Industry Insights

Situation  In Q4, BSI recorded a significant uptick in rail thefts in North America, especially in the United States, in the Los Angeles area along trail lines, and near the port.  In Q4, the rail modality accounted for 6.7 percent of recorded cargo theft incidents in the United States. While this is a significant jump from previous years, predominantly composed of either the facility or trucking modality, the majority of the thefts are limited to California, generally, and the East Los Angeles area, more specifically. However, Memphis, Tennessee is increasingly seeing an uptick in rail thefts as well, highlighting the shared risk […]

Roanoke is pleased to share that Matt Zehner, Vice President of Surety Information and Analysis, has been appointed to the 16th term of the Commercial Customs Operations Advisory Committee (COAC).  Matt has been with Roanoke since 2002 and is involved with many facets of Roanoke’s surety product line, which involves monitoring current events for changes in the legal and regulatory environment. More specifically, Matt represents Roanoke in matters before U.S. Customs and Border Protection (CBP), the Federal Maritime Commission (FMC), and the Federal Motor Carrier Safety Administration (FMCSA) – especially for those issues that involve regulatory and technology matters. His […]

Roanoke Insurance Group is proud to again sponsor the 2022 National Customs Broker and Forwarder Association of America (NCBFAA) $5,000 scholarship awarded to a student intending to join the trade industry. The award will be presented at NCBFAA annual conference in May. Our 2021 recipient Daniela Piperno’s reason for applying for the scholarship: “Advancing my studies in supply chain management will help me to further understand more how my organization operates as a whole and will allow me to enhance my value-add to the organization.” To apply, simply request an application by e-mailing cgillis@ncbfaa.org. The completed application is due by […]

The ongoing global pandemic has triggered significant changes in the supply chain environment, and cargo thieves have deftly adapted their methods to this new reality. As a result, these resilient and opportunistic criminals pose a grave threat to supply chain security throughout the globe. The spread of the COVID-19 virus combined with disruptive measures enacted by governments worldwide has inspired criminals to adopt alternative tactics. Increasingly, thieves target facilities over trucks, and a spike in the theft of PPE and related medical goods last year exemplifies the use of these new methods. Another concerning trend developing over the past year […]

Roanoke Insurance Group, your partner in insurance, surety bonds, ATA Carnet products and specialty services for the logistics and trade industries, has a new look and improved online performance! We are thrilled to announce the launch of our new website! The goal of the new site is to create an improved experience for our visitors and to share our revitalized branding which has been built from the ground up with insights gathered from clients and partners. The refreshed branding is designed to better reflect Roanoke’s culture, expertise, dedication and high performance. The new website simplifies and streamlines navigation while adding […]

Since the beginning of the pandemic, there has been a torrent of news stories about insurance litigation. The media has prominently highlighted Business Interruption claims for losses due to government orders and shut downs have been prominently highlighted. This increased scrutiny has all industries, including logistics service providers, asking, “What is Business Interruption Insurance, and do I need it?” What Is Business Interruption Insurance? Business Interruption insurance coverage is intended to step in and pay the policy holder for a loss to revenue when normal business is interrupted by a covered incident. Typically a covered incident will be due to […]