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 Mona Sohal | Aug 7, 2026 | Manufacturing & Industrial, Manufacturing & Industrial
Key TakeawaysBuyers have exactly eight business days to remove equipment from an IronPlanet or Ritchie Bros. facility before facing penalties or abandonment.The buyer assumes 100% of the transit risk the moment the machinery leaves the seller’s premises.Standard...
by Mona Sohal | Jul 31, 2026 | Manufacturing & Industrial, Freight Insurance
Key Takeaways Securing coverage requires declaring the actual auction invoice value and electing CIF + 10% valuation at the time of booking. Standard carrier liability caps payouts based on freight weight, leaving massive financial exposure on high-value industrial...
