It was once again another rough year for cybersecurity and freight. The main reason: ransomware attacks, in which criminals encrypt data and demand payment, sometimes in the millions of dollars, in exchange for unlocking it. Even though the U.S. government has been taking an increasingly aggressive approach to fighting ransomware, the attacks have continued. They hit companies across the supply chain, including trucking, logistics, freight factoring, freight forwarding — and even fuel...
Imagine you’re sitting at a computer. Perhaps you’re managing a fleet of trucks. Or ships. Or perhaps tendering a load of cargo, or sending customs clearance documentation. And then suddenly, things stop working. Every file has a strange extension. You can’t open anything. Then you notice a text file. It kindly explains that you’ve been the victim of a ransomware attack.
Ransomware attacks are pretty straightforward at their core. They involve a piece of software called malware that encrypts...
https://www.freightwaves.com/news/how-does-a-ransomware-attack-work
Truck driver Darwin Hershberger was preparing to transport cattle from Wyoming to Utah on Monday morning when the feedlot owner told him the load was canceled. The reason: a cyberattack on JBS, the largest meat processor in the world.
Hershberger and other truck drivers who specialize in hauling livestock have been feeling the brunt of the attack, which has disrupted operations at JBS facilities across the U.S. and Canada. The White House said it was a ransomware attack, likely by hackers in...
https://www.freightwaves.com/news/jbs-cyberattack-livestock-haulers-feel-brunt-of-plant-shutdowns
COVID-19 has disrupted supply chains but perhaps none more significantly than food and beverage (F&B). A report late last month from Resilience360, a product of DHL, found that the shutdown of manufacturing plants, changing consumer behaviors and price increases have altered F&B supply chains, at least in the near term and perhaps for the long term.
“The pandemic has exposed the vulnerabilities of an industry historically reliant on manual labor,” the report, “COVID-19 exposes vulnerabilities in...
https://s29755.pcdn.co/news/assessing-the-impact-of-covid-19-on-the-food-and-beverage-supply-chain
With the US-China trade war showing no sign of abating, CH Robinson is setting its sights on China’s booming import market.
The 3PL already controls some 364,000 teu of Chinese eexport transpacific traffic to the US, making it the largest non-vessel operator (NVO) on the tradelane.
However, according to John Chen, vice-president of CH Robinson Asia Global Forwarding, the company is keen to increase volumes tied to China’s ballooning import market, which is …
The post CH Robinson targets Chinese...
https://theloadstar.co.uk/ch-robinson-targets-chinese-import-market-consumer-spending-rockets/