Database fights cargo theft

Better means of sharing cargo theft information came online this week. Freight carriers, shippers, insurers and law enforcement are collaborating on maintaining a database and secure network to help law enforcement react faster when thefts occur.

The database, called CargoNet, will also aid in developing intelligence on theft locations, the type of goods stolen, and the freight modes being targeted. It's the latest of recent steps taken by shippers, transporters, insurers, drugmakers and law enforcement to halt the rise in cargo theft, as reported earlier.

To help those reluctant to report thefts--due to concerns about company reputation or an insurance-premium boost--all member companies provide information, but only law enforcement gets to see the specifics. The system masks details from insurers and other members.

- see the article

Suggested Articles

Teva will produce its new migraine drug at a plant in Israel and more news of note.

The shortage of childhood cancer drug vincristine was front and center during the Senate hearing for Stephen Hahn, nominee for FDA commissioner.

The FDA has lambasted the Torrent Pharmaceuticals in a warning letter for making OTC meds using water tainted with bacteria.