CARGO INSURANCE – Your defense against unexpected and costly circumstances

Compliance Alert

Cargo insurance is one component of the supply chain that is often misunderstood. Many companies rely on coverage that is provided by the supplier or carrier and naively assume they are adequately protected. While there is nothing inherently wrong with this, understanding the terms and conditions of your policy is paramount. Please consider the following […]

Force Majeure May Be Invoked on Cargo

Compliance Alert

Rumors are circulating in the global shipping community about the invocation of force majeure. Although it is rarely used, force majeure can cause serious disruption in the supply chain. Worse yet, it can add a considerable expense to the consignee. In broad terms, force majeure refers to unforeseeable circumstances that prevents someone from fulfilling a […]