BSI, TT Club and TAPA EMEA co-author this report to educate the transportation and manufacturing sectors about the dynamic cargo theft risks present across the globe.
Crime report from TT Club and BSI finds over three-quarters of cargo theft occurs at logistics hubs and warehouses, with Free Trade Zone (FTZ) particularly vulnerable locations.
The report, which reflects whole year data from 2020 compiled by leading international transport and logistics insurer, TT Club, and global provider of supply chain intelligence, BSI, highlights significant new trends in risks both regionally and globally.
The prevalence of cargo theft incidents continues to have a material impact on stakeholders in the supply chain in South Africa. Analysis of recorded incidents, increased data sharing agreements, collaborations, and widespread dissemination of findings all serve to improve our understanding of the underlying risks. Knowledge empowers stakeholders to take action, protecting their businesses and those they represent in the supply chain, and reducing the frequency and impact that this type of crime inevitably has.
The second annual report on cargo theft worldwide, issued today by leading international transport and logistics insurer, TT Club and global provider of supply chain intelligence, BSI confirms the overwhelming targeting of cargo trucks compared to all other modalities.
