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

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks.

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This Week in Supply Chain Management Tech May 8 2024

Supply Chain Matters

Supply Chain Matters features its latest full edition of This Week in Supply Chain Tech , a compilation of funding, partnership and other noteworthy announcements related to supply chain technology deployment and support. Our last full edition of this column was published on April 4 th.

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Port and Maritime Cybersecurity Vulnerabilities Finally Get More Attention

Logistics Viewpoints

Port and maritime operations are critical to the stability of the global supply chain and the global economy. When terminals cannot move cargo, the costs can escalate quickly. When shipping giant Maersk fell victim to NotPetya malware in 2017, the costs were estimated at between $200 and $300 million.

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Supply Chain Impacts from Russia-Ukraine Conflict

Logistics Viewpoints

However, I did see reports on the destruction of Ukraine’s Antonov An-225, the world’s largest cargo aircraft. Although there is no evidence that the cyber attack was related to the Russia-Ukraine conflict, it did occur just after Japan announced that it would block some Russian banks from accessing the SWIFT international payment system.

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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.