News & Insights
In Honor of Memorial Day, our offices will close at 3pm on Friday, May 26th and remain closed on Monday, May 29th. We will resume normal business hours on Tuesday, May 30th.
Although the peak holiday season is still months away, shippers and logistics service providers should heed the lessons of past missteps in order to ensure that the upcoming season is a happy one for their customers. It’s this very time period – the day after Thanksgiving to December 23 – that many retailers earn the […]
In its annual Global Resilience Index, insurer FM Global revealed that cyber attacks, natural hazards and supply chain failure are among the top risks that businesses face around the world. The annual index, which is online and available for free, ranks 130 countries and territories by their enterprise resilience to disruptive events. It provides a […]
Shippers often mistake declared value coverage with Cargo insurance, but in fact they are quite different. It is important to understand these differences and how claims are paid under each type of policy. Following is a brief overview of how these policies work. The practice of declaring a value for carriage occurs when a shipper […]
The global insolvency of Hanjin Shipping Co. Ltd. had a tremendous impact on cargo owners, including losses involving the need to move cargo from one carrier to another; making arrangements for additional transportation modes; and taking measures to minimize losses resulting in additional storage fees, charges and fines; among other claims. Hanjin, the largest shipping […]
The rise of e-commerce is helping to meet the demand of businesses and consumers for faster delivery times of goods and causing logistics service providers to look at their businesses differently including their use of different transportation modes. An article recently published by JLL on logistic trends points out that while mega ships (the largest […]