Friday, June 13, 2014

Joint Effort by Cargo Tracking and Loss Detention Groups to Prevent Freight Theft

New Technology Aims to Improve Supply Chain Risk
Shipping News Feature

US – Covert cargo and vehicle theft detection, recovery, and loss prevention company, SC-integrity (LoJack SCI) and perishable and high value shipment tracking firm Locus Traxx Worldwide, have announced an alliance which aims to both advance and bolster supply chain and cargo shipment security and efficiency. Together, the organisations plan to release a series of bundled tracking and information solutions based on Locus ‘SmartTraxx™ GO’ tracking technology, which monitors both the security and condition of the freight in real-time. LoJack SCI CEO, Ted Wlazlowski, said:

"We couldn't be happier with this collaboration. This venture will allow both Locus Traxx and LoJack SCI to support the latest generation of communication and geo-localisation technologies, while continuing to provide high value service to customers. Our market is ready for the flexibility and ease in providing a disposable tracking solution; and, together with Locus Traxx, we intend to exceed expectations for reliable, low cost visibility and control."

Locus Traxx will cooperate in providing information to and through the LoJack SCI sponsored Supply Chain Information Sharing and Analysis Center (Supply Chain-ISAC). Food is the primary target product for freight theft, accounting for 27% of recorded sector robberies in the US last year, leading to the industry facing increasing regulatory pressures from the FDA. The ability for Supply Chain-ISAC participants to obtain an enhanced view of potential risk or efficiency opportunities in the food, produce and cold chain markets could be extremely beneficial.

Photo: The new cooperation depends on SmartTaxx systems.