The transportation and logistics sector has benefitted from the most important business trends of the past century. Globalization, the evolution of sophisticated just-in-time supply chains, and the rise of e-commerce have all contributed to the sector growing at a roughly comparable rate to that of the overall economy.
While cargo shipments are typically safe and secure, as with any unpredictable occurrence, things may go wrong during the transportation of goods. Insurance is designed to prevent cash flow disruptions whenever such events may arise.