A Review of Cargo Crime in 2021

As featured in 3PL Perspectives Magazine in October 2023 Shippers must understand the differences in recovery options and choose the best and most cost-effective method to safeguard their financial interests. Property brokers and forwarders can assist customers by providing insightful guidance on these commonly misunderstood options. Rules of the Road – Interstate Shipments Since 1906, the Carmack Amendment to the Interstate Commerce Act has provided a federal scheme of carrier liability for actual loss and damage to goods during interstate ground transportation. 49 U.S.C.A. § 14706. To recover under the Carmack Amendment, the shipper must demonstrate the following: Delivery of […]

By Sergio Laos, ARM, CMIP Companies involved in the logistics and supply chain industries are all too familiar with the disruption and damage hurricanes cause, including damage to their facilities, equipment, and to a client’s cargo. You cannot control where a storm may land, but you can control the financial impact to your business. Hurricane season is fast approaching. Now is the time to ensure your emergency management and business continuity plan is ready to activate and to speak with your insurance broker to verify that your plan and your insurance program are aligned. Equally important is to speak with […]

Minimize disruption. Maximize recovery. Insure what matters. Why Insurance Readiness Is Business Resilience Every hurricane season, logistics businesses across the Gulf and East Coasts — and increasingly, inland — face serious risks. From warehouse flooding and power loss to damaged cargo and business shutdowns, the financial fallout can be significant. The good news? Insurance isn’t just a recovery tool — it’s a strategic advantage. This guide will help you evaluate your current policies, identify critical gaps, and understand what protections are most important before the next storm strikes. Designed for: Freight forwarders Customs brokers Warehouse and yard operators Inland and […]