Warranty Solutions Group Ltd’s Post

During the past month of February, the trucking industry faced shifting challenges, with spot rates declining, fuel and insurance costs rising, and supply-demand imbalances persisting. Despite this, however, owner operators and small fleet owners are both navigating these turbulent waters with cautious optimism. #Trucking #Transportation #TruckingIndustry #B2B #SimplexGroup

Looking for some help with insurance... We're currently looking for a new Goods in Transit policy, and we are being given mixed stories when it comes to GiT and Trade policies... Some insurers are saying there is no such thing as GiT for moving cars now it all comes under Trade policy, others are saying they can't go above £40,000? We have transported commercial vehicles at a higher value than £40k! Any mentions, messages and comments are appreciated. #cartransport #goodsintransit #tradeinsurance #tradepolicy #insurers #insurancebusiness #vehicletransport #prestigecartransport #lookingfor #motortradepolicy #motortrade

Do you run a 3PL or do you run a service that works with 3PLs? U-PIC Shipping Insurance has a unique program that gives 3PLs the ability to offer their customers parcel shipping insurance at rates that are at least 50% less than that of carrier declared value coverage, while driving more value on every insured package that leaves their facilities. This gives their 3PL another value add over the competition. Inbox me for more information and set up a Zoom with Matthew and I to discuss! #shippinginsurance #3PL #partnership #revshare #shipping #logistics #ecommerce 4

Throughout the month of May, the trucking industry saw numerous positive shifts. While stubbornly high insurance costs continue to be a cause for concern, Spot Rates have risen, Fuel Prices have dropped and the Demand outlook has begun improve, painting a less stressful picture for owner operators and small fleet owners alike. #Trucking #Transportation #TruckingIndustry #B2B #SimplexGroup

The U.S. MGA market exceeded $80 Bn in premium in 2023, growing by 13%. The MGA premiums written by U.S. insurers accounted for approximately 9% of total P&C direct premiums of $959 Bn... If you'd like to learn more about the MGA market, please contact us at ReSource Pro. We recently published two reports on MGA market trends and core system purchasing trends, and we have upcoming research that will provide a comprehensive view of the sector's maturity, operational dynamics, technology stack, and more. Oh, by the way, by MGA I mean an #insurance "Managing General Agent", not one of these classic British sports cars ;-) :

Unlock the pathway to triumph in the auto transport realm! 🚗💼 Beyond the maze of compliance, the real magic lies in cultivating deep-rooted relationships with carriers, clients, and technology collaborators. Discover the power of partnerships in spearheading a successful brokerage venture. Read more here: https://bit.ly/3T9gfLX #AutoTransport #Relationships #GrowthStrategy

Today's technology advancements create an abundance of choices for your business. Leaning in to understand where value can be uncovered within your business may seem daunting with so many choices. A good place to start is aligning the partners you choose, whether carriers, customers, technology partners and vendors, with your own company values. If your company puts a lot of focus on customer experience, align your business with a partner that leans into that company value. Hopefully this tip helps. Check out our latest article from Kacie LaCombe.

If you estimate the weight of your goods before shipping, will it make any difference?🤔 The answer is YES. HGVs have strict weight limits, so if a pallet is heavier than stated, it can affect collection due to safety restrictions and result in delays. So, always provide accurate weight information - it saves time and money for everyone! If you need any advice, just get in touch. #WCL #FreightForwarding #Delivery #Logistics #Insurance #AirFreight #RoadFreight #ShippingFreight

It is amazing that in 2024, we still don't have a public load board that has the following: -only METICULOUSLY vetted carriers, brokers, and shippers with all the contracts accessible for users (including insurance, bond, unit VINs#, accessorial charges, ELD, drivers' biometric info, etc) -only "real" loads and trucks, with unique load and truck numbers (charge it per posting) -transparent pickup, delivery times, weight/commodity, shipper/receiver names, loading/unloading charges and protocols in place -truck/trailer/driver detailed info, including available hours of service (linked to ELD provider) and endorsements -with all this info available, you can easily set up payment/factoring or claim handling within the system -bidding/pricing system that is transparent, bounding, and enforceable And this is just the beginning... All this is technically possible but current load boards are not even close to it no matter what they advertise. Why? Do legit Carriers/brokers/shippers have no interest in it? How much more efficient spot market could be? Who is benefiting from the chaos and Wild West environment in transportation? #transportation #logistics #freightmarket

🚨 UPS Rate Update Alert for 2025! 🚨 Heads-up, shippers! UPS just released key updates to their 2025 Daily Rates that could impact your shipping costs. Here's what you need to know: 📅 Effective October 21, 2024: ZIP codes for Area Surcharges and Zones are changing. New rules for Additional Handling charges, with a minimum billable weight of 40 lbs for certain packages. 📅 December 23, 2024: Daily Rates for UPS Ground, Air, and International services will increase by an average of 5.9%. 📅 January 27, 2025: New calculations for the Large Package Surcharge and Additional Handling Charge (moving to cubic volume!). 💳 Also, a heads-up: invoices paid via credit card starting October 26, 2024, will include a 2% surcharge. These changes can definitely add up! If you're feeling the pinch, now is the perfect time to revisit your shipping strategy. With U-PIC Shipping Insurance, you can cut insurance costs and protect your packages. 🚚💼 Let’s chat! I’m here to help. 😊 #Shipping #Logistics #UPIC #Ecommerce #SupplyChain #ShippingInsurance