Penske Logistics Joins CargoNet to Enhance Supply Chain Security
 

READING, Pa., July 16, 2014 - Penske Logistics has joined CargoNet to enhance its existing freight management security practices for its shipper customers. CargoNet helps prevent cargo theft and improves recovery rates through secure and controlled information sharing among theft victims, their business partners and law enforcement officials. CargoNet uses a national database and information-sharing system managed by crime analysts and subject-matter experts. CargoNet is a division of Verisk Crime Analytics.

"We joined CargoNet to provide us with greater visibility across different states and regions of the United States," explained Aaron Henderson, Penske's Director of Loss Prevention. "It allows us to better identify areas that require additional security and when a theft does take place we're able to move quickly to recover the assets."

"We are pleased to see Penske Logistics support the CargoNet program," said Anthony Canale, CargoNet General Manager. "A company such as Penske, which already has a robust security program in place, understands that CargoNet membership provides an additional dimension to their existing prevention and recovery strategies."

A leading provider of crime prevention services to retailers, manufacturers, logistics companies, equipment owners, and insurance companies, Verisk Crime Analytics also offers data and analytical support to law enforcement. Verisk Crime Analytics provides a comprehensive suite of data management, analytic, and theft prevention services that include prediction, mitigation, response, and recovery.

For more information, visit www.verisk.com/crimeanalytics.