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The article "Freight Risk Management: How to Manage Risk and Reduce Financial Losses in Freight Shipping" by MachShip highlights the significant financial impact of cargo loss, exceeding $50 billion annually, and outlines strategies to mitigate risks in freight transport. It identifies common risks such as misrouting, environmental damage, political instability, and cybersecurity breaches, and emphasizes the importance of a proactive freight risk management strategy.
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