Cargo Insurance

How Strong is Your Risk Management Toolbox?

Logistics service providers and transportation intermediaries in order to run well-oiled operations should possess the risk management tools needed to help minimize losses and transfer risk. There are a number of components required in having a strong risk management toolbox that will go the distance for optimum success.   These risk management toolbox components include […]

Cargo Insurance, Errors and Omissions, Industry Insights, Shipping

LSPs: Getting Prepared for the 2017 Peak Holiday Season

Although the peak holiday season is still months away, shippers and logistics service providers should heed the lessons of past missteps in order to ensure that the upcoming season is a happy one for their customers. It’s this very time period – the day after Thanksgiving to December 23 – that many retailers earn the […]

Cargo Insurance, Industry Insights, Shipping, Transportation

An Inside Look at Declared Value Vs. Cargo Insurance

Shippers often mistake declared value coverage with Cargo insurance, but in fact they are quite different. It is important to understand these differences and how claims are paid under each type of policy. Following is a brief overview of how these policies work. The practice of declaring a value for carriage occurs when a shipper […]

Cargo Insurance, Industry Insights, Shipping

Cargo Insurance in Action: Beyond Cargo Theft and Damage

The global insolvency of Hanjin Shipping Co. Ltd. had a tremendous impact on cargo owners, including losses involving the need to move cargo from one carrier to another; making arrangements for additional transportation modes; and taking measures to minimize losses resulting in additional storage fees, charges and fines; among other claims. Hanjin, the largest shipping […]

Cargo Insurance, Industry Insights

Emerging Risk: Cyber Attacks Used in Cargo Theft

As a logistics service provider, you’re contracting with truckers to move your client’s goods and depending on reputable carriers to get your cargo to its final destination intact. You also depend on your carriers to take the measures necessary to prevent loss and minimize risk to the cargo, including from cyber threats. But the reality […]

Cargo Insurance, Industry Insights

Cargo Insurance in Action: Oversized Coverage for Wind Turbine Blade Damaged During Transportation

In the latest edition of Roanoke Trade’s “Cargo Insurance in Action” series where our goal is to provide you with insight as to the type of exposures and incidents that can result in substantial losses and to underscore the importance of carrying Cargo insurance, we’re sharing the details of a recent claim involving the shipment […]

Cargo Insurance, Industry Insights

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