Industry Insights
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 […]
On Monday, June 29th FreightWatch International released the following report as a guide for how to prepare for this holiday weekend: Description: Holiday weekends are notorious for showing increased cargo theft risks for transportation companies, shippers, and manufacturers. Organized theft rings are active and understand holiday weekends cause shipments to be unattended for extended periods […]