6 Ocean Cargo Risks That Can Disrupt Supply Chains
1 minutes
Know the Risks
The annual global financial impact from cargo loss is $50 billion, proving that sometimes bad things can happen to good cargo.* Businesses with international shipments should know the risks to prevent costly supply chain disruptions. Some of these risks include:
- Costly delays resulting from non-compliance of in-country/foreign insurance requirements
- Getting fair and timely foreign claims settlements
- Susceptibilities to cargo theft
- Third party obtained insurance coverage that does not fit your unique needs
Understanding the risks that could threaten a supply chain is critical for a business that ships internationally.
6 Ocean Cargo Risks That Can Disrupt Supply Chains
Download the full Risk List infographic:
*UPS Capital
