Posts

Showing posts from January 30, 2024

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 tak