California’s property insurer of last resort told lawmakers that it’s financially unprepared to cover the...
Shipment Misdirection Top Cargo Threat, Thefts Increased 59% in Q3 2023
There were 692 reported thefts of cargo across the United States and Canada in the third quarter of 2023, a 59 percent increase when compared to the third quarter of...
There were 692 reported thefts of cargo across the United States and Canada in the third quarter of 2023, a 59 percent increase when compared to the third quarter of...
Article / 2 months ago
North America Cargo Thefts Jump 57% in Q2 2023 Over Same Time Last Year
Shipment misdirection attacks are the top cause of a record increase in cargo theft in the second quarter of 2023, jumping57 percent over the same period...
Shipment misdirection attacks are the top cause of a record increase in cargo theft in the second quarter of 2023, jumping57 percent over the same period...
Article / 6 months ago
California Governor Vetoes Bill Banning Robotrucks Without Safety Drivers
California Governor Gavin Newsom late on Friday vetoed a bill to prevent heavy-duty driverless trucks from operating in the state, in a relief for companies...
California Governor Gavin Newsom late on Friday vetoed a bill to prevent heavy-duty driverless trucks from operating in the state, in a relief for companies...
Article / 6 months ago
Cargo Theft Increases 57% in Q2 2023 Versus Same Period Last Year
There were 582 supply chain events reported across the United States and Canada in the second quarter of 2023, a 57 percent increase when compared to the...
There were 582 supply chain events reported across the United States and Canada in the second quarter of 2023, a 57 percent increase when compared to the...
Article / 8 months ago
InsurTech Otonomi Raises $3.4M to Build Parametric Cargo Platform
InsurTech Otonomi has raised $3.4 million in order to build a blockchain-powered parametric cargo platform, according to a company press release....
InsurTech Otonomi has raised $3.4 million in order to build a blockchain-powered parametric cargo platform, according to a company press release....
Article / 1 year ago
Cargo Ship Carrying Luxury Cars Sinks Off Portugal’s Azores
A burnt-out cargo ship carrying thousands of luxury cars, including Porsches and Bentleys, sank on Tuesday off the Portuguese Azores archipelago nearly two weeks after it caught fire...
A burnt-out cargo ship carrying thousands of luxury cars, including Porsches and Bentleys, sank on Tuesday off the Portuguese Azores archipelago nearly two weeks after it caught fire...
Article / 2 years ago
Holiday Theft Trends; Driver, Hauler Tips For Protecting Precious Cargo
Networking equipment, tequila and footwear were high on the list of thieves intercepting cargo shipments during the 2020 holiday season, Verisk’s CargoNet...
Networking equipment, tequila and footwear were high on the list of thieves intercepting cargo shipments during the 2020 holiday season, Verisk’s CargoNet...
Article / 2 years ago
Global Shipping Backlog Continues Even as Suez Blockage Cleared
A backlog of container ships carrying consumer goods has grown in some key strategic ports after...
A backlog of container ships carrying consumer goods has grown in some key strategic ports after...
Article / 3 years ago
U.S. Issues Advisory to Help Ship Owners, Insurers Avoid Sanctions Penalties
The Trump administration on Thursday issued guidelines to help ship owners and insurers avoid the risks of sanctions penalties, standards that maritime players and...
The Trump administration on Thursday issued guidelines to help ship owners and insurers avoid the risks of sanctions penalties, standards that maritime players and...
Article / 4 years ago
Large Shipping Losses Declined Rapidly in 2018, Reaching Record Low Levels
Large shipping losses declined by more than 50% in 2018 from the previous year – their lowest level this century...
Large shipping losses declined by more than 50% in 2018 from the previous year – their lowest level this century...
Article / 5 years ago