Freight Statistics and the Importance of Freight Insurance

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According to the Bureau of Transportation Statistics which is update every 5 years, the movement of freight in the domestic and international trade during 2013 was 55 million tons of freight daily. And as the demand of freight transportation grows so does the concern for safety. Freight Insurance is an integral part of freight transportation.

Large trucks during 1990 to 2013 accounted for almost all freight transportation fatalities by 95.8%, and the majority of related highway fatalities involved passenger vehicles. Most hazardous material are transported by truck, and if there is an accident the damage is huge. About 2% of incidents in 2014 were accident related which composed 80.9% of all property damage.

This is just in trucking transportation so imagine the amount of damages and risks that take place during air transportation or ocean. Ramon USA (Ramon Inc.) offers the best coverages for your cargo during transit that will give you piece of mind. With the best rates and quality, we work with the best claim adjusters in the world with over 55 years of experience. Your claim is processed in just 7 days with 24-7 updates.

Written by Iris Arden (Ramon Inc.)

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