Are you thinking of getting cargo insurance? What are some things to know before paying for cargo insurance? Damages Does your current carrier cover damages? It might. It might not. Coverage can vary greatly. You don’t want to be fully responsible for the cost, right? Choose all-risk, full value cargo insurance– the smart choice. This… Read more »
Why should shippers have cargo insurance? Shippers are in the business of importing and exporting goods. What if something goes wrong? Cargo insurance is a safety net, protecting shippers from potential financial loss. Cargo Theft Rates Are Rising These days, you can’t be too careful, especially when cargo theft rates are rising. There can be… Read more »
Recently I was asked to do a talk (webinar of course) on the impact of the state of container shipping and the impacts of the pandemic driven shutdowns, I accepted. In preparing for the presentation, as many do, I put my thoughts on paper. With the webinar behind me I realized, while in no way polished, my… Read more »
The word is out. China-related supply chain delays are not only possible; they are already happening due to the coronavirus. You can also expect delays for nearby countries for inbound and outbound cargo. As delays in China increase, ocean carriers will skip ports and will have blank sailings. Like a snowstorm in Chicago, IL impacts… Read more »
There are things people incorrectly believe about cargo insurance. Regrettably, for a product so many businesses use, there is little training and education given to procure and use it. In this article, I am going to single out the misconceptions I have seen most often over the years. Cargo insurance insures everything to do with… Read more »
Whether you’re sending a small shipment a few states away by land or putting together a large shipment that’s going to travel halfway across the world by air or sea, you should always invest in land, air, and marine cargo insurance. You never know what might happen to your cargo while it’s working its way… Read more »
Way back in 2014, I wrote a piece called *‘Stealing less and enjoying it more’. In short, the article cited an 11% volume drop in thefts March 2014 through May 2014 in the USA. Although despite the drop in incidents, the value of goods stolen jumped a whopping 89% per theft. The ‘value-versus incident number… Read more »