Remove Cargo Remove Company Remove Freight Remove Supply Chain Risk Management
article thumbnail

Cargo Theft Continues to Rise

Logistics Viewpoints

However, there is probably one industry that most of us would not think of in this list: the cargo theft industry. According to the National Insurance Crime Bureau (NCIB), cargo theft in the United States is a $15 to $35 billion industry. Cargo Theft Tactics Cargo theft comes in many shapes and sizes.

Cargo 239
article thumbnail

How Cargo Theft Stole Christmas

Logistics Viewpoints

Cargo theft continues to be a problem, especially around the holidays. And I don’t just mean the winter holidays; cargo theft typically spikes during any holiday season where businesses may be closed for an extra day or two. But what exactly is cargo theft? Cargo theft comes in many shapes and sizes.

Cargo 210
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail giants crush the rush with charters, air freight

Resilinc

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

article thumbnail

Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. In this context, the natural question out there is; with this somewhat optimistic landscape or outlook, what are the risks a shipper should be cognisant off given that the ocean is seemingly getting calmer.

article thumbnail

Identity Theft, Trucking Style

Talking Logistics

One of the fastest growing forms of cargo theft is deceptive pick-ups (aka fictitious pick-ups). Then the con artists offer low bids to freight brokers who handle shipping for numerous companies. When the truckers show up at a company, everything seems legitimate. Keep the cargo moving.

Cargo 168
article thumbnail

This Week in Logistics News (August 29 -September 2, 2016)

Talking Logistics

GE Acquires Top Supply Chain Software Provider ShipXpress to Expand Digital Rail Offerings. Online freight marketplace Freightos acquires Spain’s WebCargoNet (TechCrunch). DHL to trial vision picking in the UK (Logistics Manager). ports and beyond, said shippers, importers and freight forwarders. UPS Announces U.S.

article thumbnail

This Week in Logistics News (January 4-8, 2016)

Talking Logistics

Transervice Announces Launch of Tech-Based Freight Management Company. FedEx accomplished something UPS could not: receive approval from European Union regulators to acquire Dutch parcel company TNT Express NV. Let’s hope the company has better luck in Europe delivering packages on-time next holiday season.