The risks of carrying high value cargo by road

Prolonged port stays With more and more companies adopting the

International sanctions on Russia for unleashing a war against Ukraine

There is no ignoring the trend – ESG (environmental, social,

Sustainability is a key consumer concern today. Innova Market Insights

There’s another threat to cargo, and we’re all wearing it

Valuable goods have always been an attractive target for cargo crime, especially during transportation when they are often the most vulnerable. We believe that the COVID-19 / Corona-virus health and economic crisis could lead to a significant increase in cargo crime globally. Companies shipping valuable goods are advised to take measures to mitigate this risk, leveraging accurate data for incident investigation, damage control, and risk avoidance.

In 2001, the U.S. Customs and Border Protection (CBP)created CTPAT

How can companies navigate the supply chain challenges posed by

The new supply chain reality: Visibility is no longer enough

Companies that need to transport goods overseas often find themselves relying on their shipping companies or 3PLs to monitor their cargo. Because of this, a great deal of blind spots and lack of information concerning their cargo’swhereabouts arise, making them vulnerable and putting them at a disadvantage.

Considering the vital importance to world trade of the successful delivery of goods, produce and foodstuffs, global shipping organizations need to constantly review their security, supply chain and quality assurance operations to ensure optimal performance.

Many companies believe that their shipping company utilizes a Global Navigation Satellite System (GNSS), to track their cargo when it is transported from origin until destination and that when GNSS is used, it ensures that the shipper is always aware of the whereabouts of their cargo thanks to the complex network of satellites that transmit positioning and timing.

When transporting cargo, it is important to know where your cargo is at all times, however when transporting food cargo, there are additional factors that impact the final delivery and Quality Assurance managers and Supply Chain managers need to be aware of. From temperature control to increased transparency and more, the food industry is one of the fastest growing industries worldwide, no sign slowing.

Companies that want to reduce costs and improve efficiency thrive to implement a Just-In-Time (JIT) supply chain strategy or employ a lean production model.

argo theft in the Europe, Middle East and Africa (EMEA) region continued its upward trend in 2016. According to the Transported Asset Protection Association’s (TAPA) recent newsletter, all 11 months of 2016 from January to November, recorded a year-on-year increase in crime rates. It ranged from the lowest 56% in November to the highest 265.3% in July, based on data gathered by TAPA’s Incident Information Service (IIS).

Most industries today depend on the global supply chain and in result it turns the container into an indispensable tool to success in assembling their final product. Every day, over 15 million containers are moving around at sea or on land or just standing, waiting to be delivered. They account for about 90% of the world’s traded cargo by value.

Evaluating your company’s supply chain performance must be done by building a matrix of risk assessment. This matrix that can mathematically expressed using probability theory which allows to calculate costs based on collected information. But when assembling the formula in assessing the risks of your company’s global supply chain one variable usually stays unsolved. That variable is also probably the longest in terms of time but the one you have the less control over; shipping your cargo.

The U.S pharmaceutical industry is expected to exceed a valuation of $550 billion by 2020.

Companies that want to have some kind of control over their products while in transit have a choice – either select a cargo monitoring solution that provides real-time information and alerts on the condition of their goods, no matter where they are, or settle for logs that record and release information upon arrival at a destination.
For companies that need control over their supply chain– there is no question; having real-time cargo monitoring is crucial.

The black-market tobacco industry is thriving worldwide. In 2017, over 50% of cigarettes consumed in New York State were believed to be from the black-market, in the old continent it is around 11 billion Euro of tax revenue that EU governments are deprived from due to illicit trade or counterfeit cigarettes.

Companies that need to transport goods overseas often find themselves relying on their shipping companies or 3PLs to monitor their cargo. Because of this, a great deal of blind spots and lack of information concerning their cargo’swhereabouts arise, making them vulnerable and putting them at a disadvantage.

Innovation drives the world forward – and the ones who need to put the pedal to the metal are the automotive brands.

Q: Where did you source the idea to create Contguard?