Cargo Theft Reports l What’s Your Risk?

All supply chains are unique. In many cases, the complexity of a supply chain and its security parameters permit gaps and, in turn, increase the theft risk of your freight. Certain cargo, such as electronics, is more susceptible to loss by theft than others. These risk factors include theft by commodity, the path of the import or location and the type of theft. Cargo theft statistics are available for importers and exporters to analyze their risks and make adjustments to their supply chains. Modifications may include increased security to your distribution channels to aid in cargo loss prevention and/or building a shipping insurance policy designed to your specific risks to offset the cost of a loss.

Must Read Cargo Theft Statistics
Every month FreightWatch International releases a Cargo Theft Report to subscribers. The report includes diagrams breaking down reported theft incidents for that month.

In August 2010 FreightWatch reported, “FreightWatch recorded 58 cargo theft incidents in August; an 18% increase from the thefts recorded in July. The states with the highest number of thefts were California and Florida, while Georgia experienced a higher number of incidents compared to last month displacing Texas to fourth place on the list of cargo theft.”

Subscribe to FreightWatch International’s Theft Report by contacting
Dan Burges
dan.burges@freightwatchintl.com
512-532-0159

Dan Burges states that the FreightWatch data, "Comes from out own proprietary database. We gather cargo theft data through clients, industry organizations, law enforcement agencies, insurance companies and open source media. We believe our database to be one of the most comprehensive cargo theft databases covering cargo theft in the United States."

Unique supply chains deserve unique coverage! If you lack the broad insurance coverage you need, contact TRG Marine™ today to see how we can customize a cargo insurance policy specific to your commodities and distribution channel. Every supply chain is unique; your insurance policy should be so too. Our years of experience and market connections will find you the best coverage at the best price! www.TRGMarine.com

Jena Leary | TRG
Marketing Director
140 East Main Street, Suite G
Bozeman, MT 59715
jleary@trgdirect.com

Is an Annual Marine Insurance Policy Right For You?

TRG Marine offers Marine Cargo Insurance on an annual policy basis. Whether you already have an annual policy in place, purchase CIF, or insure shipment by shipment, TRG Marine may be able to save you money on this important coverage as well.

Given the economy and the soft Marine Insurance market, now is a great time to take a few minutes to compare rates as well as assess if your current coverage is meeting your needs. We can help. I’ve attached additional information on TRG Marine’s services and would welcome the opportunity to provide you with a no obligation quote. To obtain a quote, please complete the attached application and fax or e-mail to me, or give me a call and we can go through the form over the phone.

If you have an annual policy that renews at a different time of year, or would like to discuss Marine Cargo insurance at a later date, please let me know so I can contact you at an appropriate time.