Niels Pas On How Cargo Security Must Shift from Compliance to True Prevention

Source: International Business Times

Niels Pas Recent data from the United States points to a sharp rise in cargo theft, with reported losses in the hundreds of millions and estimates suggesting the true cost may approach or exceed $1 billion annually, driven by organized criminal networks using increasingly sophisticated tactics. High-value shipments are being targeted with precision, and supply chains are under increasing pressure from significant financial losses. For Niels Pas, CEO of Hoefon Security Seals, this trend signals a deeper structural issue within the industry itself.