High Security

Spot Rates Highest in Two Years, Expected to Rise Through Year’s End

Spot Rates Highest in Two Years, Expected to Rise Through Year’s End

Natural disasters, driver shortage, a growing economy, higher input costs, increasing pay for qualified drivers…all factors contributing to the highest spot quotes the industry has seen in over two years with van rates on the truckload spot quote market reaching a national average of $1.94 per mile and reefer rates increasing from $2.19 to $2.22 per mile week-over-week, according to DAT Trendlines.

Trucking Capacity and Rate Outlook for 2017

 Trucking Capacity and Rate Outlook for 2017

According to the American Trucking Associations, the trucking industry is currently short around 48,000 drivers with that number expected to surge to 890,000 by 2025. 1This increase will be gradual, however, there will be a noticeable tightening by mid-year 2017, FTR Associates predicts.

Customer Retention Suffers as Drivers Lack Quality/Skill

 Customer Retention Suffers as Drivers Lack Quality/Skill

Drivers are said to be one of (if not the most) important asset for trucking companies.  Not only are they responsible for the successful and safe transportation of products, but overall act as brand ambassadors for their company, often spending more time with customers than traditional salesmen.  The impression they leave behind plays a large role in customer retention as a negative experience can lead to lost future sales while a pleasant and memorable experience can cause a shipper/consignee to want to increase their business together.  Knowing this, it comes to question as to why many carriers would hire less than qualified drivers to represent their company.  Perhaps to fill capacity restraints?  Or maybe because they do not have to pay them as much as they would an experienced/skilled driver?  Whatever the case, industry experts agree that the quality of drivers is decreasing.

Authorities Recover $1 Million Shoe Theft, Thieves Still at Large

 Authorities Recover $1 Million Shoe Theft, Thieves Still at Large

Earlier this month, thieves stole a chassis container trailer of footwear from a warehouse yard in Torrance, CA.  Without releasing the location of the theft or brand of products, authorities noted that the shoes, which consisted of both men’s and women’s sneakers, had a retail value of over $100 per pair, placing the load of 10,728 pairs at over $1 million.

ISIS Calls on Followers to Poison Food Products, Protect Your Cargo Today

 ISIS Calls on Followers to Poison Food Products, Protect Your Cargo Today

Terror monitoring agencies uncovered postings Tuesday on known ISIS message forums calling for its followers to inject poison, including cyanide, into food at Western supermarkets. 1

CargoNet Releases 2nd Quarter Cargo Theft Statistics

 CargoNet Releases 2nd Quarter Cargo Theft Statistics

Less meant more last quarter, according to CargoNet’s 2nd quarter statistics, which found the number of cargo thefts to have dropped but the value of stolen goods increased.

Chameleon Carrier Pleads Guilty, Here Are Some Tips to Avoid Risk

Chameleon Carrier Pleads Guilty, Here Are Some Tips to Avoid Risk

Chameleon carriers remain a growing concern in the trucking industry, as existing or pre-existing carriers are registering under new company names and DOT#s in order to hide poor safety records, out-of-services, and to avoid paying fines.

The Next Generation In Cab Trucking Technology

 The Next Generation In Cab Trucking Technology

Technology is changing every day and the trucking industry is no stranger. With an upcoming final rule mandating the use of electronic logging devices for commercial truck drivers expected to be published September 30th, as well as requirements for speed limiters and electronic stability controls systems, members of the trucking industry are wondering what’s next. We set out to uncover what professionals believe to be the “next generation in cab trucking technology” as well as how Road Scholar Transport is improving our technology this summer. Here is what experts believe is next.

Cargo Theft Declines in Second Quarter

CargoNet recently released its quarterly cargo theft report for the U.S. and Canada.  Here were their findings:

How Many:

*Cargo theft was down in 2017’s 2nd quarter, decreasing from 358 supply chain risk incidents (these include theft of vehicles and cargo as well as fraud) in 1Q 2017 to 296 in 2Q, a 53% drop when compared to the same quarter 2016.

*Out of the 296 incidents:

-Nearly 50% were cargo theft1

-58% involved vehicle theft (110 tractors and 109 trailers) 1, 2

-9% involved fraud1

How Much

*The value of theft decreased from $28.7 million in 1Q to $17.2 million.  Compared to last year, cargo theft is down $35.1 million in value.2

*The average loss per incident was $202,774, which was higher than 1Q ($149,522).2

What

It comes as no surprise that food and beverage was the most stolen commodity and once again, household goods came in second.

Where

*The location in which the thefts occurred switched positions quarter-over-quarter with warehouses taking the number one spot followed by unsecured yards.2

*While theft in California decreased 53% since 2016, it remained the top state for cargo theft followed by Texas.2

Stay Informed

Learn more about “Cargo Theft Hot Spots, Where Cargo and Freight Theft Occurs, and Cargo Theft Prevention Tips” in the video to the right.

Reduce Your Risk

Cargo theft will always be a threat to the supply chain industry but there are ways to help reduce your risk by choosing a secure carrier who is well versed in cargo theft prevention.

Road Scholar Transport’s self-created “Pentagon Distribution Model” provides 100% accountability and secure transport by focusing on technology, visibility, protocols, equipment, and audit trails.  Here are some of the ways we are protecting your high risk freight:

*Locks:  TS4A-Instantly locks all air breaks, preventing unauthorized movements

               Navalock-U.S. Customs approved

Babco lock-Learn more at https://www.youtube.com/watch?v=Bv0oUYvL2iI

*Weekend Delivery:  It is statistically proven that cargo at rest is cargo at risk with the greatest number of cargo thefts occurring on Friday, Saturday, and Sunday.  Road Scholar Transport, however, offers weekend delivery service for our customers, getting their products delivered quickly and reducing the risk of theft.

*Asset-tracking:  Both on the tractor and trailer along with aerial and satellite tracking (down to street level).

*Vivid colors:  Our brightly colored awareness trucks make it harder for anyone to steal our trucks.

*Security gate trailers:  Internal security gates allow us the ability to separate your cargo from other freight, preventing damage concerns by securely locking your freight within a portion of our trailer.  See how it works at https://www.youtube.com/watch?v=31_ZYxmMc6Y

*Drivers:  Uniformed drivers who undergo toughest driver background checks in the business, constantly trained on the latest cargo transport threats.

*Geofencing:  Route or facility specific

*Facility Security:  Around the clock dispatch and operations center.  All facilities are physically fenced and have 24 x 7 x 365 video surveillance.

*Expedited Service:  24-hour expedited service throughout our core service areas.

*Electronic door monitoring

This is part of why we never suffered a full cargo theft in our company’s history!

Learn more about Road Scholar’s high security shipping here and visit RoadScholar.com for an LTL or truckload freight rate today.

 

1https://www.gobytrucknews.com/cargo-theft-down/123

2http://www.ccjdigital.com/cargonet-theft-of-cargo-equipment-sees-decline-in-second-quarter/

Driver Steals Electronics Valued at $200,000, Sells on Craigslist, as Thieves Use More Intelligent Methods to Steal Freight

 Driver Steals Electronics Valued at $200,000, Sells on Craigslist, as Thieves Use More Intelligent Methods to Steal Freight

Last week, police arrested 31-year-old truck driver John Manuel for stealing close to $200,000 worth of electronics destined for Walmart.  Upon delivering to the Louisiana store, Walmart employees noted 90 televisions and sound bars to be missing from load.  Authorities discovered that Manuel was stealing the merchandise and selling them on Craigslist.  He is currently being held without bail.1

A Dozen Reasons to Choose Road Scholar Transport for Damage-Free Shipping

 A Dozen Reasons to Choose Road Scholar Transport for Damage-Free Shipping

Since 1988, Road Scholar Transport has been solving risk-adverse, investment grade customer’s transportation needs throughout the Mid-Atlantic and New England regions. To us, each of our customers’ freight is as fragile as a carton of eggs, easily damaged if not receiving the care and custody it deserves during transport, which is why we maintain a damage claim record of 0.0004%, one of the lowest in the industry.

Fictitious Pickups on the Rise as Thieves Become More Computer Savvy

 Fictitious Pickups on the Rise as Thieves Become More Computer Savvy

In a technology-based world where people look for speed and convenience in doing everyday tasks, the shipping industry isn’t any different, as more and more shippers rely on brokers to schedule the transportation of their freight, brokers posting these loads online for bidding, and trucking companies replying with their rates on load boards.  But is this process leading to a greater number of fictitious pickups?  Cargo theft experts say yes.

Where’s My Freight? Congestion Costs Trucking Over $63 Billion a Year According to ATRI

 Where’s My Freight? Congestion Costs Trucking Over $63 Billion a Year According to ATRI

The American Transportation Research Institute released starting statistics this week regarding the cost of trucks sitting in traffic.

The report, entitled “Cost of Congestion to the Trucking Industry: 2017 Update,” focused on the following 2015 statistics:

 

Trucks Increasingly Used as Weapons, TSA Warns Of Possible Terrorist Attacks

 	 Trucks Increasingly Used as Weapons, TSA Warns Of Possible Terrorist Attacks

The Transportation Security Administration (TSA) released a six-page report last week urging carriers to be on guard for terrorists hijacking trucks and driving them into crowds, creating weapons of mass destruction.

Fifth Member of $1.2 Million Florida Cargo Theft Ring Arrested

 Fifth Member of $1.2 Million Florida Cargo Theft Ring Arrested

The fifth and final member of a cargo theft ring accounting for eight thefts resulting in over $1.2 million throughout Florida was arrested this week.

Two More “Operation Midnight Run” Suspects Plead Guilty to $1.5 Million Theft Ring

 Two More “Operation Midnight Run” Suspects Plead Guilty to $1.5 Million Theft Ring

Earlier this week, Yoanny Justiz and Luis Marin pleaded guilty to their role in a 12-person cargo theft ring that lasted from June 2012 to April 2015 resulting in $1.5 million worth the stolen trucks and merchandise. Nine of the twelve indicted has pleaded guilty so far.

A Look Into Today’s Cargo Theft Tactics

 A Look Into Today’s Cargo Theft Tactics

Last year, CargoNet recorded 10 theft incidents worth at least $1 million each, with cargo theft reaching over $175 million for the year. 1While some methods of cargo theft remain the same year after year, thieves are continuously finding new means to steal freight.  Below are just a few tactics the industry is currently seeing thieves utilize to seize cargo in the U.S. this year.

FreightWatch Releases Third Quarter Cargo Theft Statistics

FreightWatch Releases Third Quarter Cargo Theft Statistics

FreightWatch recently released its cargo theft findings for the July through September time period. Key findings from FreightWatch’s report are as follows and can be found at http://www.freightwatchintl.com/system/files/security-reports/us-report-q315.pdf:

Today’s Cargo Thief: Techniques and How to Mitigate Risk

Today’s Cargo Thief: Techniques and How to Mitigate Risk

According to the Federal Bureau of Investigation, cargo theft costs the United States between $15 billion and $30 billion annually with there being a 40% increase in thefts during the holiday season.  The following identifies common techniques thieves are utilizing in the present day to steal freight and how to help reduce your risk of experiencing such an occurrence.

New Survey on Detention Released

New Survey on Detention Released

DAT Solutions recently released the results of a survey they conducted focused on the issue of driver detention at shipper and consignee docks.  The survey composed of input from 257 carriers and 50 brokers.  Here were their findings: