freight
and the West, contributes 20 per cent of Dubai’s economy. It is well connected to all corners of the world by land, sea and air. In 2014 the Free Zone generated trade worth US$96.5 billion. The Free Zone offers world-class infrastructure, logistics, zero tax regime and a 100 per cent foreign ownership to mention a few of the advantage. Jafza’s product offerings include plots of land, warehouses, showrooms, customised development solutions, offices, retail companies from Australia to set up
to set up an operating base here,” he
outlets, a business park and on-site
manufacturing and processing units
said.
residences. •••
providing them with all the support
Jafza, the bridge between the East
Cargo theft remains top supply chain risk in 2016
S
www.logisticsexecutive.com
In Europe, disruptions in trade caused by the ISIS terrorist group clearly highlighted the link between terrorism and the supply chain. Border controls in France following
upply chains across the
increase in cargo truck hijackings
the November attacks in Paris are
world face a number of
over the last year, with thieves using
estimated to have cost the Belgian
challenges and one of
high levels of violence and switching
shipping industry $3.5 million.
the biggest threats to the
from targeting only high value goods
global supply chain is cargo theft. Last year, according to BSI’s Supply
to also targeting lower value items. Daring vehicle shipment thefts have
Terrorist-linked smuggling rings were also identified to be colluding between Spain and the Middle East,
Chain Risk Exposure Evaluation
become increasingly commonplace
the groups illegally transporting
Network, damages caused by cargo
in China, with a recent series of in-
shipments of stolen electronics,
theft amounted to $22.6 billion – and
transit vehicle thefts occurring along
drugs, weapons and other
that figure is estimated to grow by a
the busy G45 highway.
contraband.
further $1 billion this year.
More sophisticated attacks were
In addition to theft, business
observed in India throughout 2015,
continuity-related threats such as
particularly in China, Germany, India,
where criminal gangs masterminded
extreme weather events and political
Mexico, South Africa, and the US, BSI
new techniques to steal goods
and social unrest, led to significant
says in its latest report.
without breaking customs seals in
losses for individual companies and
order to avoid detection – a major
national economies last year.
There are increased concerns
BSI says most cargo thefts in 2015
The top five natural disasters in
could be attributed to security
risk for companies participating in
issues.
international supply chain security
2015 caused a collective $33 billion
programs.
of damage to businesses. •••
South Africa has seen a 30%
//
APRIL / MAY 2016
// 29