TT Talk - Perishable cargo operations
International trade in perishable cargo is a growth area for container carriers, now accounting for over 90% of world maritime reefer transport capacity and making inroads to airfreight as well. As ever, reward can be countered by risk.
While perishable cargo is high paying freight, it can also produce a high value claims. Shippers of such cargo - ranging from foodstuffs through to pharmaceuticals - will generally rely on specialist support throughout the supply chain process. If a booking is accepted correctly and the empty container is 'pre-tripped' properly and released to the shipper with the booked temperature/vent set correctly, the chance of the reefer breaking down in transit is low.
“While perishable cargo is high paying freight, it can also produce a high value claims”
The majority of perishable cargo claims occur due to confusion over Celsius and Fahrenheit setting, the temperature or vent is not set correctly and the container is not checked or plugged in throughout the supply chain. This article looks at some critical processes which - if done correctly - increase customer satisfaction and profitability or, conversely, lead to costly and time-consuming claims.
You may also be interested in:
TT Club's Loss Prevention team is pleased to invite you to join a webinar discussion on operational risk mitigation of portable tank operations.
Young International Freight Forwarder of the Year Award 2021 announced at final online event
FIATA International Federation of Freight Forwarders Associations and TT Club, international freight transport insurer, revealed this year’s global winner of the Young International Freight Forwarder of the Year Award (YIFFYA) during today’s final online event.
The leading global freight and logistics insurer underlines the future importance of technology in fulfilling its primary mission of a safer and more secure container industry with the appointment of an experienced CTO in Kevin Blunsum, working alongside Thomas Miller Group CIO Lisa Gibbard.