Many surprises are a pleasant experience. "Surprises are the spice of life!" ...Right? In the world of transportation risk management, surprises are the opposite of pleasant. The shipper's dream: goods make it from point "a" to point "b" in perfect condition. The reality: by some estimates, damage, loss, and theft of goods during shipping exceeds $1 billion annually.
With businesses relying on their goods to make it to market, shipping managers cannot ignore this reality. The next question is an obvious one: "When accidents happen, who is responsible?" Carriers, shippers, and receivers all have to understand the complexities cargo and liability insurance or risk bearing 100% of the responsibility for damages.
With businesses relying on their goods to make it to market, shipping managers cannot ignore this reality. The next question is an obvious one: "When accidents happen, who is responsible?" Carriers, shippers, and receivers all have to understand the complexities cargo and liability insurance or risk bearing 100% of the responsibility for damages.