Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

To mitigate risks associated with air cargo, shippers can adopt a dual-protection strategy: purchasing air transport insurance and declaring the value of the goods. Insurance transfers risk to the insurance company through compensation. Declared value carriage ensures the carrier assumes full liability for compensation based on the pre-declared value. This combination maximizes the shipper's protection and safeguards their interests against potential losses or damages during air transportation.

09/26/2025 Logistics Encyclopedia
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Master Vs House Bills of Lading Risks in Global Shipping

Master Vs House Bills of Lading Risks in Global Shipping

House Bill of Lading (HBL) and Master Bill of Lading (MBL) differ in definition, risk, and applicability. MBL offers advantages in terms of property rights and claims. Careful selection is crucial to mitigate potential risks. Understanding the nuances of each type of bill of lading is essential for participants in international trade to ensure smooth transactions and protect their interests. Choosing the right bill of lading can significantly impact liability and control over the goods.

09/26/2025 Logistics Encyclopedia
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Analysis of The Relationship Between Non-vehicle Carriers and Freight Forwarders

Analysis of The Relationship Between Non-vehicle Carriers and Freight Forwarders

In modern logistics, non-vessel operating common carriers (NVOCCs) and freight forwarders play crucial roles as intermediaries in goods transportation, but they have different legal statuses and responsibilities. NVOCCs assume the role of carriers and are responsible for the safety of the goods during transit, whereas freight forwarders act solely as intermediaries and do not assume transportation liability. Additionally, there are significant differences in their charging methods and the conditions required for their establishment.

07/21/2025 Logistics Encyclopedia
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Ebay UK Imposes New Safety Rules for Button Battery Sellers

Ebay UK Imposes New Safety Rules for Button Battery Sellers

eBay UK has announced new safety regulations for button cell batteries, requiring sellers to strictly adhere to the PAS 7055 standard to ensure product safety. Violations may result in product removal or even legal liability. Sellers are urged to carefully study the regulations, conduct self-inspections, and stay informed about official updates to ensure their products meet safety standards and protect child safety. Compliance is crucial for maintaining a safe marketplace and avoiding penalties.

01/16/2026 Customs Knowledge
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Macys Rug Gallery Enhances Supply Chain with Cargo Insurance

Macys Rug Gallery Enhances Supply Chain with Cargo Insurance

Macy's carpet business addressed lengthy traditional carrier liability claim processes by switching to cargo insurance. Cargo insurance offers faster claims processing, more comprehensive coverage, and more controllable risk management. This helps reduce supply chain disruptions, ensures the safe and timely delivery of goods, and ultimately improves customer satisfaction. By mitigating risks associated with shipping and providing quicker resolutions to potential losses, Macy's enhances its supply chain resilience and protects its bottom line.

01/21/2026 Logistics
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Porttoport Vs Doortodoor Shipping Key Differences Explained

Porttoport Vs Doortodoor Shipping Key Differences Explained

This article delves into the core differences between port-to-port and door-to-door services in international shipping. It covers aspects such as service scope, liability boundaries, operational complexity, and cost structure. The aim is to assist cargo owners in selecting the most suitable logistics solution based on their specific needs, thereby achieving cost optimization and efficiency improvements. This analysis provides a comprehensive understanding to facilitate informed decision-making in global trade logistics.

02/03/2026 Logistics Encyclopedia
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Banks Boost Loss Management to Maximize Asset Value

Banks Boost Loss Management to Maximize Asset Value

This article explores how to effectively manage damaged goods in warehousing by establishing standardized processes and strategic disposal to maximize asset value. It aims to transform the traditional perception of damage from a consumption perspective to a value-creating approach.

07/31/2025 Warehousing
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Explaining Key Concepts in International Cargo Transport

Explaining Key Concepts in International Cargo Transport

This article provides a detailed analysis of the concepts and distinctions between goods in transit, transshipment goods, and through transport goods. Through case studies and comparative tables, it aims to help readers understand these three different modes of cargo transportation and enhance their professional knowledge in international trade and logistics. The comparison highlights key differences in customs procedures, liability, and documentation requirements for each type of shipment, providing a comprehensive overview for practitioners in the field.

09/26/2025 Logistics Encyclopedia
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Guide to Container Weight Compliance for Shipping Industry

Guide to Container Weight Compliance for Shipping Industry

This article explains the key weight markings on container doors, including gross weight, tare weight, payload, and cubic capacity. It highlights the Shipper's responsibilities under the new VGM regulations, emphasizing the accurate declaration of weight, assuming liability, and timely provision of VGM. Customers are advised to photograph the weight markings during container loading to ensure smooth shipment. This practice helps verify declared weights and avoid potential delays or penalties related to inaccurate weight declarations as mandated by VGM regulations.

09/26/2025 Logistics Encyclopedia
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Freight Insurance Guide Addresses Cargo Handling Risks

Freight Insurance Guide Addresses Cargo Handling Risks

Loading and unloading liability insurance is a crucial component of cargo insurance, designed to protect against accidents during the loading and unloading process. Businesses should assess their risk exposure, understand insurance policy terms, and select reputable insurance companies. Combining this insurance with other risk management strategies effectively mitigates risks associated with loading and unloading, ensuring cargo safety and minimizing potential financial losses. It's a proactive approach to protecting goods and reducing the impact of unforeseen incidents.

11/03/2025 Logistics Encyclopedia
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