Introduction in Transportation Strategies As a crucial part of the logistics method and supply chain management, transportation must be effectively managed if organizations are to satisfy their customers and achieve acceptable rates of return on their investments. Effective and efficient strategies are of paramount importance to both shippers and transportation carriers. Shippers must be aware
Stock Throughput - More Than a Cargo Policy Stock Throughput (STP) policies have been around for decades; however, during my recent trips to Latin America more questions on their coverage have been arising. In this blog, I discuss some of the issues to consider when underwriting STP products, as they are more than just a
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Technology is Here to Stay Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus purus nisl, elementum vitae consequat at, tristique ut enim. Sed ut dignissim leo. Nullam sed metus id sapien faucibus rhoncus sed at magna. Nullam eget ornare leo, eget aliquam ante. Sed cursus malesuada fringilla. Cras porta ipsum sed nibh consectetur,
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Moisture Migration in Bagged Cargoes This article explains how and why moisture migration takes place and discusses to what extent surface ventilation can reduce or eliminate the damage to which moisture migration gives rise. The answer depends on the commodity; with grain in bulk, surface ventilation can do little or nothing; with rice or cocoa
In common commercial law, when one party breaches the contract then the other party is entitled to claim damages for any loss that has been suffered due to the breach. The onus of proof for this actual, financial loss falls upon the claimant, who has to prove that he suffered loss that was caused by
The Process of Hazardous Cargo Acceptance and Shipment Submitted by blogger on Thu, 2015/06/11 - 3:09pm In this post, let’s go through the actual process of how the hazardous cargo approval process works with the lines and port. It starts with the client approaching the shipping line for hazardous cargo acceptance. Most lines have their
The container revolution of the 1960s was deemed to be the solution to limiting cargo damage, but has experience proved otherwise? A considerable proportion of the Insurers time is taken up handling container cargo claims where 25% of the damage is physical, 14% temperature related, 11% containers lost overboard, 9% theft and 8% shortage.* It
Migration of Insects, Moths & Vermin Trouble is still frequently experienced with infestation of various cargoes by various types of insects. Beetles and moths continue to play chaos, especially with cereals carried by sea and also, of course, on land. According to publications of Agriculture, the most predominant infestations found were Cadelle (tenebroides mauritanicus), the
