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Showing posts from August 19, 2024

Guarding Against Holiday Cargo Theft: The Upcoming Labor Day Risk

As Labor Day approaches, the trucking industry braces for a spike in cargo theft, a trend historically observed during holiday weekends.   Thieves exploit the extended downtime, targeting parked trucks and unattended warehouses, making vigilance more crucial than ever.   Labor Day has consistently been a hotbed for cargo theft, with reported incidents often doubling during holiday weekends.   In 2022, the theft rate during Labor Day weekend was 36% higher compared to non-holiday weekends, with electronics, food and beverages, and apparel being the most stolen commodities.   According to CargoNet, a leading provider of cargo theft prevention, the average value of stolen goods per incident during Labor Day was approximately $200,000, underscoring the financial impact of these crimes.   Why Labor Day?   Labor Day thefts are often more successful due to several factors:   Extended Periods of Inactivity: Thieves know that companies may be closed, and drivers are likely