The 7th Annual CAREC Federation of Carrier and Forwarder Associations (CFCFA) Meeting was held in Singapore.
The meeting agreed that proposals to adopt best practice standards on liability insurance, information technology, logistics equipment, document preparation, container consolidation services, and contract and trading conditions will be reviewed and considered by the members.
The meeting also agreed to upgrade the CFCFA website - including developing a "mirror website" in Chinese - and to hold knowledge sharing and training workshop for all members in March 2017.
The CFCFA is a private sector nonprofit organization. It was established in 2009 under Asian Development Bank financing (Regional - Policy and Advisory Technical Assistance 7353) as a nongovernment and nonprofit organization, and incorporated as a limited company in 2012.
Its major objectives are to facilitate transport, trade and logistics development in the region, and to advance the interests of road carrier, freight forwarder, and logistics service provider associations that are its active members.