Industry Insights

As most of you are aware, on November 4, 2015 the Federal Maritime Commission issued a Final Rule involving various aspects of its regulations affecting Ocean Transportation Intermediaries (OTIs). As part of the Final Rule, the Commission now requires for the first time that OTIs renew their license every three (3) years. 46 C.F.R. §515.14(c). […]

Freight transportation costs in the United States amount to about 6% of the GDP, according to the Department of Transportation, contributing significantly to the cost of the supply chain for companies. When companies look to manage and reduce their overall supply chain costs, the appropriate use of transportation is key in doing so. Transportation management […]

Carnets: What Are They? How Do I Use One? We invite you to join us for an ATA Carnet Workshop at the Holiday Inn in Torrance, CA on February 23, 2017 from 8:30a – 11a. An ATA Carnet is an international customs document that provides duty-free customs clearance for temporary imports and exports into over […]

  Transportation intermediaries should carefully consider all costs involved in the pursuit of unpaid freight charges. These difficult situations are often further complicated when the transportation intermediary is presented with a counterclaim alleging delays in delivery and/or loss or damage to cargo to offset the freight amount due. Although those counterclaims can trigger insurance coverage, […]

In the latest edition of Roanoke Trade’s “Cargo Insurance in Action” series where our goal is to provide you with insight as to the type of exposures and incidents that can result in substantial losses and to underscore the importance of carrying Cargo insurance, we’re sharing the details of a recent claim involving the shipment […]

A recent podcast featuring Aaron Michel, senior engineer at AIR Worldwide, a provider of catastrophe risk modeling software and consulting services, discussed what we should be expecting when it comes to global supply chain disruptions in 2017. In order to portend what lies ahead, Michel says it’s wise to look back at the type of […]