Logistics Insurance: Crucial Tool for Smooth Operation of Supply Chains
13 Aug 2025Logistics insurance, or transport insurance, is meant to offer financial support to businesses against the loss, damage, and theft of goods, machinery, raw materials, and other products while transportation, handling, or storing in the supply chain. This insurance is important to safeguard businesses and prevent potential losses resulting from unpredicted events such as natural disasters, thefts, and piracy, thus allowing efficient and smooth operation of logistics professionals and stakeholders.
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