A Review of Cargo Crime in 2021

Fictitious pickups are increasing in North America. In the US, the percentage of cargo thefts due to fictitious pickup rose from 1% in 2022 to 17% in 2023. Strategic theft patterns are also rising, where thieves use identity theft and fraud with fictitious pickup and brokering schemes to obtain loads from freight locations. Combatting this menace requires a combination of vigilance, technology, and a well-trained staff. Let’s explore some effective strategies for guarding against fictitious pickups and minimizing the risk of falling victim to scams. Per Tony Pelli, Practice Director, BSI Consulting, Specializing in Supply Chain and Security Risk Management, […]

On the open sea cargo losses happen. Every year, 100s of millions of cargo containers carrying goods valued into the trillions of dollars crisscross the ocean on ships. Transporting these goods safely requires proper packing, stowage, container weight, and securing of containers, but even when all these measures are carried out to perfection, containers get lost at sea. Severe weather and rough seas along with rare events such as ship groundings, structural failures, and collisions can cause significant losses. 2021 World Shipping Council “Containers Lost at Sea” Report The WSC in its report noted an usually high number of weather-related […]

As featured in the American Journal of Transportation  You may already be familiar with the significant global conflicts that are currently happening. However, what many people may not realize is that there are 25 other ongoing conflicts or unstable security situations worldwide, as defined by the Council of Foreign Relations’ Global Conflict Tracker. First and foremost, war and its humanitarian toll is a tragedy regardless of your political stance concerning any conflict. War also presents challenges for supply chains that the logistics industry must navigate. And when sending cargo into an adverse environment, risk management and insurance should be of […]