cargo theft

Trucker fined $1.3M, sentenced to 22 years in prison for role in cargo theft ring

A truck driver who was convicted earlier this year to conspiring to steal trucks, trailers and cargo over a 14-year period has been sentenced to 22 years in prison and has been ordered to pay $1.3 million in restitution to victims.

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Recent cargo thefts a warning to carriers: Beware of cargo theft ‘red zone’

Cargo theft tracking firm FreightWatch International issued an alert this week saying it has seen three “red zone” truckload thefts in the last three weeks, stemming from what it says is an “unusually high rate in violations of best practices for in-transit security.” FreightWatch defines the cargo red zone as within 200 miles of a loads origin, and the three recent thefts were caused by “staging cargo within the red zone,” FreightWatch says in its alert. A ...

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Cargo theft update: Load value jumps as thieves target high-value freight

The average loss value per cargo theft incident in the third quarter of 2014 jumped 100 percent from 2013’s third quarter $321,521, while the number of thefts fell. Here's what loads were hot, what states they occurred in and the methods used.

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Peterbilt equipping 579, 567 models with anti-theft system

Peterbilt announced Sept. 23 it is offering a new anti-theft system for its Models 579 and 567 equipped with the Paccar MX-13.

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Second quarter cargo theft report: Loss value continues to climb as criminals ‘increase sophistication’

Between April and June, 179 cargo thefts were recorded in the U.S., per FreightWatch International. The average loss value per incident, however, rose 5.6 percent to $174,415. Here's a breakdown of the full report.

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Cargo thieves’ new tool: ‘Jammers’ that scramble tracking devices

Cargo thieves seem to have a new tool at their disposal, according to FreightWatch International, who says two recent incidents “may indicate the beginning of a trend” for those looking to steal trailers or their contents.

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Two-truck owner pleads guilty in cargo theft ring targeting unhooked trailers

A two-truck fleet owner based in Memphis has pleaded guilty to heading a cargo theft ring in which he and two others would cruise through truck stops looking for unattended and unhooked trailers and drive off with them.

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Feb.-April cargo theft report: Thefts fall, loss value jumps

In the rolling quarter from February-April, 178 cargo thefts were reported in the U.S. with an average value loss of $245,000, according to FreightWatch International. Here's a breakdown of the type and location of loads stolen.

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Cargo theft incidents drop, value rises as food, home loads remain hot targets

In the first three months of the year, 206 cargo thefts were reported in the U.S. with an average value per load of $207,982, according to FreightWatch International's quarterly theft report. Here's a breakdown of the type and location of loads stolen.

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FreightWatch: Cargo theft numbers in 2013 hit all-time high again, threat of theft grows

The number of cargo thefts recorded in 2013 tied 2012's all-time high of 951, according to an annual report, which also said that better organization and innovation by thieves continues to push the threat of cargo theft higher.

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