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Brexit and the ATA Carnet Brexit, the departure of the United Kingdom (UK) from the European Union (EU), has been in the news for years now, and finally in the new year, it has come to pass. For concerned logistics service providers and shippers, this change will not have a significant impact on US ATA Carnet users who export to both the UK and the EU. US ATA Carnet users who send goods on ATA Carnet to multiple countries are accustomed to the need for white counterfoils for every country entrance and exit. That will be the basic process now […]
ONE Apus via Twitter On November 30th, the cargo ship, ONE Apus, sailing from Yantian, China to Long Beach, CA, encountered severe weather. Swells exceeding 20 feet struck the vessel. An estimated 1816 containers were lost overboard, and containers remaining onboard received significant damage. Current estimates are that over $200 million worth of cargo was lost or damaged. The ship is now berthed in the port of Kobe, Japan, where operations are underway to remove containers. One of the most pressing unknowns around this accident is whether or not the vessel owners will declare a General Average (GA). A General […]
Warmest greetings and best wishes for happiness in the new year from all of us at Roanoke! This year’s corporate donations have been made to American Logistics Aid Network and Americares.
The insurance industry is highly cyclical. A soft market cycle is defined by lower insurance premiums, broader appetite and coverage, increased capacity (the availability of high limits), and greater underwriting flexibility. Alternatively, a hard market is characterized by higher insurance premiums, diminished capacity, more conservative underwriting, and fewer carriers writing certain coverage lines and specific industries. For the last few years, the insurance industry has been experiencing a hardening of the market. Today we are well into a hard market across most insurance lines effecting the majority of industries. Insurance experts predict that the hard market will continue into 2021, […]
Resources to Help Brokers Battle the Trade War While it’s no longer front page news fodder the tariff-centered trade wars continue. Change – if not outright volatility – continues to be an understatement as it relates to tariffs on goods imported to into the United States these days. Unfortunately businesses who have import activities and the customs brokers who assist them are caught in the middle, and they can become casualties of the ongoing trade wars. While U.S. Customs and Border Protection (CBP) is publishing plenty of resources, the dedicated people on the Customs Bond team at Roanoke are here […]
It is with tremendous sorrow that I must inform you that Billie Sullivan passed away early on the morning of December 1, 2020 rather unexpectedly with heart complications. Fortunately her beloved son was by her side. Billie had two children, Sean and Nicole and three grandchildren, Chloe, Michael and Ryan, and she had been excitedly awaiting one due in the next few weeks. Billie Sullivan, Vice President Underwriting, had worked for Roanoke for 40 years, and her claim to fame was bringing Roanoke the ‘Transportation Advantage Policy’ (TAP) when she joined the company (some remember it was once called the […]
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