Just one decade ago the number of organizations selling cargo insurance to freight owners for their cargo transported was a fraction of the number today. Back in those heady days, TJO Cargo was on page one for the search term ‘cargo insurance,’ and I knew many of my competitors, this is not the case today…. Read More
Category: About Cargo Insurance
Transportation in the year 2000 versus today.
Long long ago in a time unrecognizable to many of us, before iPhones, Twitter, Wifi, and even the ongoing Kardashian drama, cargo moved, and supply chains existed, but it was very different than today. While dinosaurs did not quite pull containers to and from the port, they may have well have been when compared to today’s… Read More
TMS’s Pairing Up With Cargo Insurance
When I visit my local supermarket, I often head to the deli counter to purchase salami, which I am not supposed to eat. Some time ago I noticed something. Placed right next to the deli sits the supermarket bakery. Well, how convenient is that? As I wait for the salami I am forbidden to eat, there is a wonderful… Read More
Switching to LTL Transport? Read This First.
Many shippers have borderline shipments that could be transported LTL although the option of truckload is often cheaper and quicker. Now that truckload capacity is tight with little relief in sight, LTL is becoming more attractive as an option for some shippers. There are a couple of things shippers switching from truckload to LTL must keep in… Read More
Anatomy of a Cargo Loss
The Inevitable It happens. It has always happened and it will continue to happen. Some cargo is lost from rough handling, some through improper packaging, and some cargo simply falls overboard from ocean going vessels. Ocean carriers don’t want to lose container cargo, but it happens just the same. We see reports in the media of the more spectacular… Read More
Does My Business Need Cargo Insurance?
Does a large portion of your business rely on cargo shipping? If so, there’s a pretty good chance you would benefit greatly from investing in cargo insurance. In the event of an accident or a misplaced shipment, you would be covered. Some companies have trouble deciding if they really need cargo insurance, though. Here are… Read More
The Importance of Cargo Insurance
Many things can go wrong aboard an oceangoing vessel. There could be terrible storms with gigantic waves washing over the ship’s decks, flooding cargo bays. Mechanical failures and fires could occur. And, gasp, even modern day pirates could try and come aboard and steal stuff. It can be dangerous out there on the high seas,… Read More
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