How to Protect Your High-Value Freight Shipments
How do you secure and insure your high-value, highly targeted loads? Truck hijacking is on the rise, so here’s how you can protect your cargo – and drivers – from organized crime and inside jobs.
From a recent hijacking of a truck carrying Nvidia graphics cards to a UPS big rig with the driver tied up in the back and found six hours later to the armed capture of an 18-wheeler in Mount Jackson, VA, freight theft is on the rise. Trucks are increasingly facing hijacking – or attempted theft – by organized crime, as well as “inside jobs” orchestrated by those privy to high value cargo. According to information from the National Insurance Crime Bureau, cargo theft in the US runs between $15 and $35 billion annually.
Pilferage events happen quick: in as little as 10-15 minutes, thieves can grab 1-3 skids, strip them, and be gone. Police don’t respond and tracking is not enough. Protecting your shipments comes down to working with a logistics partner that has extensive experience in cargo security and executes a multi-layered customized solution.
An Experienced Partner for High-Risk Loads
LiVe Logistics utilizes a multi-point security strategy to protect high-value loads for a wide variety of Fortune 500 CPGs and retailers. Our solutions suite includes partial and full escorts, covert tracking and geofencing – and we are continuously evaluating new technology and procedures that provide additional protection.
Please note: LiVe does not publicly publish the details of our multi-point security system, as it could compromise the safety of our current shipments by providing potential criminals with a blueprint for thwarting security efforts. We will work with your transportation team to determine the right solution mix, so contact our team to learn how we can help protect your shipments from theft.
Ensure Your Loads Are 100% Insured
Most carriers will not insure loads up to $250,000 let alone up to $2 million. LiVe Logistics will make sure that your entire load is insured with competitive rates even for load values worth millions of dollars.
LiVe will work closely with you to determine the right insurance coverage for the commodity you are shipping and protect that shipment with best-in-class security procedures.
Thwart Theft & Lower High-Value Freight Costs
As part of Live’s ongoing commitment to lowering your freight total cost of ownership (TCO), we offer affordable security measures that often cost below 2% of the value of the shipment.
Working with our experienced team decreases your risk for lost or stolen inventory and guarantees that your entire load is properly insured and protected, every time. You may even be able to ship more high-value goods per trailer since we can insure loads into the millions.