Industry Insights
As a logistics service provider, you’re contracting with truckers to move your client’s goods and depending on reputable carriers to get your cargo to its final destination intact. You also depend on your carriers to take the measures necessary to prevent loss and minimize risk to the cargo, including from cyber threats. But the reality […]
As most of you are aware, on November 4, 2015 the Federal Maritime Commission issued a Final Rule involving various aspects of its regulations affecting Ocean Transportation Intermediaries (OTIs). As part of the Final Rule, the Commission now requires for the first time that OTIs renew their license every three (3) years. 46 C.F.R. §515.14(c). […]
Freight transportation costs in the United States amount to about 6% of the GDP, according to the Department of Transportation, contributing significantly to the cost of the supply chain for companies. When companies look to manage and reduce their overall supply chain costs, the appropriate use of transportation is key in doing so. Transportation management […]
Carnets: What Are They? How Do I Use One? We invite you to join us for an ATA Carnet Workshop at the Holiday Inn in Torrance, CA on February 23, 2017 from 8:30a – 11a. An ATA Carnet is an international customs document that provides duty-free customs clearance for temporary imports and exports into over […]
Transportation intermediaries should carefully consider all costs involved in the pursuit of unpaid freight charges. These difficult situations are often further complicated when the transportation intermediary is presented with a counterclaim alleging delays in delivery and/or loss or damage to cargo to offset the freight amount due. Although those counterclaims can trigger insurance coverage, […]
In the latest edition of Roanoke Trade’s “Cargo Insurance in Action” series where our goal is to provide you with insight as to the type of exposures and incidents that can result in substantial losses and to underscore the importance of carrying Cargo insurance, we’re sharing the details of a recent claim involving the shipment […]