Industry Insights
International Freight Forwarders & Customs Brokers Association of New Orleans (IFFCBANO) Receives Presidential Award for Export Service On May 28, 2014, U.S. Secretary of Commerce Penny Pritzker presented the International Freight Forwarders & Customs Brokers Association of New Orleans with the President’s “E” Award for Export Service at a ceremony in Washington, D.C. The “E” […]
Cargo Delivery Delays Plague All Hemispheres in May Stevedore strikes worldwide gained headlines last year and caused serious delays in shipments, but cargo delivery delays can result from numerous problems—both natural and man-made. Thick ice on Lake Superior caused shipping delays in late April and early May 2014, with 60% of the lake covered with […]
Value of Cargo Thefts Spikes 38.5% in Q1 The first quarter of 2014 concluded with a decrease in the number of reported cargo theft incidents but a massive spike in the average loss value per incident, according to FreightWatch International’s Supply Chain Intelligence Center’s Q1-2014 Cargo Theft report. A total of 206 full-truckload thefts occurred […]
Bahrain Implements ATA Carnet System The Kingdom of Bahrain is joining the ATA Carnet system! A much anticipated trading partner of the U.S. will begin operating under the ATA Carnet system on June 1, 2014. This will simplify the temporary export process for U.S. businesses exhibiting at trade shows in Bahrain. Bahrain is the 74th country […]
FMCSA’s Guidance Still Missing on Many MAP-21 Provisions It’s been nearly two years since the Moving Ahead for Progress in the 21st Century Act (“MAP-21”) was signed into law. Yet, there is still a great deal of uncertainty as to how those new laws will be interpreted and applied to customs brokers, FMC (Federal Maritime […]
Cyber Liability Insurance for the Transportation Industry Computer security experts joke that there are only two types of companies: those that know they’ve been hacked, and those that will be hacked. Considering that the data for just one shipment may pass through multiple PCs, websites, servers, clouds and third party vendors; transportation and logistics companies […]