What Is Contingent Cargo Insurance?
This coverage is a newer offering in the insurance world, relatively speaking, and has been evolving since its first introduction in the 1980s. What hasn’t changed about contingent cargo is it’s unregulated—there’s no standard form and policies can vary by provider. Because of this lack of standardization, it’s important to read the fine print and... […]
Get To Know William Worthington
Falvey Shippers’ comprehensive coverage, turnkey integration capabilities, and claims handling and processing speed are unparalleled in the industry. Behind the top-notch technology and products is an incredibly talented team, dedicated to meeting the needs of our clients. […]
How Logistics Providers Can Navigate Rapid Change: 3PL Technovations Conference Recap
To stay competitive in an industry with rapid technology changes, freight brokers and third-party logistics firms will need to adapt to survive. This topic was the theme of the inaugural 3PL Technovations conference, hosted by TIA in Tucson, AZ on November 6-7. The Falvey Shippers team joined 200 attendees to discuss approaches and philosophies on... […]
The Story Of Falvey Shippers' Partnership With Lloyd's Of London
The relationship between Mike Falvey, president and CEO of Falvey Insurance Group, and Lloyd’s of London began in 1984 when Mike was working as an underwriter for Donald J. Rojas, Inc. Mike founded Falvey Cargo Underwriting in 1995 and on August 17 of that year, Lloyd’s Syndicate 2 and a panel of other syndicates agreed to give Falvey “the pen” to... […]
Shipper's Interest Insurance Benefits For 3PLs
Shipper’s Interest Insurance provides cargo owners with door-to-door coverage of goods against all risks of physical loss or damage. The shipper is protected from financial loss, transferring the risk to the insurance company, without having to prove negligence. Shipper’s Interest Insurance is an excellent risk management solution for shippers, however,... […]
4 Peak Shipping Season Trends
From August to December, customer sales explode and peak season hits the transportation industry. Primarily driven by the holidays, with back to school shopping also playing a part, shipping volumes are so high that trucks flood the roadways to fulfill the demand. Being so busy is a good thing, but this do-or-die time of year adds a lot of pressure to... […]
Are Trucks Vulnerable to Hackers?
In June 2017, Maersk and Merck—two giants in their respective industries—were brought low by the NotPetya cyberattack. This was one of the biggest disruptions of global shipping in history, hobbling Maersk’s worldwide fleet-management systems to the tune of a $300 million loss in profits. […]
Why Is There A Truck Capacity Shortage?
In the wake of new electronic logging device (ELD) mandates, resulting rate increases and, consequently, fewer players able to compete in an ever-shifting market, North American shippers have been hearing for months that a truck capacity shortage would hit. And it has, leaving the industry looking for answers. […]
Falvey Shippers Summer Meetings 2018
The Falvey Shippers team met last week at our headquarters in North Kingstown, RI for our annual Summer Meetings. Each day was full of dialogue and sessions that reflected on the year to date, and planned for the future. Here’s a quick recap: […]