Industry Insights

Hanjin Tells Bankruptcy Courts US Liabilities Far Outweigh US Assets

Hanjin Shipping’s US liabilities far exceed its US assets of more than $124 million, the company told a New Jersey bankruptcy court Tuesday amid close scrutiny from a host of US creditors hoping to get paid – including one claiming to be owed $22 million. The troubled container line filed the financial disclosure a day […]

Industry Insights, Shipping

Airfreight Forwarders Flying Past Challenges to Move Cargo

In the face of sluggish consumer demand, fewer airline routes, changing inventory strategies and other issues, shippers are increasingly looking to test out ocean transport in lieu of air carriers despite the fact it takes longer to deliver goods. Yet airfreight forwarders are stepping up to the challenge, working hard to manage these headwinds and […]

Industry Insights, Shipping

Using Guerilla Linguistics in Negotiations with Foreign Countries

In the transportation and logistics industries dealing with counterparts in companies overseas is an inherent part of international trade and our global supply chain. Negotiating shipping terms and conditions and other agreements can be a little tricky when there are language barriers. International trade consultant John Freivalds says to try using “guerilla linguistics” – a […]

Industry Insights

Cargo Insurance in Action: Coverage Kicks In for Warehouse Merchandise Damaged in Fire

As the leading provider of insurance solutions for transportation and logistics providers, at Roanoke Trade we handle many different types of Cargo insurance claims – from freight forwarders and property brokers to third-party logistics providers and customs brokers. We’d like to share these claims with you in a new series, “Cargo Insurance in Action,” to […]

Industry Insights, Insights, Shipping

It’s Time for Holiday Vigilance to Protect Against Cargo Theft

Peak season for higher-than-normal cargo thefts is in full swing, particularly during holiday weekends when transportation companies, shippers, and manufacturers need to be on maximum alert. Organized theft rings recognize that shipments during holiday weekends can be left unattended for prolonged periods of time. Additionally, according to FreightWatch International, the spike in theft activity during […]

Industry Insights, Transportation

The Importance of Having Compliance Policies & Procedures in Place

In today’s complicated regulatory environment, having compliance policies and procedures in place involving the fiduciary responsibility and actions of senior executives, directors and officers are important for companies to help minimize the potential for loss and head off the possibility of liability and fines. Without clear policies and procedures, a Chief Compliance Officer (CCO) and […]

Compliance, Industry Insights

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