Cargo Theft - It Costs Us All!
Port cities like Houston are particularly vulnerable to theft. Stolen cargo in the United States is exported in ocean containers to countries in South and Central America where it makes its way into the black market.
Cargo theft costs us all, not just the logistics industry - interrupted supply chains and shortages for wholesale and retail businesses, brand damage, higher consumer costs, rising insurance costs, lost productivity and wages affect everyone.
"The National Cargo Security Council (NCSC) estimates that the global financial impact of cargo loss exceeds $50 billion annually." - Inbound Logistics
A checklist for preventing cargo theft:
- Know your supply chain partners and build trusting relationships
- Train drivers and warehouse personnel to be aware of their surroundings
- Use common sense measures in the warehouse, when parking, fueling, and on the road
- Understand current cargo theft scams and how to discourage them
Commercial Cartage recommends these links for additional information on preventing cargo theft: