J.B. Hunt Transport Services Inc. was recently awarded Verisk CargoNet’s Best in Cargo Security recognition for its preventive measures, program engagement, and response preparedness to address cargo theft in real time throughout 2023.
“We are continually working to ensure our customers’ freight is as secure as possible,” said Spencer Frazier, executive vice president of sales and marketing at J.B. Hunt. “This award from Verisk CargoNet reflects the efforts of our safety, security and technology teams – some of the most talented and innovative people in the industry - to drive solutions that help customers mitigate risk, keep their cargo secure, and manage through the current freight environment.”
J.B. Hunt has worked with Verisk’s CargoNet team for more than a decade. CargoNet’s database helps ensure that theft is reported accurately and in a timely manner, alerting law enforcement and other CargoNet members in the event of an incident. Focused on augmenting clients’ security program, CargoNet is part of Verisk, a global data analytics and technology provider.
J.B. Hunt’s security organization recorded a 99.99% theft-free rate for full loads in 2023. The company has technology and analytics in place that can detect many types of carrier fraud and, in some cases, prevent cargo theft before the load is ever picked up. Additionally, J.B. Hunt said it has expanded its security efforts to include a 24/7 Security Operation Center for monitoring and protecting high-value and high-risk freight. The company said it has also enhanced teams that specialize in supply chain security, investigations, and asset protection and recovery to provide real-time prevention, detection and intervention when threats are detected.
Organized cargo theft has risen to one of the top industry concerns for shippers. According to CargoNet, more than 2,800 events were recorded across the United States and Canada in 2023, a 59% increase year-over-year. More than 60% of those involved theft of a full or part of a shipment with an average estimated value of $188,617 per event and an estimated total of $331.9 million.
Texas college expands CDL program
Kilgore College held the official ribbon cutting for its new KC Transportation Institute on Aug. 14.
The completed project consists of a large driving training track, multi-classroom facility and warehouse training building as part of a major expansion of the college’s CDL training program.
The new complex is located at 4931 FM 349 in Kilgore – next to the Texas Department of Public Safety Commercial Driver’s License Testing Office.
KC’s collaborative partnership with the Kilgore Economic Development Corporation (KEDC) resulted in securing the tract of land.
The college also worked closely with the City of Kilgore in the planning and layout of the project.
MHS Planning of Tyler and Potter Design, Ltd., of Longview served as architects for various phases of the project that was constructed by RLM General Contractors.
Kilgore is located about 72 miles west of Shreveport, Louisiana.
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