by Mona Sohal | Mar 9, 2026 | Freight Insurance
Key TakeawaysThe national cargo recovery rate has plummeted as organized crime rings use secondary vehicle transfers to disperse stolen goods within minutes of a fictitious pickup.Despite incident volume remaining steady, the average value per theft has spiked to...
by Mona Sohal | Mar 11, 2026 | Freight Insurance
Key TakeawaysThe greatest risk in blue-water transit is the complete physical loss of Ocean Freight via onboard fires, severe weather, or vessel sinking, resulting in a 100% capital wipeout for uninsured shippers.If your cargo survives a maritime peril but the vessel...
by Mona Sohal | Jul 6, 2026 | Freight Insurance
Key TakeawaysStandard carrier liability caps payouts at $4.41 per kilogram ($2 per pound), leaving multi-million dollar industrial machinery exposed during transit.Supply chain crime targeting high-value commercial cargo reached $131.58 million in Q1 2026, driven by...
by Mona Sohal | Jul 24, 2026 | Freight Insurance
Key TakeawaysIntermodal freight shipping exposes high-value machinery to severe financial risk because standard carrier liability is strictly capped by weight.The standard carrier liability limit is strictly capped at $4.41 per kilogram ($2 per pound) on a standard...
by Mona Sohal | Jul 30, 2026 | Manufacturing & Industrial, Freight Insurance
Key Takeaways Heavy equipment transport costs in Canada are driven by dimensions, distance, specialized trailers, and provincial oversize permit requirements. Standard carrier liability under the Canadian Uniform Bill of Lading caps recovery at $2.00 per pound,...
by shipsimple | Sep 28, 2026 | Freight Insurance
Key TakeawaysCargo insurance for importers protects commercial shipments against physical loss, theft, and impact damage, settling claims based on declared value rather than weight-based carrier limits.Warehouse to warehouse coverage attaches when goods leave the...
