Economy
Stop Watching Oil. Start Planning for Volatility.
Prepare for supply chain volatility as fuel prices fluctuate.
The 2:00 Minute Warning
Learn about changes to the Bill of Landing introduced by the NMFTA and how they could impact liability for shippers.
A few weeks ago, the National Motor Freight Traffic Association made changes to the language on the back of Bills of Lading. The changes affect who is liable when freight is damaged and alter the burden of proof, amongst other things. While industry groups such as NASSTRAC, TLC, TIA and NIT League have opposed these changes and have filed petitions with the STB to address this matter, for now these changes are in effect.
Watch this week’s video to hear more about how these changes could impact you.
Then take a look at a summary we have of the language changes that you will see on a carrier's Bills of Lading.
With all the changes that happen in the logistics industry, it can be helpful to have a second set of eyes. That’s why we encourage you to contact us for a supply chain risk analysis. Based on this analysis, you will have a better understanding of potential risks your company may face and stay one step ahead.
We're on your team, we're here to help, and we’re passionate about seeing you be successful. If you have any questions, give us a call at 630-833-0890 or send us an email.