Digital cargo insurance provider Breeze has urged freight forwarders to meticulously examine their contractual agreements and insurance policies following the implementation of IATA's updated Direct Air Waybill (DAWB) framework. Breeze indicates that these revisions have the potential to significantly alter the distribution of legal liabilities among airlines, shippers, and freight forwarders involved in air cargo transportation.
This development is critical for freight forwarders as it could impact their exposure to claims and their recourse options in case of cargo loss or damage. Understanding the nuances of these changes is essential to ensure adequate protection and to avoid unforeseen liabilities. Forwarders should proactively engage with their legal and insurance advisors to adapt to the new framework, potentially requiring adjustments to their standard operating procedures and client contracts. This could also affect how claims are processed and the documentation required for air shipments.