News / $6bn annual cost of not knowing the danger from what's in your containers

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Poorly packed containers and shipper misunderstanding of the dangers of some non-hazardous cargo could result in more than $6bn in annual damages to the supply chain.

Leading freight and transport insurer TT Club has renewed its call to shippers and other cargo interests to “take responsibility to ensure the risks are mitigated”.

It said its “analyses consistently indicate that two-thirds of incidents related to cargo damage are caused or exacerbated by poor practices at the time of packing goods into a freight ...