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Published byJocelin Payne Modified over 8 years ago
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Global Logistic Fund Forwarders Debt Recovery Services (FDRS) was started in 2009 and has successfully recovered many outstanding debts for those in the forwarding community As a new initiative, FDRS is introducing the Global Logistic Fund The aim of the fund is to provide payment protection for the forwarder community in the event of insolvency or bankruptcy
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Global Logistic Fund Participation in the fund is available to those who are members of participating networks and provides payment protection for members within the same network The fund will provide payment protection in the case of insolvency or bankruptcy The annual fee is USD 500 and will provide coverage up to USD 10,000 per member, per year
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Global Logistic Fund The Fund will allow participants to conduct business with other participating members without payment risk and will improve their overall stability and performance Visit our web site at www.globallogisticfund.com for full detailswww.globallogisticfund.com
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