Industry Insights

Purchasing the right policies to protect your business, whether you are a transportation company or logistics service provider, is critical in ensuring that your exposures are adequately addressed in the event of a loss. There is a great deal that goes into securing the right insurance, including having proper property and liability limits for each […]

Supply chain consulting firm Armstrong & Associates released its report, “Trends in 3PL/Customer Relationships – 2017,” indicating that 90% of domestic Fortune 500 companies rely on third-party logistics providers (3PL) for outsourced logistics and supply chain services. Armstrong & Associates has been tracking these 3PL-customer relationships for more than a decade. The report findings are […]

As part of our ongoing efforts to provide the tools and resources you need to successfully manage a compliant Customs Bond Program, we offer the following answers to your most frequently asked questions. The following information reveals some of the most common reasons why eBonds are rejected by CBP and solutions on how these issues […]

Although the peak holiday season is still months away, shippers and logistics service providers should heed the lessons of past missteps in order to ensure that the upcoming season is a happy one for their customers. It’s this very time period – the day after Thanksgiving to December 23 – that many retailers earn the […]

In its annual Global Resilience Index, insurer FM Global revealed that cyber attacks, natural hazards and supply chain failure are among the top risks that businesses face around the world. The annual index, which is online and available for free, ranks 130 countries and territories by their enterprise resilience to disruptive events. It provides a […]

Shippers often mistake declared value coverage with Cargo insurance, but in fact they are quite different. It is important to understand these differences and how claims are paid under each type of policy. Following is a brief overview of how these policies work. The practice of declaring a value for carriage occurs when a shipper […]