theft

Cargo theft volume falls, but value increases

The firm recorded 126 cargo thefts in the United States during the second quarter, which is a 10 percent decrease from the first quarter. The $140,162 average loss value of those thefts was a 12 percent increase when compared to the first quarter of the year.

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CargoNet: First quarter cargo thefts totaled $28.7M in losses

Of the 192 cargo thefts recorded in the quarter, 51 of them were in California, leading all states. Behind California was Ontario, Canada, displacing Texas from the No. 2 spot it normally holds.

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Trucking’s cargo theft losses totaled $173 million in 2016, report says

Cargo theft recording firm CargoNet logged 836 cargo theft incidents in 2016 worth an estimated $172.9 million, the firm reported in its annual cargo theft trend analysis.

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Combating the theft problem with information

CargoNet offers members a reporting service which ensures theft info is distributed to a network of more than 125,000 officers in more than 9,000 jurisdictions around the country, including the several regional cargo theft task forces that exist.

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Heists involving identity theft and other types of fraud are growing part of cargo theft mix

Since the so-called “fictitious pickup” cargo theft mode drew enough attention in supply-chain-security circles to warrant specific attention, it's only continue to grow as a share of all load thefts nationwide. Combat it with information security.

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FreightWatch: Cargo theft instances climb from same period in 2015

During the third quarter, FreightWatch saw 77 cargo thefts in July, 66 in August and 50 in September.

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Cargo thefts in California up 40 percent year-over-year, down across U.S.

The 201 cargo thefts, however, are a 9 percent decrease from 2015’s third quarter, CargoNet reports. These thefts decreased in most states, according to the firm, but California saw a 40 percent increase in year-over-year cargo thefts with 59 reported thefts.

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Be wary of cargo theft when traveling through Los Angeles

The average loss value for cargo thefts in the greater Los Angeles area is 32 percent higher than the national average, according to FreightWatch.

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FreightWatch, CargoNet issue Labor Day cargo theft warnings

According to FreightWatch, 89 percent of cargo thefts that took place on Labor Day weekend in 2015 happened in California, Texas, Florida and Georgia. CargoNet lists the same four states and adds New Jersey as the most-targeted states during recent Labor Day weekends.

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Cargo thefts predicted to rise during July 4 weekend

FreightWatch said it recorded an average loss value of $1.1 million during July 4 weekend last year, which is six times higher than the average during the rest of the year.

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