Transport and Logistics News

COVID Vaccine Rollout Spurs Demand for Extra Insurance Coverage

LONDON – Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a jump in cargo insurance rates and spur demand for new areas of coverage, leaving underwriters on high alert. Pharmaceutical companies …

Is the Aviation Insurance Market Ready for a COVID-19 Vaccine?

As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need to turn its attention to how the product can be safely and efficiently distributed. Recent figures from the International Air …

Uber’s Plans for Trucking Industry Hit Detours

Uber Technologies Inc.’s drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what exactly the company can bring to the sprawling $700-billion industry. The San Francisco ride-services …

How Uber Plans to Transform the Long-Haul Trucking Business

With its recent acquisition of self-driving truck startup Otto, Uber Technologies Inc. is plotting its entry into the long-haul trucking business, aiming to establish itself as a freight hauler and a technology partner for the industry. Otto plans to expand …

XL Catlin Launches Logistics Services Insurance to Address Supply Chain Risks

To help U.S. businesses manage the risks of storing, handling and transporting goods from here to there, XL Catlin has introduced a new logistics services insurance policy. XL Catlin’s Logistics Services Coverage Solutions provides a logistics company with tailored inland …

Amazon Plan Would Expand Its Uber-Like Delivery Service

Amazon.com Inc is quietly inviting drivers for its new “on-demand” delivery service to handle its standard packages, as the online retailer known for low prices and razor-thin profit margins looks to speed up delivery times and tamp down its growing …

TT Club Sees Latin American Trade Growth Creating Infrastructure Challenges

Speaking at the recent TOC Americas Conference in Miami, TT Club’s Senior Underwriter, Dan Negron, outlined his views on future Latin American trade growth and the pressures that this will create on the region’s transport infrastructure. TT Club’s bulletin noted …