Industry Insights
In the face of sluggish consumer demand, fewer airline routes, changing inventory strategies and other issues, shippers are increasingly looking to test out ocean transport in lieu of air carriers despite the fact it takes longer to deliver goods. Yet airfreight forwarders are stepping up to the challenge, working hard to manage these headwinds and […]
In the transportation and logistics industries dealing with counterparts in companies overseas is an inherent part of international trade and our global supply chain. Negotiating shipping terms and conditions and other agreements can be a little tricky when there are language barriers. International trade consultant John Freivalds says to try using “guerilla linguistics” – a […]
As the leading provider of insurance solutions for transportation and logistics providers, at Roanoke Trade we handle many different types of Cargo insurance claims – from freight forwarders and property brokers to third-party logistics providers and customs brokers. We’d like to share these claims with you in a new series, “Cargo Insurance in Action,” to […]
Peak season for higher-than-normal cargo thefts is in full swing, particularly during holiday weekends when transportation companies, shippers, and manufacturers need to be on maximum alert. Organized theft rings recognize that shipments during holiday weekends can be left unattended for prolonged periods of time. Additionally, according to FreightWatch International, the spike in theft activity during […]
In today’s complicated regulatory environment, having compliance policies and procedures in place involving the fiduciary responsibility and actions of senior executives, directors and officers are important for companies to help minimize the potential for loss and head off the possibility of liability and fines. Without clear policies and procedures, a Chief Compliance Officer (CCO) and […]
Hurricane Matthew last month hit the East Coast hard, particularly in Florida, Georgia and the Carolinas. In fact, Matthew is the costliest Atlantic hurricane since Super Storm Sandy four years ago. Property losses for both residential and commercial properties from Matthew are estimated to be between $4 billion and $6 billion from wind and storm […]