The delivery of cargo is a complex process that involves thousands of ships, planes, trucks, and trains, moving goods from one location to another. To move cargo from one location to another, companies rely on freight forwarders. Freight forwarder meaning an agency that ships or receives goods on behalf of other individuals or companies for […]
The Liabilities Of Freight Forwarder Insurance And How It Can Be Covered.
A freight forwarder is one who arranges shipment of a consignment or transport services on behalf of importers, exporters or other companies under a single contract which involves inland transit or more than one different modes of transport. Understanding the liabilities of Freight Forwarders Insurance is essential for protecting your business. The freight forwarder is […]
How to Buy the Best Freight Forwarder Insurance?
When it comes to freight forwarding, choosing the right freight forwarder insurance company is like choosing the right supplier and the right cargo. After all, you are choosing a partner who would be there to give you coverage against legal liability which may arise from cargo damage, physical loss, damages to a vessel owned by […]
What is All Covered Under a Freight Forwarder Insurance Policy?
Usually, freight forwarders are known as the ‘Architects of Transport’, as they are indulged in various types of operations and transport along with offering ancillary services, which may include insurance of own bills of lading. Those companies which offer freight forwarding, haulage, storage, and other logistics services have to abide by various traffic laws and […]
Scenarios When Your Freight Forwarder Insurance Company Doesn’t Pay Claim
As a freight forwarder, you are exposed to various kinds of liabilities, concerning the services you provide. Therefore, having a freight forwarder insurance policy is imperative to safeguard you and your business from loss or damage to cargo, fines, penalties, and legal costs among others which may arise while doing services and activities by you […]