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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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How Cargo Theft Stole Christmas

Logistics Viewpoints

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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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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Identity Theft, Trucking Style

Talking Logistics

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.

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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. Attacks on Maritime Transportation System Are Increasing. Should we call the Maersk attack an OT-level attack or an IT-level attack?

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Baltimore Bridge Collapse- A Reminder of Supply Chain Risk

Supply Chain Matters

Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation. National Transportation Safety Board (NTSB) investigators have reportedly recovered the ship’s data recorder and will conduct interviews with crew members and harbor pilots who were onboard the vessel.

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For Businesses in need of swift and flexible Trade Financing

Global Trade Management

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? But why is this important?