No Insurance with FEDEX as of 11/01


Just a heads up if it’s not known already, as of November 1st 2021 FedEx does not offer insurance on shipments. I was sending out a piece of gear today and was told that I would have to obtain 3rd party insurance if I wanted my shipment covered for lost/damage. 
Does anyone have recommendations on who to insure gear with?? 
128x128jl1ny
USPS insurance is a joke.  If you submit a claim, they basically require you to submit the item to them for review.  Then they wait weeks and weeks and weeks until you lose patience and just demand your damaged item back.  Others - let me know if you have experienced differently from USPS.
oldhvymec insurance company. Alternate insurance.

You give me money and your stuff might not break, if you DON'T give me money it WILL break.

What a deal..

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Thank you for your business.

We have a brief survey at the end of the process, IF you wouldn't mind filling that out.. A 5 star rating is preferred!! IF YOU GET OUR DRIFT..:-)

Regards
For my shipment the buyer took pictures of the damaged item on arrival showing all the manufacturer's internal packaging in several pieces and the damage done to the item. He shipped it back to me and I refunded him in full. Fortunately I had pictures of my own prior to shipment. I surmised that my package had not been secured properly in transit and had probably hit the internal bulkhead of the van when the driver experimented with his emergency br(e)aking procedure. Courier firms have a duty of care, so threatening court action usually does the trick - it did in my case !!
@rdk777

To answer the Bloomberg question:

Because UPS is owned by the managers who run the company, bonuses
are in Class A UPS shares.  Shares traded are Class B.  Price is the same, but there is a 10 to 1 difference in voting rights.

Regards,
barts

I talk to the UPS and Fedex guys at my family business on regular basis. UPS drivers union, Fedex not, anything other than Fedex express are contract employees. Many companies we deal with ship via Fedex contract worker services (called Fedex HOME for consumers), we have great amount of packages delivered via this service on nearly daily basis. These contract workers need to hustle to make any money, none last more than a few months. UPS guy much less harried, he even gabs with me from time to time, still, even he sometimes bitches about his working conditions. USPS around me a disaster, they churn workers as much as Fedex. And Amazon, those guys just like Fedex contract workers. DHL seems most stable to me, have some items waiting for right at the moment. We'll see how it goes.


Shipping, logistics a mess right now, just in time business model not looking so good right now. I don't know for sure, but we may be transitioning into demand world vs. supply world. Workforce participation rates in demand countries at all time low levels (exception of depression), baby boomers retiring with wealth to spend, younger generations both too small and particular about jobs to service us old fogies. And don't think this is going to change anytime soon, USA will be demand country for the forseeable future. We've not been supply country for some time, and it appears we are transitioning into short supply for service workers.