Tag: TT Club

Abandoned cargo is a continuous challenge for supply chain stakeholders, resulting in considerable costs within shipping.

TT Club highlights the importance of robust cyber security risk management and urges boards and management to carry out thorough assessments, including analysing the integrity of safety critical data.

Amid container supply imbalance leading to shortages, container operators should avoid cutting corners when it comes to structural integrity, cleanliness and cargo-worthiness of those that are loaded, international freight transport insurer TT Club warned. 

TT Club warns supply chain operators regarding the impact of disruption due to the recent blockage in the Suez Canal and emphasizes resilience.

Transport insurer TT Club and supply chain intelligence firm BSI issued their annual Cargo Theft report, highlighting significant new trends in risks both regionally and globally. Thefts of cargo in transit remained the highest proportion of total (71%). By modalities of theft, shipping accounted for less than 1% of global cargo thefts. 

TT Club, International freight transport and logistics insurer, warns cargo owners to be aware of the safety issues around the poorly packed containers and misdeclared goods, urging them to make good practice within the supply chain part of their ESG (environmental, social and governance) policies.

TT Club provides information on how to export and trade goods between the UK and the EU amid Brexit, as many are the changes that followed after Britain's exit.

TT Club focuses on the ongoing phenomenon of container loss at sea, which leads to casualties and marine pollution. Thus, the Club comments that "being aware of this multifaced threat, the container trade industry itself, in cooperation with government bodies and shipper associations, has continuously worked on addressing the problem."

TT Club highlights the vulnerability of quay cranes, other handling equipment and containers to major weather related incidents at marine terminals, commenting that it is a common phenomenon of cranes to be blown along the crane rails.

TT Club focuses on actions needed to reduce perishable cargo losses and refrigerated container failures and damage, as a recent analysis notes that the past three years  temperature controlled incidents ranked in third place.