Writing in Inbound Logistics magazine, our colleague Dan Negron in New Jersey reports on a recent appeal for help from a member in the United States. He was handling an importation of roof tiles for a client, but it had been held up by the Customs & Border Protection service. There was nothing wrong with the tiles themselves, but the wood used in the crates did not bear a "permanent and legible mark" that it had undergone appropriate treatment against infestation.
New management appointments at TT Club
25/06/2006
TT Club, the leading transport insurance provider, has announced a number of management changes in its Asia-Pacific and Europe regions.
THROUGH Transport Club, the international transport mutual, is aiming to increase the volume of insurance business with logistics and transport operators under its new four-year business plan.
Insurance providers are struggling to keep pace with changes in the logistics industry and need a new approach to understanding risk in the light of today's logistics contracts.
TT Talk Edition 85 - 13/06/2006
12/06/2006
1. Club warns of stormy weather ahead - and what to do about it
TT Talk - NVOCs and General Average
12/06/2006
The explosion and fire on board Hyundai Fortune affected a very large number of containers which had been on their way to Europe, and consequently also very many intermediaries -- whether they call themselves forwarders, NVOCs, NVOCCs, logistics operators or consolidators -- and their clients. While general average is a very ancient maritime institution, it is a fairly rare occurrence these days. It therefore comes as no surprise to note that the ocean carrier's demand for GA guarantees has caused problems for shippers and intermediaries alike: very few understand how it operates in practice. Harry Lee in the Club's Hong Kong office explains:
While New Orleans gradually climbs out of the troubles caused by last year's flooding TT Club has launched a loss-prevention initiative in the form of a 45-page guide to help port and terminal operators minimise the damage caused by windstorms.
TT Talk Edition 84 - 19/05/2006
18/05/2006
1. A M Best upgrades Club's ratings
Harry Lee, from the Club's office in Hong Kong has provided this look at one of the important functions of a bill of lading.
TT Talk - US strengthens air cargo security
12/05/2006
Dan Negron writes from New Jersey to point out significant changes in US regulations governing the tendering and acceptance of air freight.
The TT Club has received a boost from industry ratings agency AM Best, which has upgraded the Club's financial strength rating to A- (Excellent) from B++ (Very Good).