by Peregrine Storrs-Fox

Risk Management Director

TT Club

It sometimes seems that the international freight transport arena is full of tiger pits.

In particular, there's the matter of finding trustworthy partners and sub-contractors who are so vital to delivering a coordinated and seamless transport service across the globe. Fraudulent activity has always been one risk to consider.

This article highlights recent cases impacting forwarder relationships, together with due diligence advice. Where fraudulent activity is concerned, the legitimate operator must be aware of the risks and install defences to protect their business.

Due diligence should be a fundamental component of any business risk management strategy.

 

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