2Q Cargo Theft Statistics Show Rise in Stolen Goods


Cargo thefts from trucks and warehouses have seen a significant spike during the second quarter of this year, according to a report by FreightWaves.  The article highlights the alarming increase in theft incidents and emphasizes the need for enhanced security measures to protect freight during the transport process.

 

Below is a recap of CargoNet’s findings:

 

*Cargo theft increased 57% YOY, reporting 566 US incidents in 2Q 2023.

 

*Thieves targeted higher valued loads with nearly $44 million worth of products stolen last quarter and the average load being worth almost $100,000 more than in the past.

 

*California accounted for the most thefts followed by Texas and Florida.

 

*Full truckload theft increased 17% YOY.

 

*There were 127 more fictitious pickups 2Q 2023 vs. 2Q 2022.

 

Road Scholar Transport recognizes the importance of safeguarding cargo and has implemented various strategies to mitigate the risk of theft.  One of the key measures we have taken is the use of advanced tracking and monitoring systems.  By utilizing GPS technology and real-time tracking, Road Scholar Transport can closely monitor the location and movement of our trucks and shipments, ensuring greater visibility and reducing the chances of theft.  Check out some of the ways we are helping to keep your freight safe:

 

-Geofencing capability-route and customer-specific.

-We are an asset-based carrier so you can be sure that a uniformed Road Scholar Transport representative who is constantly trained on the latest cargo theft threats is moving your freight, not an imposter.

-We’ve never suffered a full cargo loss in company history.

-Expedited services are available so that your product is not sitting on a dock for days.

-24 x 7 dispatch and oversight.

-US customs approved Navalock-bolt cutter, sledgehammer, and chisel proof.  We use the Babaco TRUK-LOC V on high-security loads.  A lock that CANNOT be shimmed, lost, cut, stolen, or forgotten.

 

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