Truck cargo insurance helps carriers mitigate the risk of cargo loss during transportation. By safeguarding economic interests, it enhances professional standards in the logistics industry and increases customer trust.
To mitigate risks associated with air cargo, shippers can adopt a dual-protection strategy: purchasing air transport insurance and declaring the value of the goods. Insurance transfers risk to the insurance company through compensation. Declared value carriage ensures the carrier assumes full liability for compensation based on the pre-declared value. This combination maximizes the shipper's protection and safeguards their interests against potential losses or damages during air transportation.
This article provides an in-depth analysis of U.S. air freight line cargo insurance, covering key aspects such as claim scope, hidden limitations, claim procedures, and deductibles. It aims to help businesses mitigate transportation risks, avoid claim pitfalls, and achieve safe and efficient cross-border transportation of goods. Choosing the right insurance plan is crucial to ensuring worry-free coverage and truly safeguarding your shipments. Understanding these elements empowers businesses to make informed decisions and protect their valuable cargo during air freight transit.
The rapid development of unmanned delivery technology in China is attributed to policy relaxation, with various regions implementing supportive measures to promote the application of unmanned vehicles in the express delivery industry. It is estimated that by 2025, sales of low-speed autonomous vehicles will reach 190,000 units, paving the way for significant market opportunities and large-scale applications in the future.
The State Council has released a new policy for the development of the express delivery industry, emphasizing the enhancement of efficiency, market openness, and support for high-quality growth.
This article explores different concepts of maritime loss, including actual total loss, presumed total loss, general average, and particular average. These classifications assist in understanding how to evaluate and handle cargo losses during transportation, enabling effective management of related risks and insurance claims.
This article provides a detailed analysis of China's export tax rebate policy, including applicable conditions, special provisions, and products that are not eligible for rebates. It aims to help enterprises clarify the application process and strategies, enhancing financial transparency and competitiveness.
eBay's US site will implement a new return policy for auto parts on July 15, 2025, requiring sellers to offer at least 30 days of free returns for items priced over $10. eBay will subsidize 50% of return shipping costs to enhance customer satisfaction and boost sales. Non-compliant items will be removed, urging sellers to pay attention to the new regulations.
The Port of Los Angeles expects a 10% decrease in container throughput in the second half of this year, primarily due to market changes triggered by U.S. tariff policies against several countries. Despite a strong start to the year, the industry is filled with uncertainty about the future and must remain vigilant.
This article delves into the importance of cargo insurance and provides ten strategies to help businesses build a stronger cargo risk management system. These include understanding insurance mechanisms, establishing tracking systems, optimizing packaging, selecting reliable carriers, strengthening risk assessments, developing contingency plans, familiarizing oneself with claims procedures, staying informed about industry trends, considering trade credit insurance, and paying attention to 'General Average' risks. By implementing these strategies, companies can mitigate potential losses and ensure the security of their supply chains.
