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The phrase “High-Value Freight” has a wide range of meanings. When it comes to industrial equipment, massive quantities of high-tech gadgets, or pharmaceuticals, for instance, the price of the commodities listed on the invoice might range from a few hundred to several million euros.
In addition to the cargo’s invoice value, the customs code and the amount of duties imposed at the border are also taken into consideration.
In any case, every shipper wants to make sure that his priceless cargo is delivered on schedule, in complete safety, and with the least amount of risk of loss and theft.
Transporting high-value cargo is sometimes seen as a high-risk yet high-reward type of haul. There are several safety measures to consider depending on the kind of high value freight you intend to export.
One should take extra precautions to ensure that the high value cargo reaches its destination in these trying times for shipping goods. The dangers involved in transporting valuable cargo vary depending on a number of variables.
There is no universal fix for the issue because not all high value loads are subject to the same risk.Because high value cargo typically entails substantial liability, shippers and carriers are taking a sizable financial risk.Damage or theft on the part of the carrier could result in extremely costly.
The dangers involved in transporting valuable cargo vary depending on a number of variables. There is no universal fix for the issue because not all high value loads are subject to the same risk.
Because high value cargo typically entails substantial liability, shippers and carriers are taking a sizable financial risk.Damage or theft on the part of the carrier could lead to exceptionally large claim settlements.
To prevent freight claims, they would want to make sure that loads are adequately protected against such threatsDespite the fact that some money can be recovered through freight claims, the shipper still runs the risk. When things cannot be supplied, there is no claim that can go back in time.
The Global High-Value Freight Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Unknown risks throughout North America and at the edge of the supply chain put the shipment in danger of being compromised.
Hub Group’s high-value freight program connects the supply chain with the most dependable carriers in the market, whether it’s delivering high-value items or require extra security for one’s goods.
Each carrier that joins the program is chosen by hand with an emphasis on rigorous compliance with its rules, proactive communication, and the capacity to do so.
The rest is handled by the sector-leading technology and meticulous process management, giving customers total, real-time end-to-end visibility and the confidence that what you need are being carried out as fully as possible.
Hub Group completely builds high-value freight solutions with bespoke service that includes armed protection, periodic trailer inspections, dynamic routing, and more.
