May 7, 2013
/PRNewswire/ -- Landstar System, Inc. (NASDAQ: LSTR), a non-asset based provider of integrated supply chain solutions delivering safe, specialized transportation and logistics services, today announced that it has earned the "Best in Security" Award in the Intermediary Category, Tier 1 from CargoNet®, the cargo theft database and information-sharing division of Verisk Crime Analytics. Verisk Crime Analytics is a subsidiary of Verisk Analytics (NASDAQ: VRSK).
Landstar was presented with the top award in the Intermediary Category for third party logistics providers with over
in gross annual revenue. The award is based on criteria that includes a willingness and ability to commit resources to security, standard operating procedures and best practices as well as the extent of utilization of, and support for, the CargoNet program, according to CargoNet.
"Landstar's accomplishments in cargo security are particularly impressive, given that it hauled more than 1.5 million loads last year," said
, general manager, CargoNet. "With such volume, leading security practices are crucial, and Landstar being named 'Best in Security' in our inaugural awards is a testament to its commitment to cargo theft prevention and recovery."
"We're pleased to be recognized by CargoNet for our efforts in protecting the cargo that customers entrust to Landstar for safe, secure, on-time delivery," said Landstar Chairman, President, and CEO
CargoNet's mission is to prevent cargo theft and increase recovery of stolen merchandise through secure and controlled information-sharing among theft victims, their business partners, law enforcement and the National Insurance Crime Bureau (NICB). The database was developed in 2009, using case management and analytic functions that enhance the effectiveness of cargo theft task forces. The network also encompasses training and investigative support for law enforcement, as well as theft prevention services and analytics.