Reported trends in shipping theft: How not to catch this high season

Reported trends in shipping theft: How not to catch this high season

Statistics compiled by CargoNet and its affiliates as part of a major US survey show that consumer electronics, food and clothing are the three most stolen types of cargo; while truck stops and rest areas are among the places that are most often geared to organized cargo. During the Christmas season, more loads of these types are transported, giving organized loads more opportunity.

Theft from these sites accounts for almost a third of all cargo events, according to statistics published by Chubb. These are then followed by modal laps and insecure locations, such as droppings and parking lots near hotels, motels and restaurants. This attaches importance to the advice that Marine Cargo Insurance Brokers has given to shippers and businessmen throughout the season. You should always know where your shipping is and you must make sure that any part of the shipping of your goods is subcontracting to another party that your security requirements are printed on.

The reason for this is that when part of the transport process is subcontracted, this work area can then be further distributed until you have no idea who is responsible for your shipping or you will be aware of the safety standards and protective measures they have in place. .

One such example was container 307703 which arrived on the western edge of Genoa. It was found to contain a cylinder housing as a slowly alchemizing pellet of cobalt-60, which irradiated everything nearby up to 25 meters away. The story held for the movement of this container was sketchy and the record shows that it had been missing for some time in Saudi Arabia.

By signing up for your safety requirements, the companies that are assigned to transport your freight will accept all responsibility if their safety standards are found to differ from your requirements. So in the event of theft or loss of lading due to our negligence, you will be covered by them. If their own safety standards meet both your and your shipping insurance policy, its unlikely that anything would happen with your goods, so youll be able to make a successful claim.

For goods traveling over long distances, a more comprehensive insurance should be in place. Marine Cargo Insurance provides cover for cargo transported by air and sea, while goods in transit insurance cover these goods moved over land. So for those shipments traveling by land, sea and air, a combination of both strategies should be in force.

The problem with shipping is that it is over longer distances, many transport types can intervene and thats when the load changes hands as it is at its most vulnerable. Recently, a shipment of television was stolen in California; but since the sender had taken the necessary precautions and knew where their cargo would have been, the local police could limit the surveillance to 140 suitable storage locations. Combined with information from CargoNet, the investigation led to the recovery of goods valued at over $ 1million, as well as recovery of items from seven other thefts including clothing, electronics and household goods.

It only shows that there is a difference to taking these preventive measures. With the advent of CargoNet back 2010, more actionable information can now be handed over to the authorities when such events arise, making it harder for organized cargo. Unfortunately, CargoNet is primarily a US initiative, and so for those shippers who do not regularly ship to the United States it is still very important that preventive measures are taken. To secure confidential shipping information, carry out job background checks and make sure you are covered with comprehensive marine liability insurance and goods in transit insurance is the key. If you are unsure of the type of cover that suits you best, you must talk to a specialist insurance broker

Maintaining freight safety continues to be a focus, especially with the threat of terror attacks ever present. But when the industry continues its work with the authorities and the carriers better educate themselves on their own cargo security, the industry can expect future reductions of own cargo losses.


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