TT Club and BSI Supply Chain Services & Solutions have teamed up again to produce a full year analysis of cargo theft, together with some further loss prevention commentary to assist those considering how to combat this on-going threat.
Signum Services Limited (Signum) serves to conduct investigations worldwide on behalf of TT Club and its Members. This article draws on the experience and observations of these former senior detectives, with particular focus on crime in the UK.
An interesting reminder in the multi-layered relationships of the maritime supply chain that care needs to be taken to attend in a timely fashion to securing recourse in all jurisdictions in which a dispute might be brought.
TT Club and BSI have issued the second edition of their report on global cargo theft, the first to cover a full year. Highlighted findings include: theft from road vehicles once more accounts for the highest proportion at 84%; Slash and Grab the largest type of cargo theft at 26% globally but with significant regional variations; the combination of food, beverage, alcohol and tobacco making up the most common commodity group at 34% and South America topping the regional analysis of median value for each theft at $77,000.
TT Club and BSI have issued the second edition of their report on global cargo theft, the first to cover a full year. Highlighted findings include: theft from road vehicles once more accounts for the highest proportion at 84%; Slash and Grab the largest type of cargo theft at 26% globally but with significant regional variations; the combination of food, beverage, alcohol and tobacco making up the most common commodity group at 34% and South America topping the regional analysis of median value for each theft at $77,000.
Enclosed spaces present risks throughout the global supply chain, ranging from ship holds and passageways through to silos and tank cargo transport units (CTUs).
ICHCA International, the global cargo handling NGO association, has launched the 3rd TT Club Innovation in Safety Award and invites submissions from all involved in cargo handling and logistics who has shown a demonstrable improvement in operational safety
