High Value, High Risk: How to Make Sure Your Cargo is Protected
If your company is shipping a load valued at $100,000 or more, you should take every step possible to make sure your cargo is protected. Here are five ways you can greatly lower the risk of losing hundreds of thousands of dollars from a failed shipment. 1. Check your insurance coverage. First, you need to […]
Read MoreReport: Retailers are Hemorrhaging Costs from Premium Delivery Services
2017 brings unprecedented competition for retailers. Not only has Amazon set the standard for how to do retail well, it’s set the new consumer standard on shipping. Prime-like shopping is the new benchmark with Americans demanding ultimate convenience and immediacy at a low cost. Temando’s, a shipping and fulfillment software platform for commerce, 2017 State of […]
Read MoreNo-show Fine Could Cause Nightmares for Freight Forwarders
The recent implementation of no-shows fine by shipping liners could potentially cause ‘nightmares’ for freight forwarders, says online freight forwarding company iContainers. In recent months, shipping liners including Maersk, CMA CGM, and Hapag-Lloyd have begun implementing no-shows fines on shipments that fail to show up on vessels. iContainers warns that such a fee, while the […]
Read MoreSafety and Shipping Report: Cyber Security, Regulation, and Cost Cutting Impacts Global Shipping
Large shipping losses have declined by 50% over the past decade, mostly driven by the development of a more robust safety environment by ship owners, according to Allianz Global Corporate & Specialty SE’s (AGCS) fifth annual Safety & Shipping Review 2017. There were 85 total shipping losses reported in 2016, down 16% compared with a […]
Read MoreReport: New York Maintains, Improves Most Grades in Manufacturing, Logistics Sectors
New York retained or improved its grades in a report on manufacturing and logistics from Ball State University. The grades that remained the same were manufacturing (D), logistics (C), human capital (C-), benefits costs (D), global position (C), tax climate (F), and diversification (B). The state improved grades in productivity and innovation (C+ to B) […]
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