cargo theft

Cargo theft warnings issued for Labor Day weekend

The threat for cargo theft is greater than normal this weekend, cargo theft prevention firms warn.

Read More

Cargo theft numbers up in second quarter, CargoNet says

CargoNet reported this week that more than $19.5 million in truck freight was stolen in the second quarter — an $8 million increase from the same period last year.

Read More

Cargo theft update: Number of thefts and value of thefts fall in second quarter

The average loss value per cargo theft incident in the second quarter of 2015 dropped 27 percent from the first quarter of 2015 to $189,307, while the number of thefts fell 11 percent from the first quarter, according to the quarterly cargo theft trends report from FreightWatch International.

Read More

Two cargo theft rings busted in recent weeks

Law enforcement officials across the U.S. have been busy cracking down on cargo theft rings of late, and two theft rings have been busted this month – one in the Midwest and one in Florida.

Read More

Second cargo theft warning issued for holiday weekend, thieves expected to be active

FreightWatch International this week issued a warning to carriers and others in the freight supply chain urging them to watch out for cargo thieves during the July 4th weekend, citing an uptick around holidays in cargo theft activity.

Read More

Cargo theft update: Value increases as number of thefts falls

The average loss value per cargo theft incident in the first quarter of 2015 jumped 25 percent from 2014’s first quarter to $256,966, while the number of thefts fell, according to the quarterly cargo theft trends report from FreightWatch International.

Read More

Nearly $90M in truck freight stolen in cargo thefts in 2014, report shows

Though the number of theft incidents fell in 2014, CargoNet reports an alarming trend — thieves targeting high value loads and putting in the effort to steal them.

Read More

2014 cargo theft report: Trends point to elevated threat, more sophisticated thieves

FreightWatch says cargo thieves in the U.S. are becoming more sophisticated, with data “suggesting organized thieves offset the lack of access to a high quantity of shipments by targeting higher value merchandise,” the report notes.

Read More

Truckers could be suspected in $5M gold bar cargo theft, reports say

Following an odd cargo theft earlier this week — in which roughly $5 million in gold bars were stolen from the back of a tractor-trailer heading from Miami to Massachusetts — authorities have begun to question whether the two truckers piloting the rig were involved.

Read More

Cargo theft warning: West Coast port backlog ripe for cargo thieves, FreightWatch says

“As the massive backlog of cargo begins to release into the supply chain, the frenetic situation will be rife with opportunity for cargo criminals,” FreightWatch said in its warning.

Read More