Business

Reputation Managment: Combatting Cargo Theft

The increasing sophistication of bad actors targeting multiple modes of transport and across supply chains is something that Global CFS actively combats on behalf of its customers. As a leading provider of logistics and transportation services based in the Chicago area, Global CFS has implemented cutting-edge technology to safeguard cargo across air, truck, and rail modalities.

The growing threat of cargo theft has become an increasingly pressing issue for the transportation industry. In the third quarter of 2024 alone, there were 776 reported cargo theft events across the United States and Canada, marking a 14% increase compared to the same period in 2023. The total value of stolen goods exceeded $39 million for that quarter, highlighting the substantial financial impact of this criminal activity.

Steve Panzarella, President of Global CFS, knows that the most effective solution is a multi-faceted one. “Global [sic] has invested heavily in state-of-the-art security measures, including advanced GPS tracking systems to monitor the real-time location of all shipments, allowing for immediate detection of any unauthorized route deviations and enabling swift response to potential theft attempts.”

Visible countermeasures also provide an additional, and vital, deterrent to the would-be thief. Strategic placement of high-definition cameras on vehicles and within warehouses provides constant, real-time visual surveillance, not only deterring potential thieves but also providing crucial evidence in the event of a security breach. Leveraging sophisticated software, Global CFS implements geofencing technology to create virtual perimeters around approved routes and locations. Any excursion from these predetermined areas triggers instant alerts, allowing for rapid intervention.

Global CFS has also integrated blockchain technology into its tracking systems, ensuring tamper-proof documentation of cargo journeys. In years past, a trucker could present themselves at a warehouse, claiming to have been dispatched by the shippers to pick up a shipment with falsified or adulterated documents or information. Now, this innovation prevents malicious actors from altering data to conceal fictitious pickups or cargo diversions.

Finally, no technology solution is at its maximum effectiveness without a network of trusted people around it. Global’s rigorous vetting of personnel and partners, regular security audits and risk assessments, continuous employee training on the latest security protocols, and collaboration with law enforcement and industry security groups ensures that the human element of security contributes to the multi-layered solution offered by Global CFS.

Through these comprehensive measures, Global CFS has significantly reduced the risk of cargo theft for its clients. As organized crime groups continue to evolve their tactics, Global CFS remains committed to staying ahead of the curve by continuously updating and refining its security measures.

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