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Although it doesn’t get as much attention as consumer-related crimes, cargo theft is a real concern. The opportunity is ripe for thieves. Every day, millions of dollars of commercial goods and supplies are shipped on rail cars, trucks, planes, ships, and other modes. And while supply chains have always been somewhat vulnerable, carriers now must …

In a previous post we discussed the importance of managing the inevitable cost of collisions across large fleets and insurance pools. As noted previously, the important features of CrashBoxx™ are: • Instant crash alerts—provides immediate notification when a collision occurs • Accident reconstruction—sends crash event data within minutes of a crash • Predictive physical damage—helps …

Construction work has inherent risks and project managers are always striving to keep their crew and equipment safe. For the crew, procedures must be followed and specialized training can be required for certain jobs. Industry and government regulations often help provide a framework for certain processes such as setting demolition charges or securing trench walls. …

Variations in end-customer demand are an inevitable part of doing business. With today’s appetite for nearly instant delivery, these fluctuations are felt more keenly in logistics. Instead of tracking orders weekly or monthly, you might find it necessary to monitor minute-by-minute data. The problem is that even small variations in demand can compound as you …

Peak moving season is upon us. It comes with the buying and selling of houses as well as renters switching units or relocating into town. This annual summertime ritual, usually because the kids are out of school, requires many home and transportation services to support it. Being late or missing an appointment can put a …

For any given driver, a collision is a rare event. But in a large population of drivers, accidents happen every day. For insurers and large fleets, crashes are not unexpected peril, but day-to-day business costs that must be managed just like any other expenses. That’s why we are excited about the newest services of CrashBoxx™: …

The recent GEODIS’ 2017 Supply Chain Worldwide Survey and the earlier Supply Chain Resilience Report highlight the importance of visibility in a supply chain for reducing costs, protecting revenue and satisfying the customer. In the resilience study, researchers found a 6% decrease in adequate visibility, while the GEODIS report revealed that only 6% of their …

Over the last five years, 126 cumulative cargo thefts were reported during the Memorial Day holiday period according to CargoNet®*. The number continues to increase year-over-year with a 36% uptick in reports from 2015 to 2016. They analyzed data from the Wednesday before to the Wednesday after the observed holiday from 2012 to 2016. Trends …

The subprime vehicle loan market is dynamic. It has to adapt to multiple changes from a flush of off-lease vehicles hitting the market to changes in how people’s credit ratings are scored to reaching out to underbanked consumers. These factors affect your risk when lending. You need reliable technology to help you manage collateral so …

There are benefits for insurance and vehicle finance companies to be notified immediately after a collision occurs. Both have vested interest in the vehicle for claims and collateral value. There is also the desire to help the owner get back into a vehicle, especially if the vehicle is declared a total loss. It typically takes …