December 23, 2021 | Cargo Insurance | Joe Stanton
Roanoke Featured on American Shipper, Discusses Delays & What’s Covered
Millions of goods are stuck on container ships waiting for a space to be unloaded at U.S. ports or to be hauled away in trucks, leading to massive traffic jams and supply chain bottlenecks. While short- and long-term solutions to rectify the various challenges are being discussed, it’s important for LSPs, cargo owners, warehouse operators and other stakeholders in the supply chain to understand their insurance programs, contractual agreements and best practices to properly protect their businesses.
In an article titled “Disruption, delays and demurrage: What’s covered?”, recently published in American Shipper, Roanoke discusses disruptions, delays and demurrage, and what’s covered.
If you’re an LSP, be sure to discuss your insurance programs and risk management management practices with a trusted insurance broker. This will greatly benefit your company and help you determine where improvements can be made and the impact of future losses can be mitigated.
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