The cargo theft prevention and recovery network
RouteScore API: Industries We Serve
What is RouteScore API?
CargoNet's RouteScore API combines cutting-edge geospatial models with advanced machine-learning algorithms. This innovative integration delivers highly accurate predictions by harnessing spatial data and predictive analytics, transforming complex datasets into real-time actionable insights to improve cargo load safety.
RouteScore API uses a proprietary algorithm to generate a cargo theft route risk score that provides a relative measure of the likelihood that crime and loss will occur along any route in the US and Canada.
Cargo loss data combined with sophisticated modeling and analysis
With 10+ years of accumulative national cargo theft data, Verisk data scientists developed a solution that powers risk scoring before a trip starts based on various factors such as: type of commodity hauled, value, origin and destination, travel distance, day of the week, truck stop risk, holidays, seasonality, etc.
With 10+ years of accumulative national cargo theft data, Verisk data scientists developed a solution that powers risk scoring before a trip starts based on various factors such as: type of commodity hauled, value, origin and destination, travel distance, day of the week, truck stop risk, holidays, seasonality, etc.
The RouteScore model assesses risks related to theft along a specific route. The risk score has a range of 0-100, with 100 being the highest risk. It is designed to help supply chain and insurance companies better understand their risk of cargo theft and provide them with decision-making support to better protect cargo from being stolen.
Robust Data, Powerful Analytics, Better Decisions:
- Provides tangible insight from historical theft trends
- Allows you to make data driven decisions
- Illustrates best practices and give you and your customers a comfort level
- Mitigate cargo theft insurance claims and stabilize your premium
Schedule a demo today and discover how Verisk's CargoNet RouteScore API can give you a better understanding of your risk in real-time!