Insurance

How Are Logistics Leaders Combating the Surge in Cargo Theft?
Management How Are Logistics Leaders Combating the Surge in Cargo Theft?

The logistics and supply chain sector is facing a mounting crisis as cargo theft becomes increasingly sophisticated and prevalent amid fluctuating economic conditions. This growing issue is affecting the industry more than ever before, necessitating a closer look at how logistics leaders are

Impact of Container Spills on Global Maritime Cargo Insurance Rates
Management Impact of Container Spills on Global Maritime Cargo Insurance Rates

The maritime industry recently saw significant container spill incidents involving the CMA CGM Belem and MSC Antonia off the coast of South Africa. Together, these incidents resulted in the loss of 145 containers. Yet, experts suggest these isolated events are unlikely to significantly impact cargo

Rising Container Ship Fires Escalate Insurance Costs and Risks
Management Rising Container Ship Fires Escalate Insurance Costs and Risks

The shipping industry is currently facing heightened challenges, significantly influenced by a surge in fires aboard container vessels. These rising incidents are not only jeopardizing maritime safety but are also resulting in substantial financial ramifications for shipping companies and insurers

Is Transportation Insurance Evolving with New Risks and Technologies?
Management Is Transportation Insurance Evolving with New Risks and Technologies?

The transportation industry is undeniably undergoing a rapid transformation driven by advancements in technology and evolving operational risks. This dynamic landscape presents a unique blend of challenges and opportunities for the transportation insurance sector. As technologies like autonomous

How Will the Hampton Logistics Center Impact Hampton Roads' Economy?
Management How Will the Hampton Logistics Center Impact Hampton Roads' Economy?

The collaboration between Turnbridge Equities and Manekin LLC marks the commencement of Hampton Logistics Center (HLC), a state-of-the-art Class A industrial park adjacent to the Port of Virginia. This strategic development is expected to have a significant impact on the Hampton Roads economy,

South African Firms Tackle Election Logistics and Unrest Risk
Management South African Firms Tackle Election Logistics and Unrest Risk

South African companies, particularly those in logistics and transport, are no strangers to the heightened tension and uncertainty that election periods bring. Oftentimes, these periods are marked by a heightened risk of civil unrest that can disrupt supply chains and lead to substantial economic

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