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LOST AT SEA: Protecting Your Shipments with Marine Insurance

Trans Global Auto Logistics

Cargo ship ONE Apus loses more than 1,800 containers in Pacific storm.”. While this example may seem extreme, this incident happened in late 2020, and there have been several other similar incidents since. So, what causes cargo to go overboard? Imagine shipping a vehicle to a destination across the Pacific Ocean.

Events 98
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Milestone: Freightos Celebrates One Million Transactions!

Freightos

This is particularly true on the air cargo side… but certainly not limited to air. even though events lead to capacity and pricing changing dramatically in real-time. When we took our first booking on freightos.com, for example, we didn’t even have payment worked out. Freight is digitizing itself now at real scale.

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TT Club Supports UK Crime Agency Targeting Cargo Theft

Logistics Business Magazine

The Freight Unit of the National Vehicle Crime Intelligence Service (NaVCIS) has been involved in numerous theft cases related to cargo crime in the UK; most recently acting to recover £200,000 of stolen goods. In the normal course of events, these goods risk disposal or destruction.

Cargo 44
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Marine Insurance and Why Your Shipments Need It

Dedola Global Logistics

But when it comes to international trade, not all importers realize the importance of marine insurance (otherwise known as cargo insurance). Marine cargo insurance safeguards you from financial liability. . and international laws require shipping companies to carry a certain minimum amount of cargo insurance. Abandoned cargo.

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WOF Summit promises latest market trends

Logistics Business Magazine

Ahead of the WOF SUMMIT , which takes place in Vienna on 4 th -5 th May, we caught up with Chief Commercial Officer of the WOF Group Christoph Grasl and asked him about this inaugural event. From 2009 he became MD of one of the leading air and sea cargo forwarders in Austria and had the Regional Director role for Central Eastern Europe.

Trends 61
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The Effects of Supply Chain Crises: What to Expect Short and Long Term

MTS Logistics

Shipping industry stakeholders have faced many of these events, and they have changed the shipping industry irrevocably, for good. One event after another pushed the overall supply chain to its limits. This was a good alternative for a few weeks as it seemed there was a good option for urgent cargo. importers.

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Marine Insurance and why your Shipments need it

Dedola Global Logistics

But when it comes to international trade, not all importers realize the importance of marine insurance (otherwise known as cargo insurance). Shipping freight overseas almost always goes smoothly, with cargo being safely delivered on-time in the vast majority of cases. Marine cargo insurance safeguards you from financial liability.