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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. Keep a vigilant eye.

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Supply Chain Fraud 101

Logistics Viewpoints

Supply chain disruptions are continuing to occur for a variety of reasons. Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few.

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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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Baltimore Bridge Collapse- A Reminder of Supply Chain Risk

Supply Chain Matters

A day has passed after a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation.

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Editor’s Choice: Fortifying Warehouse and Distribution Centers Against Cyberattacks

Logistics Viewpoints

In another case, CMA CGM, one of the global leaders in cargo shipping, ultimately disabled its entire core IT systems in response to a cyberattack. A 2020 cyberattack at TFI International, one of the largest trucking and logistics companies in North America, forced them to resort to manually sorting.

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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. In this context, the natural question out there is; with this somewhat optimistic landscape or outlook, what are the risks a shipper should be cognisant off given that the ocean is seemingly getting calmer.

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This Week in Logistics News (August 29 -September 2, 2016)

Talking Logistics

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. Help With Shipping Crisis (WSJ – sub. GE Acquires Top Supply Chain Software Provider ShipXpress to Expand Digital Rail Offerings. Hanjin handles about 7.8