If you’ve ever stared at a trade contract and wondered exactly who is responsible for the cargo once it leaves the factory and who picks up the bill if something goes wrong at sea, you’re not alone. This is precisely why Incoterms explained clearly and simply can save businesses thousands of dollars, and prevent the…
Globalia Blog
Tag: cargo insurance
Cargo Insurance vs. Carrier Liability: Know the Difference
In the world of logistics and freight forwarding, understanding the nuances of cargo insurance and carrier liability is essential. As a freight forwarder, it’s your responsibility to ensure that your clients’ shipments are delivered safely and without incident. However, what happens when things go wrong? Who bears the financial burden when goods are damaged, lost,…

