Eden Prairie, MN (October 2, 2013) — C.H. Robinson Worldwide, Inc., one of the world’s largest logistics companies, bolsters its anti-cargo theft strategy by joining CargoNet® to provide customers with a proactive approach to strengthening security around sensitive and high value product freight. CargoNet is a division of Verisk Crime Analytics, a Verisk Analytics (Nasdaq:VRSK) company.
CargoNet is centered on a national database and information-sharing system managed by crime analysts and subject matter experts. By providing coordinated incident communications, recovery support, and deterrence measures, CargoNet helps its members prevent cargo theft and improve chances of recovery. CargoNet members benefit from an extensive law enforcement network of more than 120,000 officers and agents spanning more than 9,000 agencies in the United States and Canada.
Organized groups rather than opportunistic individuals typically commit cargo theft. Through proactive utilization of theft data, trends and hotspots, C.H. Robinson will leverage and incorporate data from CargoNet and internal sources to provide supply chain decision making intelligence on areas to avoid and how to better manage supply chains.
“Shippers can mitigate the risk of cargo theft by understanding what makes commodities easier to steal and taking steps to reduce theft,” said Chris McLoughlin, cargo risk manager at C.H. Robinson. “Working with CargoNet allows C.H. Robinson to add another layer to our risk management security plan, which adds value to our customers and contract carriers through business intelligence.”
Through CargoNet’s information-sharing network, cargo theft event information is passed on to statewide law enforcement systems and several non-law enforcement channels almost immediately after a theft is reported. CargoNet ensures law enforcement can efficiently find critical information to help solve complex investigations, identify perpetrators, and recover stolen product.
”We are excited that C.H. Robinson has committed to the CargoNet platform,” said Anthony Canale, general manager of CargoNet. “Protecting cargo and people is crucial in today’s market, where cargo theft remains a significant threat. C.H. Robinson’s encouragement for its contract carriers to also join CargoNet will have a positive impact on supply chain security and the cost of risk in North America.”
About C.H. Robinson
Founded in 1905, C.H. Robinson is a global provider of multimodal logistics services, fresh produce sourcing, and information services to 42,000 customers through a network of more than 275 offices and over 11,000 employees around the world. The company works with 56,000 transportation providers worldwide. C.H. Robinson is a Fortune 500 company and has annual revenues of over $11 billion.
Through the company and its Foundation, C.H. Robinson and its employees contribute millions of dollars annually to a variety of organizations, including the Juvenile Diabetes Research Foundation, Community Health Charities, American Red Cross, Children's Hospital and Clinics of Minnesota, and Global Impact. The company is headquartered in Eden Prairie, Minnesota, and has been publicly traded on the NASDAQ since 1997. For more information about C.H. Robinson, visit http://www.chrobinson.com.
About Verisk Crime Analytics
Verisk Crime Analytics is a leading provider of crime prevention services for retailers, manufacturers, logistics companies, equipment owners, and insurance companies and offers data and analytical support to law enforcement. Verisk Crime Analytics provides a comprehensive suite of data management, analytic, and theft prevention services that include prediction, mitigation, response, and recovery. Verisk Crime Analytics is a Verisk Analytics (Nasdaq:VRSK) company. For more information, visit www.verisk.com/crimeanalytics.