Truck drivers and logistics companies face a myriad of risks, including an increase of hijackings and violence on the road.
This was highlighted by the numerous arson and looting incidents across Limpopo and Kwa-Zulu Natal last week.
According to Jason Mellow who heads up Business Insurance at MiWay, criminals often target trucks due to the valuable cargo the vehicles carry, making logistics companies extremely vulnerable to theft and malicious activities.
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“The risk of hijacking is a significant concern, with statistics from The South African Police Service (SAPS) revealing that 2573 truck hijackings took place during the first three months of 2023, with hijackers ambushing the trucks, overpowering the drivers and often stealing both the vehicle and its contents.
Mellow says truck hijackings not only result in significant financial losses for businesses, but also threaten the safety and well-being of the drivers.
“To mitigate these risks, logistics businesses and drivers must prioritise security measures and take all the necessary safety precautions.
“Amidst this rising level of crime directed at the logistics industry, it is crucial to invest in advanced tracking systems, such as GPS devices, that can monitor the vehicle's location in real-time and provide immediate alerts in case of any suspicious activities.
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“Additionally, regular driver training sessions will empower employees to recognise and respond to potential threats, ensuring they are well-prepared to handle unforeseen situations on the road.”
Furthermore, Mellow explains that when operating a logistics business, having comprehensive insurance coverage is vital to protect one's assets.
“Business insurance plays a crucial role in mitigating the financial impact of theft, hijacking and other potential risks associated with owning and operating trucks.
“In the unfortunate event of a criminal incident, having the right insurance coverage can compensate for stolen or damaged goods, enabling the business to recover its losses and continue operation,” Mellow cautions.
