Retail Logistics Provider Recognized for Security Process and Technology Leadership
HASBROUCK HEIGHTS, NJ (April 17, 2013)--National Retail Systems, Inc. (NRS), a leading provider of logistics services to U.S. retailers, pharmaceutical companies, and consumer goods manufacturers, has been awarded the "Best in Security" Award for 2012 by CargoNet, the cargo theft database and information sharing division of Verisk Crime Analytics. Verisk Crime Analytics is a unit of Verisk Analytics (Nasdaq:VRSK).
NRS was presented the top award in the Motor Carrier Category for companies with less than $1 billion in annual revenue. Various factors were considered as criteria for the award, such as the willingness and ability to commit resources to security, standard operating procedures and best practices, as well as the extent of utilization of the CargoNet program.
"CargoNet is excited to name NRS 'best in security' winner in our inaugural awards," said Anthony Canale, general manager, CargoNet. "We're committed to helping companies like NRS protect their cargo and drivers through improvements to supply chain security and communications. When we see a company match that commitment, we're proud to recognize it."
The purpose of CargoNet is to prevent cargo theft and increase recovery rates of stolen merchandise through secure and controlled information sharing among theft victims, their business partners, law enforcement and the National Insurance Crime Bureau (NICB). The database was developed in 2009. It uses case management and analytic functions that enhance the effectiveness of cargo theft task forces. The network also encompasses training and investigative support for law enforcement, as well as theft prevention services and analytics. NRS joined CargoNet as a charter member in July 2010.
"CargoNet has proven to be a useful tool in the battle to prevent cargo theft and improve recovery of stolen assets," said John Tabor, Director of Supply Chain Security for NRS. "Our claims record - or lack thereof - is a testament to the commitment our management team places on security, and we're always willing supporters of programs to stop and prosecute theft."
National Retail Systems Inc. has been developing innovative logistics solutions specifically designed for U.S. retailers and consumer product manufacturers since 1953. The company operates a national network of distribution centers, terminals, trucks and equipment focused on one goal - delivering efficient and reliable logistics services to America's leading brands. NRS delivers competitive supply chain advantage - from factory all the way to the store - offering import management; transload; distribution and warehousing; DC bypass; nationwide full-truckload and LTL transportation; pool point services; dedicated fleets; yard management; and store delivery. For more information, visit www.nationalretailsystems.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 unit of Verisk Analytics (Nasdaq:VRSK). For more information, visit www.verisk.com/crimeanalytics.