Freight Claims Management Laws: How to File and Defend Claims
The logistics industry is a highly sensitive field that deals with legal and operational issues such as freight claims. Freight claims management laws are used to establish the determination of responsibility and the compensation of loss, damage, delay, or incorrect delivery of cargo. As a company dealing in transportation and logistics firms, it is necessary to be aware of these laws so that it does not jeopardize its financial gains and ensure the supply chain operates with ease. What Is a Freight Claim? A freight claim is a legal petition, which is initiated by a shipper or a consignee to get lost money suffered during the transportation of cargo. The claims usually occur as a result of physical damage, shortages, theft, or delays in delivery. Transportation laws, carrier contracts, and shipment documentation, like a bill of lading, are in place to regulate freight claims. When adhering to cargo shipping and logistics management schemes, the carriers typically handle goods from pic...