According to Transportation insurance conditions, whenever imported merchandise, on discharge, shows evidence or signs of tampering and average, the shipment consignee, importer or respective customs agent must immediately report the occurrence to the insurer prior to customs clearance and/or prior ...
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International Transportation insurance is the type of insurance used in foreign trade operations, but do you know what happens when you need to place insurance for goods to be transported to a country with embargo? We will explain this below.
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Cargo agents and customs agents can intermediate International Transportation insurance, however, they must contract a collective policy in their own name for the purpose. The policy must specify the agent as policyholder, and based on this policy the agents can operate for their clients. Below ...
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The FOB and CIF terms used in internal trade were inherited from Incoterms (International Commercial Terms) rules. The rules are laid down by the International Chamber of Commerce and are intended to contribute to the development of international trade and facilitate precise interpretation of the ...
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The Cargo insurance selection process cannot ignore the legal obligations inherent to the transport operation. However, the policy for this insurance can be much more robust and comprehensive, as the law merely stipulates the obligation to contract this insurance. Several factors should be ...
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The management of a logistics chain encompasses not only transportation activities, but also the management of risks of the main suppliers of production processes – the suppliers of suppliers, their internal processes, insurance policy, etc., albeit by force of contracts and procedures.
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In addition to the cost of the merchandise transported, cargo owners may also include expected profits, freight, taxes and other expenses in their insurance coverage.
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Deputy Clarissa Garotinho, from the PR/RJ, is the author of Bill number 3463/2015, which was submitted to the plenary on October 28th, 2015. The objective of the proposed bill is to alter law nº 11 442/ 2007, which governs road transportation of cargo, to prevent the possibility of third parties ...
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Domestic air cargo transportation services are for clients who require quick and safe delivery of merchandise within the whole Brazilian territory.
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One of the most important things for companies engaged in cargo transportation by road, air or sea, is the Carrier’s Cargo insurance. With it, more covers are available for voyages, but do you know what it exactly means?
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