What is the single largest cause of cargo loss?

The significant cause of cargo loss is theft, which can occur at various points in the supply chain, including during transportation, storage, and handling. Theft can be attributed to various factors, such as inadequate security measures, lack of surveillance, or insider threats in the distribution system. The impact of theft goes beyond just the loss of physical goods; it can also lead to increased costs for businesses due to higher insurance premiums, loss of customer trust, and potential legal liabilities.

While natural disasters, improper packaging, and insufficient insurance can lead to cargo loss, theft consistently emerges as the most prevalent issue in logistics and transport. This underlines the importance of implementing robust security protocols and risk mitigation strategies to protect cargo throughout its journey. Effective security measures, such as tracking systems and secure facilities, can greatly reduce the incidence of theft and, consequently, the associated losses.