News & Insights

Don’t Let E&O Claims Compound Profit Losses

Forwarders are struggling to maintain profitability as freight rates on some major container routes continue their dive, according to the Journal of Commerce (joc.com). Profit margins, typically tight, especially in Asia-Europe trade, are being hit by new record lows for spot prices. Rates are changing daily, and there is heavy quoting and bargaining that is […]

July 02, 2015

Industry Insights

Independence Day Hours

  In observance of Independence Day, our offices will close at 3:00PM on Thursday, July 2nd and will remain closed on Friday, July 3rd. We will re-open on Monday, July 6th at 8:30AM. From all your friends at Roanoke, we wish you a safe and memorable holiday weekend!

June 30, 2015

Corporate Communiqué

Fourth of July Weekend: Holiday Awareness

  On Monday, June 29th FreightWatch International released the following report as a guide for how to prepare for this holiday weekend: Description: Holiday weekends are notorious for showing increased cargo theft risks for transportation companies, shippers, and manufacturers.  Organized theft rings are active and understand holiday weekends cause shipments to be unattended for extended periods […]

June 30, 2015

Industry Insights

How the Additional Insured Clause Works in a Policy

An additional insured clause is attached to a third-party liability policy for the purpose of extending the coverage provided by that policy to the party named in the clause.  An additional insured clause is commonly requested along with evidence of various types of insurance in conjunction with a contract or agreement. For example, Party A […]

June 29, 2015

Industry Insights

The Pitfalls of Hold Harmless Agreements

Increasingly more of your customers are asking – or insisting – that you sign a hold-harmless agreement in order to maintain a business relationship. While it might be necessary in order to get or keep a client, be aware that you assume someone else’s liability when you sign. Don’t be mistaken, this has an impact […]

June 25, 2015

Industry Insights

ISF Enforcement Update – Implementation Delayed

Various representatives from the surety and customs broker community held a conference call with U.S. Customs and Border Protection on June 5, 2015, to discuss ongoing matters related to ISF. On that call we learned that CBP has delayed the planned May 14 implementation of full enforcement and continues to operate under the “three strikes” […]

June 22, 2015

Roanoke is the leading provider of insurance and surety solutions for transportation and logistics providers. In fact, we are recognized as the most reliable source for U.S. customs bonds.

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