Thieves are enabled by lack of reporting cargo theft, cays CargoNet

InsuranceClaimsMoney MattersHealth & SafetyBehind the Wheel
Written By Jennifer Joslyn

Incomplete data and strained law enforcement can create an environment that is permissive to cargo theft, as thieves are able to exploit gaps in security, intelligence, and enforcement. Incomplete or outdated data on cargo movements and locations can make it easier for thieves to target shipments and evade law enforcement. Strained law enforcement resources can lead to weak security systems for cargo in transit, making it easier for thieves to steal shipments. Further, a lack of information sharing between different law enforcement agencies and the private sector can result in a fragmented approach to cargo theft, making it easier for thieves to operate.

Limited law enforcement and penalties for theft also continue to perpetuate the issue. Stretched law enforcement resources can result in limited enforcement against cargo theft, providing an environment that is conducive to theft. Weak penalties for cargo theft can make it less of a deterrent for thieves, as the risks and consequences of theft are reduced.

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Cargo Thefts Rise Nearly 60%
Cargo Thefts Rise Nearly 60%

CargoNet has reported a significant increase in cargo thefts in the second quarter of 2023, with 582 recorded incidents in the United States and Canada.

Post-Pandemic Organized Crime & Cargo Theft Surges Amidst Concerns for Supply Chain Security
Post-Pandemic Organized Crime & Cargo Theft Surges Amidst Concerns for Supply Chain Security

As the nation emerged from the pandemic, smash-and-grab robberies drew attention in California, targeting high-end stores.

Industry's Vigilance Rises in Response to Heightened Cargo Theft
Industry's Vigilance Rises in Response to Heightened Cargo Theft

Cargo theft has reached a decade-high, with the second quarter of 2023 witnessing a 57% increase compared to the previous year, totaling 582 thefts across the U.S. and Canada.

Thieves are enabled by lack of reporting cargo theft, cays CargoNet
Thieves are enabled by lack of reporting cargo theft, cays CargoNet

Incomplete data and strained law enforcement can create an environment that is permissive to cargo theft, as thieves are able to exploit gaps in security, intelligence, and enforcement.

Truck thefts are on the rise in California, Texas, and Georgia
Truck thefts are on the rise in California, Texas, and Georgia

According to CargoNet, a total loss value of $6,033.572 has already been recorded between August 1st and December 14th of 2022.

Small trucking companies are falling victim to more theft
Small trucking companies are falling victim to more theft

In a Jonesboro, Arkansas truck repair show last Tuesday, a group of thieves stole 25 18-wheeler tires during the night.

Container thieves love traffic jams at the ports
Container thieves love traffic jams at the ports

Unattended cargo containers are sitting ducks for ambitious thieves.

Cargo theft over the holiday weekend puts carriers on high alert
Cargo theft over the holiday weekend puts carriers on high alert

In the past five years alone, there have been 114 cargo thefts reported over the 4th of July holiday. The total loss in value was $5,535,417.

Cargo theft rising as congestion leaves containers “sitting around”
Cargo theft rising as congestion leaves containers “sitting around”

Cargo theft is increasing as congestion at the ports leaves containers like sitting ducks.

Trucker safety is critical; how to avoid being targeted
Trucker safety is critical; how to avoid being targeted

Companies and drivers alike are becoming more concerned about the safety of their workers as crime upticks in the transportation industry.

Cargo theft value jumped 73% in Q1, according to freight security company, Cargonet
Cargo theft value jumped 73% in Q1, according to freight security company, Cargonet

While the number of thefts did not increase, the value of cargo theft skyrocketed.

Jennifer Joslyn
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