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Increasing the Chances of Cargo Recovery

In the panicked moments after a cargo theft, every second counts. Having these important pieces of data on hand can assist law enforcement.

In pharmaceutical distribution, brokering shipments to third parties is becoming more common than ever before.

As Chuck Forsaith, Senior Director of HDA’s Pharmaceutical Cargo Security Coalition (PCSC), noted at the 2018 Educational Seminar, the need to move more products quickly and cost-effectively, combined with driver shortages, has led to a rise in brokering. Much like subcontracting, brokering a shipment means that the originally contracted carrier hires another transportation company (often regional) to handle the shipment. Unfortunately, shippers might not always be aware that their load has been brokered and this can adversely affect shipment “visibility.”

“A dangerous side effect is that in-transit security programs are being curtailed, due to budgetary challenges caused by rate increases from driver shortages,” he said. “Some brokerage arrangements reduce shipping costs but increase risk. Supply chain security programs tend to increase overall shipment costs but reduce risk.”

If a cargo theft does take place, what steps can brand owners take to increase the chances of recovery?

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List: Digitalization Companies From PACK EXPO