Freight insurance specialist TT Club and its long-standing partner in Eastern Europe, Panditrans recently held a Seminar in Odessa to highlight the challenges of liability risk facing regional transport operators and to explore solutions to minimise such exposure.
Cargo theft remains one of the most significant causes of disruption in the supply chain and claims cost to the Club, accounting for around 10% by volume and cost of all reported claims in the last ten years.
In order to minimise empty repositioning costs, container operators frequently use reefer containers in a 'non-operating' mode to carry approved dry cargo.
London International Shipping Week takes place between 11th and 15th September, during which an event at the IMO will focus on the correct packing of Cargo Transport Units (CTUs) and the safety issues that result from poor packing and securing practices.
Few in the international freight supply chain can be unaware of the 'NotPetya' cyber event that struck at the end of June 2017. The repercussions should have caused organisations to review every existing assessment of the risk exposures arising from cyber activity.
Recent actions in the maritime sector in relation to containing cyber risks offer some useful lessons for the remainder of the intermodal supply chain. Embrace and apply the principles accordingly.
The risks involved in seeking electronic simplification in international trade reach far beyond the technological challenges; here is an assessment of integrating into existing contractual practices.
TT Club, leading international freight insurer, is very proud to continue its sponsorship of FIATA's Young International Freight Forwarder of the Year Award (YIFFYA), now in its nineteenth year.
Entries for the TT Club Innovation in Safety Award are gathering pace. Now in its second year, TT Club welcomes an extension to the deadline for entries recently announced by the organisers, to 20th July and calls for more organisations to be acclaimed as safety innovators.
