In the latest episode of "The FreightCaviar Podcast", we sit down with Grace Maher and Jonathan McCormack of OTR Solutions. They shared their take on the current freight market, freight fraud, and talked about OTR's new platform for carriers.
AI agents are loud. Levity’s automation gets things done. Learn why freight ops need workflows, not hype.
Plus, Landstar delays Q1 earnings report due to massive fraud hit, witness tied to truck crash scheme murdered, UPS to cut 20K jobs amid Amazon pullback, and more.
As US companies shift from China to Mexico, a surge in cargo hijackings threatens to derail the nearshoring bonanza.
Mexico's booming as American companies ditch China, though at the same time organized crime has been cashing in. The Hustle broke down some of the key stats when it comes to all the crime that has been creeping up as of late within the Mexico-US freight industry.
"The fortunate ones get to live, they are let go somewhere," says Beto Lopez, ANTAC trucking chamber Vice Chairman.
"Given Mexico's truck hijacking epidemic, it is a hard sell to entice companies to invest further south," warns Ryan Berg, CSIS Latin America expert.
And, of course, trucking companies are worried about running routes through the country: "Everybody [is] worried about theft," Matt Silver, CEO of Cargado, explained.
Adriana Pulley
The nearshoring boom's potential hangs in the balance as Mexico grapples with this critical security challenge. While Mexico is trying to continue its growth with the freight industry, something has to be done with the crime rate if more progress is to be made.
Source: The Hustle
A behind-the-scenes look at Rapido Solutions, the rise of Guadalajara’s freight scene, and why nearshoring in Mexico is all about building real relationships.
Recent incidents in NJ and Chicago reveal bold new tactics in cargo theft. Experts warn of increasing violence as $1M+ meat heist ring busted and driver narrowly escapes confrontation.
Recent seafood thefts in New Jersey and Pennsylvania total over $350,000. The industry is on high alert as logistics crimes surge in 2024.
CargoNet warns of rising Labor Day cargo theft risks. Here are some hotspots, targeted items, and security tips to safeguard your shipments this holiday weekend.
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