CargoNet and its partners compiled statistics as part a larger American survey. They found that the most commonly stolen cargo types are consumer electronics, food, and clothing. Truck stops and rest areas are also common targets for organized cargo theft. Organized cargo thieves have greater opportunities to steal cargo during Christmas.
According to statistics from Chubb, almost a third (33%) of all cargo thefts are committed at these locations. These locations are followed by modal yards, unsecured locations like drop lots and parking areas close to hotels, motels, and restaurants. This is an addition to the advice Marine Cargo Insurance Brokers has been giving shippers and businesspeople all season. It is important to know the exact location of your cargo and ensure that you have met all security requirements if your cargo is being transported by another party.
This is because once a part of the transportation process has been sub-contracted, that area of work may be further sub-contracted until you don’t know who is responsible for your cargo or what security measures and safeguards they have in place.
One example of such a container was cargo container 307703, which arrived at Genoa’s western border. It contained a cylindrical housing a slow-alchemizing Cobalt-60 pellet, which was irradiated all around it for over 25 metres. It was not clear what the history of the container’s movement was. Records show it had been missing for some time in Saudi Arabia.
The companies contracted to transport your cargo assume all responsibility if they violate your security standards. In the event of theft, or loss of cargo due to negligence by them, they will cover you. If your Cargo Insurance Policy and their security standards meet your requirements, you should be able file a claim.
A more comprehensive policy of insurance should be available for goods that travel over long distances. Marine Cargo Insurance provides cover for cargo moved by air and sea, whilst Goods in Transit Insurance covers those goods moved over land. A combination of both policies should be in place for shipments that move by air, land and sea.
Cargo shipping can be difficult because it may be transported over long distances by many types of transport. It is when the cargo is in transit that it becomes most vulnerable. A shipment of televisions was taken in California recently. But, because the shipper had taken all the precautions necessary and knew where their cargo should be, the local police were able limit their surveillance to 140 locations. The investigation, which was aided by CargoNet information, led to the discovery of goods worth over $1million and seven other items, including household items, clothing, electronics, and electronics.
These preventative measures do make a significant difference. CargoNet was launched in 2010 and provides more information that can be used to assist authorities in dealing with incidents such as these. This makes it easier for organized cargo thieves. CargoNet is a primarily American initiative. It is important to take preventive measures for shippers who do not ship to the US regularly. Secure confidential cargo information, background checks and making sure you have adequate Marine Liability Insurance and Goods in Transit Insurance are all important. Talk to a specialist Marine Insurance Broker if you’re unsure which type of coverage is right for you.
With the constant threat of terrorist attacks, cargo security is a priority. The industry can expect to see future decreases in cargo losses as it works with the authorities and educates shippers on cargo security.