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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. What are the most common types of cargo theft?
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.
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.
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.
WASHINGTON — Legislation introduced in the House and Senate could help speed air cargo shipments through the supply chain by using a new funding incentive for surface transportation projects. In addition to passenger benefits, Kustoff emphasized benefits to cargo shipments as well. “It Steve Cohen, D-Tenn. and David Kustoff, R-Tenn.
This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. The warehousing and distribution industry is highly reliant on technology for its operations. As such, it is vulnerable to devastating cyberattacks.
More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.
Cargo thieves love the holidays. Warehouses and distribution centers are top targets. That time of year when the industry ships a higher volume of desirable, in-demand goods. Appliances and furniture, food and beverages, and electronics are hot commodities.
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.
SEFE will manage global ammonia sourcing and distribution through Germanys hydrogen core grid, while Hegh Evi will provide midstream infrastructure, including shipping and floating ammonia-to-hydrogen conversion. This approach helps companies meet regulatory requirements and address consumer demands for transparency.
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. Read more
Singapore 12th August 2021: Recognising the heightened focus on overall supply chain performance due to increased disruption and challenges, shippers, manufacturers and beneficial cargo owners (BCO’s), are increasingly faced with soaring freights rates and what they, correctly or otherwise, perceive to be sub-standard or inferior service.
SEFE will manage global ammonia sourcing and distribution through Germanys hydrogen core grid, while Hegh Evi will provide midstream infrastructure, including shipping and floating ammonia-to-hydrogen conversion. This approach helps companies meet regulatory requirements and address consumer demands for transparency.
Cybersecurity in a Distributed Digital Environment Cybersecurity risk in logistics has shifted from a hypothetical concern to an operational constraint. In 2017, Maersk’s encounter with NotPetya malware required a full infrastructure rebuild and delayed cargo worldwide.
This major gaming hardware heist highlights the vulnerability of high-value cargo. Rising Cargo Theft Cargo theft surged 27% in 2024, with 3,625 incidents averaging $202,364, per Verisk CargoNet. Cargo and Value The stolen cargo comprised 2,810 Nintendo Switch 2 consoles, each worth $499, totaling $1.4
million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape.
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. MELVINDALE, Mich.,
Starting with Miami, this port primarily handles containerized cargo with small amounts of breakbulk, vehicles and industrial equipment. Going up the coast in Jacksonville, FL, there is a huge port that receives the second-most automobiles in the US along with all types of cargo. In 2015, the Port of Savannah moved 8.2% of total U.S.
Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong. The study include d firms in the retail, manufacturing and distribution verticals. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand.
In 2017, Mark recognized a need for logistics service providers to have better access to cost effective All-Risk Shipper’s Interest Cargo Insurance with focus on Mexico. Finally, Reliance is a leader in specialty insurance products such as usage-based cargo insurance, shippers interest policies and Mexican cargo.
Today, 75 to 80% of cargo arrives on time. It fixed a glaring business problem in the industry – a tacit understanding that container liners would charge extra, on top of existing fees, if they had a container they could ship for more (rolled cargo). As long as you know which 75 to 80% is, you can provide a guarantee on that.
Automation, cargo tracking, robotics, and remote fleet management are all examples of how IoT can be used to harness organizational data and gain insights into key processes. DB Schenker is leveraging sensor data from cargo in transit to monitor and control high-value shipments or sensitive shipments, such as with cold chain logistics.
Specifically, my thanks to the airlines and ocean liners who trust WebCargo by Freightos as a digital distribution platform. 90% of products in the US are imported, mostly arriving by sea, in a container, or by air cargo. Cargo, or carga in Spanish, originally means a load or burden. Cargo will no longer be a burden.
Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. With the reduction in cargo coming out of Shanghai, some carriers aren’t able to fully load a vessel. s CargoNet.
Fortunately, strategic planning can help you deliver your land cargo on-time , despite the abundant labor shortages. Low Land Cargo Capacity. Consumers want fast, accurate, and direct shipments, leading less-than-truckload (LTL) carriers to adjust distribution networks to better address order fulfillment from multiple locations.
The pandemic halted many supply chains last year, closing factories and stores, and limiting manufacturing and distribution operations. With the lack of drivers and trucks picking up cargo, this is also causing U.S. Companies must be able to operate adaptive distribution networks that easily respond to changing order conditions.
FedEx plans to test autonomous drone cargo delivery with Elroy Air. Air Canada wants more cargo jets 3 months after launching service. FedEx also plans to test autonomous drone cargo delivery, partnering with Elroy Air. Walgreens to offer Wing drone delivery in suburban Dallas. Mexican factories gain in supply chain revamps.
However, I did see reports on the destruction of Ukraine’s Antonov An-225, the world’s largest cargo aircraft. Payments systems, electricity distribution, communications, and other systems are all vulnerable to cyber attacks to some extent. I was unaware of Ukraine’s prominent air transport presence.
But with the explosion of IoT devices across transportation, warehousing, and distribution, logistics providers face a critical challenge: how to ensure continuous, reliable, and cost-effective communication across diverse physical environments and use cases. The solution?
In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long mile-long span. The collapse sent vehicles and people plunging into the water. Walmart Canada is piloting an automated receiving solution.
Instances of cargo theft increased markedly in 2022, driven in large measure by thieves using fictitious pickups. They estimate $223 million in cargo was stolen across all theft events in 2022. Events that involved the theft of cargo increased by 20% year-over-year. The average value of cargo stolen in an event was $214,104.
Image: iStock/JuSun June 18, 2025 Helen Atkinson, Managing Editor “The future is already here; it’s just not evenly distributed,” wrote William Gibson in his 1984 novel Neuromancer.
A few weeks ago I wrote that Little Brown Bakers, the manufacturer behind Girl Scout Cookies , is warning of unforeseen supply issues that will be impacting both manufacturing and distribution of its treats. pounds of cargo in a hold with about 1,800 cubic inches of space. The company’s latest drone, the X-drone, carries about 7.5
million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape.
Port backlogs and cargo limitations are undermining efficiency while warehouse and storage space remain challenging. Prioritize freight by gaining insight into inventory needs, distribution network, and consolidation opportunities. Fuel costs are rising, and the infrastructure bill has finally passed.
As a result, users may receive decisions that are not objective in terms of identifying specific suppliers, customers, manufacturing facilities or distribution methods. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S. If there’s bias, AI will produce a biased output.
The company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines. By the end of September, FedEx will no longer be the primary air cargo provider for the U.S. distribution centers. Postal Service after UPS recently won the five-year contract.
Amazon is turning malls into distribution centers. Over the last several months, Amazon has gone on a shopping spree, buying up disused malls across the country and turning them into distribution centers. Between 2016 and 2019, Amazon converted around 25 shopping malls into distribution centers.
We have taken this proactive measure to safeguard our people, assets, and customers’ cargo in light of increased regional instability." The safety and security of our seafarers and operations are our top priorities," Maersk said in a statement June 20. "We
Maergo eliminates the need for expensive regional distribution centers and complex carrier relationships. Their network features include pick-ups seven days a week, flexible sortation, eco-friendly use of passenger flight cargo capacity, and diverse last mile partners.
E-commerce service provider Shopify, apparel retailer American Eagle Outfitters and meal-kit delivery company Blue Apron are among the companies that set expansive strategies in hopes of gaining greater scale, with some looking to establish distribution channels to compete with the sprawling logistics network of Amazon.com.
Data from Motive, which tracks trucking visits to North American distribution facilities for the top five retailers, shows volume up 30% year-over-year in June. The trucking industry is turning a corner after a prolonged freight recession that succeeded the Covid boom in transportation rate and services, according to logistics executives.
Autonomous supply chains can help businesses by enabling faster and more accurate demand forecasting, optimizing inventory levels and distribution networks, automating warehouse and delivery operations, and enhancing customer service and satisfaction. Rolls Royce predicts that lighter unmanned vessels will burn 15 percent less fuel.
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