{"id":824352,"date":"2025-03-11T09:33:58","date_gmt":"2025-03-11T13:33:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/geartrack-and-verisk-cargonet-team-up-for-enhanced-cargo-theft-protection-and-recovery\/"},"modified":"2025-03-11T09:33:58","modified_gmt":"2025-03-11T13:33:58","slug":"geartrack-and-verisk-cargonet-team-up-for-enhanced-cargo-theft-protection-and-recovery","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/geartrack-and-verisk-cargonet-team-up-for-enhanced-cargo-theft-protection-and-recovery\/","title":{"rendered":"GearTrack and Verisk CargoNet Team Up for Enhanced Cargo Theft Protection and Recovery"},"content":{"rendered":"

\nNew monthly cargo security index will include insights and analytics to help shippers identify and mitigate risk
\n<\/h2>\n
\n

ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) — Cargo theft across the United States and Canada reached unprecedented levels<\/a> in 2024. To help combat this dangerous trend, GearTrack<\/a>, an intelligent supply chain management solution specializing in real-time asset monitoring and protection, and CargoNet<\/a>, a Verisk (Nasdaq: VRSK) business and the nation\u2019s leader in cargo theft recovery, intelligence, and analytics, announced a strategic collaboration today. This offering introduces a robust new layer of protection for select GearTrack customers, including 24\/7\/365 cargo recovery support and investigation support through access to CargoNet\u2019s extensive law enforcement network and communication platform.<\/p>\n

GearTrack customers can access Verisk\u2019s theft and fraud risk management tools and analytics through this collaboration, including enhanced cargo theft and fraud intelligence alerts. Furthermore, GearTrack customers will receive customized safety action plans and protection strategies based on route-specific risks, empowering them to take proactive measures. This will be accomplished through GearTrack\u2019s incorporation of Verisk CargoNet\u2019s RouteScore API<\/a>, a risk-scoring algorithm, into its platform. Based on these insights, GearTrack will make recommendations for what level of IoT solution the customer needs.<\/p>\n

The collaboration will also power new cargo safety analytics and insights, with the upcoming release of the GearTrack Cargo Security Index, powered by Verisk CargoNet<\/strong><\/a>. The monthly report will provide a comprehensive view of cargo theft trends across the U.S. and Canada, leveraging CargoNet\u2019s data along with expertise from both organizations. Featuring heatmaps and insights, the index will spotlight theft hotspots, emerging risks, and actionable intelligence and recommendations to help shippers, manufacturers, and logistics providers stay ahead of potential threats.<\/p>\n

\u201cWorking jointly with Verisk CargoNet will allow us to bring unparalleled security and intelligence to the supply chain,\u201d said Ilan Gluck<\/strong><\/a>, General Manager of GearTrack<\/strong>. \u201cIn addition to the enhanced insights we\u2019ll be providing to GearTrack customers, our forthcoming Cargo Security Index will further our mission to empower shippers with tools that not only protect their assets but also provide them with the insights needed to make smarter, safer decisions.\u201d<\/p>\n

With Verisk CargoNet\u2019s robust data and GearTrack\u2019s IoT-driven solutions, this collaboration aims to enhance the capabilities of cargo protection. By combining real-time intelligence with actionable recommendations, GearTrack and Verisk CargoNet are committed to helping customers safeguard their shipments, optimize operations, and reduce the financial impact of cargo theft.<\/p>\n

\u201cBy incorporating our extensive theft data with GearTrack\u2019s innovative tracking solutions, we\u2019re turning analytics into actionable intelligence for our shared clients,\u201d said Ryan Shepherd<\/strong><\/a>, general manager of Verisk CargoNet<\/strong>. \u201cThis collaboration empowers shippers to make informed decisions in real-time, minimizing risk along high-threat routes, and provides law enforcement with GearTrack\u2019s precise data during theft incidents. It\u2019s one more way we\u2019re contributing to the protection of valuable assets and parts of the supply chain.\u201d<\/p>\n

The collaboration will provide GearTrack customers with training for the enhanced route risk score and protection recommendation tools. Customers will also gain access to Verisk CargoNet\u2019s exclusive quarterly and annual detailed cargo theft analysis and trend reports, as well as ongoing cargo theft prevention training and education programming.<\/p>\n

The first edition of the GearTrack Cargo Security Index, powered by Verisk CargoNet, is expected to launch during Spring 2025. It will be publicly available on GearTrack\u2019s website. Sign up now<\/a> to be the first to know when the index has launched and receive a copy in your inbox.<\/p>\n

\n About GearTrack<\/strong>
\n
GearTrack is an end-to-end IoT-powered supply chain solution designed to track, monitor, and protect high-value and condition-sensitive assets in real-time. Trusted by industries from construction to consumer electronics, our platform is designed to provide asset-level tracking, alerting shippers to potential risks before they cause costly damage or delays. GearTrack helps companies stay ahead of problems, reduce downtime, and ensure on-time, in-full deliveries. To learn more, please visit GearTrack.io<\/strong><\/a>.<\/strong><\/p>\n

\n About Verisk<\/strong>
\n
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work<\/strong><\/a> and fosters an inclusive culture<\/strong><\/a> where all team members feel they belong. For more, visit Verisk.com<\/strong><\/a> and the Verisk Newsroom<\/strong><\/a>.<\/p>\n

\n Media Contacts:<\/strong>
\n
Erika Belezarian
LeadCoverage (for GearTrack)
erika@leadcoverage.com<\/a><\/p>\n

Mary Keller\u00a0
Verisk
339.832.7048
mary.keller@verisk.com<\/a>\u00a0<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

New monthly cargo security index will include insights and analytics to help shippers identify and mitigate risk ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) — Cargo theft across the United States and Canada reached unprecedented levels in 2024. To help combat this dangerous trend, GearTrack, an intelligent supply chain management solution specializing in real-time asset monitoring and protection, and CargoNet, a Verisk (Nasdaq: VRSK) business and the nation\u2019s leader in cargo theft recovery, intelligence, and analytics, announced a strategic collaboration today. This offering introduces a robust new layer of protection for select GearTrack customers, including 24\/7\/365 cargo recovery support and investigation support through access to CargoNet\u2019s extensive law enforcement network and communication platform. GearTrack customers can access Verisk\u2019s theft and fraud … <\/p>\n

Continue reading “GearTrack and Verisk CargoNet Team Up for Enhanced Cargo Theft Protection and Recovery”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-824352","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGearTrack and Verisk CargoNet Team Up for Enhanced Cargo Theft Protection and Recovery - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/geartrack-and-verisk-cargonet-team-up-for-enhanced-cargo-theft-protection-and-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GearTrack and Verisk CargoNet Team Up for Enhanced Cargo Theft Protection and Recovery - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New monthly cargo security index will include insights and analytics to help shippers identify and mitigate risk ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) — Cargo theft across the United States and Canada reached unprecedented levels in 2024. 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