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
NOVEMBER 30, 2023
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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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.
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. Supplier legitimacy. Supplier selection.
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.
Talking Logistics
JULY 14, 2014
trillion in cargo annually. The second report , issued by TrapX Security, is even more troubling because it hits closer to home — that is, the warehouses and IT systems of manufacturers, retailers, and logistics service providers. Here are some excerpts from the report: U.S. maritime ports handle more than $1.3
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