(December 1, 2011) Austin, Texas – FreightWatch International, the world’s leading logistics security services provider, announced today it has formed an alliance with Argentinean-based logistics security company, Assist Cargo, to offer expanded cargo monitoring capabilities in Latin America.
This alliance will allow both companies to collectively expand their global footprint and expertise in the cargo visibility marketplace by providing managed services to protect high-value products in transit via land, air and sea – from Argentina to anywhere in the world.
Cargo theft in Argentina increased at an alarming rate during 2011, which almost doubled 2010 figures, with Buenos Aires Province being the hardest hit.
In economically challenging times, innovation and technology is needed to secure the supply chain. The new partnership with Assist Cargo and FreightWatch International will address these needs to ensure shipments are secure from origin to destination.
Assist Cargo and FreightWatch International will work together to deliver effective and sustainable logistics security solutions leveraging international best practices and emerging technologies that have proven success across Latin America and the world.
“FreightWatch International and Assist Cargo will improve the efficiency of its clients’ supply chains by delivering cost-effective programs that safeguard products from theft, contamination and spoilage. Assist Cargo is the most qualified partner of choice and we are proud to serve the Argentinean marketplace together,” said Barry Conlon, CEO of FreightWatch International.
About FreightWatch International:
FreightWatch International is the world leader in logistics security services, offering the only active monitoring solutions that provide organizations with complete cargo visibility from origin to destination. Using our solutions, organizations can mitigate the risks associated with theft, spoilage, counterfeiting and more. A complete inter-modal offering including cross border solutions, FreightWatch International allows companies to improve freight security and visibility from dock to stock, enabling them to streamline inventories, lower insurance premiums and reduce the impact of tainted or stolen goods entering the marketplace—all while protecting their brand value. www.freightwatchintl.com
About Assist Cargo:
Assist Cargo is the risk management market leader in Argentina. We utilize our vast network of strategic partnerships with insurance brokers to integrate risk management services into their transportation policies to improve the performance of accounts who have a high level of claims. The company has locations in Buenos Aires and Mexico City. www.assistcargo.com