Some time ago an importer in Jacksonville, Florida bought machine product CIF from overseas. For those who are not students of Incoterms, CIF stands for, ‘Cost, Insurance, and Freight’. This means the overseas seller has the responsibility to pay the expense of the inventory, the cargo insurance, and the freight costs for what he sells to the… Read more »
Author: tomo-admin
Covid-19 triggers switch from ‘full load’ to ‘less than full load’ transportation.
Much of my writing is right here in the TJO Cargo blog. But I do share and originate pieces in LinkedIn Pulse. I looked in my LinkedIn Pulse article archive. Even with articles I removed to use in my books, ‘Biznanigans’ and ‘The Cargo Nerd’s Bathroom Companion’ being sold on Amazon, I realized I still… Read more »
The way to a recovery will be a bumpy ride.
In May 2020 I wrote ‘Container cargo 2020, where we are, and where we may go.’ https://www.tjocargo.com/container-cargo-2020-where-we-are-and-where-we-may-go or https://www.linkedin.com/pulse/way-recovery-bumpy-ride-tom-o-malley/ if you are a ‘Linkedin’ kind of person. In the article I forecast generally horrible conditions to mid-year with a recovery of sorts for the second half of the year. My exact words were, “While the first… Read more »
World Oceans Day is Coming!
This article is getting re-released in honor of ‘World Ocean Day’ https://www.worldoceansday.org/ coming on Saturday, June 08, 2019. If you read this article the first go–around last year, you can skip straight to the bottom to a link for a great webpage. If you have not read it, please do. It’s nothing that will make… Read more »
General Merchandise Shippers Watch Out!
Way back in 2014, I wrote a piece called *‘Stealing less and enjoying it more’. In short, the article cited an 11% volume drop in thefts March 2014 through May 2014 in the USA. Although despite the drop in incidents, the value of goods stolen jumped a whopping 89% per theft. The ‘value-versus incident number… Read more »
While there is a right answer, it's not always the right answer.
One of the questions I am often asked by small to medium-sized importers/exporters is, “Should I use a yearly cargo insurance policy or per-shipment policy for my cargo insurance?” My answer is always a definite, ‘that depends.’ While volume plays a large role in whether a yearly policy or per shipment insurance is the right… Read more »
Transport and Warehousing Outlook
Like them or not, tariffs have an impact, some intended, some not. It looks like one of the impacts the tariff battle will result in is a slowdown for the transportation and warehouse sectors for 2019. It’s not that tariffs and tariff talk eliminated all of the tonnage transported, but it certainly had an impact… Read more »