TPM: Huge rise in cargo theft prompts call for federal help
A huge rise in cargo theft in the US has left stakeholders pushing for “federal ...
Maersk Line is launching what it claims is an alternative to cargo insurance in response to the rising number of shipments consigned without cover.
According to the carrier, some 30% of cargo moved by sea is uninsured, but one source told The Loadstar this figure is could be overly conservative.
“In my experience, the actual percentage of shipments travelling without insurance is far closer to the 50% mark,” said the source.
“The only time this becomes an issue is when a problem arises, but when it does, ...
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