Latest articles on GeoLok 
Pharmaceutical companies choose TrakLok to protect their products from theft and tampering.(21/10/2011)
Costs associated with pharmaceutical cargo loss are a particular point-of-pain for pharma companies. Preventing losses goes beyond ensuring high-value cargo is not stolen. TrakLok’s GeoLok™ cargo security solution is now being used to protect pharmaceutical shipments both within the United States and abroad. These companies are relying on the hardened physical security and the superior monitoring capabilities provided by TrakLok’s technology. The GeoLok™ solution has now been deployed to pro... [more]
TrakLok Corporation showcases container security solution at ASIS International 2011(12/09/2011)
At the 57th Annual ASIS International 2011 Seminar and Exhibits in Orlando, Florida, TrakLok Corporation will exhibit its GeoLok™ its cargo locking and tracking security solution. TrakLok representatives will demonstrate how companies can realize significant return on investment through stop-loss, operational improvements, productivity gains, customer relations benefits, and competitive advantage. ASIS 2011 will present more than 175 education sessions designed to bring attendees the latest i... [more]
Increasing security standards in shipping containers could achieve significant savings(24/03/2010)
The International Cargo Security Council reported and estimated $25 billion in merchandise was stolen in the US each year. The European Union estimates that 8.2 billion Euros worth of cargo was stolen off of trucks every year. The total worldwide theft of cargo approaches $50 billion according to Freightwatch International Group. These numbers are considered to be low since not all cargo thefts are reported. In addition, the American Association of Port Authorities estimated that there are $... [more]
GeoLok locking and tracking solution prevents access to containers while tracking the shipment(18/01/2010)
Across South America, Central America, and the Caribbean, new rail and ocean carrier links are being made within the region and internationally. Even domestically, trade routes are being developed and improved to increase cargo traffic to and from previously harder to access areas. The new trade routes are seen as boosters to the Latin American and Caribbean economies. One such domestic project is a new rail line to connect Valparaiso and Santiago in Chile. This project would greatly decrease... [more]
Expansion of Trans-Asian Railway Network Brings New Cargo Security Issues(07/01/2010)
Across Asia, new transportation infrastructures are being created as well as existing ones receiving upgrades. In attempts to expand trade across the continent as well as strengthening transportation networks connecting Europe, many infrastructure projects have been undertaken throughout the region. A perceived benefit of these new transportation networks is increased cargo security. One such project is expansions and improvements to the Trans-Asian Railway Network which connects Asia and Eu... [more]
GeoLok quickly and easily increases physical security for cargoes(08/12/2009)
The FBI estimates that cargo theft cost anywhere from $15 to $30 billion and the average freight on a trailer was worth anywhere from $12,000 to $3 million. The total worldwide theft of cargo approaches $50 billion according to Freightwatch International Group. In addition, the American Association of Port Authorities estimated that there are $60 billion of in-direct costs that are associated with cargo theft. The two main threats to cargo security are theft and smuggling. Cargoes of all t... [more]
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