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Freight Insurance vs Liability Insurance Explained

Freight Insurance vs Liability Insurance Explained

Freight Insurance vs Liability Insurance The two sound a lot alike to the uninformed ear, but they are very different, and we need to look at each individually to get a real feel for what is covered and by whom. Liability Insurance If you’re a carrier or a logistics person, you already know what liability insurance is. If not, prepare for a tutorial. Liability insurance is purchased by the carrier.  It covers, to a limited degree, the liability they face in the event of a successful cargo or...

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How to Fight a Freight Claim

How to Fight a Freight Claim

If you own a shipping or freight company, then you definitely know the financial impact freight claims can make on your business.  Keep reading to learn how to fight a freight claim. A freight claim is a breach of contract claim that the shipper or consignee can make against the transporter or carrier for damage, loss, or shortage. The legal concept is for the shipper to be “made whole” or to be put into the same place he/she would have been, had the shipment occurred as planned. Other...

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Are We Headed Towards a Recession?

Are We Headed Towards a Recession?

Are we headed towards a recession? That's a common question right now. The news...national, international, industry, financial....are all talking about the high odds of recession in 2023.  At the same time, talking with clients, I get the strong sense that recession is not on the horizon.  I hear about strong orders books from clients while reading news reports of order levels crashing.  I hear about improving supply lines from vendors while reading about the continuing supply chain crisis. ...

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End of 2022 Shipping Expectations

End of 2022 Shipping Expectations

As the year begins to wind down, here are my end of 2022 shipping expectations. These are predictions, so obviously things can change, but hopefully it gives you a good idea of what to expect: From here to the end of 2022 I expect: Truckload demand to continue to drop off resulting in better line-haul pricing on the spot market.  But, the looming diesel fuel shortage largely driven by fallout from the war in Ukraine may offset it. LTL demand to continue to moderate, although not as much as in...

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Customodal Team Equipped to Help with Unique Shipments

Customodal Team Equipped to Help with Unique Shipments

This past month, Customodal was proud to help with unique shipments: the first two shipments from a new account. Both of the shipments required a hot shot carrier with a flatbed trailer due to the size of the shipments. The first shipment was two self contained lighting towers about 12-foot long each and the second shipment was two 40-foot long, 6-inch diameter sections of pipe along with three other pallets. The two shipments were consigned to National Strategic Oil Reserve locations in...

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Don’t Panic About Your Shipping Needs

Don’t Panic About Your Shipping Needs

As we start the final quarter of 2022 there is so much going on in our world! Fuel/Energy market disruption due to the Russian invasion of Ukraine, Inflation and stock market upheaval as the Federal Reserve de-leverages, mid-term elections, potential strikes by railroad unions or port workers...I could keep going. The big picture is important, but there are two things that bring us together: The everyday movement of shipments inbound to feed your production Outbound to meet your unique...

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