Online shopping has transformed the way consumers purchase everything from electronics to clothes, toys and a host of other goods. It has also impacted the way retailers are doing business. Instead of stocking their stores up with merchandise, they are housing more goods in warehouses in order to quickly ship to stores or fulfill online… Read More

The announcement of Hanjin Shipping’s receivership filing on Wednesday caused the shipping industry – from freight brokers to shippers – great concern over the impact of this development on the global supply chain. Hanjin is the largest container shipping company in South Korea and the seventh largest in the world, with daily capacity at 25,000… Read More

Truckstop.com, the freight-matching marketplace, and brokerage firm McGriff, Seibels and Williams recently launched CargoShield, a cost-effective insurance solution designed to reduce load liability and provide standardized coverage to the transportation industry. CargoShield is underwritten by Roanoke Underwriting, and covers a transportation firm’s customers’ goods with some of the broadest terms available. “Across the industry, you… Read More

When the United Kingdom (UK) voted to leave the European Union (EU) last month, shockwaves reverberated from across the pond to here in the United States, including in the global supply chain industry and insurance markets. However, leaders of the London commercial marine market were quick to calm fears, with John Nelson, chairman of Lloyd’s,… Read More

Hurricane forecasts have come out from several sources, including from Colorado State University, which recently predicted the Atlantic will produce a near-normal 12 storms during the six-month hurricane season that officially began June 1st. Of the 12 storms, five could become hurricanes and two could grow into major systems of Category 3 or stronger. The… Read More

Last August, dual blasts at the port of Tianjin in China where chemicals were being stored killed more than 100 people and destroyed buildings and goods within a 3.1-mile radius. Access to the area of the explosion was restricted from the onset, but one interesting aspect of this disaster was the extensive use of satellite… Read More

Cargo crimes reported to the Transported Asset Protection Association’s (TAPA) Incident Information Service (IIS) in the Europe, Middle East, and Africa (EMEA) region reached a three-year high in the first quarter of 2016. According to the report, there was an average of nearly five incidents every day resulting in millions of euros of losses for… Read More

Climate change as defined by NASA could involve a change in the Earth’s average temperature, or it could be a change in the Earth’s typical precipitation patterns as defined by NASA. The Earth’s climate, in fact, is always changing. In the past, Earth’s climate has gone through warmer and cooler periods, each lasting thousands of… Read More

National Retail Federation and Hackett Associates’ monthly Global Port Tracker report shows that, despite a fall-off from last year’s record-setting numbers, import cargo volume at the nation’s major retail container ports is expected to be at some of its highest levels ever during the next few months. “Retailers are importing less merchandise than last year… Read More

Emerging technologies are revolutionizing businesses across a broad spectrum of industry sectors. We see it in manufacturing with “Industry 4.0” where smart technology and real-time data are used to increase productivity and reduce costs (for example, 3D printing). We see it with the future of self-driving cars in the automotive industry; and we even see… Read More