Penske Logistics has added another tool to improve an already robust freight management security program by joiningCargoNet. This new initiative will aid Penske customers by decreasing cargo theft and improving recovery rates by plugging into the company’s expansive network.
CargoNet uses a national database and information-sharing system managed by crime analysts and subject-matter experts.
“CargoNet gives us greater visibility across different states and regions of the United States,” explained Aaron Henderson, Penske’s director of loss prevention.
This private network helps fill information gaps that exist at the local, state and federal level by issuing regional watch list alerts for heightened theft-related criminal activity.
“Now when an existing customer requires deliveries into previously unknown areas, or new customers are establishing their delivery footprints, CargoNet will identify hot spots of crime, and we can adjust accordingly,” Henderson elaborated.
In the event that a theft does occur, CargoNet can aid Penske in working with law enforcement agencies that specialize in cargo recovery, to secure a quick return of the customer’s goods.
CargoNet is a division of Verisk Crime Analytics.
By “Move Ahead” Staff
The logistics industry has continued on a path of slow growth over the last several years as it has worked through the Great Recession. While 2013 was more of the same, the data for 2014 indicate a more bullish outlook as the sector is showing its strongest freight performance since 2009.
Truck Driver Shortage Fueling Growth and Challenges
What’s more, as costs continue to rise, particularly to attract and retain existing drivers, the industry is experiencing a rising number of trucking failures, further straining capacity.
Penske Logistics has earned additional business with 
The 114-door facility has 93,850 square feet of loading-dock space and 7,320 square feet of office space. When operating at full capacity, the site is expected to process millions of pounds of freight on a weekly basis to support Ford’s assembly, powertrain, stamping, service parts, and reverse logistics operations.
Today at the National Press Club in Washington, D.C., The Council of Supply Chain Management Professionals (
Compared to 2012, the water sector’s performance improved, rising 4.5 percent. Ocean carriers continue to expand available space as larger containers ships are delivered, and new alliances and operational controls are improving their balance sheets.
Penske Logistics received a silver award meaning the company’s performance ranked in the top 15 percent of all qualifying suppliers.
Prior to beginning a third-party logistics outsourcing arrangement it is important to take a critical look at what is going on in your business and its supply chain network. These 10 tips can help you and your logistics partner collaborate better and achieve your desired savings, efficiency gains and process improvements.
6. Take inventory of well, your inventory. Are you aware of inventory deployment or product fulfillment issues in your supply chain network? How important is inventory cost in the overall supply chain equation? What about safety stocks? Are they too high?
