The threat of high value cargo faced by logistics companies

• Main Authors: Sativell, Thirumaal, Sabar, Rohafiz
• Format: Conference or Workshop Item
• Language: English
• Published: 2012
• Subjects: HD Industries. Land use. Labor; HE Transportation and Communications
• Online Access: http://repo.uum.edu.my/8390/1/p1355.pdf; http://repo.uum.edu.my/8390/; http://lintas.uum.edu.my:8080/elmu/index.jsp?module=webopac-l&action=fullDisplayRetriever.jsp&szMaterialNo=0000792423

The purpose of this research is the threat of high value cargo faced by Logistics Companies. Global high value cargo hijacking risks vary greatly from country to country. Cargo hijacking is defined as the in-transit theft of goods through the use of violence or threat of violence (Burges 2012).It refers to a large-scale theft such as trailers or containers and facility burglaries and robberies.Hijacking in today’s modern world has increased at an extraordinary rate.The law enforcement is busy with other global issues that they do not consider cargo hijacking as a big level threat.Due to that, the supply chain professional from logistics companies throughout the world are facing a tough task to prevent high value cargo hijacking. Supply chain professionals require a comprehensive and flexible supply chain security program in order to secure and prevent hijacking.Hijackings which have been occurring for many years throughout the world has simply taken on a different form compared to the years past.It continues to have a negative impact on supply chain efficiencies, costs and product delivery.Hijackings take place most commonly in places where gangs, including some small- time cargo theft gangs, tend to be more aggressive.