An insurance term referring to any defect or other characteristic of a product that could result in damage to the product without external cause (for example, instability in a chemical that could cause it to explode spontaneously). Insurance policies may exclude loss caused by inherent vice.
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Latest Freight News Freight News Archive
UK beef exports to US start again
British beef exports to the USA have begun again after a 20 year break. It was banned after the BSE outbreak in 1996, when cattle were infected by 'Mad Cow Disease'. Some beef from the UK was cleared for export ...Read More
Improved standards give protection for British seed potato exports
The Safe Haven certification scheme has been reviewed and updated to cover areas such as closer monitoring of water use and crop storage. Safe Haven protects against any pest or disease that can be imported or introduced by seed. The ...Read More
Tags: exports
Air cargo facing huge post-Golden Week demand: forwarders
All air freight cargo capacity from Asia will probably be absorbed by the autumn release of new mobile phone and playstation models. More than half the available airfreight capacity was removed by the cancellation of passenger flights in the spring. ...Read More
Tags: air freight, China, freight, rail freight, shipping
Port industrial action has consequences
Industrial action at four Australian ports is causing disruption to Australia’s international supply chains. Businesses in Australia rely on two modes of transport: Sea Freight and Air Freight. Air Freight has been reduced due to closing of borders, so there ...Read More
