Core Insights - The GearTrack April Cargo Security Index indicates a significant rise in cargo theft incidents in the U.S., with 54% occurring in California, Florida, and Texas in March 2025 [1][7] - California experienced a 34% month-over-month increase in cargo theft incidents, while Texas and Florida saw increases of 17% [1][7] - Food and beverage items were among the most targeted goods, highlighted by a thwarted theft of $55,000 worth of beef in Philadelphia [1][7] Industry Trends - Organized theft groups are employing innovative schemes, including non-delivery of loads and document forgery for fraudulent pick-ups [2] - Shippers are advised to enhance route planning to ensure the safe delivery of valuable goods, particularly in sectors like food and beverage, apparel, household goods, metals, and vehicles [2] Cargo Security Index Overview - The Cargo Security Index is a collaboration between GearTrack and CargoNet, providing insights into cargo theft trends, high-risk routes, and organized theft activity [3] - The Index aims to equip shippers, logistics providers, and insurers with intelligence to counter increasingly sophisticated threats [3] Response to Rising Theft - The surge in cargo theft is attributed to economic pressures, tariff uncertainty, and increased shipment volumes [4] - GearTrack plans to integrate Verisk CargoNet's RouteScore API to offer route-specific intelligence and customized protection recommendations [4] Company Background - GearTrack is an IoT-powered supply chain solution that tracks and protects high-value assets in real-time, helping companies reduce downtime and ensure timely deliveries [5] - Verisk is a strategic data analytics partner for the global insurance industry, focusing on improving operational efficiency and combating fraud [6]

SPS Commerce (SPSC) Q1 2025 Earnings Call April 25, 2025 12:45 AM ET Company Participants Irmina Blaszczyk - Managing DirectorChad Collins - CEOKim Nelson - Executive Vice President & Chief Financial OfficerParker Lane - Managing Director - Equity ResearchRobert Morelli - Equity Research AssociateNehal Chokshi - Managing DirectorMark Schappel - Managing Director Conference Call Participants Lachlan Brown - AnalystGeorge Kurosawa - Equity Research AnalystDylan Becker - Research AnalystJoe Vruwink - Senior Re ...

SPS Commerce, Inc. (NASDAQ:SPSC) Q1 2025 Earnings Conference Call April 24, 2025 4:30 PM ET Company Participants Irmina Blaszczyk - Investor Relations Chad Collins - CEO & Director Kim Nelson - Executive VP & CFO Conference Call Participants Parker Lane - Stifel Rob Morelli - Needham & Co. Lachlan Brown - Redburn Atlantic George Kurosawa - Citi Dylan Becker - William Blair Joe Vruwink - Baird Jeff Rhee - Craig Hallum Nehal Chokshi - Northland Capital Markets Mark Schappel - Loop Capital Markets Operator Goo ...