Industry Insights

The Importance of Warehouse Legal Liability Insurance   Under the United States Uniform Commercial Code (UCC), a warehouse owner assumes responsibility for the materials they store for others for a fee. If a facility experiences a loss and a customer’s goods were damaged, the warehouse owner can be held liable for failure to exercise due […]

ISF Enforcement Update Effective May 13, 2014, and continuing for one year, Customs and Border Protection (CBP) announced an amendment to its Importer Security Filing (ISF) Enforcement Strategy. As a follow-up measure, CBP issued an ensuing FAQ document http://1.usa.gov/1hDS6bX which is an extension of the one-year review period that began July 9, 2013. CBP has modified its approach […]

ATA Carnet Lost Document Coverage and ATA Carnet Cargo Insurance The ATA Carnet Lost Document Coverage and ATA Carnet Cargo Insurance are both additional options that you can add on to your ATA Carnet. Often overlooked, both have valuable attributes that protect the ATA Carnet holder from any unforeseen expenses.  Lost Document Coverage will help […]

International Freight Forwarders & Customs Brokers Association of New Orleans (IFFCBANO) Receives Presidential Award for Export Service On May 28, 2014, U.S. Secretary of Commerce Penny Pritzker presented the International Freight Forwarders & Customs Brokers Association of New Orleans with the President’s “E” Award for Export Service at a ceremony in Washington, D.C. The “E” […]

Cargo Delivery Delays Plague All Hemispheres in May Stevedore strikes worldwide gained headlines last year and caused serious delays in shipments, but cargo delivery delays can result from numerous problems—both natural and man-made. Thick ice on Lake Superior caused shipping delays in late April and early May 2014, with 60% of the lake covered with […]

Value of Cargo Thefts Spikes 38.5% in Q1 The first quarter of 2014 concluded with a decrease in the number of reported cargo theft incidents but a massive spike in the average loss value per incident, according to FreightWatch International’s Supply Chain Intelligence Center’s Q1-2014 Cargo Theft report. A total of 206 full-truckload thefts occurred […]