Tag Archives: Cargo Theft

Long-haul trucking has become more expensive and less logistically viable, making intermodal transportation an increasingly attractive alternative. Its market growth will directly affect industrial production and commerce, impacting manufacturers and business owners. Which trends should they prepare for in 2025?

Why Intermodal Transportation Is Becoming More Common

Intermodal transportation involves moving freight by multiple modes of transportation — rail, air, road and ship. Lately, its growth has been exponential. Experts project its upward trajectory will continue. According to a Research and Markets report, the intermodal freight transportation market will reach an estimated $103.78 billion in 2028, up from $58.85 billion in 2024, achieving a compound annual growth rate of 15.2%.

The cost of long-haul trucking is among the foremost driving factors. Geopolitical issues and inescapable inflation have driven fuel prices up. The ongoing labor shortage is also compounding this problem. According to the International Road Transport Union, more than 50% of trucking companies had difficulty filling driver positions due to the shortage in 2023.

Since far fewer younger people are entering the trucking industry, the supply of skilled drivers is diminishing. Many of those who remain are demanding higher wages. Employers can either comply or lose their staff to competitors, further driving up operational expenses.

Other factors besides the high cost of long-haul trucking are driving intermodal transportation growth. For one, the e-commerce market is booming. Urbanization and an increased demand for expedited delivery support heightened manufacturing output, which drives the need for intermodal transportation. Ultimately, while these factors are core growth drivers, other burgeoning trends have moved into position to cause dramatic, abrupt changes in 2025.

Trends Pushing Intermodal Transportation Growth in 2025

Three significant trends should support positive growth for the intermodal transportation market in 2025.

Emissions Regulations Are Tightening

Various countries worldwide are getting serious about greenhouse gases. For instance, the European Union set a carbon dioxide standard for heavy-duty vehicles, targeting a 15% reduction by 2025 and a 45% reduction by 2030. These emerging environmental regulations will likely drive firms away from long-haul trucking and toward other modes of transportation.

Interest Rates May Soon Ease

The Federal Reserve may soon reduce interest rates. Experts project it could carry out two rate reductions in 2025. This forecast is not as optimistic as the previous one, which projected up to four cuts. This change may be the culprit of an abundance of caution — officials are waiting to see the impacts of President Trump’s policy changes. His handling of trade and immigration could influence their decision-making process.

The freight market will see growth if interest rates ease. In addition to rebounding from the yearslong recession, industry professionals would experience heightened borrowing capabilities. These factors could increase their resiliency to disruption and give them a unique opportunity to explore intermodal transportation.

Logistics Technologies Are Advancing

Advanced logistics and management technologies can increase supply chain visibility, making managing multiple modes of transport more accessible. With real-time tracking, edge computing, telematics and global positioning systems, intermodal transportation is not as risky as it otherwise would be. Since these solutions are becoming more powerful and affordable every year, even small business owners can leverage them.

Trends Slowing Intermodal Transportation Growth in 2025

While industry leaders hope for a meaningful upturn in 2025, these concerning trends may hold back the intermodal transportation market.

Cargo Theft Is on the Rise

The more stops and handoffs there are, the easier it is for bad actors and malicious insiders to infiltrate supply networks unnoticed. Cargo theft already increased by nearly 50% from 2023 to 2024. Would a multimodal strategy introduce carriers to a heightened risk of stolen freight? This question does not inspire confidence.

Geopolitical Instability May Worsen

Geopolitical instability often follows elections. Roughly 50% of the global population lived in countries that held a national election in 2024 — the largest election year in history. Naturally, inevitable policy and party changes lead to trade tensions and restrictions, potentially disrupting supply chains. In other words, the entire world will likely feel the effects in 2025.

The Government Might Introduce New Tariffs

A shift toward higher tariffs often results in a reduction in import and export volume. Trade restrictions are another common by-product. These obstacles could complicate the Federal Reserve’s efforts to ease interest rates, potentially slowing the growth of the multimodal transportation market.

The Far-Reaching Impacts of Intermodal Transportation

One year may not seem like a long time, but it is. By the end of 2025, interest rates, labor market logistics technologies and the geopolitical landscape could look completely different. Whether supply chains experience a recession or congestion, multimodal shipping will likely remain a rising market. However, companies and manufacturers should remain observant — the trends that influence growth may indirectly impact their profits and business opportunities.

*This article is written by Jack Shaw. Jack is a seasoned automotive industry writer with over six years of experience. As the senior writer for Modded, he combines his passion for vehicles, manufacturing and technology with his expertise to deliver engaging content that resonates with enthusiasts worldwide.

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When cargo theft occurs, the entire supply chain suffers. Manufacturers must be aware of these recent trends occurring and act accordingly to protect their assets. With smart planning, businesses can adequately thwart thieves and safeguard their employees. Here are considerations for manufacturers to move in the right direction.

1. Understanding the Most Significant Risks

First, companies should understand the specific threats to which they are most vulnerable. The most immediate danger could be trucks in unsecured areas where thieves can quickly access them. In other instances, manufacturers may see organized crime targeting highly valued goods. Regardless, business owners need to acknowledge their weaknesses.

Researchers have investigated risk influential factors (RIFs) to determine the most damaging aspects. A 2022 study published in Reliability Engineering and System Safety developed a data-driven Bayesian network model to predict and diagnose cargo theft. The experts said product category, year, region, location type and modus operandi are the most significant RIFs. Therefore, manufacturers should be aware of these guidelines.

2. Leveraging Advanced Algorithms

Improving cargo security has become more challenging due to increased attack surfaces and opportunities for outside threats. In response, manufacturers must leverage advanced technologies like artificial intelligence (AI) and machine learning (ML) to protect their assets. Algorithms are excellent tools for business owners because they reduce the theft risk when transporting goods on the road.

A 2024 study published in Computers and Industrial Engineering used a physical internet-based analytic model to combat rising cargo theft. The researchers used real-world scenarios in their experiments to understand the benefits and drawbacks. Their model determined the risk of different product types based on their specific routes, allowing them to better understand the threshold where shipments become vulnerable to criminal organizations.

3. Using the Internet of Things (IoT)

IoT devices are critical for management operating systems (MOS) because they enhance software and hardware capabilities. With these gadgets, manufacturers can improve productivity and financial performance. IoT research is also critical for securing cargo through each step of transit. For instance, GPS technology provides real-time knowledge of each shipment.

Manufacturers should take advantage of IoT because it can be present with the device and around the facility. Smart cameras are an excellent example because business owners can remotely monitor the feeds and promptly take action. Advanced technology also lets manufacturers take extra steps to protect their cargo. Smart locks with biometric recognition are a vital safeguard against thieves.

4. Improving Cybersecurity Practices

Cargo theft increased by 46% in the first quarter of 2024 compared to the same time in 2023. CargoNet reported 925 incidents in the quarter, emphasizing the need for heightened security tactics. While physical barriers are necessary, manufacturers should also improve their cybersecurity practices. Internet crime is equally damaging to companies and could be more challenging to predict.

Ransomware attacks are among the most pivotal for manufacturers, considering their frequency. A 2022 IBM report found that 23% of these incidents affected manufacturing, making it the most targeted industry. Preventing ransomware attacks entails basic to advanced cybersecurity tactics, such as multifactor authentication, anti-malware software and software updates.

5. Selective Supplier Partnerships

Some manufacturers outsource specific tasks to reduce overhead and strengthen their bottom line. In addition to these partners, companies must watch other links in the supply chain. Businesses should monitor supplier relationships to ensure security — otherwise, they risk lost revenue and downtime while fixing errors.

Supplier relationships start with background checks and regular audits. Manufacturers must ensure these partners do their best to detect and address vulnerabilities. Business owners should find companies with pertinent industry certifications like C-TPAT if applicable. Monitoring should continue throughout the relationship with consistent communication and key performance indicators (KPIs).

6. Properly Training Employees

While suppliers can be security liabilities, it’s equally essential for manufacturers to monitor their employees. Workers may willingly or unknowingly contribute to cargo theft through their actions, so businesses should protect them from themselves. First, company leadership should train employees on best security practices, such as reporting procedures and proper loading.

Then, the company should focus on internal theft from its workers. Experts say over 75% of employees have stolen from their employer at least once. Therefore, robust internal measures should be in place to prevent theft. Mitigating employee stealing includes restricting access control and using biometric scanners. Business owners could also encourage workers to be vigilant of suspicious activity.

7. Controlling Supply Chain Aspects

Ultimately, it’s up to manufacturers and business owners to control as many supply chain aspects as possible. Internal audits are a valuable tool because they reveal gaps in shipments and where theft has potentially occurred. Once a company understands its insufficiency, leadership teams can act accordingly. Businesses should audit their inventory, security and other critical business features.

Supply chain professionals should also regain control in areas they may consider less secure, such as transit. Highways and oceans provide plenty of unknowns, so businesses must protect their cargo before, during and after the route. Besides GPS devices, forward-thinking companies wield electronic seals, telematics devices, light sensors and other tech.

Tackling Theft and Protecting Assets

The rise in cargo theft should alarm manufacturing professionals and business owners. Outside threats have become more sophisticated through physical and cybersecurity risks. While crimes have increased, manufacturers should proactively combat thieves. Leadership teams should scrutinize suppliers, employees and other aspects of the supply chain to ensure safety.

*This article is written by Jack Shaw. Jack is a seasoned automotive industry writer with over six years of experience. As the senior writer for Modded, he combines his passion for vehicles, manufacturing and technology with his expertise to deliver engaging content that resonates with enthusiasts worldwide.

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