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The FIATA International Federation of Freight Forwarders Associations is a non-governmental organisation representing freight forwarders worldwide. According to the FIATA Annual Report 2021, FIATA counted 109 Associations Members representing the freight forwarding industry within a territory and 5959 Individual members, representing freight forwarding and logistics companies.
Standard Trading Conditions (STC) are standardized terms imposed by some countries for accepting cargo by shipping lines, airlines and logistics services providers like freight forwarders and customs agents. They are usually printed as the fine print behind the shipping documents like bill of lading, air way bill, or consignment note
The Canadian International Freight Forwarders Association (CIFFA) was established in 1948 to support and protect the character, status, and interest of foreign freight forwarders by establishing uniform trade practice and regulations. [19]
BIFA's standard trading conditions do not permit set-off of mutual debts. The UK Court of Appeal case of Röhlig (UK) Ltd v Rock Unique Ltd. (2011) upheld the validity of Clause 21(A), Lord Justice Martin Moore-Bick stating that this clause: Contains a prohibition against set-off of a kind commonly found in commercial contracts.
The Hong Kong Association of Freight Forwarding & Logistics Ltd (HAFFA) is a non-profit organization which promotes, protects and develops the carriage of goods (whether by air, sea or land) generally, and the businesses of cargo forwarding agents and logistics service providers in particular.
Fair trade is a social movement to help producers in developing countries achieve better trading conditions. Fairtrade or fair trade may also refer to: World Fair Trade Organisation, a global community of verified Fair Trade Enterprises; Fair trade law, a law in the United States permitting manufacturers to specify a minimum retail price
French author Christian Jacquiau, in his book Les coulisses du commerce équitable, calls for stricter fair trade standards and criticizes the fair trade movement for working within the current system (i.e. partnerships with mass retailers, multinational corporations, etc.) rather than establishing a new fairer, fully autonomous trading system.
The organization set regulatory and investment industry standards. It also had quasi-judicial powers in that it held enforcement hearings and had the power to suspend, fine and expel members and registered representatives, such as advisors. [5] However, it has often been criticized by investor advocates as ineffective. [6]