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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.
Cargo thieves love the holidays. Read more The post I’ve Fought Freight Fraud for 30 Years: Here’s How to Protect Your Supply Chain in 2025 appeared first on Talking Logistics with Adrian Gonzalez. That time of year when the industry ships a higher volume of desirable, in-demand goods.
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.
More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.
Mark Vickers and Joe Lynch discuss Mexico transportation risk. Mark is the Executive Vice President and Head of International Logistics at Reliance Partners , one of the nation’s fastest-growing commercial insurance agencies. Mark now serves as the Executive Vice President and Head of International Logistics at Reliance Partners.
RiskManagement in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.
Risks in halal supply chains The halal integrity of a brand (and its products) is a function of its supply chain, where a breakage in halal integrity anywhere in a supply chain becomes a breakage of its halal integrity.
While prior riskmanagement disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. The Emergence of Logistics as Constraint. Advanced planning tools(APS) never considered the issues of logistics. Availability of logistics was always assumed.
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.
This post is the second in a series of “How to Spot Supplier Risk.” ” In the process of business procurement and especially in the supply chain, supplier riskmanagement is a skill set that needs focus day in and day out. Enhancing Supplier RiskManagement Through On-Site Evaluations.
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. Overall, cargo theft is on the rise , as FreightWatch International reported last week. Keep the cargo moving.
With a holiday weekend upon us, let’s go straight to the supply chain and logistics news that caught my attention this week: Retailers Seek U.S. Robinson Expands Global Network, Acquires APC Logistics. Online freight marketplace Freightos acquires Spain’s WebCargoNet (TechCrunch). Help With Shipping Crisis (WSJ – sub.
When we think of fraud in the supply chains, often we think about organized cargo theft. According to Travelers Insurance, there are five main cargo theft tactics to watch out for. The first is straight cargo theft, where cargo is physically stolen from a location. Freight forwarding. False commitments.
Last summer, Inbound Logistics published a list of different 3PLs and their services. Transportation Service Offering 2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air cargo or air transport is a vital component of many international logistics networks.
As shoppers count down the days until they can score deals on the hottest products, cargo thieves are counting on cashing in on opportunities to swipe unattended trailers and shipments. The industry experiences more cargo theft incidents when there is a higher volume of consumer goods moving through the supply chain.
Ocean RiskManagement part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. Additionally, we examine the decision between using a carrier or a Non-Vessel Operating Common Carrier (NVOCC) as a vendor and how this choice can impact riskmanagement. The 2M alliance will be disbanded in 2025.
One of the biggest challenges remaining from the pandemic is the labor shortage and its ripple effects on multiple industries, including logistics companies. Fortunately, strategic planning can help you deliver your land cargo on-time , despite the abundant labor shortages. Low Land Cargo Capacity. Optimize Routes.
When terminals cannot move cargo, the costs can escalate quickly. Since the systems affected were controlling the flow of vessels and freight around the world, these can be classified as OT-level supervisory type systems. Should we call the Maersk attack an OT-level attack or an IT-level attack?
Joe Lynch and Jeremy Thone discuss the 3PL basics: the 11 transportation services provided by 3rd party logistics providers. Jeremy Thone is the Marketing Director at 3PL Systems, which is a transportation management system software company based in Signal Hill, California. Transportation Service #2 – Air Cargo.
The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. Ti Logistics Briefing.
The alarming rise in cargo theft across the United States is becoming a significant concern for businesses, logistics providers, and consumers alike. As prices rise and certain goods become scarce, the value of stolen cargo on the black market increases. There’s also a rise in insurance premiums as the risk escalates.
Truckstop emerged as a winner of the 2025 FreightWaves Fraud Fighter Awards with an innovative approach to combating fraud in the freight industry. The company’s standout solution, Risk Factors, is transforming how freight brokers identify and prevent fraud, establishing new standards for riskmanagement across the logistics sector.
Peak season for ocean freight shipping is underway. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supply chain. All of this will cause a tightening of space for ocean freight shipping. Red: Space is extremely tight and forecasting is imperative.
Material Handling & Logistics ). Material Handling & Logistics ). Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 95% of supply chain executives report having a formal supply-chain risk-management process following Covid-19.
In the meantime, here’s the supply chain and logistics news that caught my attention this week: EU Approves FedEx Acquisition of TNT Express ( WSJ – sub. INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting.
LLamasoft and CHAINalytics Partner to Provide Integrated Access to Freight Market Intelligence. Teamsters lose another vote at FedEx Freight facility (Reuters). Supply chain management is all about riskmanagement, and this is a great example of how third-party logistics providers (3PLs) need to redefine themselves.
August is usually a quiet month for supply chain and logistics news, but not this year, especially the past couple of weeks. Freight Companies Scramble to Reroute Goods in Wake of Harvey (WSJ – sub. UK government announces funding for truck platooning trials (Automotive Logistics).
We’re getting ready to print our Logistics Leaders for T1D Cure Team jerseys for this year’s ride (September 14-17) in Saratoga Springs, NY in support of JDRF International. Moving on to this week’s supply chain and logistics news… FedEx says operations at TNT Express disrupted after virus attack (Reuters).
We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Cerasis is another leader in the world of supply chain and logistics. Ship Lilly.
With the main focus on maximizing time and cost efficiencies, cargoriskmanagement is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real. What risk does your cargo face? How should you estimate your cargorisks?
Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. Subscribe Here! Email Address.
If so, I invite you to attend two of the sessions that I am participating in, both related to transportation management: TMS 4 SMB: A Case Study with Carhartt. Speakers: Sharon Perry, Vice President of Logistics, Carhartt; Gregg Lanyard, Director, Product Management, Manhattan Associates; Adrian Gonzalez, President, Adelante SCM.
Zara also works with Air France, KLM Cargo and Emirates Air in order that they can coordinate directly with the airlines to make the outbound shipments to its stores and bring back some raw materials and semi-finished materials with return legs. In order to compensate a long waiting time, Adidas uses air freight or courier service.
To be able to deal with tariffs and customs, many supply chain companies have partnered with third-party logistics providers who help them manage in-country transportation, distribution, and warehousing. Management Professionals in Supply Chains. Stagnation of Air Cargo and Sea Freight Rates. ManagingRisk.
However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., percentage of second-tier suppliers who follow a certain riskmanagement or IT standard”). delivery reliability”), but is that really “supply chain thinking”?
How has the crisis affected the logistics of moving product across the region, especially at highly congested border crossings? Probably the most notable outcome from a logistics standpoint has occurred in Calais, France, where trucks headed for the Channel Tunnel to the United Kingdom were being boarded by migrants.
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Logistics sustainability has transformed from a niche concern to a central business imperative. This shift is driven by increasing awareness of environmental impacts, customer demand for green products and services, and the potential for operational efficiencies and cost savings linked to more sustainable freight shipping. Here’s how.
Pick the most convenient location, both in terms of cost and logistics. Overseas manufacturers require partners who can handle import logistics with little cost to them. Link these channels with reliable logistics networks. If you are outsourcing or using internal means, let it cover the whole network and manage the experience.
How General Average Could Ruin Your Ocean Cargo Deliveries | Transportfolio. It’s time to assess what’s at stake and think about how you can minimize your risk. General average is a throwback to the days when a crew tossed cargo overboard to lighten the ship in a storm. Ship owners have a lien on the ship’s cargo.
Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. Real-time, or near real-time connectivity to key logistics partners in the extended supply chain helps to prevent delays that can inflate dwell time. Review global trade management processes.
Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. Real-time, or near real-time connectivity to key logistics partners in the extended supply chain helps to prevent delays that can inflate dwell time. Review global trade management processes.
Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. Real-time, or near real-time connectivity to key logistics partners in the extended supply chain helps to prevent delays that can inflate dwell time. Review global trade management processes.
Actionable analytics and meaningful logistics intelligence are essential elements in freight. As a result, shippers can better manage their total transportation spending and make the best decisions for their organizations. Freight shipping costs are climbing. Constant disruptions aren’t anything new.
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