A Review of Cargo Crime in 2021

Minimize disruption. Maximize recovery. Insure what matters. Why Insurance Readiness Is Business Resilience Every hurricane season, logistics businesses across the Gulf and East Coasts — and increasingly, inland — face serious risks. From warehouse flooding and power loss to damaged cargo and business shutdowns, the financial fallout can be significant. The good news? Insurance isn’t just a recovery tool — it’s a strategic advantage. This guide will help you evaluate your current policies, identify critical gaps, and understand what protections are most important before the next storm strikes. Designed for: Freight forwarders Customs brokers Warehouse and yard operators Inland and […]

The threat of cargo theft is a persistent risk for businesses operating in the global supply chain, with organized crime groups continually adapting and evolving their tactics to target high-value goods. According to our latest Cargo Theft Report, the rise in strategic thefts, which involve deception, fraud, and sophisticated planning, is a key trend in 2024, with an exponential increase in the United States in particular. In North America, the risk of cargo theft is heightened, with the United States and Canada experiencing significant increases in thefts. The report highlights that food and beverage products dominate the list of targeted […]

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, […]