transfer from the seller to the buyer when the good are at the disposal of the buyer. The Cost is transfer from the seller to the buyer when the goods are at the disposal of the buyer. Free Carrier (......name place of delivery) - FCA Carriage of goods to be arranged by the buyer or by the seller on the buyer's behalf. Risk transfer from the seller to the buyer when the goods have been delivered to the carrier at the named place. The Cost is tran