Industry Insights

Munich Reinsurance Company, one of the world’s leading reinsurers, earlier this month released its review on natural catastrophes for the first half of 2015. (Roanoke Trade is a subsidiary of Munich Re Group.) Although insured losses from natural catastrophes totaled about $12 billion in the first half of 2015, lower than the long-term average of […]

Workers’ Compensation insurance for most businesses, including logistics service providers and transportation intermediaries, represents a significant operational expense with companies looking for ways to drive down costs. Some of the measures that help mitigate exposures of on-the-job-accidents and injuries and reduce cost drivers include safety programs and training, return-to-work programs, claims analysis, and a review […]

ATA Carnet, commonly referred to as the Merchandise Passport, is an international customs document and temporary export-import document used to ease customs clearance in 100 countries and territories. The ATA Carnet system was established by the international ATA convention and is governed by the World Customs Organization and International Chamber of Commerce and its World […]

The strategic significance of development and promotion of renewable energy in the twenty-first century has profoundly affected the solar panel industry worldwide. Increased foreign production in this key sector has generated heightened sensitivity to international competitive factors, in turn spawning special tariff measures to ensure a level playing field for all. U.S./China trade has been […]

Forwarders are struggling to maintain profitability as freight rates on some major container routes continue their dive, according to the Journal of Commerce (joc.com). Profit margins, typically tight, especially in Asia-Europe trade, are being hit by new record lows for spot prices. Rates are changing daily, and there is heavy quoting and bargaining that is […]