Category: Misc.

If this cargo is destroyed, is it covered? That is contingent on the insurance.

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

An Introduction to Freight Insurance

Freight Forwarder Insurance

Freight typically ends up in many places, handled by myriad people and machines. From freighters to warehouses, the transportation of goods can get quite complex. If you’re shipping items, you don’t want them lost, stolen or broken. Therefore, you should insure your freight. Thankfully, there’s freight insurance which covers damages during the shipping process.  Liability… 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

Container cargo 2020, where we are, and where we may go.

Cargo Theft

Recently I was asked to do a talk (webinar of course) on the impact of the state of container shipping and the impacts of the pandemic driven shutdowns, I accepted. In preparing for the presentation, as many do, I put my thoughts on paper. With the webinar behind me I realized, while in no way polished, my… Read More

How the pandemic exposed tech weakness in the supply chain.

Back in the early 1990s, I worked for a government contractor that made a real effort to go ‘paperless’ within the confines of their company. The plan was excellent, and even then, their technology was sufficient to pull it off. What didn’t materialize was their workforce embracing the paperless system. We all loved our paper… Read More

Port congestion coming? It’s up to you.

According to container lines and forwarders, it is time to pick up your containers at the port. They are beginning to pile up. It isn’t that ports want to be uncooperative, but imports not being picked up will eventually create a logjam of containers. Okay, I get it, manufacturers and retailers not considered essential wish… Read More