Record-Breaking Cargo Thefts Expected During Peak Shipping Season
As the peak shipping season intensifies, cargo theft is seeing a noticeable surge. Keith Lewis, vice president of operations at CargoNet, shared that just a few weeks ago, 75 thefts were reported in a single week, suggesting the possibility of nearly 4,000 thefts annually if this trend holds. This year has seen an overall rise in thefts, with the industry anticipating more criminal activity during the holiday season. This spike underscores the critical need for businesses to bolster their security efforts as organized criminal groups exploit the fast-moving supply chain. Peak Season: A Breeding Ground for Theft The fourth quarter is notorious for increased cargo theft, with security often being sacrificed for speed as companies rush to meet the holiday demand. Danny Ramon of Overhaul noted that this trend is not just about opportunistic crimes but increasingly strategic, organized thefts. The rapid pace of shipping leaves room for security lapses, and...