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The Great Supply Train Robbery

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Manage episode 430686786 series 3317274
Content provided by Kelly Barner and Art of Procurement. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kelly Barner and Art of Procurement or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

According to reporting in the New York Times, about 20 million containers travel through the ports of Los Angeles and Long Beach California annually. Those containers are full of goods that need to travel to warehouses, stores, and consumer homes by truck and rail.

Unfortunately, a growing percentage of those goods never arrive, thanks to a sharp uptick in cargo theft. As Supply Chain Brain has reported, U.S. cargo thefts were up 9 percent year-over-year in 2023, with an additional increase at the end of the year.

The increase in rail cargo theft has significantly impacted Union Pacific and their customers, leaving literal debris fields around their tracks in the Los Angeles area.

In this week’s episode of Art of Supply, Kelly Barner covers the complexity and loss stemming from rampant rail container theft:

  • Why trains leaving Los Angeles and Long Beach are particular targets for theft
  • How Union Pacific is (and is not) attempting to stem the losses
  • Why divisions between public and private security are creating an opening that thieves are eager to exploit

Links:

  continue reading

129 episodes

Artwork
iconShare
 
Manage episode 430686786 series 3317274
Content provided by Kelly Barner and Art of Procurement. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kelly Barner and Art of Procurement or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

According to reporting in the New York Times, about 20 million containers travel through the ports of Los Angeles and Long Beach California annually. Those containers are full of goods that need to travel to warehouses, stores, and consumer homes by truck and rail.

Unfortunately, a growing percentage of those goods never arrive, thanks to a sharp uptick in cargo theft. As Supply Chain Brain has reported, U.S. cargo thefts were up 9 percent year-over-year in 2023, with an additional increase at the end of the year.

The increase in rail cargo theft has significantly impacted Union Pacific and their customers, leaving literal debris fields around their tracks in the Los Angeles area.

In this week’s episode of Art of Supply, Kelly Barner covers the complexity and loss stemming from rampant rail container theft:

  • Why trains leaving Los Angeles and Long Beach are particular targets for theft
  • How Union Pacific is (and is not) attempting to stem the losses
  • Why divisions between public and private security are creating an opening that thieves are eager to exploit

Links:

  continue reading

129 episodes

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