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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. 1 Incidents of cargo theft don't just cost you time and money. And rightly so!
Alex is the President of Expedite All , Americas largest small truck network, with over 9,000 vehicles ranging from cargo vans to straight trucks. His previous roles included guiding companies through strategic pivots and serving as General Counsel at Inhabit.
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. Keep a vigilant eye.
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Postal Service reversing its package ban from China to LGs big robotics acquisition, companies are adapting to new regulations and automation trends. tax-free, could lead to higher prices and delays for consumers, impacting companies that rely on low-cost imports from China. From the U.S.
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The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes.
Postal Service reversing its package ban from China to LGs big robotics acquisition, companies are adapting to new regulations and automation trends. tax-free, could lead to higher prices and delays for consumers, impacting companies that rely on low-cost imports from China. From the U.S.
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to discuss the evolving landscape of cargo theft that continues to plague the freight industry. While straight theft (the physical taking of trucks, trailers, or cargo from where they’re parked) remains the most common form of cargo theft, criminal tactics have shifted in the last few years.
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Unlike transporting goods across state lines, cross-border shipping demands specialized expertise, robust infrastructure and comprehensive security measures. Companies that underestimate these compliance demands often discover the hard way that border efficiency begins with proper documentation and regulatory adherence.
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As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Post-2016 Strategy: End-to-end Shipping. Today, 75 to 80% of cargo arrives on time.
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Anti-narcotics investigators have uncovered substantial amounts of the disguised drugs in the past two years as smugglers go to ever-more elaborate lengths to get illicit cargoes on board ships. The majority of the volume will fit within UPS’ existing U.S. daytime flight operations, EVP and CFO Brian Newman said.
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American Battery Technology Company Receives $150 Million in Grant Funding The American Battery Technology Company was selected for the highly competitive $150 million federal grant from the U.S. I look forward to continuing to cover the latest and emerging stories in the supply chain and sustainability space. Department of Energy.
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