Get the latest information from NTI about COVID-19

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Protect your cargo: What to do when a carrier defaults

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The COVID-19 pandemic has impacted trade and shipping and remains a severe threat to many business activities.

From home isolation and forced business shutdowns to border closures and travel restrictions, the pandemic’s impacts are wide-ranging.

And although some trade types – such as food staples and medical equipment – may maintain demand with limited interruption, the overall trend is clear: we can expect large-scale reductions in trade and cargo movements, which will ultimately affect the transport sector’s financial viability.