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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.
SAN DIEGO – Key takeaways from the Samsara Beyond event after customer interviews, press conferences and facility tours is the growing use of artificial intelligence in physical operations to improve safety and efficiency. Mex-Cal Truckline’s operations also highlight the complexities of cross-border logistics with cargo security.
Other sub-groups of LSCMS include LogiSYM, a leading event platform in the Asia region for the dissemination and sharing of trends and best practices in logistics, and the CargoNOW industry news website and magazine. Or I am evaluating a new global trade management software provider anyone else had good/bad experience with them?
Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal (CPP) to accelerate cargo movement for customers and supporting terminal operators. It ensures secure, efficient, and transparent transactions, helpingHapag Lloyd’s terminal partners and customers improve cargo flow across U.S.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Chris Cser and Joe Lynch discuss global giants – ICAT moves the world’s largest cargo. Summary: Global Giants: ICAT Moves the World’s Largest Cargo In this podcast, Chris Cser, Director of Operations at ICAT Logistics, takes us on a journey through the complex world of global logistics. Getting through customs.
Recent events have underscored this risk. In 2017, Maersk’s encounter with NotPetya malware required a full infrastructure rebuild and delayed cargo worldwide. The data is used not only for response but for audit and documentation purposes in the event of spoilage claims or carrier disputes. acceleration, idling, braking).
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. From port congestion and fuel surcharges to weather events and labor shortages, the threats to your shipping network are real and growing. Natural disasters. Tariff swings. Even businesses that ship only within U.S.
The past two years of volatility have many logistics leaders evolving from an annual Request for Proposal or freight (RFP) event to quarterly or more frequently to accommodate the changing supply chain landscape. 10 Freight RFP Components for Success. Company background. Introduce your company and your unique shipping needs.
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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.
Jeff is the CEO of Tucker Company Worldwide , the oldest privately-held freight brokerage in North America, specializing in notoriously complicated freight, like temperature-controlled, oversized, and high-value, high-security shipments. The three-day event will take place Tuesday, Sept. About Jeff Tucker. 27 – Thursday, Sept.
What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
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Supply Chain & Logistics News Round-Up Sept 23rd- 27th This week I was busy attending various Climate Week NYC events, allowing me to step outside my usual bubble of supply chain and sustainability. I attended multiple events focused on the built environment, embodied carbon, digital decarbonization tools, and storytelling.
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 Freight Game of Thrones. Today, 75 to 80% of cargo arrives on time.
The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,
Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freight forwarders, and software providers to achieve true supply chain visibility by tracking ocean freight in near real-time.
Mark spent over 7 years in leadership with the second largest freight brokerage in North America, Total Quality Logistics. 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.
This is a huge step in our journey to digitalize global freight and build a more modern foundation for world trade. Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo.
I want to say a special thank you to Steve Banker and Conrad Hanf who I have worked closely with for the last 10+ years on Logistics Viewpoints as well as countless research projects, surveys, and events. Cargo imported into the U.S. I’d also like to thank Clint Reiser, Mike Guilfoyle, and Andy Chatha. from May’s 2.24
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People buying tickets online for concerts, sporting events and other live events in Minnesota will be guaranteed more transparency and protection under a new bill signed into law Tuesday by Gov. The law will apply to tickets purchased in Minnesota or other states for concerts or other live events held in Minnesota.
Freight fraud has emerged as one of the most rapidly growing and financially devastating risks in today’s global supply chain landscape. Enter Overhaul’s FraudWatch , a winner of the 2025 FreightWaves Fraud Fighter Awards, which has revolutionized the approach to freight security.
Slated to compete in four events in Paris, Ledecky has a chance to surpass Jenny Thompson, Natalie Coughlin and Dara Torres (all with 12 medals) as the most decorated female American Olympian in history — and could potentially pass Thompson (eight) to take over the record for the most gold medals by a woman in the sport.
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Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S. Timely, incisive articles delivered directly to your inbox.
Peak season for ocean freight shipping is underway. This blog examines the “red” times, like the roughly three-month period we have just entered that is historically one of the regular disruptors in the ocean freight market. All of this will cause a tightening of space for ocean freight shipping. Regular disruptors. Golden Week.
More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings. With the rising costs of accessorial charges as the freight sat on the dock, moving freight by ocean container grew more problematic.
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.
Typically, 45% to 50% of cargo is carried in belly holds of aircraft. DB Schenker Singapore has also cemented the position as a key pillar in Singapore’s logistics ecosystem, being the number one air exporter (for freight forwarding) and attaining market leadership in ocean freight as well. Singapore’s Status a Global Hub.
Plus, extreme weather events and changing storm patterns challenge seafaring vessels. Cargo transfer requirements. Once in port, each stage can be monitored, from pilot onboarding and cargo transfer to disembarkation. Apart from the environmental consequences of sea and air pollution, they also affect global trade.
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For ocean cargo , however, if a shipment gets bumped to the next ship, it can add up to 15 days to the transit time. The platform also takes into consideration questions such as, “If I use a freight forwarder, is it still my shipment or is it under a different contract?” FourKites Ocean Visibility Platform. Port of Loading.
This year’s increased COVID-19 instances, extreme weather events, and Suez Canal closure increased the difficulties. Furthermore, port restrictions and the Ever Given being stranded in the Suez Canal for nearly a week slowed cargo movements and worsened congestion. percentage points. Global chip shortages.
I decided to attend because one of the topics on the agenda was the impact of e-commerce on the air freight business. I will come to that subject later, because during the conference it became clear that air freight industry is having an existential crisis that is affecting the e-commerce in more than one way. Lagging technology.
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And certainly there are more frequent, large events affecting companies, that had previously been spaced out.” The ability of computers to digest enormous amounts of data allows for modeling of the convergence of multiple events at a SKU level. And that’s a great skill set to have.
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As CEO of Smith-Cargo Transportation, he orchestrated a successful exit and sale to a private equity firm. He then co-founded Lean Solutions Group, where he spearheaded two successful liquidity events with private equity and scaled the company to over 10,000 employees across Latin America.
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