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  2. Protection and indemnity insurance - Wikipedia

    en.wikipedia.org/wiki/Protection_and_indemnity...

    Protection and indemnity insurance, more commonly known as P&I insurance, is a form of mutual maritime insurance provided by a P&I club. [1] Whereas a marine insurance company provides "hull and machinery" cover for shipowners, and cargo cover for cargo owners, a P&I club provides cover for open-ended risks that traditional insurers are reluctant to insure.

  3. Freight claim - Wikipedia

    en.wikipedia.org/wiki/Freight_claim

    A freight claim or cargo claim is a legal demand by a shipper or consignee against a carrier in respect of damage to a shipment, or loss thereof. [ 1 ] [ 2 ] [ 3 ] Typically, the claimant will seek damages (financial compensation for loss), but other remedies include " specific performance ", where the cargo-owner seeks delivery of the goods as ...

  4. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.

  5. Trucking industry in the United States - Wikipedia

    en.wikipedia.org/wiki/Trucking_industry_in_the...

    Trucks in America are responsible for the majority of freight movement over land and are used in the manufacturing, transportation, and warehousing industries. [1] Driving large trucks and buses requires a commercial driver's license (CDL) to operate. Obtaining a CDL requires extra education and training dealing with the special knowledge ...

  6. Glossary of the American trucking industry - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_the_American...

    A truck with a bucket-like cargo area which the front can be raised, hinging on the rear, allowing the load to slide ("dump") out of the cargo area. Often a straight truck, semi-trailers are also common. Flatbeds and refuse container trucks can often "dump", but are rarely called that. [3] Eighteen-wheeler

  7. Freight broker - Wikipedia

    en.wikipedia.org/wiki/Freight_broker

    Co-brokering is a legal practice used to ensure there is an available truck to transport freight. A 4PL may use a 3PL broker to match loads with trucks, with a shippers knowledge. The primary broker will take a lesser amount of the fee and the secondary broker will book the load for transport receiving a larger share of the same fee. [7]

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  9. Commercial general liability insurance - Wikipedia

    en.wikipedia.org/wiki/Commercial_general...

    Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.

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