The leading international freight transport and logistics insurer, TT Club has drawn attention to action required to reduce perishable cargo losses and refrigerated container failures and damage.
TT Club has been at the heart of a long-term campaign to increase awareness of good cargo packing practices, both as part of responding to incidents and through speaking at industry events. These efforts are now galvanised in the 'Cargo Integrity Group'.
Coinciding with the international launch of 'CTU Code - a quick guide', the Safe Container Loading Practices and Heavy Vehicle Safety campaign was launched in Australia, following an award of government funding. While the emphasis is on road safety in Australia, the messages are consistent with those of the Cargo Integrity Group.
TT Club has appointed Abdul Fahl to take up the role of TTMS (Gulf) Director. The move follows the return to London from Dubai of Julien Horn who will continue in the position of Portfolio Underwriter for the Middle East, Eastern Med and African region and reiterates the TT's long-standing commitment to provide insurance solutions and unique support for its regional Membership and brokers.
Five international freight transport and cargo handling organisations are collaborating on the production of new guidance on packing standards for freight containers and other cargo transport units. The Container Owners Association, the Global Shippers Forum, the International Cargo Handling Co-ordination Association, the TT Club and the World Shipping Council are co-operating on a range of activities to further the adoption and implementation of crucial safety practices throughout the global supply chain.
Appreciating that where opportunity exists, innovation follows, TT closely monitors developments in a number of sectors. Developments in supply chain security in particular are of high interest, whether it is a new locking device, a tamperproof security seal, smart containers or initiatives to make wholesale fundamental changes to the current security landscape.
The curse of cargo theft continues to impact stakeholders in the supply chain. Analysis of incidents, increased data sharing agreements, collaborations and widespread dissemination of findings, all serve to improve understanding of the underlying risks.
Leading freight transport and logistics insurer TT Club is reflecting the evolving digital landscape in its new logo and revamped website. Increased accessibility to data, information and streamlined processes are the key aims of the insurance specialist's investments in digitisation.
The freight insurer's investment is seen as a significant initiative in developing a unified platform to help hauliers and drivers control the risks of theft and damage effecting the most vulnerable transport mode in the supply chain.
With an insurable interest in excess of 50% of the world's tank container fleet, freight transport insurer TT Club has an intimate understanding of the sector. Its latest StopLoss guidance for tank container operators in managing risk in this element of the global supply chain contains valuable advice.
Non-declared or mis-declared cargo entered into the international supply chain, vastly increases the risk to cargo, property, the environment and most importantly the lives of all individuals moving the goods.
