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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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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?

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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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Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

From my experience in assessing halal supply chains for food and cosmetics companies, there are ten common gaps in halal risk management: Halal training is often limited to the production plant and not extended to the head office, missing key functions such as: procurement, supply chain management, corporate communication, risk management, and sales (..)

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The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. Ocean Transport. This report provides a snapshot of the U.S. For 2021, U.S.

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Winter Can Turn All Supply Chains Cold

Enterra Insights

Supply chain risk managers must deal with both day-to-day weather as well as prepare for contingencies associated with climate change. ”[5] Below are few ways supply chain managers can brace for winter. . In this article, I want to concentrate on weather rather than climate change.