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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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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. East Coast.

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Supply Chain Impacts from Russia-Ukraine Conflict

Logistics Viewpoints

The country’s major service export sectors include air transport; business, professional, and technical services; sea transport, and information services. I was unaware of Ukraine’s prominent air transport presence. However, I did see reports on the destruction of Ukraine’s Antonov An-225, the world’s largest cargo aircraft.

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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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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

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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 (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.