Overhaul also recommends that all shipments destined for Chicago (and other Metro-area intermodal chokepoints) NOT stage outside of delivery locations. It is also advised NOT to stage in nearby industrial areas (ex: Lamar Blvd in Memphis, Fulton Industrial Blvd in Atlanta), as criminals often operate in these areas as well.
The Port of Long Beach is equipped to handle an uptick in cargo if a labor strike at the East and Gulf Coast ports occur, CEO Mario Cordero said in a press conference on Thursday.
Overhaul recommends that shippers of targeted and high demand or high value products be extremely thorough in vetting brokers and carriers in their network, as well as documenting all drivers, tractors, and trailers that arrive to pick up cargo with thorough pictures that include all identifying markings on the tractor/trailer, as well as the driver and his CDL as you verify that the information being documented matches the information provided prior to the driver’s arrival.
Despite theft numbers being at record highs throughout 2023 and
into 2024, Ramon said the problem “is going to get worse before it
gets better” and that thieves are beginning to perfect their art.
As we approach Independence Day on July 4th, it’s important for shippers across the United States to plan ahead for limited holiday hours over the long weekend. With the holiday falling on a Thursday this year, many locations may also be closed on Friday the 5th, so it’s crucial to confirm holiday hours of operation for all receiving facilities before allowing loads to depart.
In this climate, we cannot overstate the importance of having the highest levels of security at rail yards and ports. If negligence or inadequate safety and security measures are involved, this can
result in legal action and insurance cancellations
During the month of July 2024, cargo theft in Mexico decreased 4.6% compared to the previous month (June 2024) and remained at the same number of thefts as July 2023.
In this climate, we cannot overstate the importance of having the highest levels of security at rail yards and ports. If negligence or inadequate safety and security measures are involved, this can
result in legal action and insurance cancellations
On August 8th, Overhaul executed a recovery of two full truckloads of high-value consumer electronics which were both picked up by the same carrier. The drivers had switched the tractor on the trailers hoping to thwart recovery efforts, and packages had been opened.
The logistics industry is facing an alarming increase in fraudulent activity in the Midwest, specifically in the theft of high-value cargo. Overhaul has recently learned that multiple crews and organizations are employing a variety of different tactics to steal freight, ranging from simple theft to more complex schemes involving false documentation and identity theft. Cost-dense products such as food, liquor, and consumer electronics are at the highest risk.
Overhaul is the global leader of in-transit supply chain risk management and actionable intelligence, with a 98% customer approval rating.
Overhaul Risk Advisory Services, LLC DBA: Overhaul Risk & Insurance Services (Legal name of the Insurance Agency) is a licensed insurance brokerage (TX, and license #: 2800637). Overhaul Risk Advisory Services is not an insurance company but acts as an agent and or advisor for certain insurance companies and programs. Overhaul Risk and Advisory Services is paid commission and may receive other performance-based compensation for its services. All compensation received by Overhaul Risk & Advisory Services, its affiliates, and its employees may vary by insurance company and state where business is placed.
Support
