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.
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.
This judgment sets out a useful analysis of contracts where a court will examine the conduct of the parties and surrounding circumstances to reach a conclusion. Carriers should be alerted to the importance of knowing who they are dealing with, ensuring that the shipper on a bill of lading is correctly identified.
Apart from the recent devastating explosion in Beirut, there has been a spate of ro-ro/car carrier fires in recent months, leading to fresh calls for improvements, scrutiny and control in relation to dangerous goods (DG). Container ship fires are always in mind.
Both the extent and pace of growth in container volumes have put strains on a wide range of operational procedures and the physical hardware employed to handle the steel boxes, particularly onboard ships. Attention to numerous factors is needed to avoid repeated casualties.
FIATA International Federation of Freight Forwarders Associations and international freight transport insurer, TT Club, announce this year's regional winners for the Young International Freight Forwarder of the Year Award (YIFFYA). For over 20 years, the award has been providing valuable training opportunities for young talent in the freight forwarding industry.
The forum, held via an interactive webinar entitled 'Drones and autonomous vehicles: The future. now?', presented the current advances in autonomous transport in the air, at sea and on land. It examined the benefits and limitations of the technologies as well as the accelerating effects on adoption within international supply chains brought about by the current crisis.
The use of standardised containers for much of global trade has become second nature; the range of cargo types utilising such units continues to expand. There is significant reliance placed by the various stakeholders on the overall integrity of the concept, some explicit and some implicit.