cargo theft

Cargo theft value rises, volume falls, FreightWatch says

The average loss value per cargo theft incident in the third quarter was $199,467, an increase of 7 percent over the second quarter, according to the quarterly cargo theft trends report from FreightWatch International.

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Cargo theft value sees big year-over-year drop in third quarter

Cargo thieves in the United States and Canada stole more than $22.5 million in cargo in the third quarter 2015, according to CargoNet’s preliminary quarterly report.

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Cargo theft warnings issued for Labor Day weekend

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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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