FIATA and BIC join Cargo Integrity Group
NewsThe two organisations bring membership of the CIG to seven
CommerceGuard closes
CommerceGuard AB, the container tracking service jointly owned by GE Security, Mitsubishi Corporation, Samsung C&T Corporation and Siemens Building Technologies, has posted a notice on its website that “business operations for CommerceGuard are currently suspended”.
CommerceGuard spokesman John Reichner said the company was liquidated at the end of 2010. Like many others, it believed the market for container tracking services would be driven by regulatory requirements for greater supply chain security but in the event, such requirements have failed to emerge.
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This complete item is approximately 200 words in length, and appeared in the January 2011 issue of WorldCargo News, on page 12. To access this issue download the PDF here.
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