Cargo owners have been warned that there is no “one-size-fits-all” approach to risk management to protect against rising theft.
Speaking as the TT Club and BSI Supply Chain Services published the first edition of the joint 2018 Semi-Annual Global Cargo Theft Intelligence and Advisory Report, Courtney Foster, supply chain solutions manager at BSI, warned that owners faced a rising tide of crime. The report found that violent truck hijackings account for 24 percent of cargo theft incidents globally, while food and beverage cargoes are the biggest current targets at 27 percent.
The authors said the publication brings together threat and intelligence data from BSI’s supply chain security country risk intelligence tool, SCREEN, and TT Club’s insurance underwriting risk insights.
