Can Cargo Carriers Limit Liability In Theft/Hijackings?
January 26, 2011, 2:42 PM EST
Law360, New York (January 26, 2011, 2:42 PM EST) -- Since the economic downturn in 2008, there has been a significant increase in U.S. cargo thefts, a problem so severe that the U.S. Food and Drug Administration recently set-up a hotline through its Office of Criminal Investigations to track cargo thefts to immediately recover stolen items and preserve the integrity of pharmaceuticals for the general public.
With cargo theft incidents likely to continue to swell, sophisticated cargo carriers and freight forwarders routinely offer additional risk management services to their shipper customers, from GPS tracking to, more...
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