Spot Bolsters Security Measures, Joins Verisk’s CargoNet to Combat Cargo Theft

May 16, 2024

https://www.prnewswire.com/news-releases/spot-bolsters-security-measures-joins-verisks-cargonet-to-combat-cargo-theft-302147821.html

INDIANAPOLIS, May 16, 2024 /PRNewswire/ — Spot, a North American logistics leader, has joined CargoNet®  from Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, to fortify its defenses against a surge in cargo theft. This strategic alliance leverages secure data sharing, investigative expertise, and advanced risk analysis to safeguard Spot’s customers and maximize cargo recovery rates. Cargo theft in the United States skyrocketed by over 57% in 2023 compared to 2022, according to CargoNet, a Verisk business, with a further 68% increase in the fourth quarter alone.

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