10 Strategies to Mitigate Supply Chain Risks in Cargo Transport

10 Strategies to Mitigate Supply Chain Risks in Cargo Transport

This article delves into the importance of cargo insurance and provides ten strategies to help businesses build a stronger cargo risk management system. These include understanding insurance mechanisms, establishing tracking systems, optimizing packaging, selecting reliable carriers, strengthening risk assessments, developing contingency plans, familiarizing oneself with claims procedures, staying informed about industry trends, considering trade credit insurance, and paying attention to 'General Average' risks. By implementing these strategies, companies can mitigate potential losses and ensure the security of their supply chains.

11/03/2025 Logistics Encyclopedia
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Container Ship Accidents Disrupt Supply Chains Spur Insurance Concerns

Container Ship Accidents Disrupt Supply Chains Spur Insurance Concerns

Facing the increasing risk of containers falling overboard, businesses need to build a multi-layered supply chain security system. Flexport Insurance offers zero deductible, simplified claims process, and proactive alerts to safeguard your goods and ensure business continuity. Mitigate potential losses and disruptions caused by cargo damage or loss incidents with comprehensive cargo insurance solutions designed to protect your supply chain from unforeseen events.

01/19/2026 Logistics Industry Insights
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Guide to Avoiding Common Marine Insurance Mistakes

Guide to Avoiding Common Marine Insurance Mistakes

This article reveals six common misconceptions in marine insurance, including misunderstandings of the 'Warehouse to Warehouse' clause, delayed insurance purchase, concealing cargo information, neglecting deductibles, incomplete claim documents, and over-reliance on 'All Risks' coverage. For each misconception, the article provides detailed guidance to avoid pitfalls, aiming to help businesses correctly understand marine insurance terms, purchase insurance promptly, disclose information truthfully, retain evidence, and appropriately combine insurance types. This effectively transfers risk and avoids claim difficulties.

01/23/2026 Logistics Encyclopedia
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New Handbook Aids Air Cargo Loss Prevention

New Handbook Aids Air Cargo Loss Prevention

The "Practical Handbook of Air Cargo Claims and Loss Prevention" is a practical guide to air cargo claim handling. It compiles laws, regulations, case studies, and industry expert experience, covering claim procedures, liability determination, amount calculation, and loss prevention. It aims to help readers efficiently handle claims, reduce the risk of cargo loss, and ensure business security. This handbook provides valuable insights into navigating the complexities of air cargo claims and implementing effective loss prevention strategies within the framework of IATA regulations.

12/30/2025 Logistics Encyclopedia
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Understanding Free Detention: The Value and Significance in Ocean Freight Containers

Understanding Free Detention: The Value and Significance in Ocean Freight Containers

Free Detention is a period in international shipping during which the cargo owner can use the container without charge, typically lasting for 7 days. Exceeding this period incurs detention fees. Understanding Free Detention and the methods for applying for extensions is crucial for cargo owners to effectively manage transportation costs. The collection of detention fees aims to enhance the utilization of containers and prevent cargo owners from monopolizing them.

07/21/2025 Logistics Encyclopedia
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Global Shipping Insurance Key Strategies to Avoid Risks

Global Shipping Insurance Key Strategies to Avoid Risks

Declared value insurance for international express is not a panacea. Comprehensive evaluation is needed based on cargo attributes, transportation routes, and compensation terms. High-value goods and high-risk routes benefit from insurance; low-value goods and mature routes may not require it. Understand the limitations of declared value insurance and consider alternative solutions like third-party insurance or specialized logistics. Make rational decisions to mitigate risks. It's crucial to analyze the specific needs and circumstances before opting for declared value insurance to ensure adequate coverage and avoid potential disappointments.

11/03/2025 Logistics Encyclopedia
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New IATA Course Simplifies International Air Cargo Law Compliance

New IATA Course Simplifies International Air Cargo Law Compliance

The IATA "International Air Cargo Law and Conventions" course aims to provide practitioners with an in-depth understanding of the latest developments in air cargo law and effective methods for addressing complex legal issues. The course covers key topics such as international conventions, airline liability, multimodal transport, e-freight, best practices, and the IATA agency program. It helps improve operational efficiency, reduce legal risks, and gain a competitive edge in the global market. This course empowers professionals to navigate the intricate legal landscape of air cargo effectively.

01/20/2026 Logistics Encyclopedia
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US Air Express Firms Face Air Freight Insurance Claims Challenges

US Air Express Firms Face Air Freight Insurance Claims Challenges

This article provides an in-depth analysis of U.S. air freight line cargo insurance, covering key aspects such as claim scope, hidden limitations, claim procedures, and deductibles. It aims to help businesses mitigate transportation risks, avoid claim pitfalls, and achieve safe and efficient cross-border transportation of goods. Choosing the right insurance plan is crucial to ensuring worry-free coverage and truly safeguarding your shipments. Understanding these elements empowers businesses to make informed decisions and protect their valuable cargo during air freight transit.

11/03/2025 Logistics
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Ecommerce Sellers Guide to Essential Shipping Strategies

Ecommerce Sellers Guide to Essential Shipping Strategies

New cross-border e-commerce sellers should pay attention to transportation time, cost process, cargo safety, customs clearance, delay charges, insurance, communication and coordination, and inventory management when engaging in international shipping. Understanding these aspects and taking corresponding measures in advance can reduce risks and improve logistics efficiency, thereby supporting cross-border e-commerce business. Key areas include optimizing shipping routes, securing cargo insurance, and maintaining clear communication with freight forwarders to avoid costly delays. Careful planning is crucial for success.

11/03/2025 Logistics Encyclopedia
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