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Cargo theft continues to rise, costing the supply chain billions annually. In this blog, we analyze the causes of cargo theft, why it's on the rise and how your business can prevent it with the help of a proactive 3PL provider! What is cargo theft and why should shippers like you be vigilant? The good news?
Descartes Named Top Provider of Cloud-based TMS Solutions and Top Fleet Management Provider in ARC Advisory Group’s Transportation Management Systems Global Report LONDON, U.K. Descartes was also named as one of the top firms in the planning and execution segment of the TMS market.
If your business ships freight , you never want to hear the words "cargo" and "theft" in the same sentence. Cargo theft is a hot topic and major concern in the logistics industry and has been on the rise in recent years. In fact, more than $150 million worth of shipments were stolen in the first quarter of 2024 alone.
Freight and cargo tariffs are essential components of international trade, especially in a global hub like Dubai. What Are Freight and Cargo Tariffs? Freight and cargo tariffs refer to the charges levied on goods that are transported via various modes of shipping.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
With freight transport accounting for a significant share of global emissions, efforts to improve logistics now extend beyond operational metrics to include resilience, regulatory compliance, and climate performance. Common inefficiencies include empty return trips, poorly optimized delivery routes, and underutilized cargo space.
But in the context of the Shippers Council, the shipper is the cargo owner (or BCO beneficial cargo owner), usually a manufacturer, who contracts with a logistics service provider (LSP), which, in the Councils definition, can be a transportation (land, sea, air) company, an express company, a forwarder, or a full-fledged 3PL.
Analyzing loss activity over the past year, the report found that cargo theft is increasing – in frequency, scope, and sophistication. In Europe, Middle East and Africa (EMEA), an average of €1.2mn of goods are stolen from supply chains every 24 hours, according to data from the Transported Asset Protection Association (TAPA).
Scott Cornell, Vice President of Transportation at Travelers Insurance , sat down with FreightWaves’ Timothy Dooner on the May 19 th episode of What the Truck?!? to discuss the evolving landscape of cargo theft that continues to plague the freight industry. One of the most notable developments is how cargo theft has gone international.
For the past few years, the air cargo market has greatly benefited from international e-commerce. According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. Rethinking supply chains is a reader-supported publication.
Ratchet straps are a brilliant choice when you’re looking to secure your cargo while on the move. These handy tools offer a safe way to keep your loads in place, preventing any shifting or damage during transportation. This combination ensures a firm grip on your transported goods. The Minimum Load for Trucking!
Among the various parties involved, a cargo loader holds a significant role. According to a study conducted by the Federal Motor Carrier Safety Administration (FMCSA), cargo-related factors contribute to a significant number of truck accidents each year. In that case, they may be held liable for damages resulting from the accident.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
Miguel Angel Martinez, president of Mexico’s National Chamber of Freight Transport (Canacar), said some transporters are close to bankruptcy due to an operational crisis at Manzanillo’s customs department. The port handles about 4,000 truck movements daily and processed nearly 4 million twenty-foot equivalent units in 2024.
As my colleague Colin Masson pointed out – Colin is ARC Advisory Groups expert on industrial use cases for AI – at ARCs Industry Leadership Forum in 2024, end users were largely observers who were eager to learn about things like Gen AI, agents, and industrial use cases for using AI. We are descending the AI hype curve.
At a press conference following Samsara’s keynote, industry leaders from Nutrien Ag Solutions, Univar Solutions and Sysco discussed how Samsara’s AI-powered platform has transformed their transportation operations. Mex-Cal Truckline’s operations also highlight the complexities of cross-border logistics with cargo security.
in recent months “This has led to a surge in need for cross-border freight forwarding, customs brokerage, and multimodal transport solutions,” Donohoe said. They are representative of maritime shipping container demand and a leading indicator of surface transportation demand. While DP World does not operate any U.S. trade corridor.”
of total sales in 2024 compared to 15.3% However, transportation and logistics costs can be prohibitive. As such, many SMBs turn to online platforms to sell products and for transportation and logistics assistance. International cross-border e-commerce is typically transported by air cargo.
The Birth of Containerization The concept of containerization dates back to the late 19th century, with early experiments in using standardized containers for transportation. A trucking entrepreneur, Malcolm McLean recognized the inefficiencies of traditional cargo handling methods and saw an opportunity for innovation.
Year-to-date, intermodal volume is up 5% compared to the same stretch in 2024; coal is up 6%, and grains are also up 6%. Union Pacific is moving the most coal: 2025’s week 28 number was up 38% over the same week in 2024, but year-to-date, UP has moved 18% more coal carloads than the same period last year. This year, the Western U.S.
Postal Service (USPS) transitioned its primary air cargo contract from FedEx to UPS effective September 30, 2024. The Postal Service expects this new agreement will help achieve its operational and financial sustainability goals by consolidating volumes and reducing overall transportation costs.
While multi-industry logistics, transportation and customer fulfilment teams might have languished with a sigh of relief, they are likely to be aware that this new contract is not a done deal yet. Yet, there is still a reported lag times related to movement of containers to intermodal inland rail or surface trucking transportation.
These ubiquitous metal boxes come in a variety of shapes and sizes, each tailored to specific needs and cargo requirements. From standard dry containers to specialized refrigerated units, understanding the diverse types of shipping containers is essential for optimizing logistics operations and ensuring the safe transport of goods.
Two recently published studies identify the top disruptions that impacted industry, business and global supply chains during 2024 and our expected to be present in 2025. Resilinc Study Supply chain risk management technology provider Resilinc released this week this providers findings of the top drivers of supply chain disruptions for 2024.
The company maintains a robust DNU (Do Not Use) list enforcement across all subsystems, with over 400 carriers added in Q4 2024 due to confirmed fraud activity. Crowley’s fraud prevention strategy has yielded impressive results, including a 97% reduction in unvetted carrier usage since SOP enforcement in Q3–Q4 2024.
billion as of 2024. Cold storage continues to dominate the market, making up 56% of total cold chain activity in the region as of 2024. Saudi Arabia is leading the regional cold chain market, accounting for 36% of the market in 2024. Based on their findings, the cold chain market is expected to reach $41.1 for 2025-2030.
” 3000+ That is the number of new cars that we being transported on the Morning Midas, a cargo ship headed to Mexico and which sank in the North Pacific on Monday, nearly three weeks after a fiery blaze broke out on board. in May versus the same period in 2024, as the freight recession continues on.
According to our 2024 report, Generative AI in the B2B Marketplace , 81% of B2B businesses are already investing in AI, with 79% anticipating increasing their AI budgets within the next year. Yet these same companies have the same anxieties about investing. Timely, incisive articles delivered directly to your inbox.
With global cargo theft losses exceeding $80 billion in 2023 and the average cost of a successful fictitious pickup surging to $365,000 per incident in Q1 2024, the industry has been desperately seeking more effective solutions. What truly sets FraudWatch apart is its two-step verification process. In fact, 14% of all U.S.
Ocean shipping giant CMA CGM, which acquired Ceva Logistics in 2019 and bought Bolloré Logistics in February 2024 for $5.2 ocean, air cargo and warehousing operations. CMA CGM also launched its own all-cargo airline three years ago. Ceva Logistics is now the fifth largest global logistics service provider by gross revenue.
Here are some common risks that can disrupt supply chains: Natural Disasters: Events such as earthquakes, floods, and hurricanes can cause significant damage to manufacturing facilities, warehouses, and transportation networks. Cargo Insurance Cargo insurance specifically covers goods in transit.
The recent port strike, the closed shipping lane that forced a shift to air transport, the bridge that blocked a port, even the grid brownout that slowed manufacturing, might have seemed like random disruptions. government would never ask General Electric to shut down a power grid in Asia, or Ports America to bottleneck cargo in Savannah.
Despite this lack of understanding, a 2024 McKinsey survey found that 71% of companies were using generative AI in at least one business function. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S. There are a lot of companies that are investing in this technology,” he says.
April 7, 2024 — Evans Distribution Systems , a full-service third-party logistics (3PL) provider of warehousing, transportation, fulfillment, value-added, and staffing solutions, has activated 378,000-square-feet of additional warehouse space in Allen Park and Detroit, as a General Purpose Foreign Trade Zone (FTZ) No.
The DPP is a key part of the EU’s broader Ecodesign for Sustainable Products Regulations (ESPR), which officially entered into force in July of 2024 as part of the region’s stated desire to “accelerate the transition to a circular economy model.”
The Key Advantages of Implementing Barge Pumping Solutions By Mike Bronson (pictured) Content Writer 78 Views Industrial sectors that depend on liquid cargo movement, such as oil and gas, chemical production, or maritime transport, face constant pressure to improve efficiency while keeping costs under control.
Walmart previously scaled back its drone deliveries in 2024, when it ended the service in Utah, Arizona and Florida, in favor of focusing on remaining operations in Dallas-Fort Worth, Arkansas and Virginia. Truce Ocean Transportation Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
Appalachia region in 2024. In 2024, flooding events contributed to 70% of the weather disruptions covered by Everstream Analytics. Cencora, a sub-tier pharmaceutical supplier, had a security breach in the early spring of 2024. Everstreams data document 471 attacks in 2024. So, what can companies do about this risk?
billion acquisition of Generative AI start-up MosiacML in 2023, and the upwards on $1 billion acquisition of data management start-up Tabular in 2024. including its global supply chain sustainability software offering for beneficial cargo owners (BCOs) , enterprise supply chain leaders and logistics service providers (LSPs).
In an industry where carrier identity theft and double brokering schemes cost hundreds of millions annually, Descartes has emerged as a frontline defender against fraud in freight transportation. The company’s innovative approach to securing the supply chain has earned it recognition as a winner of the 2025 FreightWaves Fraud Fighter Awards.
Maritime transport is the main artery of global trade. The intricate networks of shipping routes, ports, and inland terminals have strengthened the interconnectedness of the world economy, and maritime shipping is the critical mode of global transport. The average voyage was estimated to be 4,675miles in 2000 versus 5,186miles in 2024.
Trucking companies can be liable for accidents due to various factors, including vehicle maintenance, driver training, hours-of-service compliance, cargo loading, and intentional law violations. When cargo is not loaded and secured properly, it can shift or spill during transit, leading to accidents.
Understanding Long-Haul Trucking Insurance Long-haul trucking insurance is a specialized commercial auto insurance that offers coverage for vehicles and cargo traversing long routes. After all, your vehicles, drivers, and cargo are on the road for an extended time, translating into greater risk.
The 2024 Institute of Financial Operations and Leadership (IFOL) Accounts Payable Automation Trends Report found 52% of accounts payable professionals already spending more than 10 hours per week processing invoices. But this approach also leads to an increase in billing frequency, and poses challenges for revenue tracking.
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