cargo theft News

Alert: Cargo Theft Risks Spike During Thanksgiving Holiday

Cargo theft tends to pick up over the Thanksgiving period, an analysis warns. According to a supply chain analysis by CargoNet, 174 significant theft events typically take place during a six-day window from the Tuesday before Thanksgiving through the following …

Cargo Theft Increases Heading into Labor Day Holiday, Report Shows

While workers are taking a break to celebrate a holiday that honors labor, crooks will be laboring to take advantage of that time off. Cargo theft activity typically spikes on the days preceding and following Labor Day weekend, according to …

Thanksgiving Cargo Theft Threat ‘Extremely High’: CargoNet

The threat of cargo theft activity this Thanksgiving is “extremely high” and “unlike any recent year,” according to CargoNet. CargoNet, a Verisk product, has tracked a sharp increase in year-over-year theft reports. Since November 2022, the average number of reports …

Viewpoint: Cargo Theft Continues to Threaten Supply Chains

After a few tumultuous years, many of the logistical and manufacturing challenges that have plagued global supply chains are finally beginning to stabilize. One unfortunate trend that has not leveled off is cargo theft. With lingering inflation and other economic …

Federal Law Preempts Stolen Cargo Claim Against Transportation Broker

Landstar Ranger, a transportation broker, sent a truck driver who called himself “James” to pick up cargo in Colorado for delivery to Maryland. A dispatcher authorized the pickup even though the driver’s telephone number and email address didn’t match records …

Cargo Theft Numbers Spike Again After One-Year Lull

Just when it looked like the supply chain was returning to a normal degree of fraud and thievery, a surge in cargo thefts in the final quarter of 2022 pushed full-year totals past the numbers seen even during the peak …

Drop in Cargo Thefts Follows Spike During Pandemic Lockdowns

A rash of railcar thefts in the Los Angeles area may have given a different impression, but nationally the number of reported cargo thefts dropped by 15% in 2021 compared to the prior year, according to CargoNet’s annual Supply Chain …

Piracy Attacks Off West Africa Coast Nearly Doubled in 2016

Pirate attacks off West Africa almost doubled in 2016, with the majority of incidents occurring off Nigeria’s coast, a new report said Tuesday. Incidents of piracy and armed robbery at sea off West Africa increased from 54 in 2015 to …

Mississippi Legislation Targets Cargo Theft

According to the National Insurance Crime Bureau, the Mississippi legislature recently considered two bills that would create a specific offense for cargo theft. House Bill 722, introduced by Representative Steve Massengill (R-District 13), and Senate Bill 2184, introduced by Senator …

Long 4th of July Weekend Prime Time for Cargo Theft

Though families use the Fourth of July weekend to reconnect at picnics and barbecues, cargo thieves are expected to take advantage of the long three-day weekend by stealing truckloads of nonalcoholic beverages, major appliances and copper. That’s according to CargoNet, …