Overhaul acquires supply chain security firm SensiGuard

With a goal of expanding its international reach, Overhaul recently acquired cargo theft monitoring platform SensiGuard.

With the acquisition, Overhaul looks to gain more market share in the global supply chain security space by adding established offices in Brazil, Mexico and the Czech Republic.

Overhaul is a software-based, supply-chain visibility, risk, compliance and insurance solutions provider based in Austin, Texas.

“We’re merging our U.S. operation with our operations in Dundalk, Ireland,...

Mexico averaged 39 cargo thefts a day in November

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The highways of Mexico continue to be risky for truckers as cargo thefts rose 4.5% year-over-year...

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https://www.freightwaves.com/news/white-paper-dynamic-risk-mitigation-for-in-transit-cargo

Cargo theft on the rise

Cargo theft increasing heading into holidays

The COVID-19 pandemic has provided an opportunity for cargo thieves, with third-quarter thefts increasing each month year-over-year, according to data from CargoNet.

The Verisk Analytics-owned data firm, which tracks cargo thefts, found that combined, there were 319 reported cargo thefts in Q3 this year, compared to 259 in Q3 2019. September saw a 26.92% increase year-over-year.

CargoNet found a similar theme in Q2 as well. Thefts in Q2 increased 371 in 2020, with a 91.43% year-over-year increase...

https://www.freightwaves.com/news/cargo-theft-on-the-rise

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