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Industry Insights
Roanoke’s CBP bond underwriters have heightened concerns on certain sugar importations from Mexico. Licensed customs brokers should beware of potential liquidated damage exposures relating to failure to provide export licenses. On September 4, 2014, the Department of Commerce (DOC) published a preliminary countervailing duty determination on case no. C-201-846 in the Federal Register (see admin […]
The world’s third-largest port in terms of total cargo volume in Tianjin, China was hit on Aug. 12 by explosions at a hazardous-chemicals warehouse that damaged a large industrial area and sent shock waves across several kilometers. So far reports indicate that 114 people were killed. Initial estimates from Chinese media reports also indicate that […]
New regulations covering the safe shipment of lithium batteries went into effect beginning August 7, 2015, after being pushed back by six months to allow the industry enough time to adjust to the new requirements. Ruling HM-224F, set by the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA), requires shippers moving lithium […]
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 […]
Sheila Skipper, Roanoke Trade, Regional Vice President, recently announced the addition of La Donna Logan to Roanoke Trade’s Houston Marine Department as Marine Manager. La Donna comes to Roanoke with over 18 years of experience in the freight forwarding industry. Most recently, she worked with Lynden International as their Director of Global Projects. Our clients […]
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 […]