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by Roanoke Trade

There are several disruptive areas set to impact the future of the logistics industry, according to a report released by consulting company PwC called Shifting Patterns: The Future of the Logistics Industry. Evolving customer expectations, technology breakthroughs, new entrants into the industry, and new ways to compete and collaborate are reshaping the industry.  Following is an overview of what’s happening, according to the report, as well as what’s to come:

Changing Customer Expectations: Individuals and businesses are demanding that goods be delivered faster and at lower costs while also expecting greater flexibility.


by Roanoke Trade

As a leading provider of insurance solutions for freight forwards, customs brokers and other logistics service providers, one of the key components in helping our clients mitigate and prevent losses is through the implementation of strong risk management strategies, practices, and tools. To this end, Roanoke Trade has developed a complimentary Risk Management Webinar Series for 2017 to help clients enhance their awareness of potential risks in day-to-day operations and provide solutions to help manage these risks.


by Roanoke Trade

As a logistics service provider, you’re contracting with truckers to move your client’s goods and depending on reputable carriers to get your cargo to its final destination intact. You also depend on your carriers to take the measures necessary to prevent loss and minimize risk to the cargo, including from cyber threats. But the reality is that cargo theft continues to be costly for the industry, with estimated losses between $15 billion to $30 billion a year, according to the FBI.


by Roanoke Trade

As most of you are aware, on November 4, 2015 the Federal Maritime Commission issued a Final Rule involving various aspects of its regulations affecting Ocean Transportation Intermediaries (OTIs). As part of the Final Rule, the Commission now requires for the first time that OTIs renew their license every three (3) years. 46 C.F.R. §515.14(c). The Commission has begun the first round of alerting OTIs of their obligation to renew, sending notice to the email address the Commission has on file for a given OTI.


by Roanoke Trade

Freight transportation costs in the United States amount to about 6% of the GDP, according to the Department of Transportation, contributing significantly to the cost of the supply chain for companies. When companies look to manage and reduce their overall supply chain costs, the appropriate use of transportation is key in doing so.

Transportation management enables a firm’s transportation strategy to support its competitive strategy and its ability to deliver a level of responsiveness to customers.


by Roanoke Trade

Carnets: What Are They? How Do I Use One?

We invite you to join us for an ATA Carnet Workshop at the Holiday Inn in Torrance, CA on February 23, 2017 from 8:30a – 11a.

An ATA Carnet is an international customs document that provides duty-free customs clearance for temporary imports and exports into over 100 countries. ATA Carnet simplifies temporary entry by eliminating the need to post a temporary import bond or file a duty drawback.


by Roanoke Trade

Transportation intermediaries should carefully consider all costs involved in the pursuit of unpaid freight charges. These difficult situations are often further complicated when the transportation intermediary is presented with a counterclaim alleging delays in delivery and/or loss or damage to cargo to offset the freight amount due. Although those counterclaims can trigger insurance coverage, that counterclaim can ultimately make the cost of litigation prohibitive.


by Roanoke Trade

In the latest edition of Roanoke Trade’s “Cargo Insurance in Action” series where our goal is to provide you with insight as to the type of exposures and incidents that can result in substantial losses and to underscore the importance of carrying Cargo insurance, we’re sharing the details of a recent claim involving the shipment of wind turbine blades.

As businesses continue to search for alternative energy sources bringing significant opportunities for wind power firms, the transportation of wind turbine blades into the United States can be an oversized and complex logistical challenge.


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.