Annual Meetings-Transportation: Fictitious Pickup & Double Brokered Loads

Pdf Summary

The document discusses various aspects of cargo theft intelligence, including incidents reported by year, month, day of the week, and state. It highlights the increase in fictitious pick-ups from 2021 to 2023 and the average increase in cargo theft incidents reported for Q1 2024 compared to Q1 2023. Additionally, it touches on cargo claim frauds, liability in supply chain operations involving motor carriers, freight brokers, and warehouse operators. The scenarios of "The Sleazy Weasel" and "Three Blind Mice and Two Bad Rats" illustrate different risk management challenges and liabilities in cargo transportation. The document emphasizes the importance of cargo claims scam risk management in an environment of increased cargo scams and reduced insurance coverage. It raises questions regarding the effectiveness of criminal prosecution, the best day of the week and month for cargo theft, and the future of cargo risk management solutions. The data and intelligence provided are courtesy of CargoNet/Verisk, and the document includes contact information for speakers from Markel Specialty and Marine Intelligence & Solutions.

Asset Caption

Presented by:
Angel Martinez and Jimmy Menges, Marine Intelligence & Solutions
Samuel Rizzitelli, Markel

Keywords

cargo theft intelligence

fictitious pick-ups

cargo theft incidents

cargo claim frauds

liability in supply chain operations

risk management challenges

cargo transportation

cargo claims scam risk management

criminal prosecution effectiveness

cargo risk management solutions