Schneider Celebrates Cargo Theft-Free Year


Cargo Theft

Performance sets industry standard with zero thefts in 2014

GREEN BAY, Wis. (June 1, 2015) – For several consecutive years, Schneider has celebrated declining cargo thefts. However, 2014 marked a milestone for the premier truckload, intermodal and logistics provider: The company had zero cargo thefts last year. This is a significant accomplishment considering Schneider moved over 4 million loads in 2014.

According to Schneider’s vice president of Enterprise Security, Brian Bobo, the company has been able to beat the cargo theft odds because of its holistic, layered approach to security.

"To be successful, we can't rely solely on doing one thing flawlessly," noted Bobo. "Yes, we have the right technologies in place, but it’s just as important that our drivers and operations teams are consistently doing the right things."

Bobo also emphasizes the importance of preparing and educating drivers and owner-operators. "We apply a three-prong approach: We address expectations during on-boarding, we regularly communicate the locations and types of thefts that are occurring and we incorporate cargo theft preventable measures into our quarterly training sessions."

CargoNet, the leading cargo theft prevention and recovery company, indicates that Schneider’s performance is indeed a remarkable accomplishment.

"Schneider has shown theft decline since the beginning of our relationship in 2011," said CargoNet's Anthony Canale, general manager. "Having no cargo thefts over the last year sets the benchmark for the rest of the industry to work toward."

CargoNet’s 2014 findings indicate that the value of stolen freight across the industry increased, especially in the Food & Beverage and Pharmaceutical categories. This data demonstrates that thieves are getting smarter and more selective when targeting high-value loads.

Cargo thefts are again on the rise in 2015, increasing slightly year over year in the first quarter according to FreightWatch International.

For more information about Schneider’s commitment to freight security, please visit schneider.com/truckload/Security. For a white paper on Freight Theft Prevention, visit Schneider’s Knowledge Hub at schneider.com/KnowledgeHub/index.htm.

Additional Findings

Other key takeaways from reports recently released by CargoNet include:

  • Food & beverage accounted for 22 percent of cargo thefts within the transportation industry in 2014 – making it the most stolen commodity.
  • The average loss value of truckload thefts of pharmaceuticals in the industry increased by more than 23 percent (Schneider has not had a pharmaceutical load theft since 2004).

About Schneider

Schneider is the premier provider of truckload, intermodal and logistics services. Offering the broadest portfolio in the industry, Schneider’s solutions include Regional, Long-Haul, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Cross-Dock Logistics, Supply Chain Management and Port Logistics.

A $3.9 billion company, Schneider has been delivering superior customer experiences and safely getting it done for 80 years. For more information about Schneider, visit schneider.com or follow on Twitter: @WeAreSchneider.

About CargoNet

A division of the Verisk Crime Analytics unit at Verisk Analytics, CargoNet® helps prevent cargo theft and improve recovery rates through secure information sharing among theft victims, their business partners, and law enforcement. CargoNet is centered on a national database and information sharing system managed by crime analysts and subject matter experts. By applying a synchronized, layered approach, CargoNet exploits the weaknesses of cargo thieves at multiple points, offering a theft alert system as well as task force and investigations support.