Haulage Exchange’s Post

What's in your freight forwarder insurance policy? From cargo damage to customs delays, ensure you're covered. Knowing what's included—and what isn't—can save your business from unexpected costs. Here's what you need to know: https://hubs.ly/Q02JdTMj0 #freightforwarders #freightforwarding #logistics

"Did you know that 90% of global trade relies on maritime logistics? Despite the volume, many businesses overlook the importance of comprehensive insurance. From cargo damage to delays, the right coverage can save your operations from costly disruptions. At JAH Insurance Brokers, we specialize in tailoring insurance for NVOCCs, freight forwarders, and shipping lines. Let’s safeguard your supply chain together!

Shield your shipments from the unexpected! Our blog post discusses why freight insurance is the ultimate safeguard for your shipping and logistics. Whether it's LTL or container ships, learn how to make your shipping worries a thing of the past. Read it here: https://ow.ly/lpiV50RpOSX #FreightInsurance #Logistics #DigitalFreightAlliance

What's the deal with insurance and Incoterm CIP? 🔍 In contrast to the otherwise identical Incoterm CPT (Carriage Paid To), the seller must take out insurance for the goods in transit at the seller’s own expense. The CIP Incoterm can be used for all types of transport. CIP (Incoterms 2020) now requires comprehensive insurance cover of Clause A (all risks). For the comparable Incoterm CIF (Cost, Insurance and Freight), which is intended exclusively for sea freight, insurance cover of Clause C remains sufficient. For more help navigating Incoterms, speak to our team or read more here: https://lnkd.in/eZ5A2An9 #Incoterms #Logistics #FreightForwarding

A critical to learn and make sure you have! Cargo Insurance is paramount when engaging in international trade, and it is often overlooked. Learn more here: 🔗 https://hubs.ly/Q02FxyzV0 #LogisticsGlossary #LogisticsMadeSimple #KerryLogisticsOceania

CIF – Cost, Insurance, and Freight Explained with Fast Forward CIF covers shipping, insurance, and delivery to the destination port. The seller is responsible until the goods are loaded, then risks shift to the buyer. Commonly used in sea freight, CIF provides financial and logistical security. For more details, reach out to Fast Forward today +966533214969 https://bit.ly/3Ys0TER #Fast_Forward #logistics #KSA #supplychain #shipping #فاست_فورود

Myth-Busting in Logistics 🚛 | Why Freight Forwarders Do Need Insurance! Contrary to popular belief, insurance isn’t optional for freight forwarders—it’s essential to protect the business and every shipment handled.📦 Without the right insurance, freight forwarders are exposed to potential losses, damages, and unforeseen expenses. So, why take the risk? Here’s why insurance is a must-have in logistics and freight forwarding. #BusinessInsurance #TheBrutalBroker #FreightForwarders #Logistics #MythBusting

Freight brokers have options when it comes to cargo coverage, but not all policies are created equal. Shippers Interest is a transactional policy that provides coverage shipment by shipment, offering quick, reliable protection. However, there's another option to consider—Broad-Form Contingent Cargo. This annual policy may be more cost-effective but requires a proactive approach. Brokers must first attempt to collect from the motor carrier before filing a claim. While it serves as a good safety net, it's important to weigh the benefits of cost savings against the efficiency of your coverag. Have any questions? Ask us below! Also, you can learn more about contingent cargo insurance by reading our article linked in the comments. #FreightBroker #FreightBrokers #CargoInsurance #Logistics

What's the deal with insurance and Incoterm CIP? In contrast to the otherwise identical Incoterm CPT (Carriage Paid To), the seller must take out insurance for the goods in transit at the seller’s own expense. The CIP Incoterm can be used for all types of transport. CIP (Incoterms 2020) now requires comprehensive insurance cover of Clause A (all risks). For the comparable Incoterm CIF (Cost, Insurance and Freight), which is intended exclusively for sea freight, insurance cover of Clause C remains sufficient. Need help navigating Incoterms? Our team is ready to assist. Learn more here: https://lnkd.in/dEYHVUKv #RöhligGrindrod #CreatingChainsOfTrust #Incoterms #FreightForwarding

Are you in the logistics sector or run a fleet of vehicles? Follow my channel The Brutal Broker for relevant business insurance insights. Or reach out to me and lets chat about your insurance queries. #businessinsurance #logistics #fleetinsurance #TheBrutalBroker #vehicleinsurnace