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How Many Hats Do You Wear? Do you operate as a Domestic Freight Forwarder or Property Broker or perhaps both? Wearing multiple hats is not an uncommon practice but it’s important to recognize the distinct characteristics of each operation so you are properly licensed. FMCSA Operating Authority dictates the type of operation a company may run, the cargo it may carry and the level of insurance/financial responsibilities a company must maintain. If not properly licensed your company could be subject to government fines, personal liability allegations (including principles) and your insurance coverage could be compromised. Join us on Tuesday, April […]
Roanoke Trade is pleased to announce that insurance professional Zoi Fanourgiakis is the new Account Manager in our New York office located in lower Manhattan. We are excited to add Zoi Fanourgiakis to our staff of surety bond, insurance, ATA Carnet and sales professionals. Zoi is a graduate of the City University of New York, Hunter College. She began her insurance journey while an undergraduate and now has over 10 years of experience in Property & Casualty Insurance. She enjoys the insurance industry, where each client brings a unique set of coverage and needs and she learns something new everyday. […]
Roanoke looks forward to exhibiting at the TIA Conference beginning April 9th in Palm Desert, California. If you’ll be attending, stop by booth 101 or catch the session on insurance definitions and contracts on Wednesday, April 11th at 2pm. Roanoke’s Jason Odgers and his fellow speakers collaboratively examine the pitfalls to avoid in contracts regarding insurance.
By: Matthew L. Zehner – Vice President, Surety Information & Analysis If you are wondering why portions of what we do for a living are being discussed on TV news and on the front page of newspapers, continue reading for a high-level explanation of what is going on. In addition to the HTSUS tariff rates on imported goods and other statutory taxes and fees, there are a variety of laws available to combat unfair trade practices. The U.S. government is blowing the dust off a few of these seldom-used laws and putting them to use. Unfair Trade Practices: Common and […]
The FDA’s Food Safety Modernization Act (FSMA) rule on Sanitary Transportation of Human and Animal Food is now fully final, with all impacted parties having to comply by April 6. The FSMA is meant to advance the FDA’s efforts to protect foods from farm to table by keeping them safe from contamination during transportation. The rule establishes requirements for shippers, loaders, carriers by motor or rail vehicle, and receivers and brokers involved in transporting human and animal food to use sanitary practices to ensure the safety of that food. Many carriers that fall under this ruling have already been following […]
Recent estimates from Armstrong & Associates, Inc. (A&A), an internationally recognized key information resource for third-party logistics (3PL) market research and consulting, indicate that the total U.S. warehousing market for 2017 was $148.7 billion. Commercial warehousing accounted for $68.6 billion. The Third-Party Logistics Value-Added Warehousing and Distribution (VAWD) market segment was $39.1 billion in 2016, and is estimated at $40.5 billion for 2017, according to A&A. This information is based on data collected by A&A from more than 500 contract-warehousing operations, of which almost 400 were contract customers, and 100 public warehousing operations. You can find all the results in […]