Global shipping lines are increasingly shying away from handling cargoes to Iran as restrictions on banking and insurance continue unabated, despite an interim agreement between Tehran and the West that called for limited sanctions relief.
Whereas business interruption insurance covers lost profits and continuing expenses as a result of physical damage to a policyholder's own facilities, contingent business interruption insurance covers such losses stemming from damage to the premises of a supplier or customer. Large companies typically have both types of insurance as part of their property insurance policies; smaller companies may not have the contingent business interruption extension.
DAT Solution's carrier-onboarding application, DAT Onboarding, has been integrated with Aljex Software, a vendor of operations software for brokers, carriers and third-party logistics providers.
Swisslog Healthcare Solutions, a provider of systems for hospital automation, has launched the Nexus System Control Software for TransLogic Pneumatic Tube Systems (PTS).
Ensuring driver safety is the biggest priority of fleet managers, according to a survey conducted at the 2014 NAFA Institute and Expo by GE Capital Fleet Services. With more than a third (35 percent) of fleet managers identifying it as their main concern, driver safety outpaced cost-savings goals and workforce productivity (27 percent and 22 percent, respectively) as the top concern for the second year in a row.
Sana International Inc., an export-management company, has joined with J. Canavati & Co., LLC, an agent for international logistics and trading firms, to develop new international markets for U.S. exports.
My previous post covered the difficulty of tracing and ensuring the quality of automotive and aerospace parts. The job is just as tough for consumer packaged goods and food producers.
