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Section 122 Tariffs and Cargo Valuation: Are You Insuring the Duty or Just the Goods?

Section 122 Tariffs and Cargo Valuation: Are You Insuring the Duty or Just the Goods?

by shipsimple | Mar 10, 2026 | Shipping Insurance, Marine Cargo

The ultimate executive answer to mitigating tariff-related cargo exposure lies in proactively structuring your insurance to cover the fully landed cost, definitively including all non-refundable duties. If your logistics risk model only insures the commercial invoice...
Freight Fraud Prevention: Master 100% Protection Against the $273,990 Theft Crisis

Freight Fraud Prevention: Master 100% Protection Against the $273,990 Theft Crisis

by shipsimple | Mar 9, 2026 | Shipping Insurance, Freight

Key Takeaways The Uncomfortable Truth: In 2026, the national cargo recovery rate in Canada has plummeted to just 9%, as organized crime rings now use ‘secondary vehicle transfers’ to disperse stolen goods within minutes of a fictitious pickup. The...
Freight Shipping: Master Actual Value Protection, Beyond the  $2.00/lb Carrier Limits

Freight Shipping: Master Actual Value Protection, Beyond the $2.00/lb Carrier Limits

by shipsimple | Mar 8, 2026 | Shipping Insurance, Freight

Key Takeaways The 2026 Liability Paradox: While the average value of a Canadian LTL pallet has increased by 22% since 2023 due to high-tech manufacturing, the standard carrier liability has remained stagnant. This creates a ‘Valuation Gap’ where a...
Intermodal Cargo Insurance: Prevent 98% of Devastating Rail Sabotage & Theft

Intermodal Cargo Insurance: Prevent 98% of Devastating Rail Sabotage & Theft

by shipsimple | Mar 6, 2026 | Shipping Insurance, Freight

Key Takeaways The Uncomfortable Truth: In 2026, standard rail carrier liability often caps at a mere $0.50 per pound, meaning a container of semiconductors worth $1M is only protected for roughly $20,000 – a 98% coverage gap that most shippers ignore until...
The Devastating Hidden Costs of Freight Damage: Why A-Rated Insurance is a Balance Sheet Necessity

The Devastating Hidden Costs of Freight Damage: Why A-Rated Insurance is a Balance Sheet Necessity

by shipsimple | Mar 3, 2026 | Shipping Insurance

Enterprise shippers require comprehensive commercial freight insurance because standard carrier liability completely fails to reimburse the devastating hidden costs of freight damage, explicitly capping payouts at nominal weight-based tariffs. By leveraging ShipSimple...
The Strategic Theft Surge: Why Your Freight Insurance Must Cover Fictitious Pickups

The Strategic Theft Surge: Why Your Freight Insurance Must Cover Fictitious Pickups

by shipsimple | Feb 26, 2026 | Shipping Insurance

Key Takeaways: Protecting Your Canadian Freight from Modern Fraud Strategic Theft is Up 1,500%: Organized crime has shifted from physical “smash-and-grab” to digital identity fraud and fictitious pickups, making specialized cargo insurance a necessity. The...
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