Shipping accounts for over 90% of global trade. However, the outbreak of the COVID-19 virus has resulted in unexpected negative impacts on the shipping industry. Many commercial vessels have stopped arriving at ports, causing total revenues to fall drastically. Other ships are idled or delayed by disease containment measures.
Cabrella can help third party logistics companies insure packages, manage claims and provide important loss control data using that leads to improved efficiency all in one handy application. Companies may register their packages to be insured via integrated API technology, file and organize claims across multiple carriers with one streamlined process, upload documents and improve customer satisfaction when using Cabrella.
For many entrepreneurs and small business owners, standing in line at the post office becomes a big part of your job. Whether you make handmade jewelry, sew stunning costumes, or repurpose old materials into new works of art, you have to find a way to get those pieces into the hands of your customers.
The expansion of global trade is opening doors of opportunity for logistics and transportation providers. Third-party logistics (3PL) companies have extensive networks that can handle every aspect of the supply chain. Many companies choose 3PL service providers because of the competitive advantages over in-house logistics teams.
When you ship a package out, whether it be as an individual or as part of a business, you are taking a risk that the package may not arrive in the perfect condition that it was sent out in. There is a long list of things that can go wrong, so the shipping carrier service that you use will often offer insurance on your package.
The new compliance regulations for 2020 were put in place to help in many areas of environmental concern.
Shipping pharmaceuticals and medical equipment is more common now than ever. Whether you are a manufacturer of medicines, a medical storage facility, or a mail-order pharmaceutical company, you are shipping life-saving mediations and equipment that is potentially more fragile than glass.
Those with e-commerce experience are probably aware of the frustrations that come along with the order fulfillment process. Receiving, processing, sending, and tracking shipments to customers can be one of the most challenging and time-consuming aspects of life for an online retailer.
Every successful insurance broker or agent knows how important it is to be attentive to the ever-changing expectations of their clients. It is always useful to gain more insight into how clients think and what the need to be satisfied. Check out this survey-backed data that explains the main risk management challenges businesses face, areas where there is a perceived service gap, and what employers look for when choosing a broker.