Bobby Strenk of SecurSpace & Ron Greene of Overhaul talk about cargo theft - the biggest challenges & trends, and best ways to keep your shipments safe.

451: Cargo Theft is a $700+ Million Problem. What Can Shippers and Carriers Do?

Today I’m joined by CargoWise Landside, the leading cloud-based supply chain product that believes excellence in container drayage starts with the right software.

CargoWise Landside’s suite of logistics solutions are built to power the movement of containers by road, rail, and container exchange. Ushering in a new era of container efficiency, Landside is designed to streamline your drayage operations, from order intake to billing, for maximum efficiency and success, all on one powerful platform.

Today Bobby Strenk, Senior Director of Marketplace at SecurSpace, part of WiseTech Global, and Ron Greene, EVP of Risk and Intelligence at Overhaul, will be talking all about the huge issue of cargo theft. We’ll be shining a light on the latest theft trends and tactics, and what we can expect in the future. We’ll be exploring what shippers can do to mitigate risk, and how storage and parking providers can boost security. And we’ll be sharing how SecurSpace and Overhaul can help keep your shipments safe.

 

Guest bios:

Bobby Strenk, Senior Director of Marketplace at SecurSpace, part of WiseTech Global. Robert Strenk is the Senior Director of Marketplace, leading commercial operations for a digital marketplace within WiseTech Global, a global logistics technology company. A palpable force of innovation and optimization, Robert has scaled and operated SecurSpace, a novel industrial outdoor storage (“IOS”) procurement tool, transforming intermodal equipment storage within the supply chain and transportation vertical. Achieving high revenue growth multiples has been a ubiquitous accomplishment under Robert’s leadership, derived from the scalable user acquisition engine that he developed. Robert has deep industry knowledge within the industrial outdoor storage asset class;moreover, he is an expert within utilization trends, market dynamics and stakeholder relationships. His interests include building and scaling businesses, optimizing and institutionalizing processes, forming highly capable teams and the continued development and evolution of the IOS asset class.

Ron Greene, EVP, Risk and Intelligence at Overhaul. Ronald Greene brings over 25 years of experience in the security and risk management industry, with a specialized focus on cargo theft mitigation. With degrees in Engineering, Economics, and a Master’s in Business Administration, Ronald combines his technical knowledge with practical expertise to tackle the complexities of supply chain security. Throughout his career, Ronald has been dedicated to developing effective risk management strategies. At First Advantage Corporation, he worked as a lead consultant, building risk models for global logistics operations and supporting Fortune 50 companies. His hands-on approach and collaborative spirit helped these organizations enhance their security measures significantly. Ronald also spent seven years as the President of FreightWatch International, where he led efforts to improve logistics security on a global scale. His time at FreightWatch was marked by a commitment to innovation and a genuine desire to protect the integrity of supply chains. As a founder and the Executive Vice President of Risk and Intelligence of active supply chain risk management firm, Overhaul, Ronald continues to focus on creating practical, technology-driven solutions for risk management. He takes pride in working alongside a talented team to develop software that helps businesses safeguard their operations and respond effectively to emerging threats.

 

IN THIS EPISODE WE DISCUSS:

 

[05.38] An introduction to Bobby and SecurSpace, and Ron and Overhaul.

[07.54] Exactly what cargo theft is, the different types, and the trends to look out for.

“There’s a whole new world in cargo theft. We’re three years into a significant spike in cargo theft, and the US takes the lead in how much it’s increased… There’s been an expansion of theft techniques and a lot of criminal organizations, that historically weren’t in the cargo theft space, have jumped in with both feet.”

[10.09] The current scope of the cargo theft problem, and why gathering data to measure it accurately is problematic.

[13.13] The future of cargo theft, and why it’s going to continue to rise.

“It’s going to take a collaborative industry, plus government and associations, joining forces to curb this issue.”

[14.47] What shippers can do, from a people perspective, to mitigate freight theft and risk, and why organizations need to focus on security through compliance.

[21.35] How technology and security can help shippers mitigate risk and prevent theft.

[25.25] Why secure parking and storage is so important, and what organizations should look for in a secure yard.

[30.54] How providers can better secure their yards.

“What are you doing at your facility, what is your infrastructure, and how does it compare to the gold standard? Not every yard needs to be Fort Knox, so take a ‘good, better, best’ approach.”

[35.03] How shippers, and their 3PL partners and carriers, can better secure their freight in-transit.

“Everybody, the entire organization from the top to the bottom, needs to adhere to a security culture… Building a safety culture is what the industry has to do to help mitigate this problem.”

[38.44] Why freight at rest is at risk, and what companies can do to secure it.

[43.03] How SecurSpace helps customers with their growing national network of secure parking and storage.

[46.18] The role Overhaul play in protecting cargo for their customers.

 

RESOURCES AND LINKS MENTIONED:

 

Head over to CargoWise Landside’s website to find out more and discover how they could help you too. You can also connect with CargoWise and keep up to date with the latest over on LinkedInYouTubeX (Twitter) or Facebook,or you can connect with Bobby or Ron on LinkedIn.

If you enjoyed this episode, you’re in luck! We have lots more content from CargoWise, SecurSpace and Overhaul:

Check out our other podcasts HERE.

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