Executive Briefings

FreightWatch International Issues Annual Global Threat Assessment

FreightWatch International, a provider of security services for global logistics, has released its Annual Global Threat Assessment. The publication examines each region of the world and the countries that are considered major players in the global supply chain.

It analyzes cargo theft rates, criminal tactics, targeted goods and government efforts to curtail the problem. According to FreightWatch, cargo-theft volume grew throughout the western hemisphere in 2011, with the U.S., Mexico, Brazil and other South American countries reporting sharp increases. Theft rates in Europe were down for the year, while those across Africa and Asia remained steady. FreightWatch chief executive officer Barry Conlon said theft gangs "are becoming increasingly active, stealing cargo in significant quantities and making huge profits on the black market. In order to develop a comprehensive security plan, industry professionals must first understand the complexities of the risks they face."

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It analyzes cargo theft rates, criminal tactics, targeted goods and government efforts to curtail the problem. According to FreightWatch, cargo-theft volume grew throughout the western hemisphere in 2011, with the U.S., Mexico, Brazil and other South American countries reporting sharp increases. Theft rates in Europe were down for the year, while those across Africa and Asia remained steady. FreightWatch chief executive officer Barry Conlon said theft gangs "are becoming increasingly active, stealing cargo in significant quantities and making huge profits on the black market. In order to develop a comprehensive security plan, industry professionals must first understand the complexities of the risks they face."

Read Full Article