Cargo Insurance

Annual Report Reveals Dire Container Losses – Why is Cargo Insurance the Best Solution?

On the open sea cargo losses happen. Every year, 100s of millions of cargo containers carrying goods valued into the trillions of dollars crisscross the ocean on ships. Transporting these goods safely requires proper packing, stowage, container weight, and securing of containers, but even when all these measures are carried out to perfection, containers get […]

Cargo Insurance

A Review of Cargo Crime in 2021

In 2021, the evolving supply chain landscape, characterized by a pandemic, an opening up of the economy, and shifting cargo crime, cumulatively forced companies to solidify their ability to adapt to new challenges. As goods travel through global trade hubs, like Los Angeles and Yantian, they are susceptible to a variety of cargo crime risks, […]

Cargo Insurance

Cargo Theft Holiday Advisory – Preparations to Secure Your Supply Chain

Cargo thieves are poised to strike as you look forward to relaxing by the lake or beach during the upcoming Memorial Day weekend. Cargo theft increases during extended holiday weekends because cargo is typically left unattended for longer periods. However, you can stay ahead of these opportunistic thieves and reduce exposure by following these best […]

Cargo Insurance, Industry Insights

Are You Certain Your Business Insurance is Hurricane Ready?

By Sergio Laos, ARM, CMIP Companies involved in the logistics and supply chain industries are all too familiar with the disruption and damage hurricanes cause, including damage to their facilities, equipment, and to a client’s cargo. You cannot control where a storm may land, but you can control the financial impact to your business. Hurricane […]

Cargo Insurance

Roanoke Featured on American Shipper, Answers Question “Will the Carrier Pay my Cargo Claim?”

In the absence of shipper’s interest cargo insurance to protect the cargo owner against financial loss, carrier’s liability is all that remains, and cargo owners are often disappointed by the all-too-common misconception that the carrier will fully cover their loss. They might even ask the logistics service provider, “They’re going to pay for this, right?” […]

Cargo Insurance

Reduce the Increasing Rate of Rail Thefts

Situation  In Q4, BSI recorded a significant uptick in rail thefts in North America, especially in the United States, in the Los Angeles area along trail lines, and near the port.  In Q4, the rail modality accounted for 6.7 percent of recorded cargo theft incidents in the United States. While this is a significant jump […]

Cargo Insurance, Industry Insights, Shipper's Interest Cargo Insurance, Trade, Transportation

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