Strategies to Manage Bill of Lading Disputes for Shippers Carriers

Strategies to Manage Bill of Lading Disputes for Shippers Carriers

This article provides an in-depth analysis of legal rules and practical risks associated with bills of lading (B/L). It clarifies the carrier's statutory obligations in issuing B/Ls and explains their legal effect as the basis for rights and obligations. The article outlines the liability boundaries for delivery/discharge without a B/L, analyzes the handling principles for practical scenarios such as lost B/Ls and demurrage liabilities. Furthermore, it offers risk prevention suggestions, including charter party clause settings and the use of letters of indemnity, aiming to help companies effectively avoid B/L dispute risks.

Global Airlines Restructure for Postpandemic Profitability

Global Airlines Restructure for Postpandemic Profitability

The COVID-19 pandemic severely impacted the aviation industry, although cargo operations offered a bright spot. This report analyzes the Return on Invested Capital (ROIC) and Weighted Average Cost of Capital (WACC) across various segments of the aviation value chain, revealing the profitability challenges and recovery disparities caused by the pandemic. Airlines need to strengthen cooperation, improve efficiency, and embrace innovation to reshape the value chain in the post-pandemic era and achieve sustainable growth. The industry must adapt to new realities to thrive.