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Cargo Theft Continues to Rise

Logistics Viewpoints

In the United States, there are a lot of billion dollar industries , led by hospitals, pharmaceuticals, commercial banking, life insurance, and petroleum wholesaling to name a few. However, there is probably one industry that most of us would not think of in this list: the cargo theft industry.

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Protect Your Shipments From Cargo Theft

TransAudit

The alarming rise in cargo theft across the United States is becoming a significant concern for businesses, logistics providers, and consumers alike. As prices rise and certain goods become scarce, the value of stolen cargo on the black market increases. GPS tracking ensures real-time monitoring of goods in transit.

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Protect Your Shipments From Cargo Theft

Zipline Logistics

Cargo theft is surging across the United States — and food and beverage products seem to be the main targets. Cargo Theft Increases in the United States Cities seeing a spike in freight theft include Los Angeles, Houston, Miami, Savannah, Newark, New Jersey, Memphis, and Chicago.

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Mexico Transportation Risk with Mark Vickers

The Logistics of Logistics

In 2017, Mark recognized a need for logistics service providers to have better access to cost effective All-Risk Shipper’s Interest Cargo Insurance with focus on Mexico. Finally, Reliance is a leader in specialty insurance products such as usage-based cargo insurance, shippers interest policies and Mexican cargo.

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The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization

Freightos

I can’t export maritime incident data from the US Coast Guard (which could use some tech) but based on this report there were 18 bridge allisions in the United States between 1960 and 2015. If anything, it’s shocking that these incidents don’t happen more frequently.

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United States: 2022 Cargo Theft Report

Supply Chain Brain

In 2022, 1,090 incidents of cargo theft were recorded in the US. In order to highlight the various factors behind these cargo crimes, Overhaul has released our 2022 Annual Report, which compiles data regarding stolen loads by product type and thefts by date, location, Modus Operandi (M.O.), value, and specific product.

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Flexibility in the Face of Uncertainty

Freightos

However, interestingly enough, in today’s global freight environment, shipping from China to Los Angeles by ocean freight and following that up with air cargo shipments to Europe may actually be a more viable route. In other words, ocean cargo costs would cost about $0.21/kilogram kilogram to Europe. Total blended cost?