With cargo theft at record-highs, and having increased 8.3 percent last year, The Chubb Group of Insurance Companies and FreightWatch International are teaming up to offer discounted real-time cargo tracking and monitoring.

FreightWatch now offers Chubb transportation insurance customers a 10-percent discount on real-time shipment tracking services, and Chubb will waive some cargo insurance deductibles of up to $10,000 when monitored merchandise is stolen and not recovered within 30 days of notifying law enforcement.

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