The shipping industry, which has faced several challenges over the last several years, including overcapacity, price wars and freight rates below break-even levels, is now showing signs of recovery, according to a recent article in the Wall Street Journal. Due to an improving global economy, industry executives and analysts indicate that the worse may behind… Read More

We’ve seen “uberization” – changing the market by introducing a new way of using or buying a service – in a number of industry sectors including the taxi business (think Uber, Lyft) and hospitality (Airbnb, HomeAway), among others. In addition, just as you can find and pay for a ride using your mobile device, business… Read More

Aon’s 2017 Risk Maps for Political Risk, Terrorism, and Political Violence was released recently, citing that companies with domestic and international operations, including global logistics service providers, face a rise in terrorism risk as attacks increased by 14% last year. In addition, the wave of populism in the United States and elsewhere is changing the… Read More

The number-one risk for business continuity professionals is cyber attacks, according to the 2017 Horizon Scan Report published by the Business Continuity Institution (BCI), an association that provides insights into fast-changing threat landscapes, and the British Standards Institution (BSI). Data breaches come in second on the report’s top ten list, followed by unplanned IT and… Read More

According to reinsurer Munich Re, Roanoke Underwriting’s parent company, earthquakes in Asia and Italy, flooding in the United States, Asia, and Europe, a deadly hurricane along with wildfires in Canada, made 2016 the costliest 12 months for natural catastrophe losses in the last four years. Losses totaled $175 billion, two-thirds more than 2015, and were… Read More

As 2016 comes to a close, Roanoke Underwriting is taking a look at some of the top trends in the global logistics sector. These trends include the “uberi-zation” of trucking, warehouse “robotization” and the use of wearables in warehouses. A growing number of trucking companies are experimenting with Uber-like applications and services to move freight…. Read More

With the November elections over and a new administration set to take the helm of the U.S. government, the Trans-Pacific Partnership (TPP) and in general foreign trade are up in the air. During the campaign, the now President-elect pledged to upend the U.S. trade policy, even as Republican leaders in Congress closed the door on… Read More

Intermodal transportation combines the best abilities of different transportation modes to deliver service, savings, and solutions to shippers. Intermodal refers to any freight movement that involves transferring a shipping container from one mode of transportation to another—including, for instance, a move from ship to rail to truck or vice versa. Throughout the process, intermodal facilitators,… Read More

The global supply chain is a $26 trillion per year industry, with the job growth for logisticians in the U.S. at 22% through 2022, according to the Bureau of Labor Statistics (BLS). Moreover, today the demand-to-supply ratio of jobs to qualified individuals is six to one. In a few years, that could be as high… Read More