Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

A backdated insurance policy refers to an agreement where the insurer, at the request of the insured, retroactively sets the policy's inception date to before the shipment of goods, requiring mutual consent. This practice carries a fraud risk by potentially concealing the true date of the insurance contract. Insurers typically demand a guaranty letter to mitigate potential liabilities, ensuring that coverage is limited to risks occurring after the actual policy inception date.

Los Angeles Port Volume to Drop 10 Amid Trade Policy Changes

Los Angeles Port Volume to Drop 10 Amid Trade Policy Changes

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.

04/09/2025 Logistics
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Freight Forwarding Guide ISF FROB and Detention Fees Explained

Freight Forwarding Guide ISF FROB and Detention Fees Explained

This article provides an in-depth analysis of common issues in freight forwarding customs clearance, such as ISF, FROB, detention fees, and dangerous goods declaration. It offers practical advice to help you efficiently navigate complex processes, reduce logistics costs, and successfully complete import and export operations. The guide aims to equip freight forwarders and importers with the knowledge needed to avoid costly mistakes and ensure smooth transit of goods.

Galiano Islands YMF Code Key to West Coast Air Freight

Galiano Islands YMF Code Key to West Coast Air Freight

This article provides an in-depth analysis of the Galiano Island Airport (YMF) code, offering detailed airport information and West Coast Cargo's professional air freight services. Utilizing West Coast Cargo's three-letter code search system, users can easily query global airport information and access services such as air freight tracking and airline lookup, ensuring the safe and efficient delivery of goods. The focus is on leveraging the airport code and related services for effective air freight logistics within the West Coast region.

Kericho Airport Boosts Western Kenyas Air Transport

Kericho Airport Boosts Western Kenyas Air Transport

Kericho Airport (KEY) is a significant air freight node in western Kenya. Despite being a non-customs airport, it facilitates local economic development by connecting the region to larger hubs. Understanding its operational characteristics is crucial for effectively utilizing this resource. The airport plays a vital role in the transportation of goods within the region and beyond, supporting various industries and contributing to the overall growth of the Kenyan economy. Its strategic location makes it an important asset for businesses and individuals alike.

EPA Moves to Roll Back EV Mandates for Logistics Sector

EPA Moves to Roll Back EV Mandates for Logistics Sector

The EPA plans to revoke the 2009 mandate on electric vehicles, aiming to ease the burden on the logistics industry and offer consumers more car buying options. This decision has sparked widespread discussion and could change the competitive landscape of the electric vehicle market.

08/07/2025 Logistics
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