by Promptus LLC | Jun 1, 2026 | Freight Forwarding, Video
The cargo insurance market hit $69.84 billion in 2024 and is projected to increase to $101.43 billion by 2032. That’s not just market growth. It’s a direct reflection of how much money businesses lose in transit every year. If your company ships goods...
by Marli Espinales | May 1, 2026 | Freight Forwarding, Ocean Shipping
The Jones Act, formally known as the Merchant Marine Act of 1920, has long played a critical role in shaping the U.S. shipping industry and the broader national economy. According to U.S. Customs and Border Protection (CBP), the coastwise laws governing the...
by Marli Espinales | Apr 1, 2026 | Freight Forwarding, Global Logistics Solutions
What Exactly Is Drayage? Drayage is the short-distance transportation of freight—typically the movement of ocean containers between a port or rail terminal and a nearby warehouse, distribution center, or transloading facility. In practice, the industry generally...
by Promptus LLC | Aug 1, 2025 | Freight Forwarding, Ocean Shipping
In the world of international trade, documentation is everything. One of the most critical documents in any maritime shipment is the Bill of Lading (BL). It serves as a receipt of goods, evidence of the contract of carriage, and most importantly, a document of title....
by Promptus LLC | Jun 1, 2025 | Freight Forwarding, Ocean Shipping
As defined by the Federal Maritime Commission (FMC), a Non-Vessel-Operating Common Carrier (NVOCC) is “a common carrier that holds itself out to the public to provide ocean transportation, issues its house bill of lading or equivalent document, and does not operate...
by Promptus LLC | Dec 1, 2024 | Freight Forwarding
In the world of international trade packing is one of the most critical steps to ensure cargo reaches its destination safely and without damage. Proper packing protects goods during transit and helps businesses avoid costly delays, fines, or losses. In this blog,...
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