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 eases citrus imports from outside EU
Now that the UK has left the EU single market and customs union, the government has deregulated commodities like citrus fruit and leaf imports. The UK is a major export market for South Africa’s citrus sector, reportedly taking 9.5% of ...Read More
Freight ship sinks off Turkey’s Black Sea coast
A freight ship sunk on Sunday off the coast of Turkey’s Black Sea province of Bartin, killing at least three crew members. It was said that the vessel was a Russian dry freight vessel but this information was later corrected. ...Read More
Fresh raspberries from Poland are fastest growing export
Fresh raspberries and blackberries from Poland showed the largest increase in revenue for fruit exports in the first nine months of 2020. The berry exports increased by 42% from 2019. The increase was mainly driven by the rise in export ...Read More
Tags: exports
China-Europe railfreight services expand
A new rail freight service from Jinhua to Dourges, in France has been initiated. Freight forwarders are warning of congestion on overland freight routes, as rail freight becomes more popular. The first train on the new route left Jinhua on ...Read More
Tags: China, freight, rail freight
