ITT Exercises - Freight Transportation.pdf

4 what are some of the risks which are particularly

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4. What are some of the risks which are particularly associated with the movement of goods? 5. Why does a freight forwarding company require a network with solid representation at destination? 6. Why does a freight forwarding company require a network with solid representation at origin? 7. What are some of the controllable aspects of a new market that the exporter may have control over? 8. What are some of the standards and requirements a Canadian importer must consider to ensure goods are suitable for the domestic market? 9. What three governments will have an interest in an international transaction? 10. When buyers and sellers negotiate an international contract, what two very important terms must be considered?
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Answers Understanding Freight Forwarding Page | 11 2017 Exercise 1.1 (Answer) 1. What activities might CIFFA undertake to achieve its mission in each of its three foundation elements? Membership: Networking, events, e.g., golf tournaments, gala dinners - level playing field with Standard Trading Conditions, Code of Ethics. Education: Dangerous Goods training (air, road and ocean), Cargo Security training, Certificate Programs leading to a Certificate or an Advanced Certificate, international trade workshops on specialized topics. Advocacy: Leadership with government and non-government organizations, i.e., Canada Border Services Agency, Transport Canada, IATA, FIATA. 2. CIFFA has three categories of Membership. Give an example of who/what type of company might belong to each category. Regular Member: Canadian freight forwarding company. Associate Member: Trucking company, e-commerce company, warehouse, drayage company. Personal Member: Professional Freight Forwarder (PFF). 3. FIATA is the acronym for the French name of the parent organization of national freight forwarding associations ( F ederation I nternationale des A ssociations de T ransitaires et A ssimiles). List 4 of the many areas in which FIATA Technical Committees are active. Public relations, vocational training, rail transport, road transport, seaborne and combined transport, Airfreight Institute, customs. 4. CIFFA’s Standard Trading Conditions (STCs) govern the re lationship between the freight forwarding company and its customer. In order for the Standard Trading Conditions to be valid in court, the customer must be fully aware of the STCs. List at least 3 ways the CIFFA Member might communicate the STCs to its customers. Explain the legal complications if your customer is not aware of the CIFFA STCs. Add reference to STCs in e-mail signature; include reference in quotations and invoices, i.e. : “All business is conducted subject to the CIFFA Standard Tradi ng Conditions” ; provide an e-mail with the link to the CIFFA STCs at ; give a printed copy of the STCs to every new account; have new accounts sign for the STCs when they sign an account opening or credit application; the customer will not know what their responsibilities are and can be held liable for: Improper loading/packaging; improper transporting; limitations of liability, etc. (Refer to the STCs in the Appendix of the CIFFA ITT textbook for a full des cription of the customer’s responsibilities )
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  • Fall '18
  • Jane Smith
  • freight forwarder, Commercial item transport and distribution, CIFFA, Ocean Transportation Intermediary

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