Monday, January 23, 2012

U.S. Cargo Crime Hits New High

(International Freighting Weekly – David Badger)

More trucks are hijacked, but better security means gangs are forced to target lower-value shipments

Cargo crime in the US hit another record high in 2011, as criminal gangs escaped with hauls worth an average of almost $320,000 – but this figure is down on recent years.  In its annual U.S. Cargo Theft Report, FreightWatch International, a global logistics security services provider, said 974 cargo theft incidents were recorded last year. 

CEO Barry Conlon said: “While the rate of theft continues to rise, we are pleased to see the average value per incident begin to decline.  This shows that shippers, and the industry as a whole, are beginning to secure their high-value cargo more effectively, forcing criminals to target less-valuable loads.” Read more here.