Importance of Cargo Risk Management

Why Cargo Risk Management is Important

You probably practice some form of risk management on site that is relatively easy to control because you are monitoring processes and actions “first hand”. Once your goods are on the move, as cargo, the risk management process becomes more difficult for you to manage, yet remains vital for the success of your business. Your customers become involved and major contracts and projects may depend upon ensuring smooth running, loss-free deliveries.

A fundamental part of ACE’s Cargo Risk Management Program is to undertake a review of your cargo operations. This allows the identification of cargo risk elements specific to your operation, and further identification and agreement of positive viable actions which can be taken to reduce preventable losses and improve the marine and transit risk.

Our team of Master Mariners is available to work closely with you and your intermediaries on specific terms such as:

• Types of packing
• Methods of transport
• Cargo handline procedures
• Warehouse security
• Vehicle security
• Trade route risk assessment

We will use our worldwide network to provide information on the various stages of your cargo’s journey such as port conditions, handling, warehouse issues and transportation trends.

We can also help train your staff in aspects of:

• Loading
• Packing
• Claims handling
• Documentation

All members of our worldwide Cargo Risk Management team have varied maritime and transportation backgrounds and are professionally competent to fully assess cargo risks. We operate out of three regional locations and can provide support from over 50 ACE cargo specialists in the USA, Latin America, Europe and South East Asia.

ACE’s unique Cargo Risk Management Program is organized and established to help our clients manage their transportation risks, regardless of complexity or geographical location. Our team represents the cutting edge of ACE’s multi-disciplined Cargo Risk Management philosophy.