Mission & Strategy

To create a unique forum for international freight forwarders and logistics providers, which establishes credibility amongst its participants, provides reassurance to those, that trade with its participants and ultimately includes underwritten guarantees between participants.
 
Global Logistics Shield represents a brand signifying low risk and proper financial conduct of participants towards forwarders doing business with the participants, hence Global Logistics Shield endorsement and participation signifies a substantial commitment from participant’s management and owners, and places participants with a class attracting status.

Only professional and responsibly operated companies will attain membership and thus achieve the international mark of reassurance and protection.

Network Independance

Global Logistics Shield is a network independant insurance offering, who welcomes applications from all networks as well as individual forwarders.

Efficiency

Global Logistics Shield aim to operate as efficiently as possible by using a combination of technology and experienced logistics and insurance professionals operating the day to day business.

Reasonable Costs =Limited Risk

A reasonable cost is secured by an initial and as well as continous thorough audit of insurance applicants and insurance takers, making use of and supplementing existing risk assessments from industry networks as well as generic financial assessment facilities.

Strategies

The mission is achieved by applying the following strategies:

  • to work closely with forwarder networks & associations
  • to promote timely payment of freight amongst participants
  • to carefully, yet firmly, punish those, who violate the global logistics shield brand and conditions
  • to keep insurance and administration payments low and decreasing over time

Measures

The successful execution of the corporate strategies is measured by:
  • acceptance and support from industry networks, associations and other stakeholders
  • successful and on-going implementation of firm assessment procedures and due diligence
  • low/ minimal debt insurance claims
Hong Kong – Macao Forwarders Conference

Claim your FREE ferry ticket from Hong Kong International Airport to Macao*

Are you travelling to Asia for a freight conference? Are you travelling efficiently and combining your trip to visit multiple events in the same period?

Global Logistics Shield would like to invite you to visit The Freight Summit - thefreightsummit.com - in Macao from Sep. 22-25, 2010. The GLS fund will officially launch its services at The Freight Summit Conference and Expo with 600 participating independent freight forwarders.

Claim your FREE ferry ticket from Hong Kong International Airport to Macao* and visit the GLS booth at the Freight Summit, where you will have:

  • Guaranteed face to face meetings for unlimited business opportunities with more than 600 participating freight forwarders
  • More than 60 exhibitors showcasing their products and services specifically for independent freight forwarders
  • Business and Entertainment at the VIP Party with live band and free flow

*Terms and Conditions of the Free Ferry Ticket as follows:

- only one-way ferry ticket between HKIA and MACAO, per person participating at TFS 2010
- to be claimed at the registration desk for cash refund against original ferry tickets/receipts

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News
  • August 2010: First freight forwarders approved for GLS cover
  • July 2010: International Freight Credit GLS partner for credit reports
  • July 2010: GLS will be present at The Freight Summit in Macao
  • July 2010: GLS supported by more than 20 networks
  • May 2010: Launch of GLS cover to initial freight forwarder network members
  • April 2010: Sign-up with underwriter