There are things people incorrectly believe about cargo insurance. Regrettably, for a product so many businesses use, there is little training and education given to procure and use it. In this article, I am going to single out the misconceptions I have seen most often over the years. Cargo insurance insures everything to do with… Read more »
Cargo Theft is a Serious Issue
Cargo theft has been an issue long since long before you or I were alive. Centuries ago, pirates used to seize ships for the purpose of stealing whatever was on them, and men on horseback used to ride up to stagecoaches and steal whatever they could get from them. However, cargo theft isn’t a problem… 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 »
Common Cargo Shipping Risks
Protecting your precious cargo should be a priority anytime you do cargo shipping. There are an array of risks associated with bringing cargo from one place to another. You can protect them from many of these risks by investing in cargo insurance. Read more about a few of the most common cargo shipping risks below…. Read more »
Can there be too many places to buy cargo insurance?
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 »
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 »
LTL Shipping's Higher Risk
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 »