June 30, 2020
Expanding your business opportunities is a keystone to business strength and independence. One of the surefire ways to increase your revenues from shippers is Shipper’s Interest. A small investment in Shipper’s Interest and other carefully selected transportation insurance products can help grow your business. Some things to think about as you map out a plan that will take you through the current disruption include: Shipper’s Interest, which can be an effective way to cover high-value cargo, protect key shipper relationships and provide insurance at the time it is needed without facing costs in advance; Contingent Cargo means “peace of mind” and it is frequently required under many shipper agreements; Auto, General, and Umbrella/Excess Liability may also arise in the insurance requirements of certain shippers. Shipper Insurance Requirements When a shipper provides you with their insurance requirements, be aware of three additional coverage requirements. Often called endorsements, these coverage requirements need […]
April 30, 2020
Cyber breaches happen when secure, private, and confidential information on your electronic devices is accessed by third parties and released in a way that can set you and your business back in unintended ways. Is My Computer at Risk for Fraud? You may believe your computer system is secure, but the fraudulent actions and targeted attacks upon computer systems – business and personal – only continues to increase. Often, unsuspecting people fall victim to a ploy that can put these systems and data into the hands of cyber thieves. Adopting an Everyday Cyber Security Mindset Cyber security should become part of your work culture, whether most of your systems are accessed at the office or – as in these challenging times – at home. Recurring training and constant self-assessment of you and your employees is an effective way to combat this problem. NXTsoft Cyber Education and Phising One of the […]
April 30, 2020
March 31, 2020
When the going gets tough, the tough get going. And there’s no question that the going is tough as Americans in all sectors and from all walks of life join together in the national and global fight against COVID-19. Network of Critical Shipments Despite the extreme adversity, today is an opportune time to be part of the network of critical shipments that are needed in our nation. This may mean you are suddenly facing new shippers, possibly higher cargo limits, commodities that are not common to you, and possibly a growing number of new motor carriers to deliver for you. Shipper’s Interest Cargo In the midst of all of this, we suggest that Shipper’s Interest cargo can help you with some peace of mind. Since the coverage limit is determined per load, you don’t have concerns of the trucker having adequate limits and acceptable deductibles. Shippers Interest is a quality […]
March 31, 2020
Many businesses are struggling to maintain regular business operations as their normal cash flow has been significantly impacted by current conditions. Not only is it important to keep yourself and your loved ones healthy, but your business as well. We have some suggestions to help you bridge this challenging set of circumstances. Perhaps factoring could be a solution to consider or even a small business loan to help navigate these uncharted waters. Small Business Loans The United States federal government is stepping in to help small business owners with small business loans. Your business could qualify, especially given the importance of maintaining the supply chain for our economy. For information on the most updated small business loan information. This current crisis is affecting many businesses in most sectors. Very few are being spared in the way of adversity caused by shutdowns and slowdowns. Even the biggest of transportation companies can […]
March 31, 2020
According to SensiGuard, these times merit special measures for Freight Brokers, Freight Forwarders, Motor Carriers and others in the transportation industry: In-demand items (sanitizers, soaps, facemasks, pantry staples) should receive increased security protocols. These items will be targeted more aggressively during the pandemic. Allow additional time to search for parking. Do not leave cargo unattended, even for a brief period. Instruct drivers to inspect trailers and seals prior to initiating route and at all stops, to ensure curtains/doors have not been penetrated. Confirm receiver availability and hours of operation as they may have changed. Be prepared for notification mid-route that a receiving facility will be closed and be prepared to locate alternate destinations. If your organization has not done so already, conduct desktop assessments of your warehousing options and your provider’s security levels at any alternate sites. Example: Have your Logistics Service Providers (LSPs), provide feedback to you now on […]