Industry Insights

Offering your clients Cargo insurance to protect their goods against physical damage or loss while in transit is a valuable add-on service that helps you solidify your relationships. Having an on-line insurance application to automate the process of administrating your Cargo policy provides you with a number of key benefits, particularly with a system specifically designed for logistics service providers in mind. Roanoke Trade in developing CoverageDock™ provides clients with a number of benefits that go well beyond streamlining the process to report insured shipments and print out Certificates to clients. Our multi-faceted Cargo insurance management web application allows you […]

In 2016 we saw several events hit the logistics services industry causing delays and upheaval in the supply chain. What these events have taught us once again is the necessity to have a robust emergency management plan in place to help assist companies in delivering client goods on schedule. While some events are sudden others are seasonal (hurricanes) and can be anticipated and better managed.  Knowing how to react in the face of Mother Nature or other event will help save logistic service providers both time and money during an emergency. Let’s take a look at some of the events […]

We are excited to announce responsibility changes for two marine team members in Roanoke’s Long Beach, California office. Effective January 1, 2017, Manny Hernandez has assumed the role of Senior Underwriter based on his consistent, prudent underwriting and deep understanding of transportation-related risks. We have no doubt that Manny’s twenty-nine plus years of insurance experience will play an instrumental role in continuing to grow and shape our marine program. Also effective January 1, 2017, we are happy to report that Jon Diverio has assumed the Marine Manager position in Roanoke’s Long Beach office. With over eight years of dedicated service, […]

In an expected move recently, at the request of U.S. lumber interests, the U.S. government began antidumping and countervailing duty (ADD/CVD) investigations. The investigations follow strict deadlines and schedules, but do allow for limited extensions of those deadlines. Based on HTSUS numbers provided, these investigations can affect what is historically over $4 billion of annual imports. During the investigations, when certain affirmative findings occur, CBP is instructed to impose provisional measures on imports of goods within the investigations’ scope. Provisional measures involve the suspension of liquidation and the payment of estimated ADD and/or CVD. The first of four determinations by […]

The centuries-old Chinese New Year, also known as the Spring Festival, will be celebrated on January 28 as we enter the Year of the Rooster in 2017. The public holiday begins in China the day before and runs through February 2. But, in reality, the holiday creates about 10 to 15 days of radio silence from the entire country including suppliers, agents, and partners, which has a huge impact on global supply chains originating in China. This is why it’s so important to plan ahead. During this time, the government, construction, and factories shut down, while ports and customs usually […]

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 before a US District Bankruptcy Court in New Jersey was scheduled to discuss the ocean carrier’s request to extend a previous Friday deadline to disclose its assets. Hanjin, which filed for bankruptcy in a South Korean court on Aug. 30, missed the Friday deadline and […]