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to discuss the evolving landscape of cargo theft that continues to plague the freight industry. While straight theft (the physical taking of trucks, trailers, or cargo from where they’re parked) remains the most common form of cargo theft, criminal tactics have shifted in the last few years. The scammer couldn’t answer.
In a phone interview with FreightWaves, Executive Director Gene Seroka emphasized the vast opportunities presented by the historic rail agreement, particularly in terms of enhancing cargo flow and expanding reach into key markets across the country. Cargo owners have gone to a four-corner strategy of port diversification.
In 2024, cargo theft incidents surged to 3,625 across North America, a 27% year-over-year increase, with losses exceeding $455 million and an average loss per theft of $202,364. The economic toll of cargo theft alone is estimated at $15–$35 billion annually, disrupting supplychains and inflating costs for businesses and consumers.
Fred Smith was the founder of FedEx, SupplyChain Digest Says. Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight.
The global supplychain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. Regulations may be more of a driver in the future.
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. It must be taken to a secured drop yard.
It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world. FedEx is the largest cargo airline in the world in terms of scheduled freight tonne kilometers (FTK), a distinction the company has held since 2014, and it’s the fourth largest in terms of fleet size.
British Navy saves 27 aboard doomed cargo ship. Lanes from Dallas to Los Angeles, Memphis to Atlanta, and Philly to Boston all gained ground. DERA effectively uses American-made technology to reduce air pollution that harms our lungs and our climate — creating American jobs and a healthier environment," said US Sen.
races to expand Michigan locks and secure the supplychain S.-bound Sequoia enables the company to put up items for sale on its website faster and be able to more easily predict delivery estimates, said David Guerin, the company’s director of robotic storage technology. Nine of the outages occurred in the last four years.
So, while I plot my next move, here’s the supplychain and logistics news that caught my attention this week. Robinson Acquires The Space Cargo Group to Expand Global Presence Transplace Partners with Noodle.ai There are several startups, like Starship Technologies , that are working on similar delivery robots.
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