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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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Countdown to Black Friday: Are You an Easy Target for Cargo Theft?

Talking Logistics

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.

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Supply Chain Fraud 101

Logistics Viewpoints

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. Systems access.

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Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

From my experience in assessing halal supply chains for food and cosmetics companies, there are ten common gaps in halal risk management: Halal training is often limited to the production plant and not extended to the head office, missing key functions such as: procurement, supply chain management, corporate communication, risk management, and sales (..)

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Winter Can Turn All Supply Chains Cold

Enterra Insights

Supply chain risk managers must deal with both day-to-day weather as well as prepare for contingencies associated with climate change. ”[5] Below are few ways supply chain managers can brace for winter. . In this article, I want to concentrate on weather rather than climate change.

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The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

The latest report is refreshingly more candid in depicting the challenges and ills of the logistics and transportation services sector and the need for new thinking and added emphasis on shipper and cargo holder value and service’s needs. Rising Costs of Warehousing. Warehouse vacancy rates reportedly fell from 5.1