Industry Insights

Roanoke Trade, a leader in providing custom insurance solutions for transportation and logistics providers, is honored to be sponsoring the National Customs Brokers & Forwarders Association of America, Inc.’s (NCBFAA) annual $5,000 scholarship. The scholarship is available to a high school seniors or undergraduates at an accredited college or university. This is the 23rd year that the NCBFAA and Roanoke Trade have promoted this scholarship competition as a way to further education in the transportation and logistics industry. NCBFAA represents nearly 800 member companies with 100,000 employees in international trade – the nation’s leading freight forwarders, customs brokers, ocean transportation […]

The Federal Bureau of Investigation (FBI) last September issued a pair of warnings concerning fraud schemes that involve email, wire transfers, checks, and international businesses. The targets of these schemes are typically firms that work with foreign suppliers and those that perform wire transfer payments, including those in the transportation and global logistics services industry. The warnings stated that since January 2015, the number of victims has nearly tripled in the U.S. and across 79 different countries, at an increase of 270%. These types of cyber attacks referenced by the FBI warnings are called Business Email Compromise (BEC). In a […]

Calculating the cost of insurance is now available right at your fingertips and made easy with the simple press of a button! Roanoke is pleased to introduce an online premium calculator that simplifies the task of adding the costs of insurance to your logistics solutions quote. Simply add basic shipment details as well as your cargo insurance rate and the calculator does the rest. You can access the calculator on any device such as computers, tablets, and smartphones, so it is available in office, on the road, anywhere and anytime. Are you ready to try the calculator and see how […]

The U.S. Foreign-Trade Zones Board in its Annual Report to Congress released its 2014 export figures earlier this year, indicating a record-high $99.2 billion in merchandise exported. This represents an increase of 24.8% in the value of exports from America’s Foreign-Trade Zones (FTZs). The 2014 figure also represents a threefold growth of FTZ exports in the five years since 2009. There’s even more good news, as FTZ employment set a new record in 2014, with 420,000 jobs reported. This represents a 7.7% increase over 2013, which outpaces the overall U.S. employment growth of 1.9%. Daniel Griswold, President of the National […]

  In observance of the upcoming Christmas holiday, our offices will close at 1:00PM on Thursday, December 24th and remain closed through Friday, December 25th. We will resume normal office hours on Monday, December 28th. We will also close at 3:00PM on Thursday, December 31st and remain closed through Friday, January 1st for New Year’s. We will re-open on Monday, January 4th at 8:30AM. Wishing you the best during this holiday season, and happiness in the New Year!

Late last month, the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) released its final rule on regulations that prohibit motor carriers, shippers, receivers, or transportation intermediaries from coercing drivers to operate commercial motor vehicles in violation of certain provisions of the Federal Motor Carrier Safety Regulations (FMCSRs). In addition, the rule prohibits anyone who operates a commercial vehicle in interstate commerce from coercing a driver to violate the commercial regulations. The rule also includes procedures for drivers to report an incident of coercion and establishes rules of practice for the FMCSA to follow in response to reports […]