How are supply chain leaders responding to the growing challenge of cargo theft in 2024?

In this episode, hosts Scott W. Luton and Karin Bursa are joined by Richie Daigle, Enterprise Account Executive at Tive, to discuss the alarming rise in cargo theft—up 50% this year—and the steps companies are taking to protect their freight. Richie shares how Tive’s real-time tracking technology is enabling businesses to secure shipments, minimize disruptions, and ensure goods arrive on time and intact.

The conversation includes real-world examples of how businesses are using data to tackle both accidental and intentional risks in the supply chain. Richie highlights the importance of strong partnerships with suppliers and carriers, the critical role that buyers play in procurement, and how technology is reshaping supply chain visibility. Learn actionable steps to help safeguard your shipments and reduce losses in today's unpredictable supply chain environment.

Jump into the conversation:

(00:00) Cargo theft trends in 2024 and its impact on supply chains

(05:51) Richie Daigle’s professional journey and Tive’s mission

(09:17) How cargo thieves are using technology to target shipments

(16:17) The critical role of buyers in mitigating supply chain risks

(22:33) Building trust and strong relationships in supply chain security

(24:58) Real-world example: Reducing costs in the automotive industry with Tive

(26:34) Leveraging technology to address supply chain risks

(29:31) The importance of awareness: Known vs. unknown risks

(35:19) Actionable steps for supply chain leaders to protect their freight

Additional Links & Resources:

• Cyber Scams & High-Tech Heists: Securing Freight in the Age of Strategic Cargo Theft: https://bit.ly/3XqVLQG
• Connect with Richie Daigle: https://www.linkedin.com/in/richiedaigle/
• Learn more about Tive: https://www.tive.com/
• Connect with Karin: https://www.linkedin.com/in/karinbursa/
• Connect with Scott: https://www.linkedin.com/in/scottwindonluton/
• Learn more about Supply Chain Now: https://supplychainnow.com
• Watch and listen to more Supply Chain Now episodes here: https://supplychainnow.com/program/supply-chain-now
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• WEBINAR- Mastering Shipping: Insider Tips for Reliable and Cost-Effective Deliveries: https://bit.ly/3XdC3t5
• WEBINAR- Creating the Unified Supply Chain Through the Symbiosis of People and Technology: https://bit.ly/3XDtrej
• WEBINAR- Defending Your Business from Ransomware and Cyber Threats: https://bit.ly/4d0VGcf
• WEBINAR- End-to-End Excellence: Integrating Final Mile Logistics: https://bit.ly/3ZlpE7U
• WEBINAR- AI for SMBs: Unlocking Growth with Netstock's Benchmark Report: https://bit.ly/3AWtoCD

This episode was hosted by Scott Luton and Karin Bursa. For additional information, please visit our dedicated show page at: https://supplychainnow.com/unpacking-cargo-security-defining-puts-freight-risk-1329