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.
Amid a number of recent fire incidents affecting container transport, ro-ro ships and air cargo movements allegedly involving lithium batteries, international freight transport insurer TT Club is calling for increased vigilance to ensure a secure safety environment for the fast-developing supply chains of this increasingly common component.
Many newsfeeds currently are covering mass migration arising from the war in Ukraine, following the tragic pattern from other conflict zones over years and decades. The freight supply chain, however, continues to be exploited by layers of criminal barons facilitating the unfortunate 'underbelly' of economic migration.
Current geopolitical tensions have inevitably raised the stakes in general perception around security, as well as, tragically, huge displacement of the population of Ukraine. The sobering reality from experience is that criminals are quick to change their methods, exploit difficult situations and cause further human degradation.
Various sources of potential pest contamination exist throughout the global freight supply chain. Both national legislatures and multinational regulators are keen to minimise potentially devastating consequences to agriculture and the natural environment that unwanted invasive pests can deliver. All those involved in the movement of cargo internationally must heighten their awareness and tighten biosecurity measures.
Third quarter cargo theft data in the US shows storage facilities targeted in 45% of reported cases; up from 20% of recorded cases in the same quarter in 2020
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.
A long-time advocate of safer parking facilities for long-distance road vehicles, international transport insurer, TT Club has welcomed the EC's initiative to introduce a standard ensuring a minimum level of security and safety at these overnight parking sites
TT Club, the insurance provider to the global freight industry has launched a series of animations to highlight specific supply chain security vulnerabilities
