Subscribe to our free, weekly email newsletter!



World Cup heightens risk for cargo theft

By Patrick Burnson, Executive Editor
June 03, 2014

U.S. shippers hoping to profit when the World Cup gets underway later this month, may wish to heed a warning issued by the Air Forwarders Association.

The city of Rio de Janeiro experienced a 142% increase in recorded cargo theft incidents in the first quarter of 2014, compared to the same time frame in 2013. The increase in cargo theft incidents is speculated to be a direct result of the government’s crackdown on drug trafficking and other organized crimes as the World Cup approaches. 

This, in turn, appears to have caused gangs to diversify their activities with many expanding into cargo theft.  The majority of the thefts being reported in Rio are occurring in the metropolitan areas. Thieves are targeting delivery vehicles and intercity cargo shipments.

Security specialists advise extreme vigilance for logistics operations in the area. Also recommended is a multilevel security program to adequately respond to any incidents that might arise. Along with the electronic monitoring of shipments, shippers should ensure that drivers maintain constant communication with control centers as a way to increase the probability of an adequate and timely reaction to any events that might arise.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

For November, which is the most recent month for which data is available, the SCI came in at -3.2. While this is still entrenched in negative territory, it represents an improvement over October and September, which were -5.5 and -6.6, respectively.

Total December shipments––at 1,150,810––were 3 percent better than November and up 5 percent annually. And total 2014 shipments––at 14,092,551––were up 5.61 percent, setting a new record for annual shipments during the time which Panjiva has been collecting this data since 2007.

The biggest story in the energy sector has to be the 30% decline in oil prices since June to a level not seen since the global recession cut a whopping 6% from global consumption back in 2009.

The challenge for air cargo operators to fill capacity, and the confidence to add capacity, remain the same as the demand curve for air freight services recovers.

For the fourth quarter of 2014, UPS said it anticipates adjusted diluted earnings per share of roughly $1.25, with full-year 2014 adjusted diluted earnings per share at $4.75, which represents a 3.9 percent annual gain over 2013’s adjusted earnings per share of $4.57, with full-year 2014 diluted earnings pegged at around $3.28 per share, which is 28.9 percent below 2013’s $4.61.

Article Topics

Blogs · Logistics · Security · Cargo Security · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA