Cargo Theft Reports l What’s Your Risk?

All supply chains are unique. In many cases, the complexity of a supply chain and its security parameters permit gaps and, in turn, increase the theft risk of your freight. Certain cargo, such as electronics, is more susceptible to loss by theft than others. These risk factors include theft by commodity, the path of the import or location and the type of theft. Cargo theft statistics are available for importers and exporters to analyze their risks and make adjustments to their supply chains. Modifications may include increased security to your distribution channels to aid in cargo loss prevention and/or building a shipping insurance policy designed to your specific risks to offset the cost of a loss.

Must Read Cargo Theft Statistics
Every month FreightWatch International releases a Cargo Theft Report to subscribers. The report includes diagrams breaking down reported theft incidents for that month.

In August 2010 FreightWatch reported, “FreightWatch recorded 58 cargo theft incidents in August; an 18% increase from the thefts recorded in July. The states with the highest number of thefts were California and Florida, while Georgia experienced a higher number of incidents compared to last month displacing Texas to fourth place on the list of cargo theft.”

Subscribe to FreightWatch International’s Theft Report by contacting
Dan Burges
dan.burges@freightwatchintl.com
512-532-0159

Dan Burges states that the FreightWatch data, "Comes from out own proprietary database. We gather cargo theft data through clients, industry organizations, law enforcement agencies, insurance companies and open source media. We believe our database to be one of the most comprehensive cargo theft databases covering cargo theft in the United States."

Unique supply chains deserve unique coverage! If you lack the broad insurance coverage you need, contact TRG Marine™ today to see how we can customize a cargo insurance policy specific to your commodities and distribution channel. Every supply chain is unique; your insurance policy should be so too. Our years of experience and market connections will find you the best coverage at the best price! www.TRGMarine.com

Jena Leary | TRG
Marketing Director
140 East Main Street, Suite G
Bozeman, MT 59715
jleary@trgdirect.com

Meet Trade Innovations l Supply Chain Security Consultants

Trade Innovations, a partner of TRG Direct, was launched as a practical alternative to traditional consulting and law firms. Since the company's founding in 2005, they have steadily built a portfolio of satisfied clients. Through carefully crafted strategic alliances they have the ability to provide world class service in the areas of customs and import compliance consulting, export compliance, training, C-TPAT programs, surety bonds, direct-filing of customs entries and Importer Security Filings (ISFs), marine insurance, and carnets.

To commemorate the company's 5 year anniversary Trade Innovations recently refreshed and updated their web site (www.tradeinnovations.com). In addition to their Blog, they added all of today's social media links so now you can follow Trade Innovations on Facebook, Twitter and LinkedIn. Make sure to visit them online and sign up for their monthly newsletter. It is full of insightful information.