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Transcribed

Lost in Transit

LOST INTRANST PRODUCTS, PACKAGES AND MATERIALS ARE SHIPPED BY LAND, SEA & AIR EVERY HOUR OF EVERY DAY. BUT HOW MUCH OF THAT CARGO NEVER MAKES IT TO THE DESTINATION? LET'S TAKE A CLOSER LOOK AT THE DAMAGES, DISASTERS, PLUNDERING AND PIRATING THAT OCCURS WHEN LOADS ARE SHIPPED BACK AND FORTH ACROS THE WORLD. THERE IS AN ESTIMATED 5.5 MILLION SHIPPING CONTAINERS ON CARGO SHIPS SAILING ACROSS THE WORLD'S OCEANS. IN ORDER TO SAVE A SHIP IN DANGER OF SINKING DURING A STORM, SOME OF THE CARGO MAY HAVE TO BE THROWN OVERBOARD. THE SHIP OWNER AND THE OWNERS OF THE SAVED CARGO OBVIOUSLY BENEFIT AT THE EXPENSE OF THE OWNERS OF THE JETTISONED CARGO. A SHIPPING CONTAINER FILLED WITH RUBBER DUCKIES WAS LOST AT SEA IN 1992, AND THE BATH TOYS ARE STILL WASHING ASHORE TODAY. THE INTERNATIONAL ORGANIZATION FOR STANDARDIZATION NOTES THAT 10,000 CONTAINERS ARE DAMAGED DURING SEA TRANSPORT EACH YEAR. 3,000 -4,000 ARE LOST OVERBOARD ANNUALLY. How does a marine cargo insurance company spend its time? 67% 255 14%5 11% OF THEIR TIME IS USED FOR HANDLING CONTAINER CARGO CLAIMS OF THE REPORTED CLAIMS ARE PHYSICAL OF THE CLAIMS ARE TEMPERATURE RELATED OF TOTAL CONTAINERS ARE LOST OVERBOARD OF THE CONTAINERS ARE CLAIMED STOLEN 8$ ARE CLAIMED AS A SHORTAGE UPON DELIVERY PIRATING & THEFT IN 2011, THE HIGHEST AVERAGE VALUE PER THEFT WAS OVER $1,000,000 IN LOST CARGO THAT CARRIED ELECTRONICS U.S. Average Value Per Theft Of Top Cargo Goods Stolen in 2012 JEWELRY I ACCESSORIES CLOTHING $425,000 ELECTRONICS METALS $382,732 $168,784 TOBACCO PHARMACEUTICALS $382,500 $168,219 COSMETICS AUTO PARTS $273,077 : O $104,552 IN 2012, THERE WAS A TOTAL LOSS OF OVER $153700,000 WORTH OF GOODS STOLEN WITHIN SHIPPING ROUTES THROUGHOUT THE UNITED STATES DAMAGE CLAIMS MOST TRUCKING COMPANIES ONLY PAY 255-33% OF YOUR FRIEGHT'S DAMAGE CLAIMS ChPPRPPPISPPP YOU PAY 66-755 OF THE DAMAGE CLAIM PROTECT YOURSELF WITH: TJOCARGO INSURANCE DONE RIGHT EMAIL: INFO@TJOCARGO.COM WEBSITE: WWW.TJOCARGO.COM BROUGHT TO YOU BY: TJĂ“CARGO DEVELOPED BY: Mainstreethost SOURCES: WORLD SHIPPING COUNCIL TJO CARGO FREIGHT101.COM FREIGHTWATCH THE INDEPENDENT

Lost in Transit

shared by mainstreethost on Jan 22
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Products, packages, and materials are shipped by land, sea, and air every hour of every day. But how much of that cargo never makes it to the destination? Let's take a closer look at the damages, disa...

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Transportation
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