In the recently published Annual Cargo Theft Report 2023 TT Club and BSI SCREEN Intelligence pinpoint high inflation as a primary macroeconomic driver of cargo crime patterns

The phenomenon of defendants facing the prospect of excessively high awards – known as ‘nuclear verdicts’ – against them in litigation, particularly in state courts in the US, appears to be happening with increasing frequency

Technological advances in digitalisation of process, telematics and smart containers provide opportunities to mitigate risk for the temperature controlled supply chain. However, much still relies on human intervention – and that is the aspect that TT’s claims experience suggests continues to produce losses.

The next version of the International Maritime Dangerous Goods Code (IMDG code), being Amendment 41-22, will shortly enter mandatory application.