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. Keep a vigilant eye.
Logistics Viewpoints
DECEMBER 8, 2021
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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Logistics Viewpoints
APRIL 28, 2015
Recent massive strikes among dockworkers on the California coast brought the reality of supply chain continuity planning to the forefront once again for global businesses.
Talking Logistics
OCTOBER 20, 2016
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.
Logistics Viewpoints
JULY 13, 2022
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.
Talking Logistics
MARCH 12, 2014
One of the fastest growing forms of cargo theft is deceptive pick-ups (aka fictitious pick-ups). According to a September 2013 white paper published by CargoNet and the Cargo Security Alliance , 8 percent of cargo thefts in 2013 (as of August 31, 2013) were due to fictitious pick-ups, up from 5 percent in 2011.
Global Trade Management
JUNE 29, 2023
It's time for a transformative approach to supply chain risk management-based financing. These innovations allow for a comprehensive assessment of risks by viewing the supply chain through the lens of the cargo itself. And what's the solution, you may ask? Next, we have dynamic discounting.
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