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TAPA Asia Set ups China Anti-Crime Task Force(Time:2010-03-23 17:16:00)

TAPA Asia Set ups China Anti-Crime Task Force
TAPA Asia set up China anti-crime task force aim at creating a safe and secured environment for supply chain.
SHANGHAI: Following a security workshop with manufacturers, law enforcement agencies and transport & logistics providers hosted by the Transported Asset Protection Association (TAPA) Asia in Shanghai, TAPA Asia announced the formation of a new anti-cargo crime taskforce for China (CACCTF). The steering committee of the newly formed CACCTF aims to raise the level of co-operation with China authorities in order to achieve a safer and more secured environment for supply chain. 
The cost of global cargo theft, according the US FBI's report in 2006, is conservatively estimated to be USD15 -30 billion a year. Adding the cost of investigating to these incidents, processing insurance paperwork and paying claims and the actual annual business impact of cargo crime can easily hit USD 60 billion. Hi-tech products, such as cell phone, IPOD, MP4, chips, laptop and memory sticks continue to be favorite crime targets. 
At the security workshop, participants discussed the importance of cooperation between the industry and police authorities, importance of risk assessment and intelligence sharing, timely reporting all cargo theft to the police, and also measures for manufacturers and their logistics providers to reduce the vulnerability of cargo to theft.
Jason Teo, chairman of TAPA Asia, said: "The purpose for this workshop is to create an opportunity for cooperation between the industry and enforcement agencies in China, with the single objective of enhancing the security environment for safe transit of shipment in China. Having brought both the manufacturers and freight services providers together to set up global security standards for warehousing, trucking, and air-cargo transit stops at airport, it is timely to move forward and join forces with local authorities in the fight against cargo crime. Local enforcement agencies need the support of the industry players, and vice- versa, to reduce cargo crime and make China a safe haven for cargo transit. TAPA Asia is confident that this cooperation will be beneficial for everyone. Together, we can reduce supply chain cargo security risks in China to the lowest in the world."

(Source: http://www.tapa-asia.org/minutes.html)