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Jun 12, 2010

Truck Cargo Theft * USA - Freightwatch, Qualcomm Aim to Fight Against

Companies launch covert freight-monitoring service for high-value freight

Austin,TX,USA -The Journal of Commerce Online, by William B. Cassidy -Jun 9, 2010: ... Global cargo security firm Freightwatch is launching a covert freight tracking service in the U.S. with Qualcomm, the satellite communications and equipment tracking giant... The partnership joins Freightwatch’s custom logistics security systems with Qualcomm’s satellite-based equipment tracking technology used by many motor carriers... Cargo theft rose last year as the economy slumped, according to Freightwatch. Electronics theft climbed 12 percent and accounted for 23 percent of all incidents... The companies will produce intelligence reports on cargo theft trends, including popular stolen items, changes in average loss value, gang activity and theft by location...

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