Truck Cargo Thefts Represent a Big Risk to Today’s Shippers
Loss of any cargo can be overwhelming to shippers and transportation service providers, but it can devastate the supply chain when entire containers and trailers go missing. While in-demand items have always been primary targets for theft, it often has been limited to electronics and luxury items and automotive supplies. Thieves have primarily remained focused on these kinds of items before 2008. However, by 2010 at the height of the U.S. recession, the focus switched. The new hot items for truck cargo theft were primarily food and beverage commodities. The natural shift from one hot commodity to another is typical. Still, the first-time general household items such as soap, sanitizer, cleaning supplies, and toilet paper have been so directly focused. This greatly compounded the risk to shippers who were already working with tight capacity limits, strict deadlines, and more demand than there was supply available. These cargo thefts greatly compounded the already strained market and made the whole supply and demand disaster risky and challenging for shippers, retailers, and the general public. These digital freight inefficiencies and issues can create a ripple effect that can travel end to end throughout the supply chain.
Increased Use of Technology Can Help Shippers Prevent Theft
Why Having a Digital Claims Management Program Is Critical to Mitigating the “Damage” Caused by Truck Cargo Theft
Stay Ready to Respond With the Right TMS and Tech Stack in Your Operation
Within the modern supply chain marketplace, challenges and obstacles remain the norm. Truck cargo thefts can easily catch transportation managers and supervisors by surprise. Access to automated tracking and monitoring systems can provide valuable information in the event of theft. These technologies can significantly increase the likelihood of the cargo being recovered. Request a MercuryGate demo to see MercuryMyCarrierClaim and MercuryMyEZClaim in action today and see the benefits of shipment tracking and monitoring and how it can help overcome the effects of market volatility and trends.