KTLUK

  3 tips for finding the right goods in transit insurance  We have written in the past here at KTL about goods in transit insurance – otherwise known as “GIT insurance” – and the importance it has for protecting shipments that are on the move.  Although it isn’t legally mandatory to arrange goods in transit insurance if you need to have certain items transported from one place to another, there are certain circumstances in which the protection this cover provides is likely to be especially crucial. Many businesses that offer the delivery of products to customers, for example, routinely invest in GIT insurance.  With all that in mind, if you have decided to purchase goods in transit insurance for your shipments, here are some ways to narrow down your options for such a policy.  Check that the policy covers the goods you will be transporting  It might seem overly obvious to state, but it can be easy to miss details in the terms and conditio...

  How does a 3PL broker differ from a freight brokerage?  The processes involved in moving goods across international borders can become extremely complex, very quickly. This makes it unsurprising that all manner of companies needing to execute such operations turn to a freight broker or a third-party logistics (3PL) broker to coordinate it all.  However, it might not be entirely clear to you what the difference is between a 3PL brokerage and a freight brokerage. Below, then, we have set out why the two terms are not entirely synonymous, and what the implications of this may be for your organisation.  ‘3PL brokerage’ is a broader term than ‘freight brokerage’  As we referenced above, a 3PL company is a third-party logistics company. It is a type of service provider, then, that either arranges or handles a range of supply-chain functions for a business. Such functions may encompass not only shipper services, but also the likes of brokering, supply chain...

  The advantages and disadvantages of Breakbulk cargo  You might have heard of or seen the term “Breakbulk”, or “break bulk”, being used by freight forwarders and other individuals and companies in the shipping industry.  But what exactly is meant by “Breakbulk”? Furthermore, could it help your organisation optimise its port and harbour freight logistics to give the recipients of your goods a better experience?  A quick introduction to Breakbulk shipping  The term “Breakbulk” refers to a system for moving goods from one location to another, whereby the goods are transported in pieces separately, instead of being shipped in a container.  This transportation method is typically used for items that are unusually large, or that otherwise cannot easily fit in standard-size shipping containers. Examples of goods that are frequently transported using the “Breakbulk” method include steel girders, reels and rolls, manufacturing equipment, construction e...