Performance sets new company record, marks fifth consecutive year of bucking industry trend

Green Bay, Wis. (April 11, 2012) — Last year, the overall number of stolen freight incidents that occurred throughout the U.S. increased by 8.3 percent, according to FreightWatch’s International 2011 Annual Cargo Theft Report. Yet Schneider National, a premier provider of truckload, intermodal and logistics services, reported a 35 percent decrease in cargo theft rates — the largest drop in the company’s history.

While the national cargo theft rates rise, Schneider continues to buck the trend year after year owing to its multilayered approach consisting of proactive communication with shippers and Schneider drivers and owner-operators, methodical procedures, and top-notch technology, says the company’s director of Loss Prevention and Enterprise Security, Walter Fountain, CPP, CCSP. A critical component of the company’s security plan is its capacity to move high-value loads by a team of drivers, which ensures freight is moving constantly and is far less susceptible to thieves.

“The number-one theft countermeasure is communication. By understanding the ins and outs of the freight we’re shipping and how we engineer the loads, we are able to drastically alleviate risk as a fully synchronized team with our customer,” he explains.

Fountain, who is the current chairman of the American Trucking Associations’ Supply Chain Security and Loss Prevention Council, also stresses the importance of preparing and educating drivers and owner-operators. “There are really three legs to this: we address expectations during onboarding; we regularly communicate the locations and types of thefts that are occurring; and we incorporate cargo theft preventable measures into our quarterly training sessions.”

In addition to proactive communication, Fountain noted there’s another layer that plays an important role in preventing theft incidents from occurring: technology. “We’ve seen that a combination of high-tech and low-tech security measures working together make a significant difference when it comes to freight security,” Fountain said. Piloting new security products, satellite tracking on tractors, trailers and containers, 24/7 security monitoring, and high-security locks and seals on loads are all part of Schneider’s approach to security.

Other key takeaways from reports recently released by leading security firms FreightWatch, CargoNet, and Supply Chain-Information Sharing and Analysis Center (SC-ISAC) include:

•    Weekend and holiday thefts have traditionally been a strong area of concern for shippers and carriers. Holiday thefts alone increased by 61 percent in the U.S. last year.
•    High-value loads have historically been a major concern for the electronics industry. Although the number of theft incidents in the electronics sector decreased by more than half since 2006, it still accounts for nearly one-fifth of all cargo thefts reported.
•    The value per pharmaceutical cargo theft in the U.S. dropped significantly in 2011, despite recording theft incidents that averaged between $3.5 million and $4 million in previous years.

Schneider’s Commitment to Supply Chain Security Recognized
Further evidence of Schneider National’s security prowess is its recent inclusion in Security Magazine’s “500 Top Security Organizations” list. Recognizing the impact security plays in businesses’ bottom lines across multiple industries, Security Magazine has developed this annual list (which ranks top corporate, commercial, institutional and government security operations) since 2006. For the second year in a row, Schneider ranked in the top 10 in the Transportation, Logistics, Supply Chain, Distribution and Warehousing category. The magazine computed its results on the basis of survey data and research of the most intense industries and organizations facing significant risk and requiring aggressive risk mitigation strategies.

For more information about Schneider National’s commitment to freight security, please visit www.schneider.com/truckload/Security. For a case study, white paper, PowerPoint and podcast on Freight Theft Prevention, visit Schneider National’s Knowledge Hub at http://www.schneider.com/KnowledgeHub/index.htm.

About Schneider National, Inc.
Schneider National, Inc. is a premier provider of truckload, logistics and intermodal services. Offering the broadest portfolio of services in the industry, Schneider’s solutions include Van Truckload, Dedicated, Regional, Bulk, Intermodal, Transportation Management, Supply Chain Management, Warehousing and Port Logistics services.

A $3.4 billion company, Schneider National has provided expert transportation and logistics solutions for over 76 years. For more information about Schneider National, visit www.schneider.com.


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