Insurance

Graham Gonzales | RELIANCE PARTNERS INSURANCE IN THE 3PL space has evolved over the past decade. Exciting innovations in this arena have led to wariness among insurance providers, supported by an unprecedented cadence of claims. Backward, right? Innovation is exciting and change is good in most industries. What this means is that a traditionally fixed industry has become fluid in ...

Steve Kochan | COMFREIGHT TO SAY WE’RE living in “interesting times” might be an understatement lately. From shippers having an over-supply to the challenges that smaller carriers are experiencing with fuel prices, to the greater macro-economic challenges of inflation, there are many new dynamics that will likely continue for some time. Carriers are under pressure as fuel costs reach record ...

While the threat of nuclear verdicts loom large in the transportation industry, smaller claims also negatively impact insurance costs and increase paid out-of-pocket claims.

Digital freight matching addresses some of the biggest pains points both carriers and brokers face today, including the rate negotiation process, which can waste precious time with back-and-forth emails, phone calls, and just waiting for responses.

When cargo goes missing en route, a practical and methodical approach—being proactive, professional and bold—works well. But asking, rather than demanding information, works best.

Inevitably, delivery snafus will occur, and sometimes canceled altogether. Make sure to follow the Cardinal Rule to “Get everything in writing,” and consider using an "On Hand Notice" to salvage product and recover costs.

Expanding your business can be as risky with new clients as

Sound risk management and seeking expertise on insurance matters can help avoid those "What can go wrong? scenarios.

Even though it occurred a decade ago, the lessons from the 2008-2009 recession are still fresh in the minds of many business leaders. And they still affect companies’ credit management decision-making and strategy.

Doug Clark | Douglas Clark Consultants We’ve all been there – crushed cartons, wet product, frozen product, hot product, shortages, late arrival, no arrival, etc., etc. An endless list and one that often requires adjusting the agreed-upon freight rate with a customer. Some adjustments are less than $100, while others are right at the limit of your applicable insurance deductible. ...