GenLogs Launches Free Initiative to Tackle $800 Million Freight Theft Problem with 3-Step Technology
Tia Amin
Table of Contents
Freight theft costs the logistics industry over $800 million annually, creating significant challenges for carriers, brokers, and shippers. To combat this growing issue, GenLogs, a leading asset intelligence platform, has launched a free investigative service that aims to revolutionize asset recovery. This groundbreaking initiative utilizes counterterrorism-inspired technology and AI to recover stolen equipment and prevent future theft.
How the Free Service Works
GenLogs’ service uses a 3-step counterterrorism methodology called “Find-Fix-Finish,” developed by a team of former U.S. national security professionals. This approach, previously used to track high-value targets, is now applied to the freight industry with remarkable success.
- Find Assets:
A nationwide network of roadside sensors, cameras, and geospatial intelligence pinpoints the last known location of stolen equipment. - Fix Alerts:
The system activates real-time tracking, providing constant updates on the missing asset’s movement. - Finish Recovery:
GenLogs works closely with law enforcement and industry partners to recover the asset and dismantle theft rings.
In addition to recovering stolen property, GenLogs provides insights into patterns of theft, helping the industry proactively mitigate risks.
For a deeper understanding of cargo theft trends, visit the CargoNet website for additional statistics and resources.
Proven Success in the Freight Industry
In the last four months alone, GenLogs has recovered over 400 stolen trailers, saving carriers, brokers, and shippers significant losses. By offering its investigative service for free, the company builds trust and fosters cooperation across the logistics sector.
“If an owner-operator has their truck or trailer stolen, their entire livelihood is at risk. At GenLogs, we’re committed to supporting the industry during these challenging times,” said Ryan Joyce, co-founder and CEO of GenLogs.
This dedication to protecting livelihoods is at the heart of the company’s mission. Industry leaders like Werner Enterprises have praised the platform’s ability to enhance asset recovery and operational efficiency.
Ben Murphy, Vice President of Maintenance and Equipment at Werner Enterprises, remarked:
“GenLogs technology has provided us with an advanced tool for locating the needle in the haystack, helping our team identify who is using our trailer and improving recovery time.”
The Technology Behind GenLogs
GenLogs’ system combines roadside sensors, AI, and geospatial intelligence to provide unparalleled visibility into asset locations. Unlike traditional methods, this technology collects actionable data while ensuring privacy by excluding personal driver information.
The platform’s origins in national security give it a unique edge. Ryan Joyce, a former CIA operations officer, described its effectiveness:
“In one of my field tours, our ops center used 24/7 drone streams to track a single person within a country of 250 million. Now, we apply the same logic to track one truck out of 10 million in the USA.”
Stellar Logistix: Your Partner in Secure Logistics Solutions
At Stellar Logistix, we prioritize security and efficiency in the supply chain. By supporting innovative solutions like GenLogs, we ensure that our clients benefit from cutting-edge technology to protect their assets and streamline operations.
With a focus on building trust and reliability, Stellar Logistix is committed to providing tailored solutions that align with your business goals. To learn more about our offerings, visit our services page or contact us today.
The Importance of Collaboration
Freight theft is not just a financial burden—it impacts businesses, livelihoods, and the economy. By partnering with organizations like GenLogs, the logistics industry can create a safer and more secure supply chain for everyone.
To stay ahead in the fight against theft, connect with Stellar Logistix and explore how our services can protect your business.
Contact Us Today to secure your operations and stay ahead of the curve!
Conclusion: A Step Forward in Freight Security
GenLogs’ free investigative service represents a significant step forward in addressing the $800 million freight theft problem. By leveraging advanced counterterrorism technology and AI, the company is helping the logistics industry recover stolen assets and protect livelihoods.
As theft continues to pose challenges, collaboration and innovation are key to building a secure and efficient supply chain. With proven success in recovering assets and a commitment to supporting businesses of all sizes, GenLogs is setting a new standard for freight security.
Partnering with trusted logistics solutions like Stellar Logistix ensures that your operations remain safe, efficient, and future-ready. Take proactive steps today to secure your business and stay ahead in the industry.
Contact Stellar Logistix to learn more about how we can support your logistics needs!