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 c...