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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.

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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.

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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.

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Port and Maritime Cybersecurity Vulnerabilities Finally Get More Attention

Logistics Viewpoints

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. Attacks on Maritime Transportation System Are Increasing.

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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. Overall, cargo theft is on the rise , as FreightWatch International reported last week. Keep the cargo moving.

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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.

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

Talking Logistics

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.