Uninsured Cargo Risks Rise Amid US Maritime Shipping Boom

Uninsured Cargo Risks Rise Amid US Maritime Shipping Boom

Ninety percent of ocean-shipped goods to the US are uninsured, highlighting a weak risk awareness in the industry. Misunderstandings of CIF/FOB terms, wishful thinking, and cost considerations are major contributing factors. The rise of ultra-large container ships exacerbates risk concentration, and industry volatility adds further uncertainty. Companies should prioritize risk management, dispel myths surrounding marine insurance, and choose appropriate insurance plans to safeguard their cargo. Proactive risk mitigation is crucial in today's volatile global shipping environment.

01/29/2026 Logistics Industry Insights
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US Shipping Reform Act to Impact Global Trade Dynamics

US Shipping Reform Act to Impact Global Trade Dynamics

The U.S. Ocean Shipping Reform Act is about to take effect, marking the first significant overhaul of U.S. ocean shipping regulations since 1998. This act aims to address issues such as ocean carriers refusing cargo and lack of transparency. It grants the Federal Maritime Commission (FMC) greater regulatory authority, promotes fair competition in the shipping market, and ultimately benefits consumers. This reform is expected to reshape the global trade landscape by addressing long-standing challenges in the ocean shipping industry and fostering a more equitable and efficient system.

01/28/2026 Logistics
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Matson Shipping Offers Guide to Efficient Booking Risk Management

Matson Shipping Offers Guide to Efficient Booking Risk Management

This article provides an in-depth analysis of Matson Navigation's vessel schedule inquiry process. It offers a multi-channel inquiry guide, analyzes schedule update frequency, introduces the global route network, highlights key port operations, provides booking strategies, suggests platform selection, explains ETD/ETA interpretations, and answers frequently asked questions. This helps users efficiently inquire, accurately book, and effectively respond to potential risks. The guide aims to optimize the use of Matson's services for cross-border logistics by offering practical advice and insights into their vessel schedules.

01/07/2026 Shipping Company Encyclopedia
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Shipping Industry Faces Supply Chain Crisis Urges Risk Reviews

Shipping Industry Faces Supply Chain Crisis Urges Risk Reviews

The Rickmers Maritime debt crisis and Hanjin Shipping bankruptcy highlight the inherent risks in the shipping industry. Supply chain managers should immediately assess the financial health of each link in their logistics chain, diversify risk, review contract terms, monitor operations in real-time, develop alternative plans, and leverage digital technologies to enhance supply chain resilience. These measures are crucial to ensure the safe and timely delivery of goods and mitigate potential disruptions caused by financial instability within the shipping sector.

01/28/2026 Logistics Industry Insights
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Understanding The Differences Between Freight Forwarding, Ocean Freight Operations, And Shipping Operations

Understanding The Differences Between Freight Forwarding, Ocean Freight Operations, And Shipping Operations

This article explores the distinctions between freight forwarding, ocean shipping operations, and shipping management. A freight forwarder acts as an intermediary responsible for the transportation procedures of clients' goods, while ocean shipping operations focus on the specific processes involved in maritime shipping, including shipment and booking. Shipping management is handled by staff responsible for pricing and booking, which includes multiple steps.

07/18/2025 Logistics Encyclopedia
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Shipping Firms Adopt New Strategies to Reduce Ocean Cargo Losses

Shipping Firms Adopt New Strategies to Reduce Ocean Cargo Losses

Ocean freight risks are increasing, making cargo more vulnerable. Strengthening risk management, purchasing cargo insurance, and improving contracts are crucial. Cargo insurance provides essential protection. Choosing the right insurance policy can effectively mitigate potential losses during ocean transportation. It's a vital safeguard against damage, theft, or other unforeseen events that can occur during the long and complex journey of goods across the seas. Proactive risk assessment and appropriate insurance coverage are essential for businesses involved in international trade.

11/03/2025 Logistics Encyclopedia
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Key Steps in Ocean Freight Shipping for Global Trade Efficiency

Key Steps in Ocean Freight Shipping for Global Trade Efficiency

This article provides a detailed overview of the key processes involved in international freight forwarding, including inquiry, authorization receipt, booking, cargo packing, customs declaration, bill of lading verification and signing, cost settlement, and document delivery. By interpreting each step, it helps enhance freight efficiency and ensures that goods arrive safely and on time at their destination.

07/29/2025 Logistics Encyclopedia
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Flexport Uses AI to Streamline Ocean Freight Challenge Shipping Norms

Flexport Uses AI to Streamline Ocean Freight Challenge Shipping Norms

Flexport leverages machine learning to optimize ocean freight, intelligently matching schedules, predicting demand, and optimizing routes. This has led to a 20% reduction in transit times, significant cost savings, and a decrease in order cancellation rates. AI technology not only boosts efficiency but also supports data-driven decision-making, optimizes container loading, and provides real-time cargo tracking. This signifies a move towards a more intelligent, efficient, and sustainable future for the freight industry.

01/28/2026 Logistics Industry Insights
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Ecommerce Sellers Opt for FBA Ocean Freight Over Traditional Shipping

Ecommerce Sellers Opt for FBA Ocean Freight Over Traditional Shipping

This article analyzes the differences between FBA ocean freight and regular ocean freight from a data analyst's perspective, focusing on service targets, processes, cargo requirements, costs, and timelines. FBA ocean freight is specifically designed for Amazon sellers, emphasizing compliant warehousing. Regular ocean freight offers more flexibility, suitable for non-e-commerce or specialized cargo. Sellers should make informed decisions based on their specific needs and operational strategies. The key differences lie in the specialized requirements of FBA versus the general applicability of regular ocean freight.

01/26/2026 Logistics Encyclopedia
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