23 August 2012
in
transport and risk

In road transport carrier’s liability is always 8.33 SDR per gross kg, which is about ~£8.3 pounds/gross kg. Everything exceeding this amount the carrier is not liable for. In some cases, like force majeure, the logistics company is not liable at all. What does it tell us? If the value of your shipment exceeds 8.33 SDR, it makes sense to purchase a risk insurance for the goods. For instance, in the Baltic States it is rather a rare occasion where a high value shipment gets an extra insurance. Usually as […]

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