BIFAlink May 2024

BIFA News

BIFA Members will recall receiving a copy of the BIFA Annual Report & Accounts with the May issue of BIFAlink in the past. This May, however, in a bid to reduce paper usage, the BIFA Annual Report & Accounts 2023 will not be posted in hard copy but will be available to all to download at https://bifa.org/overview-of-bifa/ Regular readers will notice a change in style: gone are the pages of text reporting on the association’s activity in the year, to be replaced by colourful infographics detailing: Membership; Policy & Compliance; Member Engagement; Communications; Young Forwarder Network, Training; and Apprentices. Key statistics for 2023 were: • 4.5% increase in members, • Establishment of the Sustainable Logistics Policy Group, • Reintroduction of Regional Member Meetings throughout the UK, • Presentation of webinars on key subjects in conjunction with stakeholders, • Improved Member communication via new website and e-newsletters, • 120% increase in training course delegates with 98% delegate satisfaction. The document includes the Income & Expenditure Account and those Members wishing to view the full financial statement for A new look for the BIFA Annual Report & Accounts

Notice of Annual General Meeting Notice is hereby given that the 35th Annual General Meeting of the British International Freight Association (BIFA) will be held at 1 pm on Thursday 16 May 2024 at Etc Venues, Monument, EC3M 1AE in order to: 1. Receive the report of the board of directors. 2. Receive the accounts for the year ended 31 December 2023 and the report of the auditors thereon. 3. Appoint auditors and authorise the board to fix their remuneration. 4. In accordance with the Association’s Articles, to note and approve the election of officers of the Association. 5. Transact any other business that may properly be transacted at an annual general meeting. Steve Parker, Director General A BIFA Member may nominate an attendee, although there will be a limit on numbers once a quorum is achieved. Please email s.parker@bifa.org Note: Any Member entitled to vote at the above meeting may appoint a proxy to vote on a poll in their stead. A proxy need not be a Member of the Association. To appoint a proxy, download the Form of Proxy from www.bifa.org

the year ending 31 December 2023 should visit https://bifa.org/documents/annual-report- 2023-finance-statements/

The Limits of Liability for Carriers

In association with

By air – Warsaw Convention (17 SDR): £17.91 per kg

By sea – Hague Visby rules (2 SDR): £2.11 per kg £702.38 per package

BIFA STC: (2 SDR): £2.11 per kg

By road – CMR (8.33 SDR): £8.78 per kg

Insurance for the Marine & Logistics industries

(The SDR rate on 15 April 2024,

By air – Montreal Convention (22 SDR): £23.18 per kg

according to the IMF website, was 1.05356)

+44 (0) 1628 532613

macbeths.co.uk

May 2024 | 7

www.bifa.org

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