My wife Cyndi and I occasionally shop at a local warehouse store (Sam’s Club) when we feel we need a decade’s supply of bathroom tissue and paper plates. This past Saturday was the day of one of those bulk procurement trips. After we finally got around the traffic jam created by the obligatory car parked… Read more »
Already August and Fuel is Still Cheap!
Back in January of this year I published an article on LinkedIn called ‘Gas is cheap and this is my new grocery getter!’ that was not published in our website blog. In the article I mentioned low oil prices may slide all the way through summer. Instead of me paraphrasing my January article it would… Read more »
Here’s one for the freight forwarders
In my line of work, I have the pleasure of working with many freight forwarders. For as many years as I have been privileged to provide cargo insurance and cargo risk consulting to the market, it never ceases to surprise me when I find freight forwarders who don’t have their own freight forwarders cargo insurance… Read more »
What is Cargo Insurance and Why Do You Need It?
Cargo insurance, also known as shipping, freight, or marine insurance, is the oldest form of insurance. It can be traced back to the Phoenicians, around 1200 BCE. You can’t argue that cargo insurance isn’t a good idea if it’s been around for 22,000 years! Cargo insurance is insurance that guarantees coverage for any damages… Read more »
If You Owned the Titanic, How Much Could You Be Sued For?
Stories of the infamous Titanic continue to circulate today, over 100 years after its tragic maiden voyage. This is not only because of the lives lost, but also because of the vast amount of wealth that was claimed by the sea—ultimately leading us to wonder: for just how much could the owners of the Titanic… Read more »
The Rising Problem Of Cargo Theft
Although not commonly made to be public knowledge, cargo theft is becoming a real problem in our country. Cargo shipments produce millions of dollars each year and all too often, the goods being transported by cargo are becoming victim of theft. Cargo theft is characterized by goods being stolen during transport, which is any point… Read more »
Adequate Cargo Insurance
What is the point of having cargo insurance if coverage isn’t sufficient? With cargo insurance, there are several variables that factor in to what’s covered with regards to lost or damaged goods during shipment from one place to another over long distances. At issue, especially, is the concept of liability—who or what entity is ultimately… Read more »