In an effort to combat the growing problem of cargo theft in Mexico, Logitrack, a leading provider of security and satellite tracking solutions, has announced a strategic partnership with leading insurance companies in the country. This partnership will offer Logitrack customers access to discounts on insurance premiums, reduced deductibles, and other exclusive benefits when they purchase policies from the partner insurers.

Freight theft: a problem affecting the national economy

Freight theft remains a persistent challenge in Mexico, with 5,140 incidents reported in the first quarter of 2024, according to data from Overhaul reported by The Logistics World. This represents a 1.4% increase compared to the same period last year. On average, this figure amounts to 57 freight thefts per day in Mexico.

Although the report identifies trends regarding the areas and days of the week with the highest incidence, the reality is that any freight company operating in Mexico is at risk of becoming a victim of crime.

Security systems: the first line of defense

Freight security systems, such as those offered by Logitrack, are an essential tool for combating this problem. These systems use advanced technologies—such as real-time satellite tracking, remote accelerator locking, door-opening sensors, and anti-jamming systems—to deter criminals and facilitate the recovery of goods in the event of theft.

There are many benefits to using these systems. In addition to reducing the risk of theft, they also improve fleet operational efficiency, enable better asset control, and lower insurance costs by reducing risk. Logitrack offers different levels of technological protection, tailored to each customer’s specific needs, ranging from basic satellite tracking systems to comprehensive solutions that include accelerator lockout, tamper protection, and remote air brake control.

A partnership for comprehensive protection

The new partnership between Logitrack and insurers such as Qualitas and ANA Seguros offers carriers unprecedented comprehensive protection, combining cutting-edge security technology with exclusive financial benefits that reduce costs and risks.  

By working together, Logitrack and the insurance companies aim to create a safer and more efficient environment for freight transport in Mexico. Logitrack customers who purchase insurance from these providers will have access to exclusive benefits, such as discounts on insurance premiums, reduced deductibles, and access to value-added services.

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The partnership between Logitrack and insurance companies is an important step in the fight against cargo theft in Mexico. By combining cutting-edge technology with financial solutions, this partnership offers comprehensive protection to carriers and contributes to a safer future for the transportation industry.

Through our solutions, we eliminate theft from your cargo trucks in less than 90 days. Learn more by clicking here, or contact one of our advisors for a free initial consultation.

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