Logistics Viewpoints
SEPTEMBER 27, 2023
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.
TransAudit
SEPTEMBER 27, 2023
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.
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Logistics Viewpoints
MAY 26, 2023
And now on to this week’s logistics news. Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). The post This Week in Logistics News (May 20 – 26) appeared first on Logistics Viewpoints.
The Logistics & Supply Chain Management Society
NOVEMBER 15, 2021
Typically, 45% to 50% of cargo is carried in belly holds of aircraft. With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. It is currently operating in 12 facilities across the island, with possibly the largest contract logistics footprint in Singapore.
Logistics Viewpoints
APRIL 7, 2023
And now on to this week’s logistics news. UPS is bringing new safety training to Louisville and other sites across the country. In 2022, UPS invested $345 million in safety, including high-tech training at 11 training sites around the country, with 33 additional driving simulators across the U.S.
Logistics Viewpoints
SEPTEMBER 15, 2023
And now on to this week’s logistics news. Merchants can use the service, called Multi-Channel Distribution, to send inventory to warehouses run by other logistics providers, other online marketplaces and even to physical stores to be put on shelves. days for general cargo vessels. In effect, the bill bans driverless AV trucks.
Logistics Viewpoints
FEBRUARY 18, 2022
And now on this week’s logistics news. What Berglund is referring to is the advantage that shipping lines hold for negotiations with cargo shippers for 2022 and beyond. Xeneta currently puts the Asia-West Coast spot rate at just under $10,000 per FEU, with some cargoes paying additional priority shipment fees of $1,400-$7,500.
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