News & Insights

NCBFAA’s Educational Institute (NEI) is  hosting an ATA Carnet webinar where all your questions will be answered. Join us July 13, 2017 from 1:00pm to 2:00pm ET. Does your company take advantage of ATA Carnets to ship exhibits to international trade shows? Or service projects in foreign countries? Or simply travel with samples and prototypes? Join this webinar, presented by Amanda Barlow, Vice President of ATA Carnet for Roanoke Insurance Group, to have all your questions on ATA Carnets answered. Highlights include, ATA Carnet Best Practices, proper customs clearance procedures, managing inevitable breaches and extensions on ATA Carnet entries.

In May, the WannaCry global ransomware attack targeted computers worldwide running Microsoft’s Window operating system by encrypting data and demanding ransom payments. WannaCry brought computer systems from Russia to China to the U.K. and the U.S. to their knees, locking people out of their data and demanding they pay a ransom or lose everything. More than 200,000 computers in 150 countries were affected. Now ransomware virus Petya has hit companies worldwide, including shipping giant A.P. Moller-Maersk, which handles one out of seven containers shipped globally. The Petya cyber attack caused outages at Maersk’s computer systems across the world, including at […]

Purchasing the right policies to protect your business, whether you are a transportation company or logistics service provider, is critical in ensuring that your exposures are adequately addressed in the event of a loss. There is a great deal that goes into securing the right insurance, including having proper property and liability limits for each of your policies. This is where working with an experienced transportation insurance firm such Roanoke Trade comes in. Commercial Property Insurance Your Commercial Property coverage is designed to protect your business against direct physical loss to your property that has been damaged or destroyed from […]

Supply chain consulting firm Armstrong & Associates released its report, “Trends in 3PL/Customer Relationships – 2017,” indicating that 90% of domestic Fortune 500 companies rely on third-party logistics providers (3PL) for outsourced logistics and supply chain services. Armstrong & Associates has been tracking these 3PL-customer relationships for more than a decade. The report findings are based on analysis of more than 7,200 current 3PL customer-relationships in 41 countries—representing nearly 20,000 services. The report’s key findings, as outlined by online publication, Supply Chain 24/7, are as follows: Fortune 1,000 3PL revenues, which, at $132.8 billion, account for just under 80% of […]

Supply Chain Risks – Mitigating Through Incoterms® and Insurance For successful sales, a solid understanding of the International Commercial Terms – Incoterms® 2010 – is vital. We will provide an overview of the Incoterms® 2010 rules critical to the sale of goods, both domestically and internationally. A good understanding of the rules brings clarity to the costs, risk and responsibilities of both the buyer and seller and is a seller’s best defense to ensure full and prompt payment. We will also explore the relationship between Incoterms® and insurance and how you may prevent risks throughout the various stages of the […]

As part of our ongoing efforts to provide the tools and resources you need to successfully manage a compliant Customs Bond Program, we offer the following answers to your most frequently asked questions. The following information reveals some of the most common reasons why eBonds are rejected by CBP and solutions on how these issues can be resolved. [table id=15 /] If you have a question you’d like answered and it’s not addressed above, please submit it to infospot@roanokegroup.com.