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by Roanoke Trade

A recent podcast featuring Aaron Michel, senior engineer at AIR Worldwide, a provider of catastrophe risk modeling software and consulting services, discussed what we should be expecting when it comes to global supply chain disruptions in 2017. In order to portend what lies ahead, Michel says it’s wise to look back at the type of risks the global supply chain previously faced.


by Roanoke Trade

Offering your clients Cargo insurance to protect their goods against physical damage or loss while in transit is a valuable add-on service that helps you solidify your relationships. Having an on-line insurance application to automate the process of administrating your Cargo policy provides you with a number of key benefits, particularly with a system specifically designed for logistics service providers in mind.


by Roanoke Trade

In 2016 we saw several events hit the logistics services industry causing delays and upheaval in the supply chain. What these events have taught us once again is the necessity to have a robust emergency management plan in place to help assist companies in delivering client goods on schedule. While some events are sudden others are seasonal (hurricanes) and can be anticipated and better managed. 


by Roanoke Trade

In an expected move recently, at the request of U.S. lumber interests, the U.S. government began antidumping and countervailing duty (ADD/CVD) investigations. The investigations follow strict deadlines and schedules, but do allow for limited extensions of those deadlines. Based on HTSUS numbers provided, these investigations can affect what is historically over $4 billion of annual imports.

During the investigations, when certain affirmative findings occur, CBP is instructed to impose provisional measures on imports of goods within the investigations’ scope.


by Roanoke Trade

The centuries-old Chinese New Year, also known as the Spring Festival, will be celebrated on January 28 as we enter the Year of the Rooster in 2017. The public holiday begins in China the day before and runs through February 2. But, in reality, the holiday creates about 10 to 15 days of radio silence from the entire country including suppliers, agents, and partners, which has a huge impact on global supply chains originating in China.


by Roanoke Trade

Hanjin Shipping’s US liabilities far exceed its US assets of more than $124 million, the company told a New Jersey bankruptcy court Tuesday amid close scrutiny from a host of US creditors hoping to get paid – including one claiming to be owed $22 million. The troubled container line filed the financial disclosure a day before a US District Bankruptcy Court in New Jersey was scheduled to discuss the ocean carrier’s request to extend a previous Friday deadline to disclose its assets.


by Roanoke Trade

In the face of sluggish consumer demand, fewer airline routes, changing inventory strategies and other issues, shippers are increasingly looking to test out ocean transport in lieu of air carriers despite the fact it takes longer to deliver goods. Yet airfreight forwarders are stepping up to the challenge, working hard to manage these headwinds and leverage opportunities by increasingly offering integrated solutions, facilitating end-to-end cargo delivery processes, and enabling exporters to focus on their core competencies.


by Roanoke Trade

In the transportation and logistics industries dealing with counterparts in companies overseas is an inherent part of international trade and our global supply chain. Negotiating shipping terms and conditions and other agreements can be a little tricky when there are language barriers. International trade consultant John Freivalds says to try using “guerilla linguistics” – a small set of foreign phrases – to improve your negotiation position and make an impression when dealing with foreign entities.


by Roanoke Trade

As the leading provider of insurance solutions for transportation and logistics providers, at Roanoke Trade we handle many different types of Cargo insurance claims – from freight forwarders and property brokers to third-party logistics providers and customs brokers. We’d like to share these claims with you in a new series, “Cargo Insurance in Action,” to provide you with further insight of the type of exposures and incidents that can result in a significant loss and to underscore the importance of carrying Cargo insurance.


by Roanoke Trade

Peak season for higher-than-normal cargo thefts is in full swing, particularly during holiday weekends when transportation companies, shippers, and manufacturers need to be on maximum alert. Organized theft rings recognize that shipments during holiday weekends can be left unattended for prolonged periods of time. Additionally, according to FreightWatch International, the spike in theft activity during the peak season, which typically kicks off after Labor Day and runs through December, is due to the “surge” of goods flooding the supply chain ahead of “Black Friday,” the day after the Thanksgiving retail shopping extravaganza.