Industry Insights

Value of Cargo Thefts Spikes 38.5% in Q1 The first quarter of 2014 concluded with a decrease in the number of reported cargo theft incidents but a massive spike in the average loss value per incident, according to FreightWatch International’s Supply Chain Intelligence Center’s Q1-2014 Cargo Theft report. A total of 206 full-truckload thefts occurred […]

Bahrain Implements ATA Carnet System The Kingdom of Bahrain is joining the ATA Carnet system! A much anticipated trading partner of the U.S. will begin operating under the ATA Carnet system on June 1, 2014. This will simplify the temporary export process for U.S. businesses exhibiting at trade shows in Bahrain. Bahrain  is the 74th country […]

FMCSA’s Guidance Still Missing on Many MAP-21 Provisions It’s been nearly two years since the Moving Ahead for Progress in the 21st Century Act (“MAP-21”) was signed into law. Yet, there is still a great deal of uncertainty as to how those new laws will be interpreted and applied to customs brokers, FMC (Federal Maritime […]

Cyber Liability Insurance for the Transportation Industry Computer security experts joke that there are only two types of companies: those that know they’ve been hacked, and those that will be hacked. Considering that the data for just one shipment may pass through multiple PCs, websites, servers, clouds and third party vendors; transportation and logistics companies […]

Trade Data System Set for 2016 Implementation Designed to Streamline Export/Import Process By executive order, President Obama back in February set December 31, 2016 as the deadline for federal agencies to use the International Trade Data System (ITDS), a system that will speed up the time necessary for processing and approving the regulatory documentation for […]

Freight Forwarders, Brokers Should Go Beyond SMS Scores in Carrier Selection The Compliance, Safety, Accountability (CSA) program under the U.S. Department of Transportation Federal Motor Carrier Safety Administration (FMCSA) has come under review by the Government Accountability Office (GAO) over the last several months. In February, the GAO issued a report that indicated that the […]